Economy

Bank of America Corp (BAC) Holdings Reduced by Quotient Investors LLC

Bank of America Corp (BAC) Holdings Reduced by Quotient Investors LLC”

Finally, Robert W. Baird reiterated a "hold" rating and set a $24.00 target price on shares of Bank of America in a research report on Sunday, October 1st. About 44.83M shares traded.

Analysts expect Bank of America Corporation (NYSE:BAC) to report $0.46 EPS on January, 17 before the open.They anticipate $0.06 EPS change or 15.00% from last quarter's $0.4 EPS. It has outperformed by 41.94% the S&P500.

Brown Advisory Inc increased its stake in Us Bancorp Del (USB) by 4.21% based on its latest 2017Q3 regulatory filing with the SEC. The First Trust Bank Ltd holds 210,721 shares with $5.34M value, down from 280,721 last quarter. Allstate holds 0.01% or 8,843 shares. Hyster-Yale Materials Handling, Inc. The stock increased 0.13% or $0.4 during the last trading session, reaching $318.83. About 2.92 million shares traded. Surmodics, Inc. (NASDAQ:SRDX) has risen 6.57% since January 11, 2017 and is uptrending. It has outperformed by 4.52% the S&P500. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in worldwide markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. It also reduced its holding in Powershares Qqq Trust (Call) (QQQ) by 240,200 shares in the quarter, leaving it with 1,600 shares, and cut its stake in Unitedhealth Group Inc (NYSE:UNH). Valero Energy Corp New Com (NYSE:VLO) was reduced too. $13.84M worth of The Boeing Company (NYSE:BA) shares were sold by Muilenburg Dennis A.

In case of Revenue Estimates, 11 analysts have provided their consensus Average Revenue Estimates for Bank of America Corporation as 21.54 Billion. Therefore 66% are positive. And then on the other side of the spectrum one analyst entrenched in the bullish camp has a target as high as $38. The company now has an average rating of "Buy" and an average price target of $27.56. According to these analysts, the Low Revenue Estimate for Bank of America Corporation is 20.99 Billion and the High Revenue Estimate is 22.14 Billion. Bank of America Corporation earnings have risen with an annualized rate of 182.4% over the last 5 years. Royal Bank of Canada restated a "buy" rating and set a $30.00 price target on shares of Bank of America in a research report on Friday, December 8th. Credit Suisse initiated the stock with "Neutral" rating in Wednesday, October 12 report. The rating was maintained by Sandler O'Neill on Tuesday, January 9 with "Buy". The firm has "Overweight" rating by U.S. Capital Advisors given on Thursday, January 4. As per Tuesday, November 8, the company rating was maintained by RBC Capital Markets. The firm has "Outperform" rating given on Thursday, September 10 by Wells Fargo. The firm earned "Buy" rating on Wednesday, June 21 by Cowen & Co. Jefferies maintained Bank of America Corporation (NYSE:BAC) on Tuesday, June 6 with "Buy" rating.

Investors sentiment decreased to 1.04 in Q3 2017. Stockholders of record on Friday, December 1st were given a dividend of $0.12 per share. 165 funds opened positions while 367 raised stakes. Toscafund Asset Mgmt Llp holds 1.28 million shares. Nebraska-based Pittenger & Anderson has invested 0% in Bank of America Corporation (NYSE:BAC). The California-based Utd Cap Fin Advisers Llc has invested 0.12% in Bank of America Corporation (NYSE:BAC). Mount Vernon Md stated it has 88,304 shares.

The average 1-year price target for Bank of America Corporation (BAC) - averaging the work of different analysts - reveals a mean PT of $31.72/share. Mcf Advsrs Limited Liability Corporation accumulated 1,121 shares or 0.06% of the stock. TCI Wealth Advisors Inc. raised its stake in shares of Bank of America by 0.4% in the second quarter. Picton Mahoney Asset Mngmt has 1.37% invested in Bank of America Corporation (NYSE:BAC) for 717,900 shares. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in worldwide markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Evercore Wealth Mgmt Lc holds 0.03% in Bank of America Corporation (NYSE:BAC) or 32,574 shares. Motco holds 2,400 shares. Janney Montgomery Scott Lc reported 10,615 shares or 0% of all its holdings. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world.

Analysts await Incyte Corporation (NASDAQ:INCY) to report earnings on February, 13. AMAT's profit will be $1.02B for 14.14 P/E if the $0.97 EPS becomes a reality. The company reported the earnings of $0.48/Share in the last quarter where the estimated EPS by analysts was $0.45/share.

