Economy

Bank of America Corporation (BAC) - UBS Maintains Rating And Raises Price Target

Bank of America Corporation (BAC) - UBS Maintains Rating And Raises Price Target”

Cadence Capital Management Llc increased Bank Amer Corp (BAC) stake by 13.63% reported in 2017Q2 SEC filing.

Based on current stock levels, Bank of America Corporation shares are trading 0.08% off of the 50-day high and 15.82% away from the 50-day low. Maximus Inc. now has $4.24B valuation. The stock decreased 1.58% or $0.38 on October 16, reaching $23.61.

About 20.72 million shares traded. Bank of America Corp (NYSE:BAC) has risen 58.64% since October 17, 2016 and is uptrending. It has underperformed by 42.40% the S&P500.

Rex American Resources Corporation, launched on February 13, 1984, is a holding company.

Currently, Bank of America Corporation holds a stock price of $26.36 and exhibits a change in price of 0.48%. The Pitcairn Company holds 139,467 shares with $3.38M value, up from 119,649 last quarter.

Bank of America Corporation announced that its Board of Directors has authorized a share repurchase plan on Wednesday, June 28th that authorizes the company to buyback $12.00 billion in shares. Moreover, Systematic Financial Management Lp has 0.21% invested in the company for 116,769 shares. About 103,430 shares traded.

Bank of America Corporation (NYSE BAC) opened at 26.24 on Monday. It has outperformed by 68.88% the S&P500. Narrowing in a bit closer, the 5 month price index is 0.88944, the 3 month is 0.93806, and the 1 month is now 1.02266. It is negative, as 79 investors sold BAC shares while 543 reduced holdings. Waldron LP raised its position in Bank of America Corporation by 112.2% in the first quarter. The company has market cap of $596.79 million. Inspirion Wealth Ltd has 0.31% invested in Bank of America Corp (NYSE:BAC). Riggs Asset Managment invested in 3.71% or 341,287 shares.

There has been some selling insider activity on REX American Resources Corporat (NYSE:REX) recently. Sheets Smith Wealth Mngmt reported 0.26% stake. Smith & Howard Wealth Management Limited Co owns 11,281 shares for 0.13% of their portfolio. Jolley Asset Limited Liability Corporation invested in 167,843 shares. Golub Group Inc Limited Liability has invested 2.34% of its portfolio in Bank of America Corp (NYSE:BAC). BAC's SI was 98.99M shares in October as released by FINRA. First Heartland Consultants reported 40,867 shares. Bradley Foster Sargent Ct holds 171,099 shares. Mitsubishi Ufj Tru & accumulated 20.93 million shares. (NYSE:GTS) for 27,871 shares. Out of 2 Wall Street analysts rating REX American Resources, 2 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold". Therefore 67% are positive. Bank of America Corporation has an annual performance rate of 64.00% *. The firm earned "Buy" rating on Tuesday, July 18 by Nomura. BMO Capital Markets maintained Bank of America Corp (NYSE:BAC) rating on Wednesday, May 31. As per Tuesday, April 4, the company rating was downgraded by Citigroup. UBS has "Neutral" rating and $27 target. The stock presently has a consensus rating of Buy and an average target price of $25.47.

Analysts await PTC Therapeutics, Inc. As of the latest earnings report the EPS was $4.37 and is estimated to be $4.53 for the current year with 6,566,000 shares now outstanding. MMS's profit will be $49.93M for 21.23 P/E if the $0.77 EPS becomes a reality. The financial services provider reported $0.48 EPS for the quarter, beating the consensus estimate of $0.46 by $0.02. The shares were sold at an average price of $24.16, for a total value of $2,096,194.08. Horizon Global Corp was raised too.

