Bank of America (BAC) Holdings Trimmed by Pettyjohn Wood & White Inc

Понедельник, 16 Апр, 2018

Thompson Davis & Co who had been investing in Bank Amer Corp for a number of months, seems to be less bullish one the $304.68B market cap company.

Shares of BAC traded down $0.85 during midday trading on Thursday, reaching $29.80. Ferris Capital LLC now owns 29,162 shares of the financial services provider's stock worth $861,000 after purchasing an additional 13,387 shares during the period. It has outperformed by 16.63% the S&P500. The decrease is 13.79% according to 2017Q4 Securities and Exchange form. Armstrong Henry H Associates Inc who had been investing in Microsoft for a number of months, seems to be less bullish one the $716.70 billion market cap company. The stock increased 1.44% or $1.45 during the last trading session, reaching $102.44. About 19.71 million shares traded. Netflix, Inc. (NASDAQ:NFLX) has risen 108.73% since April 15, 2017 and is uptrending. It has underperformed by 65.90% the S&P500.

Caxton Associates Lp, which manages about $10.75B and $2.03B US Long portfolio, upped its stake in Mohawk Inds Inc (NYSE:MHK) by 20,500 shares to 40,000 shares, valued at $11.04 million in 2017Q4, according to the filing.

Holowesko Partners Ltd increased Exxon Mobil Corp (NYSE:XOM) stake by 128,900 shares to 1.58M valued at $132.34M in 2017Q4.

Among 37 analysts covering Wal-Mart Stores Inc (NYSE:WMT), 16 have Buy rating, 0 Sell and 21 Hold. Therefore 68% are positive. In Monday, October 16 report Nomura maintained the stock with "Buy" rating. "Buy" rating has 11, "Sell" are 0, while 4 are "Hold". The firm earned "Buy" rating on Tuesday, January 9 by Sandler O'Neill. The rating was maintained by Canaccord Genuity with "Buy" on Friday, August 18. The company was maintained on Friday, February 2 by Morgan Stanley. The rating was maintained by Wells Fargo on Thursday, August 10 with "Outperform". The stock has "Mkt Perform" rating by Bernstein on Tuesday, August 25. RBC Capital Markets maintained the stock with "Buy" rating in Tuesday, July 18 report. CLSA maintained the stock with "Outperform" rating in Friday, September 23 report. The rating was downgraded by Deutsche Bank on Friday, May 12 to "Sell". BMO Capital Markets boosted their price objective on shares of Bank of America to $34.00 and gave the stock an "average" rating in a report on Thursday, January 18th. They expect $0.12 earnings per share, down 42.86% or $0.09 from last year's $0.21 per share. BAC's profit will be $6.03B for 12.63 P/E if the $0.59 EPS becomes a reality. After $0.27 actual earnings per share reported by General Electric Company for the previous quarter, Wall Street now forecasts -55.56% negative EPS growth. Its up 0.15, from 1.04 in 2017Q3. Shareholders of record on Friday, March 2nd were paid a $0.12 dividend. 151 funds opened positions while 383 raised stakes. Balyasny Asset Limited Liability has 0.38% invested in Microsoft Corporation (NASDAQ:MSFT). Spc Inc holds 0.1% or 14,388 shares in its portfolio. It's down from 3.80M at the end of the previous reported quarter. 634,362 were reported by Bokf Na. Funds hold 6.85 billion shares thus 0.98% less from 2017Q3's 6.91 billion shares. During the same quarter in the previous year, the firm earned $0.40 EPS. sell-side analysts expect that Bank of America will post 2.5 EPS for the current fiscal year. Element Mngmt Ltd Com owns 783,502 shares for 0.57% of their portfolio. Brinker reported 47,232 shs or 0.05% of all its holdings. The company has a quick ratio of 0.90, a current ratio of 0.91 and a debt-to-equity ratio of 0.93. Ghost Tree Capital Llc, a New York-based fund reported 230,000 shares. Harris Assoc L P, a Illinois-based fund reported 75.63 million shares. Legal & General Group Plc now owns 51,176,903 shares of the financial services provider's stock worth $1,296,863,000 after buying an additional 379,854 shares in the last quarter. Sterling Strategies Limited Com reported 1.93% stake.

Since January 26, 2018, it had 1 buy, and 0 sales for $43,446 activity.

Investors sentiment decreased to 0.99 in Q4 2017. It has change of 0.15, from 2017Q3's 1.04. It improved, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. (NASDAQ:NFLX). Fifth Third Savings Bank reported 5,270 shares stake. Altavista Wealth Mgmt accumulated 45,624 shares.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide. Stone Ridge Asset Limited Liability Company holds 252,944 shares. 11,231 are owned by Atlas Browninc. Captrust Financial Advsrs holds 342,890 shares or 0.61% of its portfolio. Institutional investors own 69.84% of the company's stock. Willingdon Wealth Mgmt has 22,620 shares for 0.85% of their portfolio. Argent has 158,552 shares. Price Mgmt Inc holds 0.03% or 3,200 shs. First Interstate Natl Bank invested in 32 shares. Cumberland Partners Ltd holds 2.05% in Bank of America Corporation (NYSE:BAC) or 526,475 shares.

Bank of America Corporation, through its subsidiaries, provides banking and financial products and services for individual consumers, small- and middle-market businesses, institutional investors, large corporations, and governments worldwide.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 57% are positive. On Wednesday, January 17 the company was maintained by BMO Capital Markets. Societe Generale lowered shares of Bank of America from a "buy" rating to a "hold" rating in a report on Tuesday, January 9th. (NASDAQ:ESPR) earned "Neutral" rating by Citigroup on Monday, November 14. (NYSE:DLR) on Friday, February 16 with "Buy" rating. On Tuesday, April 4 the stock rating was downgraded by Citigroup to "Neutral". The firm earned "Buy" rating on Friday, September 30 by Guggenheim. The firm has "Buy" rating given on Wednesday, June 14 by RBC Capital Markets.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.