Since August 7, 2017, it had 0 buys, and 4 selling transactions for $208,525 activity. Therefore 0 are positive. The firm has "Hold" rating by Keefe Bruyette & Woods given on Friday, October 13. (NASDAQ:AMAT) on Friday, May 20 to "Buy" rating. The stock has "Outperform" rating by Oppenheimer on Saturday, September 5. The stock of Applied Materials, Inc. Stifel Nicolaus maintained the shares of AMAT in report on Monday, August 15 with "Buy" rating. As per Monday, March 14, the company rating was upgraded by Atlantic Securities.

Argentiere Capital Ag increased Nxp Semiconductors N V (NXPI) stake by 12.5% reported in 2017Q3 SEC filing. It also upped Ishares Iboxx Investment Grade (LQD) stake by 152 shares and now owns 4,763 shares.

Investors sentiment decreased to 0.94 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2. 42 funds opened positions while 119 raised stakes. Rockefeller Fincl Svcs Inc invested in 1.72 million shares. Wg Shaheen Dba Whitney reported 28,983 shares. Moreover, Invesco Ltd has 0% invested in Surmodics, Inc. Peak6 Invests Limited Partnership holds 16,141 shares. Brandywine Inv Mngmt Limited Liability Corporation holds 873,375 shares. Guardian LP reported 1,902 shares stake. It is positive, as 29 investors sold Markel Corporation shares while 109 reduced holdings. Prelude Capital Management Limited Liability Company has 103,023 shares.

Bank of America Corporation (NYSE:BAC) now has a Weekly Volatility of 1.32% percent while its Monthly Volatility is at 1.23% percent. Pacad Invest holds 0.11% or 35,900 shares in its portfolio. Bouchey Grp Inc Incorporated invested in 0.38% or 47,857 shares.



Like this

loading...
loading...

Latest


13 January 2018
Varian Medical Systems, Inc. (VAR) SVP John W. Kuo Sells 10353 Shares
The stock has a market capitalization of $10,230.00, a price-to-earnings ratio of 40.46, a P/E/G ratio of 3.26 and a beta of 0.68. Evercore ISI assumed coverage on shares of Varian Medical Systems (NYSE:VAR) in a report issued on Wednesday, Marketbeat reports.

13 January 2018
Highbridge Capital Management LLC Acquires Shares of 12692 Tower Semiconductor Ltd. (TSEM)
ValuEngine upgraded Tower Semiconductor from a "buy" rating to a "strong-buy" rating in a research note on Sunday, December 31st. Tower Semiconductor Ltd. ( TSEM ) formed double top with $38.08 target or 9.00% above today's $34.94 share price.

13 January 2018
Switzerland's Zermatt ski resort reopens after heavy snow and rain
It noted a "power breakdown all over Zermatt" and called on people to "stay at home" so as not to disrupt snow clearing crews. Switzerland's avalanche institute, SLF, lowered the avalanche risk from the highest level, five, to four early on Wednesday.

13 January 2018
Infosys (INFY) Set to Announce Quarterly Earnings on Friday
Two analysts have rated the stock with a sell rating, nine have given a hold rating and four have given a buy rating to the stock. A stock with a beta between 0.0 and 1.0 has smaller ups and downs. 116 funds opened positions while 640 raised stakes.

13 January 2018
Which Direction is Mid-America Apartment Communities, Inc
Shares of Mid-America Apartment Communities Inc (NYSE:MAA) traded down $1.47 during midday trading on Wednesday, reaching $95.01. The real estate investment trust reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.39 by $0.61.

13 January 2018
Betting On Mondelez International, Inc. (NASDAQ:MDLZ) ?
Zacks Investment Research downgraded Mondelez International from a "buy" rating to a "hold" rating in a report on Wednesday. Argus Research maintained The Home Depot, Inc. (NYSE:BANC) has "Outperform" rating given on Monday, May 2 by Wells Fargo.

13 January 2018
Trader Alert: Unusual Volume Spotted in Taylor Morrison Home Corporation (NYSE:TMHC)
This simple numeric scale reads 1 to 5, and it changes brokerage firm Moderate Sell recommendations into an average broker rating. First Quadrant Limited Partnership Ca owns 373,597 shares for 0.16% of their portfolio. (NASDAQ:GBDC) for 158,611 shares.

12 January 2018
Sara McMann Shifts Gears, Replaces Tonya Evinger
The forty-year old "Belizean Bruiser" is coming off a win over Talita Bernardo at UFC Fight Night 115 earlier this year. An impressive showing against McMann could continue to keep Reneau on the right path to an eventual title fight.

12 January 2018
Seth Meyers strikes right tone at Golden Globes
There was an upside, though: This was the first time in three months men weren't terrified to hear their names read out loud. The crowd made a noise. " Oh, was that too mean? " continued Meyers in a southern accent.

12 January 2018
Going...Going... Gone? Martin O'Neill holds talks with Stoke City
RTE pundit Dunphy has been critical of O'Neill in the past but this time has taken aim at the association. Should Keane not leave then Steve Walford, Steve Guppy and Seamus McDonagh are in contention for roles.