Most Active Stock: Bank of America Corporation (BAC)

Friday, 08 Dec, 2017

Ltd. now owns 5,780 shares of the financial services provider's stock worth $140,000 after buying an additional 1,850 shares during the last quarter. The company has market cap of $301.76 billion.

The stock has Return on Assets (ROA) of 0.8 percent. Caldwell & Orkin Inc.'s holdings in Bank of America were worth $1,807,000 as of its most recent SEC filing. Guess', Inc. (GES) has declined 38.50% since December 7, 2016 and is downtrending. It has underperformed by 30.71% the S&P500.

Cambridge Financial Group Inc increased Bank Of America Corp (BAC) stake by 2.5% reported in 2017Q2 SEC filing.

Canada Pension Plan Investment Board increased On Semiconductor Corp Com (ONNN) stake by 260,900 shares to 523,100 valued at $7.34M in 2017Q2. Capstone Investment Advisors Llc who had been investing in Bank Amer Corp (Call) for a number of months, seems to be less bullish one the $298.73 billion market cap company. Currently, the stock has a 1 Year Price Target of $28.45. About 45.57 million shares traded.

Shares of Bank of America Corp (NYSE BAC) traded down $0.07 during trading hours on Friday, reaching $28.10. It has outperformed by 41.94% the S&P500.

A number of other hedge funds also recently bought and sold shares of BAC.

In recent action, Bank of America Corporation (BAC) has made a move of +4.25% over the past month, which has come on Strong relative transaction volume. Alyeska Invest Grp Incorporated LP reported 1.00M shares. California-based Tarbox Family Office has invested 0.06% in Bank of America Corporation (NYSE:BAC). The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. Knightsbridge Asset Mngmt Limited Liability invested in 5.91% or 319,666 shares. Tower Bridge Advisors acquired 89 shares as Bank Of America Corp (BAC)'s stock declined 6.00%. It dived, as 90 investors sold VZ shares while 700 reduced holdings. Cambridge Inv Research Advsr reported 10,126 shares. Bank of America Corporation (BAC) has an operating margin of 72.80%. Advisors Mngmt Limited Liability Company holds 516,289 shares or 1.02% of its portfolio. Mitsubishi Ufj And Banking reported 0.98% in Bank of America Corporation (NYSE:BAC). Teacher Retirement Sys Of Texas reported 1.12% of its portfolio in Bank of America Corporation (NYSE:BAC). More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Thestreet.com and their article: "Bull Market Heading for Major Correction in 2018, Bank of America Says" published on December 06, 2017 as well as Nasdaq.com's news article titled: "Bank of America Reaches Analyst Target Price" with publication date: November 30, 2017. Therefore 68% are positive. Royal Bank of Canada reaffirmed a "buy" rating and issued a $26.00 price target on shares of Bank of America Corp in a research note on Tuesday, April 4th. Wells Fargo & Company initiated coverage on Bank of America in a research note on Wednesday, August 9th. The stock has "Buy" rating by Robert W. Baird on Tuesday, September 1. The firm has "Hold" rating given on Tuesday, October 31 by Robert W. Baird. The rating was maintained by Wood on Friday, April 7 with "Outperform". (NYSE:JAG) has "Hold" rating given on Thursday, March 23 by BMO Capital Markets. The firm has "Outperform" rating given on Thursday, May 11 by Wells Fargo. D E Shaw Inc invested 0.17% in Bank of America Corporation (NYSE:BAC). On Tuesday, July 18 the stock rating was maintained by Oppenheimer with "Buy". The institutional investor held 3.49M shares of the major banks company at the end of 2017Q2, valued at $84.55 million, down from 12.25 million at the end of the previous reported quarter.

ILLEGAL ACTIVITY NOTICE: "Bank of America Corp (NYSE:BAC) Position Trimmed by Caldwell & Orkin Inc." was posted by TrueBlueTribune and is the sole property of of TrueBlueTribune. During the same period previous year, the firm earned $0.41 EPS. BR's profit will be $67.60M for 38.21 P/E if the $0.58 EPS becomes a reality. The company's quarterly EPS surprised Wall Street by as much as 7% to the upside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.

Among 11 analysts covering Jagged Peak Energy (NYSE:JAG), 10 have Buy rating, 0 Sell and 1 Hold. Therefore 14% are positive. J P Morgan Chase & Co increased their price objective on Bank of America from $27.50 to $28.50 and gave the company an "overweight" rating in a report on Wednesday, November 1st. The company was upgraded on Wednesday, August 26 by UBS. The company was maintained on Thursday, August 25 by Telsey Advisory. The firm has "Sell" rating by Zacks given on Friday, August 14.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. RBC Capital Markets maintained EOG Resources, Inc. The stock of Verizon Communications Inc. The company was maintained on Wednesday, August 10 by Barclays Capital. (NYSE:SPR) on Thursday, September 7 with "Buy" rating. Willingdon Wealth Management holds 0.17% in Bank of America Corporation (NYSE:BAC) or 17,310 shares.

Investors sentiment decreased to 0.88 in Q2 2017. This represents a $0.48 dividend on an annualized basis and a yield of 1.66%. 36 funds opened positions while 102 raised stakes. Greystone Managed Incorporated reported 76,217 shares. Natixis stated it has 251,700 shares. Bokf Na accumulated 63,172 shares. United Kingdom-based Old Mutual Glob (Uk) Ltd has invested 0.48% in Big Lots, Inc. (NYSE:SPR). Maverick Capital has 0.05% invested in Spirit AeroSystems Holdings, Inc. (NYSE:BR) for 3,769 shares. Ngam Advsrs LP accumulated 1.19M shares. It also upped Unilever Plc (NYSE:UL) stake by 91,426 shares and now owns 103,399 shares. Principal Finance Group accumulated 19.23 million shares. Rnc Capital Llc holds 0.46% or 243,904 shares. Summit Fin Wealth Advisors Ltd invested in 18,910 shares. (NYSE:BIG). Axa stated it has 125,500 shares or 0.03% of all its holdings.

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