Masters Capital Management Llc who had been investing in Bank Amer Corp (Call) for a number of months, seems to be bullish on the $330.12 billion market cap company.
Bank of America (NYSE:BAC) traded up $0.11 during midday trading on Tuesday, reaching $32.20. Citigroup restated a "neutral" rating and issued a $27.00 target price (up from $25.00) on shares of Bank of America in a report on Monday, October 9th.
More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Bloomberg.com which released: "BofA Shortens Wait for Junior Investment Bankers to Climb Ranks" on January 25, 2018, also Fortune.com with their article: "How Bank of America Can Catch JP Morgan" published on January 22, 2018, Wsj.com published: "Bank of America: No More Free Checking for Customers With Low Balances" on January 22, 2018. It has outperformed by 41.94% the S&P500.
Profund Advisors Llc decreased its stake in Monsanto Co New (MON) by 10.16% based on its latest 2017Q3 regulatory filing with the SEC. Advisor Partners LLC now owns 222,811 shares of the financial services provider's stock valued at $7,068,000 after buying an additional 18,929 shares in the last quarter. Hillsdale Investment Management Inc who had been investing in Centene Corp Del for a number of months, seems to be bullish on the $19.07B market cap company. The stock increased 0.65% or $0.35 during the last trading session, reaching $54.64. About 424,909 shares traded. Verizon Communications Inc. (NYSE:VZ) has declined 8.48% since January 26, 2017 and is downtrending. It has outperformed by 15.86% the S&P500.
Since August 4, 2017, it had 0 insider purchases, and 3 insider sales for $513.86 million activity. MIZELL STEVEN had sold 8,100 shares worth $966,720. Grassi Management holds 442,175 shares. Insider ownership decreased by a total of 77058 shares, which suggests that BAC's key executives are feeling less optimistic about the outlook for the stock.
Thompson Rubinstein Investment Management Inc, which manages about $259.90M and $286.52M US Long portfolio, decreased its stake in Kemper Corp (NYSE:KMPR) by 25,644 shares to 51,877 shares, valued at $2.75M in 2017Q3, according to the filing. It also reduced its holding in American International Group (NYSE:AIG) by 5,775 shares in the quarter, leaving it with 6,400 shares, and cut its stake in Ishares Msci Germany (HEWG).
Short interest is another tool that analysts use to gauge investor sentiment. Its down 0.08, from 1.12 in 2017Q2. It improved, as 52 investors sold AAPL shares while 1034 reduced holdings. 117 funds opened positions while 547 raised stakes. Argent Tru reported 12,736 shares stake. Picton Mahoney Asset accumulated 717,900 shares. Adage Prtn Grp Lc holds 0.95% or 15.45 million shares. Sun Life Fincl Inc holds 0.09% or 7,581 shares in its portfolio. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.93. Rathbone Brothers Public Limited Company, a United Kingdom-based fund reported 153,828 shares. During the same period last year, the business posted $0.40 EPS. equities research analysts anticipate that Bank of America will post 2.46 earnings per share for the current year. Wealthfront Inc has invested 0.03% in Monsanto Company (NYSE:MON). S&Co reported 0.03% stake. Atlantic Group Ltd Liability Co holds 873,891 shares or 0.1% of its portfolio. 17,353 were accumulated by Advisory Rech. 130,985 are held by International Group Incorporated Inc. Train Babcock Advsrs Ltd reported 0.66% in Bank of America Corporation (NYSE:BAC). 24,646 are owned by Meridian Mngmt. ValuEngine downgraded shares of Bank of America from a "buy" rating to a "hold" rating in a research report on Tuesday, January 16th. Therefore 66% are positive.
Bank of America Corporation (NYSE:BAC) last issued its quarterly earnings data on Tuesday, July 18th. (NASDAQ:AAPL) has "Outperform" rating given on Wednesday, February 1 by RBC Capital Markets. The company was initiated on Friday, December 11 by BMO Capital Markets. The stock has "Equal-Weight" rating by Barclays Capital on Thursday, October 6. Societe Generale downgraded the stock to "Hold" rating in Tuesday, September 13 report. RBC Capital Markets maintained Bank of America Corporation (NYSE:BAC) on Wednesday, August 30 with "Buy" rating. The company now has a consensus rating of "Buy" and an average target price of $29.87. The stock presently has an average rating of "Buy" and an average target price of $29.87. The firm has "Hold" rating by BMO Capital Markets given on Friday, October 13. The stock of Bank of America Corporation (NYSE:BAC) earned "Outperform" rating by CLSA on Friday, January 29.
Investors sentiment increased to 0.83 in 2017 Q3. Its down 0.14, from 0.98 in 2017Q2. It worsened, as 54 investors sold CNC shares while 174 reduced holdings. 114 funds opened positions while 708 raised stakes. Evanson Asset Limited Liability Co has invested 0.06% of its portfolio in Bank of America Corporation (NYSE:BAC). 9,700 are held by Arcadia Invest Management Corporation Mi. 140,300 were accumulated by Private Wealth Ltd Limited Liability Company. First Personal Serv reported 0.01% stake. 999,254 are held by Bogle Mgmt Ltd Partnership De. Mutual Of America Cap Management Ltd Company holds 200,727 shares. Pdts Ptnrs Ltd invested 0.29% in Microsoft Corporation (NASDAQ:MSFT). The Alabama-based Buckingham Cap Management has invested 0.41% in Verizon Communications Inc. (NASDAQ:AAPL) for 6,692 shares. Sir Capital Mgmt Limited Partnership holds 1.39% or 1.26 million shares. Smith Salley And Assoc stated it has 3,095 shares. E&G Advisors LP now owns 77,370 shares of the financial services provider's stock worth $1,825,000 after buying an additional 11,435 shares in the last quarter.
Since August 10, 2017, it had 0 insider purchases, and 1 sale for $2.10 million activity. 4,320 shares valued at $527,040 were sold by Courduroux Pierre on Thursday, October 19. Bluecrest Capital Mgmt invested in 44,335 shares or 0.02% of the stock.
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