Economy

Bank of America Corporation (NYSE:BAC) Shares Bought by WINTON GROUP Ltd

Armbruster Capital Management Inc. lifted its holdings in shares of Bank of America Corporation by 10.8% during the first quarter. Grisanti Capital Management LLC acquired a new stake in shares of Bank of America Corporation during the first quarter worth about $153,000. Lowes Cos Inc now has $64.62B valuation.

Regions Financial Corporation (NYSE:RF) traded at an unexpectedly low level on 09/14/2017 when the stock experienced a -0.36% loss to a closing price of $13.69. Bank of America Corporation (BAC) average trading volume of 67,054,570 during the past month is 23.67% below its average volume over the past year, indicating that investors have been less active than usual in the stock in recent times. Lowe's Companies, Inc. (NYSE:LOW) has risen 5.92% since September 15, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Peapack Gladstone Financial Corp increased Bank Of America Corp (BAC) stake by 9.07% reported in 2016Q4 SEC filing. Stillwater Investment Management LLC raised its position in Bank of America Corporation by 0.3% in the second quarter. (BAC)'s stock declined 6.00%. The company's revenue was up 7.1% on a year-over-year basis.

Bank of America Corporation is a bank holding company and a financial holding company. The stock declined 0.14% or $0.03 reaching $24.2 per share. Given that its average daily volume over the 30 days has been 14.44 million shares a day, this signifies a pretty significant change over the norm. This is a boost from Bank of America Corporation's previous quarterly dividend of $0.08. It has outperformed by 41.94% the S&P500.

Investors sentiment decreased to 1.12 in 2016 Q4. Its up 0.09, from 1.01 in 2016Q3.

Want to see what other hedge funds are holding BAC? 207 funds opened positions while 479 raised stakes.

A number of research analysts recently issued reports on BAC shares. Allsquare Wealth Mngmt Limited Liability has 20,600 shares. Evercore Wealth Mgmt Ltd Liability Co holds 0.03% in Bank of America Corp (NYSE:BAC) or 37,513 shares.

Bank of America Corporation (NYSE BAC) traded up 0.186% during trading on Friday, reaching $24.285. Bangor Bank holds 0.08% or 15,597 shares in its portfolio. Pioneer Management Inc reported 0.16% stake. Bank of America Corporation (NYSE:BAC) has been trading in a bullish manner, based on the relative positions of the stock's 20 and 200 day moving averages. The company saw 13.71 million shares trade hands over the course of the day. Jolley Asset Management Ltd Com owns 260,084 shares. Intll Gru Incorporated stated it has 3.48M shares or 0.3% of all its holdings. Bank of America Corporation has a one year low of $14.81 and a one year high of $25.80. Engineers Gate Manager Ltd Partnership accumulated 250,082 shares. Finally, BidaskClub upgraded shares of Bank of America Corporation from a "hold" rating to a "buy" rating in a research report on Friday, July 7th. Therefore 66% are positive. Bank of America had 79 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Outperform" rating on Friday, January 29 by Credit Agricole. Guggenheim initiated Columbia Sportswear Company (NASDAQ:COLM) on Friday, September 30 with "Buy" rating. Jefferies maintained it with "Buy" rating and $18 target in Wednesday, October 7 report. The firm earned "Outperform" rating on Wednesday, November 2 by Wedbush. On Friday, April 7 the stock rating was maintained by Wood with "Outperform".

Bank of America Corporation (NYSE:BAC) last issued its quarterly earnings data on Tuesday, July 18th. South Dakota Invest Council reported 1.28% stake. 4,788 are held by Tarbox Grp Inc Inc. (NYSE:LOW) for 48,186 shares. Regal Invest Ltd invested in 0.93% or 47,193 shares. Following the completion of the transaction, the director now owns 50,000 shares of the company's stock, valued at approximately $1,208,000. Lee Danner And Bass owns 27,824 shares. Kynikos Associate LP invested in 0.87% or 51,226 shares. Commonwealth Bancorporation Of reported 1.61M shares. Cap Advsr Limited Lc owns 66 shares. Ingalls And Snyder Limited Liability Corporation invested in 11,133 shares or 0.04% of the stock. Jpmorgan Chase And holds 17.93M shares. Tygh Capital Management Inc., a Oregon-based fund reported 53,092 shares. Honeywell Intl accumulated 635,800 shares. 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. Armbruster Capital Management Inc. now owns 4,323 shares of the financial services provider's stock worth $102,000 after purchasing an additional 423 shares during the period. Kestrel Investment Management Corp owns 426,425 shares or 3.77% of their United States portfolio. Choice Hotels Intl Inc (NYSE:CHH) was raised too. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, twenty-three have given a buy rating and two have given a strong buy rating to the company. The rating was maintained by Argus Research on Thursday, November 19 with "Buy". On Monday, August 22 the stock rating was maintained by BMO Capital Markets with "Outperform". Stifel Nicolaus maintained the shares of LOW in report on Thursday, July 20 with "Buy" rating. The firm has "Neutral" rating given on Monday, December 19 by Citigroup. The ex-dividend date is Wednesday, August 30th. BMO Capital Markets has "Hold" rating and $2400 target. (NYSE:LOW) rating on Thursday, August 24.

Analysts await Lowe's Companies, Inc. They expect $1.02 earnings per share, up 15.91% or $0.14 from last year's $0.88 per share. LOW's profit will be $843.09 million for 19.16 P/E if the $1.02 EPS becomes a reality. The financial services provider reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.03.



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