The institutional investor held 210,721 shares of the major banks company at the end of 2017Q3, valued at $5.34M, down from 280,721 at the end of the previous reported quarter. The stock has a market cap of $325,330.00, a price-to-earnings ratio of 18.13, a price-to-earnings-growth ratio of 1.71 and a beta of 1.32. Sheets Smith Wealth Management now owns 65,097 shares of the financial services provider's stock worth $1,922,000 after purchasing an additional 14,225 shares in the last quarter. About 329,207 shares traded. Sandler O'Neill maintained Bank of America Corporation (NYSE:BAC) on Tuesday, January 9 with "Buy" rating. It has outperformed by 15.73% the S&P500.
Three Corner Global Investors Lp increased its stake in Bank Amer Corp (BAC) by 133.13% based on its latest 2017Q3 regulatory filing with the SEC. The company has market cap of $10.41 billion.
Redwood Investments Llc decreased Lci Industries stake by 7,687 shares to 73,287 valued at $8.49M in 2017Q3. About 66.37 million shares traded.
Capital Analysts LLC increased its holdings in shares of Bank of America Corp (NYSE:BAC) by 8.8% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. It has outperformed by 41.94% the S&P500.
Since January 1, 0001, it had 0 buys, and 1 sale for $2.10 million activity.
Investors sentiment decreased to 1.04 in 2017 Q3.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of BAC. 117 funds opened positions while 547 raised stakes. Raab & Moskowitz Asset Mngmt Lc reported 54,268 shares. Gabelli downgraded the shares of KMG in report on Wednesday, December 14 to "Hold" rating. 158,425 were accumulated by Coldstream Cap Mgmt. After a recent check, it is observed that the insiders for the firm now own 0.08% shares. The firm has "Buy" rating by RBC Capital Markets given on Tuesday, September 19. Newman Dignan & Sheerar stated it has 0.09% of its portfolio in Bank of America Corporation (NYSE:BAC). A D Beadell Invest Counsel accumulated 63,075 shares. Sumitomo Mitsui Asset Mgmt Co Limited owns 761,277 shares or 0.3% of their USA portfolio. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.54%. Doheny Asset Management Ca has invested 1.19% in Bank of America Corporation (NYSE:BAC). Intact Investment Management has invested 0.04% in Bank of America Corporation (NYSE:BAC). BMO Capital Markets reiterated a "hold" rating and issued a $31.00 price target on shares of Bank of America in a research report on Monday, January 8th. Therefore 79% are positive. Finally, Societe Generale lowered shares of Bank of America from a "buy" rating to a "hold" rating in a research report on Tuesday. Jefferies maintained it with "Buy" rating and $18 target in Wednesday, October 7 report. Deutsche Bank reiterated a "hold" rating and issued a $25.00 price target (up from $23.00) on shares of Bank of America in a research report on Tuesday, September 26th. Keefe Bruyette & Woods downgraded the stock to "Market Perform" rating in Monday, May 16 report. As per Friday, October 13, the company rating was maintained by BMO Capital Markets. As per Monday, November 27, the company rating was maintained by JMP Securities. On Thursday, August 10 the stock rating was maintained by Wells Fargo with "Outperform". As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. The rating was maintained by UBS on Monday, October 16 with "Neutral".
Since August 1, 2017, it had 0 insider purchases, and 4 sales for $7.60 million activity. Carl Domino Inc bought 45,119 shares as the company's stock declined 6.00% while stock markets rallied.
Investors sentiment decreased to 0.95 in 2017 Q3. Its up 0.48, from 2.13 in 2017Q2. 4,083 are owned by Barclays Public Limited Liability. Nn Inc now has $772.06M valuation. 31,281 are held by Globeflex Cap Lp. 10,830 were reported by Evanson Asset Mgmt Llc. Greylin Inv Mangement Incorporated reported 407,045 shares stake. American Grp Inc holds 353,105 shares. Vanguard Gp holds 0% of its portfolio in KMG Chemicals, Inc. Finally, First Command Financial Services Inc. boosted its position in shares of Bank of America by 10.0% in the 4th quarter. Patten Gru Inc holds 15,508 shares or 0% of its portfolio. Ing Groep Nv holds 16,087 shares. Northern Corporation invested in 0.01% or 1.27M shares. Regions has invested 0.02% of its portfolio in TripAdvisor, Inc. (NYSE:MET) for 5,280 shares. Verition Fund Mngmt invested in 0.07% or 32,282 shares. McQueen Ball & Associates Inc. now owns 29,131 shares of the financial services provider's stock valued at $707,000 after acquiring an additional 750 shares during the period. Menta Capital Ltd Limited Liability Company stated it has 12,300 shares. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. Therefore 78% are positive. BAC was included in 103 notes of analysts from July 21, 2015. On Friday, June 10 the stock rating was initiated by B. Riley & Co with "Buy". As per Tuesday, October 31, the company rating was maintained by Robert W. Baird. As per Tuesday, August 25, the company rating was upgraded by Macquarie Research. The rating was maintained by Rosenblatt on Wednesday, December 13 with "Buy". The stock of Carbonite, Inc. The stock has "Buy" rating by Vetr on Tuesday, August 11. The stock has "Buy" rating by SunTrust on Thursday, September 28. The firm earned "Outperform" rating on Wednesday, December 13 by Oppenheimer. Jefferies has "Buy" rating and $18 target. Westend Limited Liability Com owns 2.02M shares or 4.49% of their United States portfolio. It also increased its holding in Digital Realty Trust Inc (NYSE:DLR) by 6,949 shares in the quarter, for a total of 118,049 shares, and has risen its stake in Kroger Co (NYSE:KR).
Analysts await NN, Inc. (NYSE:CTLT) to report earnings on February, 5. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. BAC's profit will be $4.80B for 16.95 P/E if the $0.46 EPS becomes a reality. The company's quarterly revenue was up 2.1% compared to the same quarter last year. sell-side analysts predict that Bank of America Corp will post 1.79 earnings per share for the current year.