Economy

Q3 Sentiment Bank Of America Corp (NYSE:BAC)

Mendon Capital Advsrs stated it has 0.96% in Bank of America Corporation (NYSE:BAC). On a consensus basis, analysts have given a recommendation of 2.10 on company shares. The stock has reached the $30.84 mark after a recent check. About 59.32 million shares traded. It has outperformed by 41.94% the S&P500.

Swarthmore Group Inc decreased its stake in Bank Amer Corp (BAC) by 13.13% based on its latest 2017Q3 regulatory filing with the SEC.

Paradigm Financial Advisors Llc, which manages about $207.00 million US Long portfolio, upped its stake in Intel Corp (NASDAQ:INTC) by 59,477 shares to 85,741 shares, valued at $3.27M in 2017Q3, according to the filing. Jane Street Grp holds 0.16% or 1.89M shares. The stock has a market cap of $319,800.00, a price-to-earnings ratio of 17.83, a price-to-earnings-growth ratio of 1.71 and a beta of 1.32. The stock increased 0.86% or $0.37 during the last trading session, reaching $43.27. It has outperformed by 6.84% the S&P500. Eaton Vance Management accumulated 1.79M shares or 0.34% of the stock. Grimes Company, Massachusetts-based fund reported 50,402 shares. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.02. GILD's profit will be $2.18B for 11.84 P/E if the $1.67 EPS becomes a reality. The Hartline Investment Corp holds 33,974 shares with $5.81 million value, up from 29,093 last quarter.

Investors sentiment increased to 1.03 in Q3 2017. Its up 0.10, from 0.93 in 2017Q2. Sky Invest Group Llc has 14,528 shares. 104 funds opened positions while 328 raised stakes. Apriem Advsr reported 176,364 shares or 1.11% of all its holdings. Commerzbank Aktiengesellschaft Fi reported 4,870 shares. $5.56 million worth of Gilead Sciences, Inc. Livforsakringsbolaget Skandia Omsesidigt has 23,308 shares. The company has a current ratio of 0.91, a quick ratio of 0.90 and a debt-to-equity ratio of 0.91. Guardian Management has 135,572 shares. Insider ownership decreased by a total of 77058 shares, which suggests that BAC's key executives are feeling less optimistic about the outlook for the stock. (NYSE:PFE). Mechanics Financial Bank Department has 230,697 shares for 1.96% of their portfolio. Wade G W invested in 66,111 shares. Factory Mutual Insur accumulated 4.05M shares or 1.13% of the stock. Amp Cap has 0.04% invested in The Hershey Company (NYSE:HSY). Stock Yards Savings Bank reported 5,347 shares or 0.07% of all its holdings. Webster Bancorporation N A reported 0.02% stake. Wolverine Asset Lc invested 0.04% of its portfolio in Pfizer Inc. Brandywine Glob Inv Management Limited holds 11.30 million shares or 1.81% of its portfolio.

Among 19 analysts covering The Hershey Company (NYSE:HSY), 4 have Buy rating, 3 Sell and 12 Hold. Therefore 39% are positive. Synovus Financial Corp. had 48 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Hold" rating given on Monday, December 18 by Berenberg. As per Tuesday, January 9, the company rating was maintained by Sandler O'Neill. The firm has "Buy" rating by Zacks given on Monday, August 24. (NASDAQ:GILD) was sold by Washington Robin L on Thursday, September 7. The stock of The Hershey Company (NYSE:HSY) earned "Sector Perform" rating by RBC Capital Markets on Thursday, March 2. The firm has "Buy" rating by Brean Capital given on Thursday, July 30. The company was maintained on Tuesday, January 26 by Deutsche Bank. $296,560 worth of stock was sold by JOHNSON RADY A on Friday, December 15. Wege D Michael sold $121,286 worth of The Hershey Company (NYSE:HSY) on Monday, October 16. Parametric Portfolio Associates LLC now owns 24,012,218 shares of the financial services provider's stock worth $582,536,000 after acquiring an additional 8,261,288 shares in the last quarter.

Investors of record on Friday, December 1st were issued a $0.12 dividend. It dived, as 68 investors sold BAC shares while 569 reduced holdings.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Verition Fund Mngmt Ltd Liability has invested 0.07% of its portfolio in Bank of America Corporation (NYSE:BAC). Skba Capital Mgmt Lc owns 21,930 shares for 0.08% of their portfolio. Cipher Lp has 86,948 shares. Gilder Gagnon Howe And Ltd Liability holds 0.17% or 87,566 shares.

Bank of America Corporation (NYSE:BAC) has seen its stock price gain 1.03, or +3.49%, so far in 2017. First Personal Fincl Services, a North Carolina-based fund reported 52,713 shares. F&V Capital Management Ltd Com invested in 0.33% or 22,370 shares. New Jersey-based Systematic Financial Management Limited Partnership has invested 0.26% in Bank of America Corporation (NYSE:BAC). Inc. bought a new position in shares of Bank of America in the second quarter worth $1,017,000. Washington Savings Bank invested in 0.32% or 80,832 shares. Of those insider trades, 2,517 shares of Bank of America Corporation were purchased and 79,575 shares were sold. Moreover, Lodestar Inv Counsel Limited Liability Corp Il has 0.04% invested in Bank of America Corporation (NYSE:BAC) for 12,066 shares. The Colorado-based Alps has invested 0.01% in Bank of America Corporation (NYSE:BAC). Psagot Investment House has 0.02% invested in Bank of America Corporation (NYSE:BAC). One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and two have issued a strong buy rating to the stock. Therefore 94% are positive. The company was upgraded on Tuesday, August 25 by Bernstein. Aegis Capital maintained it with "Buy" rating and $20000 target in Wednesday, July 26 report. The stock of American Tower Corporation (NYSE:REIT) has "Buy" rating given on Wednesday, November 1 by Macquarie Research. (NYSE:SNV) on Tuesday, November 29 to "Mkt Perform" rating. The stock of Bank of America Corporation (NYSE:BAC) earned "Buy" rating by Jefferies on Wednesday, October 7. BidaskClub raised Bank of America from a "buy" rating to a "strong-buy" rating in a research report on Monday, October 23rd. Societe Generale lowered shares of Bank of America from a "buy" rating to a "hold" rating in a research note on Tuesday. The rating was downgraded by Citigroup on Tuesday, April 4 to "Neutral".

The data from the past twelve months tells a similar story: insiders executed 8 buys and 51 sells, and ownership decreased by a net of 2.12 million shares.

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