A number of other institutional investors have also made changes to their positions in BAC.
Grassi Investment Management increased its stake in Bank Of America (BAC) by 3.39% based on its latest 2017Q4 regulatory filing with the SEC. Stillwater Investment Management Llc acquired 54,057 shares as Bank Of America Corp (BAC)'s stock declined 1.20%.
Wells Fargo said it made $5.9 billion in profit, or $1.12 a share, up about 6 percent from $5.6 billion in the same quarter previous year. Js Capital Management Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $304.68 billion market cap company. The stock increased 0.78% or $2.4 during the last trading session, reaching $311.65. BAC has 99.25M volume or 29.22% up from normal.
Disclaimer Bank of America Corporation published this content on 16 April 2018 and is exclusively responsible for the information contained herein. BAC outperformed by 16.63% the S&P 500. Keefe Bruyette & Woods maintained Bank of America Corporation (NYSE:BAC) on Tuesday, October 3 with "Buy" rating. Therefore 77% are positive. Bank of America had 109 analyst reports since July 21, 2015 according to SRatingsIntel.
Among 56 analysts covering Netflix (NASDAQ:NFLX), 38 have Buy rating, 2 Sell and 16 Hold.
On 3/8/2018 Murray Ross Orr, Director, bought 12,000 with an average share price of $0.03 per share and the total transaction amounting to $360.00. Berenberg initiated the stock with "Buy" rating in Wednesday, July 13 report. Vetr cut shares of Bank of America from a "strong-buy" rating to a "buy" rating and set a $33.89 target price for the company.in a report on Wednesday, January 10th. UBS upgraded Bank of America Corporation (NYSE:BAC) on Wednesday, August 26 to "Neutral" rating. As per Tuesday, December 12, the company rating was maintained by Keefe Bruyette & Woods. On Tuesday, October 31 the rating was maintained by Robert W. Baird with "Hold". The company was downgraded on Tuesday, November 8 by Deutsche Bank. Stifel Nicolaus maintained the stock with "Buy" rating in Friday, January 27 report.
Investors sentiment increased to 1.19 in 2017 Q4.
On 1/31/2018 announced a Quarterly dividend of $0.12 1.6% with an ex dividend date of 3/1/2018 which will be payable on 3/2/2018. It turned negative, as 39 investors sold MSFT shares while 1012 reduced holdings. 162 funds opened positions while 585 raised stakes. Aldebaran stated it has 14,387 shs or 0.28% of all its holdings. Fifth Third National Bank & Trust has invested 0.95% in Bank of America Corporation (NYSE:BAC).
Cetera Investment Advisers increased its holdings in Bank of America (NYSE:BAC) by 6.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. After $1.92 actual earnings per share reported by Thor Industries, Inc. for the previous quarter, Wall Street now forecasts 42.19% EPS growth.
Holt Capital Advsr Limited Liability Dba Holt Capital Ptnrs Limited Partnership holds 424,085 shs. Element Mngmt Ltd Com owns 783,502 shares for 0.57% of their portfolio. Orrstown Financial Inc stated it has 0.06% in Bank of America Corporation (NYSE:BAC). BMO Capital Markets raised their target price on Bank of America to $34.00 and gave the company an "average" rating in a research note on Thursday, January 18th. James Invest Rech has invested 0.06% in Bank of America Corporation (NYSE:BAC). Amica Retiree Med holds 0.79% or 35,270 shs in its capital. Banque Pictet & Cie holds 0.53% or 892,240 shares. The financial services provider reported $0.62 earnings per share for the quarter, topping analysts' consensus estimates of $0.59 by $0.03.
Bank of America (NYSE:BAC) last posted its earnings results on Wednesday, January 17th. Marshall Wace Limited Liability Partnership has 0.03% invested in Netflix, Inc. The stock decreased 0.89% or $0.97 during the last trading session, reaching $107.55. It has underperformed by 51.98% the S&P500. Perkins Cap Mgmt Inc holds 28,800 shs. Provise Gru Ltd Liability Corp accumulated 93,112 shares. Mitsubishi Ufj Tru And Banking invested in 0.42% or 1.26 million shares. The Pennsylvania-based Penn Capital Management Co Inc has invested 0.23% in the stock. Sound Shore Management Ct reported 10.04M shares. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,400 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 36 million active users, including approximately 25 million mobile users.