Has $1.92 Million Position in Bank of America Corporation (BAC)


Has $1.92 Million Position in Bank of America Corporation (BAC)

The top 5 institutional holders, in ascending order, are as follows: BLACKROCK INC. with 668.21 million shares, VANGUARD GROUP INC with 661.49 million shares, STATE STREET CORP with 442.99 million shares, FMR LLC with 332.88 million shares, and WELLINGTON MANAGEMENT GROUP LLP with 191.69 million shares. Goldman Sachs Group now has $85.42B valuation. It closed at $23.62 lastly. About 58.88M shares traded. It has outperformed by 22.53% the S&P500.

Among 7 analysts covering Interactive Brokers Group (NASDAQ:IBKR), 0 have Buy rating, 1 Sell and 6 Hold. Therefore 60% are positive. Taking a wider perspective, shares have been recently trading -12.90% off the 52-week high and 14.47% away from the 52-week low.

When it comes to the Analysis of a Stock, Price Target plays a vital role. The Home Depot Inc. had 70 analyst reports since August 19, 2015 according to SRatingsIntel. Sandler O'Neill upgraded the stock to "Buy" rating in Wednesday, January 20 report. The firm has "Neutral" rating given on Tuesday, April 26 by Macquarie Research. The stock has "Buy" rating by Jefferies on Friday, July 7. Keefe Bruyette & Woods maintained Bank of America Corp (NYSE:BAC) on Tuesday, June 6 with "Buy" rating. The company was maintained on Sunday, July 23 by Renaissance Macro Securities LLC. The company was maintained on Wednesday, October 7 by Jefferies. The rating was initiated by Keefe Bruyette & Woods with "Outperform" on Thursday, December 8.

Among 22 analysts covering Monsanto Company (NYSE:MON), 12 have Buy rating, 0 Sell and 10 Hold. Therefore 67% are positive.

The average 1-year price target for Bank of America Corporation (BAC) - averaging the work of different analysts - reveals a mean PT of $27/share. Oppenheimer maintained it with "Buy" rating and $6000 target in Wednesday, July 26 report. That's a potential 14.31 increase relative to where Bank of America Corporation (NYSE:BAC) has been trading recently. On Tuesday, July 18 the stock rating was maintained by RBC Capital Markets with "Buy". Analysts giving shares a rating of 1 or 2 would be indicating a Buy. The firm earned "Buy" rating on Tuesday, August 25 by Canaccord Genuity. Bernstein upgraded Bank of America Corp (NYSE:BAC) rating on Tuesday, August 25. Private Bank & Trust Co.'s holdings in Bank of America Corporation were worth $1,924,000 as of its most recent filing with the SEC. The company was downgraded on Wednesday, January 11 by UBS.

Investors sentiment increased to 1.1 in 2016 Q4. Its down 0.17, from 1.02 in 2016Q3. It fall, as 20 investors sold Bank of Hawaii Corporation shares while 93 reduced holdings. 207 funds opened positions while 479 raised stakes. Cipher Capital LP accumulated 0.3% or 201,131 shares. The stock of Bank of America Corp (NYSE:BAC) earned "Buy" rating by Citigroup on Wednesday, January 11. Co Bancshares owns 357,195 shares or 0.12% of their U.S. portfolio. Tarbox Family Office Inc. raised its stake in Bank of America Corporation by 0.4% in the second quarter. 326.16 million shares or 2.74% more from 317.45 million shares in 2016Q3 were reported. Thomas White Intl Ltd, a Illinois-based fund reported 45,846 shares. Polygon Mngmt holds 550,000 shares. Stillwater Inv, Minnesota-based fund reported 98,142 shares. Ironsides Asset Advsrs Ltd Liability Corporation reported 0.08% stake. Moreover, Clal Insur Enterprises Limited has 0.58% invested in Bank of America Corp (NYSE:BAC). Thompson Siegel Walmsley Lc invested in 0% or 504 shares.

Investors sentiment decreased to 0.8 in 2016 Q4. 168 funds opened positions while 262 raised stakes. 146.22 million shares or 4.61% less from 153.29 million shares in 2016Q3 were reported. 14,009 were accumulated by First Business Fin Serv. The Sirios Capital Management LP holds 6.52 million shares with $144.15M value, up from 5.38 million last quarter. $833,275 worth of SEI Investments Company (NASDAQ:SEIC) shares were sold by WEST ALFRED P JR. Sterling Invest Mngmt Incorporated owns 120,529 shares or 3.8% of their United States portfolio. About 160,366 shares traded. Pushing back over the last quarter, shares are 0.89%.

In order to reach an opinion and communicate the value and volatility of a covered security, analysts research public financial statements, listen in on conference calls and talk to managers and the customers of a company, typically in an attempt to capture the findings for a research report. Savant Limited Liability reported 54,402 shares or 0.32% of all its holdings. Columbia Wanger Asset Mngmt Ltd Co reported 0.61% stake. Investors measure stock performance on the basis of a company's earnings power. Strs Ohio stated it has 0.88% of its portfolio in Visa Inc (NYSE:V). Btim stated it has 17,977 shares or 0.01% of all its holdings. Gradient Investments LLC increased its stake in shares of Bank of America Corporation by 18.2% in the first quarter.

Since May 2, 2017, it had 0 buys, and 1 insider sale for $1.94 million activity. 3,900 shares were sold by DITMORE ROBERT K, worth $294,177 on Friday, June 2. The stock decreased 1.02% or $0.24 on August 21, reaching $23.38. Builders FirstSource, Inc. (NASDAQ:BLDR) has risen 24.30% since August 21, 2016 and is uptrending. It has underperformed by 21.57% the S&P500. Bank Of America Corp now has $230.31 billion valuation. The Firm provides a range of investment capabilities and outcomes, which are delivered through a set of investment vehicles, to help clients achieve their investment objectives. It has a 18.26 P/E ratio. It has a presence in the retail and institutional markets within the investment management industry in North America; Europe, Middle East and Africa (EMEA), and Asia-Pacific.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.