Investors sentiment increased to 0.91 in Q2 2017. Its the same as in 2017Q1. Advisory Net Ltd Liability Company has invested 0.01% of its portfolio in MAXIMUS, Inc. Martingale Asset LP has invested 0.02% of its portfolio in MAXIMUS, Inc. Qs Investors, LLC grew its stake by buying 1,400 shares an increase of 5.9% as of 06/30/2017. Eqis Management owns 76,934 shares. (NYSE:MMS) for 10,100 shares. Hallmark Cap stated it has 0.03% of its portfolio in Bank of America Corp (NYSE:BAC). Menta Capital Llc, a California-based fund reported 9,212 shares.#img1#. Creative Planning stated it has 2,500 shares. (NYSE:MMS). Comerica Natl Bank reported 81,848 shares. Swiss National Bank & Trust holds 0% of its portfolio in Triple-S Management Corp. (NYSE:MMS) for 1,170 shares. Credit Suisse has "Buy" rating and $2700 target.

In other Bank of America Corporation news, Director Frank P. Bramble sold 86,763 shares of Bank of America Corporation stock in a transaction dated Thursday, August 10th. The stock of MAXIMUS, Inc. The stock has "Market Perform" rating by Wood on Monday, May 16. (NASDAQ:PTCT) on Friday, November 11 to "Buy" rating. The firm has "Hold" rating by Macquarie Research given on Tuesday, September 1. The company was maintained on Tuesday, January 3 by Barclays Capital.



Like this

loading...
loading...

Latest


17 October 2017
Analyst Research and Ratings: Internap Corporation (INAP), Banco Santander (Brasil) SA (BSBR)
It indicates oversold and overbought price levels for a stock. 260550 shares were traded on Banco Santander Chile's last session. Cubist Systematic Strategies LLC increased its stake in Banco Santander Brasil SA by 143.8% during the second quarter.

17 October 2017
SsHivani Durga Eliminated, Hina Khan And Vikas Gupta Friends Again
Bigg Boss 11's nomination special episode will air tonight, and like every week, there will be an interesting twist to it. On Sunday's episode, Salman Khan had also reprimanded the four for failing to keep their identities secret.

17 October 2017
Ministers put kibosh on peace talks after Fatah-Hamas unity deal
The announcement included a list of conditions under which Israel will be willing to hold talks with the Palestinian leadership. Hamas is due to hand over Gaza's border crossings by November 1 ahead of a full transfer of power by December 1.

17 October 2017
Reese Witherspoon shares story of harassment: A director assaulted me at 16
Witherspoon revealed that she was also sexually assaulted at 16-years-old, and then silenced after the incident. The actress said she would "see this man on a daily basis for years to come".

17 October 2017
Malaysia commences land acquisition process for Kuala Lumpur-Singapore high speed rail
According to MyHSR's commercial director Tonny Yeap, the actual land acquisition is expected to start at the middle of 2018. The seven stations are located in Bandar Malaysia, Bangi-Putrajaya, Seremban, Melaka, Muar, Batu Pahat and Iskandar Puteri.

17 October 2017
Wind warning issued for Central Alberta
Our neighbouring province has already registered gusts over 80 km/h, with some areas bracing for gusts near 130 km/h on Tuesday. The strong winds will calm down overnight or early tomorrow as this weather system tracks into Manitoba.

17 October 2017
Possible shooter reported at Howard U, campus sweep underway
Howard University tweeted that they were anonymously notified of a potential shooter at the school. All students and staff should stay in place and shelter in place until further notification'.

17 October 2017
Warner: Aussies driven by hate in Ashes campaign
It's exciting - people want to see that. "I think that is missing a little bit from the game now". "Let a couple of penalties go". "I´d love to win an Ashes series - it´s something I haven´t been able to do yet".

17 October 2017
'Star Wars': 'Han Solo' Movie Title Revealed As Production Wraps
Again, that's not a big deal or a big surprise, but it's curious. "I'll see you next year", he concludes. The next Star Wars standalone film is officially titled Solo: A Star Wars Story .

17 October 2017
Schnitzer Steel Industries, Inc (NASDAQ:SCHN) Sees Significantly Lower Trading Volume
Sell-side analyst recommendations point to a short term price target of $6.69 on the shares of LendingClub Corporation (LC). The Firm operates through two divisions: the Auto and Metals Recycling business and the Steel Manufacturing Business (SMB).