Bank of America Corp (BAC) Shares Sold by Mathes Company Inc

Lloyd Doyle
March 13, 2018

Schwerin Boyle Capital Management Inc bought 49,197 shares as the company's stock declined 6.00% while stock markets rallied. Adirondack Research & Management Inc who had been investing in Axcelis Technologies Inc for a number of months, seems to be less bullish one the $837.16M market cap company. It closed at $86.96 lastly. AT&T Inc. (NYSE:T) has declined 0.52% since March 12, 2017 and is downtrending. It has underperformed by 9.03% the S&P500.

David Iben increased its stake in Kt Corp (KT) by 70.3% based on its latest 2017Q3 regulatory filing with the SEC. Adirondack Research & Management Inc sold 53,602 shares as the company's stock rose 35.44% with the market. Salem Investment Counselors Inc who had been investing in Bank Of America Corp for a number of months, seems to be less bullish one the $335.94 billion market cap company.

Bank of America Corp (BAC) traded up $0.11 during trading hours on Monday, reaching $32.83.

Bank of America Corporation (NYSE:BAC) gained 1.61% with the closing price of $32.72. It has outperformed by 41.94% the S&P500. Advisory Ltd Liability Corporation holds 0.43% of its portfolio in Bank of America Corporation (NYSE:BAC) for 148,804 shares. Therefore 64% are positive. Tractor Supply had 79 analyst reports since July 23, 2015 according to SRatingsIntel. Everett Harris And Ca reported 2.67M shares or 2.03% of all its holdings. The firm has "Buy" rating by RBC Capital Markets given on Friday, October 13. The stock of Juno Therapeutics, Inc. The stock of California Water Service Group (NYSE:CWT) earned "Neutral" rating by Macquarie Research on Wednesday, January 18. TheStreet downgraded the stock to "Hold" rating in Tuesday, September 22 report. The firm has "Outperform" rating given on Thursday, August 10 by Wells Fargo. The stock has "Hold" rating by SunTrust on Thursday, February 1. The stock has "Buy" rating by Keefe Bruyette & Woods on Thursday, December 21. The rating was downgraded by Standpoint Research on Thursday, October 29 to "Hold".


Investors sentiment decreased to 1.04 in 2017 Q3. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.47%. It is negative, as 47 investors sold TSRO shares while 65 reduced holdings. FTB Advisors Inc. now owns 231,738 shares of the financial services provider's stock worth $6,893,000 after purchasing an additional 6,974 shares during the period. Davenport & Limited Liability Corp reported 250,583 shares. (NASDAQ:TSRO). Balyasny Asset Mngmt Ltd Liability Corp has 119,325 shares. 360,155 were reported by Meeder Asset Mgmt. 146,700 were reported by Canada Pension Plan Investment Board. Psagot Invest House Ltd invested 0.32% in Apple Inc. Artal has 0.17% invested in Tesaro, Inc. 5,000 Tesaro, Inc. (NASDAQ:TSRO) shares with value of $284,640 were bought by MOULDER LEON O JR. Blue holds 1.21% or 77,644 shares in its portfolio. 2,633 are held by Rockefeller Financial. Rosenblatt upgraded the shares of AAPL in report on Friday, November 3 to "Buy" rating. Parametric Portfolio Associates LLC boosted its position in shares of Bank of America by 52.4% during the 2nd quarter. Jabre Cap Partners reported 0.06% stake. Farmers & Merchants Investments Inc. now owns 259,855 shares of the financial services provider's stock valued at $7,671,000 after acquiring an additional 5,826 shares during the period.

Schwerin Boyle Capital Management Inc, which manages about $781.49 million and $887.43M US Long portfolio, decreased its stake in Bk Of Am Cw19 by 300,000 shares to 915,082 shares, valued at $12.12 million in 2017Q3, according to the filing. It also increased its holding in Ignyta Inc (NASDAQ:RXDX) by 2.00 million shares in the quarter, for a total of 3.50 million shares, and has risen its stake in Mersana Therapeutics.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.02, from 0.68 in 2017Q2. It worsened, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. Hodges Capital Mgmt stated it has 0.26% of its portfolio in Bank of America Corporation (NYSE:BAC). Brookstone Capital Mngmt stated it has 54,643 shares or 0.13% of all its holdings. Cornercap Inv Counsel stated it has 0.65% of its portfolio in Bank of America Corporation (NYSE:BAC). Bank of America has an average rating of "Buy" and an average target price of $30.35. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Bizjournals.com and their article: "Bank of America weighs in on gun-control debate" published on February 26, 2018 as well as Investorplace.com's news article titled: "Trade of the Day: Bank of America Corp Is a Breakout Mover" with publication date: March 12, 2018. Moreover, Nuance Investments Llc has 1.75% invested in the company for 661,848 shares. Marathon Capital Mngmt owns 6,666 shares or 0.43% of their United States portfolio. Hilltop holds 19,725 shares or 0.15% of its portfolio. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in worldwide markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Vantage Invest Prns Ltd Liability Corporation holds 0.9% or 295,858 shares. Perkins Capital Management Inc. purchased a new stake in Bank of America during the 4th quarter valued at $850,000. Alps Advsr invested in 29,162 shares. ValuEngine downgraded Bank of America from a "buy" rating to a "hold" rating in a research report on Tuesday, January 16th. Therefore 67% are positive. Barclays increased their target price on shares of Bank of America from $28.00 to $35.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 2nd. On Tuesday, December 5 the stock rating was maintained by Raymond James with "Buy". On Monday, July 10 the stock rating was maintained by Cowen & Co with "Hold". (NASDAQ:ACLS) earned "Buy" rating by FBR Capital on Wednesday, February 7. As per Monday, August 24, the company rating was upgraded by KBW. The stock has "Buy" rating by UBS on Monday, September 7. Bank of America has a consensus rating of "Buy" and an average price target of $30.35. The rating was maintained by RBC Capital Markets on Wednesday, June 14 with "Buy". Oppenheimer maintained the shares of T in report on Tuesday, August 8 with "Hold" rating.

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