BAC's profit would be $4.90B giving it 15.45 P/E if the $0.47 EPS is correct. After $0.48 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -2.08% negative EPS growth. The stock increased 3.97% or $1.76 during the last trading session, reaching $46.09. About 129.86 million shares traded or 92.13% up from the average.
Shares of Bank of America Corp (BAC) opened at $29.04 on Friday. It has outperformed by 41.94% the S&P500.
1832 Asset Management Lp decreased Bluebird Bio Inc (BLUE) stake by 2.73% reported in 2017Q2 SEC filing. The Burt Wealth Advisors holds 107 shares with $4.45M value, down from 4,401 last quarter.
Among 5 analysts covering Dorel Industries Inc. The stock increased 2.99% or $0.72 during the last trading session, reaching $24.82. Cerner Corporation (NASDAQ:CERN) has risen 19.54% since December 16, 2016 and is uptrending. Two analysts have rated the stock with a sell rating, nine have given a hold rating, twenty-four have given a buy rating and three have assigned a strong buy rating to the company's stock. Therefore 68% are positive. Bank of America Corp has a 12-month low of $21.77 and a 12-month high of $29.50. The stock of Bank of America Corporation (NYSE:BAC) earned "Buy" rating by Vetr on Tuesday, August 11. Royal Bank of Canada reiterated a "buy" rating and set a $30.00 target price on shares of Bank of America in a research note on Friday, December 8th. The company was maintained on Tuesday, October 31 by Robert W. Baird. The stock has "Neutral" rating by Citigroup on Monday, October 9. The rating was maintained by Deutsche Bank on Tuesday, August 25 with "Buy". Macquarie Research upgraded the stock to "Underperform" rating in Tuesday, August 25 report. The rating was maintained by Jefferies on Monday, October 10 with "Buy". The stock of QVC Group (NASDAQ:QVCA) has "Buy" rating given on Friday, November 10 by UBS. Columbia L L C Inv Management has invested 0.05% of its portfolio in Bank of America Corporation (NYSE:BAC). Cibc World Markets Corp now owns 1,406,278 shares of the financial services provider's stock valued at $34,116,000 after acquiring an additional 173,313 shares during the last quarter. Apg Asset Management Nv who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $302.91 billion market cap company. It operates through four divisions: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. The Consumer Banking segment offers traditional and money market savings accounts, CDs and IRAs, noninterest- and interest-bearing checking accounts, and investment accounts and products, as well as credit and debit cards, residential mortgages and home equity loans, and direct and indirect loans.
Since August 10, 2017, it had 0 buys, and 1 sale for $2.10 million activity. The institutional investor held 133,800 shares of the major banks company at the end of 2017Q2, valued at $3.25 million, up from 40,000 at the end of the previous reported quarter.
Investors sentiment decreased to 1.04 in 2017 Q2. Mraz Amerine & Associates Inc. lifted its holdings in Bank of America by 0.8% in the 1st quarter.
Several institutional investors and hedge funds have recently made changes to their positions in BAC. Lbmc Investment Advisors LLC now owns 16,851 shares of the financial services provider's stock valued at $409,000 after purchasing an additional 51 shares in the last quarter. 242,532 were accumulated by Davenport Communications Lc. Convergence Prns Ltd Limited Liability Company invested in 282,882 shares or 1% of the stock. 27,309 were reported by Wealth Architects Ltd Liability Corp. Keefe, Bruyette & Woods restated a "buy" rating and issued a $27.00 target price on shares of Bank of America Corporation in a research note on Wednesday, June 7th. The Switzerland-based Zurcher Kantonalbank (Zurich Cantonalbank) has invested 0.72% in Bank of America Corporation (NYSE:BAC). B T Dba Alpha holds 95,058 shares. Jane Street Grp Llc holds 0.17% or 2.04 million shares. 577,958 were reported by Buckingham Capital. Welch Group Incorporated Ltd Liability Co accumulated 0.25% or 61,997 shares. Burt Wealth Advisors sold 4,294 shares as Bank Of America Corp (BAC)'s stock declined 6.00%.
Apg Asset Management Nv increased its stake in Bank Amer Corp (BAC) by 14.77% based on its latest 2017Q2 regulatory filing with the SEC. Panagora Asset Mngmt Inc owns 13.07 million shares for 1.28% of their portfolio. Raytheon Co (NYSE:RTN) was reduced too. Its down 0.06, from 0.93 in 2017Q1. Fsi invested in 3.1% or 237,000 shares. 74 funds opened positions while 170 raised stakes. Novare Capital Management Llc reported 89,771 shares. Bnp Paribas Arbitrage Sa owns 96,401 shares. Glg Ltd Liability Com reported 688,942 shares or 1.03% of all its holdings. Gam Hldgs Ag invested 0.05% of its portfolio in bluebird bio, Inc. Smithfield Tru has invested 0.01% in Foot Locker, Inc. (:BLUE) or 7,535 shares. The Massachusetts-based Fiduciary Tru has invested 0.01% in Foot Locker, Inc. Stockholders of record on Friday, December 1st will be given a dividend of $0.12 per share. Asset invested in 0.75% or 890,898 shares.
(TSE:DII.B), 0 have Buy rating, 0 Sell and 5 Hold. Therefore 36% are positive. Bank of America now has an average rating of "Buy" and a consensus target price of $26.55. The company presently has an average rating of "Buy" and a consensus price target of $22.80. The company was downgraded on Tuesday, September 13 by Societe Generale. The firm has a market cap of $299,775.75, a PE ratio of 16.42, a PEG ratio of 1.99 and a beta of 1.31. Jefferies initiated bluebird bio, Inc. The rating was maintained by Espirito Santo Execution on Monday, July 27 with "Neutral". The firm earned "Equal-Weight" rating on Monday, August 7 by Morgan Stanley. The rating was maintained by Barclays Capital on Monday, December 11 with "Underweight". The rating was upgraded by Atlantic Securities to "Overweight" on Wednesday, December 21.
Among 30 analysts covering Foot Locker Inc. (:BLUE) to report earnings on February, 28. They expect $0.47 earnings per share, up 17.50% or $0.07 from last year's $0.4 per share.
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