Bank of America Corp (BAC) Stake Lifted by Cliftonlarsonallen Wealth Advisors LLC

Galtero Lara
Enero 13, 2018

The Manufacturers Life Insurance Company now owns 44,136,977 shares of the financial services provider's stock worth $1,070,762,000 after purchasing an additional 9,612,342 shares during the period. The institutional investor held 192,056 shares of the major banks company at the end of 2017Q3, valued at $13.97M, down from 198,815 at the end of the previous reported quarter. The firm has a market capitalization of $319,800.00, a price-to-earnings ratio of 17.83, a P/E/G ratio of 1.71 and a beta of 1.32. The stock increased 1.23% or $0.93 during the last trading session, reaching $76.49.

What Historical Figures Say About Bank of America Corporation (NYSE: BAC)? It has outperformed by 18.90% the S&P500.

Ativo Capital Management Llc holds 0.35% of its portfolio in WhiteHorse Finance, Inc. for 87,379 shares. The company has market cap of $3.97 million. During the same period last year, the company earned $0.41 earnings per share. analysts anticipate that Bank of America Corp will post 1.79 EPS for the current year. About 5,045 shares traded. AGCO Corporation (NYSE:AGCO) has risen 25.79% since January 12, 2017 and is uptrending. It has outperformed by 19.11% the S&P500. Finally, Zacks Investment Research raised shares of Bank of America from a "hold" rating to a "buy" rating and set a $33.00 price objective for the company in a report on Tuesday, January 2nd. Therefore 60% are positive. Redfin had 8 analyst reports since August 22, 2017 according to SRatingsIntel. As per Thursday, April 7, the company rating was maintained by JP Morgan. The company was maintained on Friday, September 29 by Robert W. Baird. Instinet cut their price objective on Bank of America from $37.00 to $30.00 in a report on Wednesday, January 3rd. The firm has "Outperform" rating by Oppenheimer given on Saturday, September 5. The stock has "Overweight" rating by Barclays Capital on Tuesday, October 20. The rating was maintained by Wells Fargo on Wednesday, December 20 with "Hold".

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.04, from 0.85 in 2017Q2. Sold All: 2 Reduced: 0 Increased: 1 New Position: 3.

More news: To those who still deny that Trump is racist

TRADEMARK VIOLATION WARNING: "Bank of America Corp (BAC) Position Raised by BB&T Corp" was posted by The Lincolnian Online and is the property of of The Lincolnian Online. Ipg Ltd Limited Liability Company invested in 0.62% or 71,581 shares. After a recent check, it is observed that the insiders for the firm now own 0.08% shares.

Lombard Odier Asset Management Switzerland Sa increased Bank Amer Corp (BAC) stake by 34.38% reported in 2017Q3 SEC filing. Northstar Group has 0.27% invested in Bank of America Corporation (NYSE:BAC) for 13,007 shares. 120,280 are held by California State Teachers Retirement. Walleye Trading Ltd reported 0.03% of its portfolio in Bank of America Corporation (NYSE:BAC). Davidson Investment Advsr holds 1.7% of its portfolio in Bank of America Corporation (NYSE:BAC) for 622,457 shares. M Secs accumulated 0.68% or 84,551 shares. Blair William Il, Illinois-based fund reported 8,589 shares. National Mutual Insur Federation Of Agricultural Cooperatives holds 0.06% of its portfolio in Bank of America Corporation (NYSE:BAC) for 125,000 shares. Modera Wealth Mngmt invested in 49,280 shares. Consolidated Investment Gru Ltd Liability Corp accumulated 397,513 shares or 5.09% of the stock. It also upped Healthstream Inc (NASDAQ:HSTM) stake by 35,550 shares and now owns 207,995 shares.

Since August 1, 2017, it had 0 insider buys, and 4 selling transactions for $1.92 million activity. 86,763 shares valued at $2.10 million were sold by BRAMBLE FRANK P on Thursday, August 10. 9,730 shares were sold by Trolli Michele D, worth $1.63 million. Its up 17.79% from 3.90M shares previously. They expect $0.46 EPS, up 15.00% or $0.06 from last year's $0.4 per share. WHF's profit will be $6.78 million for 9.95 P/E if the $0.33 EPS becomes a reality. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.17 % negative EPS growth. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have issued a buy rating and two have assigned a strong buy rating to the stock. Therefore 67% are positive. The firm has "Buy" rating given on Monday, September 25 by RBC Capital Markets. The stock of Citigroup Inc. Keefe Bruyette & Woods has "Buy" rating and $2700 target. The stock has "Buy" rating by BB&T Capital on Tuesday, October 27. The stock of China Mobile Limited (NYSE:CHL) has "Mkt Perform" rating given on Thursday, October 27 by Bernstein. The company has its outstanding shares of 10.38B. The firm has "Buy" rating given on Tuesday, December 5 by Raymond James. Citigroup downgraded the stock to "Neutral" rating in Tuesday, April 4 report.

Bluemar Capital Management Llc, which manages about $314.00 million and $199.59M US Long portfolio, decreased its stake in First Hawaiian Inc by 65,846 shares to 109,000 shares, valued at $3.30M in 2017Q3, according to the filing. Bank of America makes up 0.8% of Adviser Investments LLC's portfolio, making the stock its 26th biggest holding.

Otros informes por

Discuta este artículo

SIGUE NUESTRO PERIÓDICO