Bank of America Corporation (BAC) Shares Bought by Coconut Grove Bank

Paterniano Del Favero
Luglio 18, 2017

Architects invested in 80,856 shares or 0.42% of the stock. Finally, Zacks Investment Research raised Bank of America Corporation from a "hold" rating to a "buy" rating and set a $28.00 price objective for the company in a report on Tuesday, March 21st. Golub Group Llc sold 1.31 million shares as Bank Amer Corp (BAC)'s stock declined 6.00%. About 6,441 shares traded.

Bank of America Corp, the second-largest US lender by assets, reported an 11 percent rise in quarterly profit on Tuesday as net interest income increased. It has outperformed by 41.94% the S&P500.

Fulton Breakefield Broenniman Llc decreased Pg (PG) stake by 50.28% reported in 2016Q4 SEC filing. The stock rose 0.04% or $0.03 reaching $83.19. The institutional investor held 78,792 shares of the precious metals company at the end of 2016Q4, valued at $2.82 million, up from 64,067 at the end of the previous reported quarter. Argent Trust stated it has 0.92% of its portfolio in Bank of America Corp (NYSE:BAC). The stock decreased 0.01% or $0.02 on July 17, reaching $155.26. Gardner Lewis Asset Mgmt LP invested in 1.06% or 619,684 shares. About shares traded. Bovie Medical Corporation (BVX) has risen 28.74% since July 18, 2016 and is uptrending. It has outperformed by 17.62% the S&P500. "The stock of Bank of America Corp (NYSE:BAC) has "Mkt Perform" rating given on Monday, August 24 by Bruyette & Woods". The company recently announced a dividend for shareholders paid on Friday the 30th of June 2017. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-four have issued a buy rating and two have assigned a strong buy rating to the stock. Therefore 45% are positive. Bank of America had 67 analyst reports since July 21, 2015 according to SRatingsIntel. The ex-dividend date was set for Wednesday the 31st of May 2017. Short-term interest rates have also kept moving higher with the jobs picture strengthening, aiding the bank's results. Bank of America Corporation has a consensus rating of "Buy" and an average price target of $23.03. Citigroup Inc. downgraded Bank of America Corporation from a "buy" rating to a "neutral" rating and upped their target price for the company from $22.00 to $25.00 in a report on Tuesday, April 4th.

Several equities research analysts have recently weighed in on the company. The firm has "Neutral" rating given on Wednesday, August 24 by Suntrust Robinson. Bedell Frazier Investment Counseling Limited has 3.98% invested in Bank of America Corp (NYSE:BAC).

Investors sentiment increased to 1.1 in 2016 Q4. The dividend yield was $1.23. 207 funds opened positions while 479 raised stakes. Wms Prtnrs Lc has invested 0.13% in Bank of America Corp (NYSE:BAC). State Treasurer State Of Michigan invested in 0.59% or 3.39 million shares. Stephens Ar stated it has 0.72% in Bank of America Corp (NYSE:BAC). Washington Tru Comml Bank holds 59,789 shares or 0.3% of its portfolio. Tortoise Investment Limited Liability Company holds 0.04% or 4,700 shares. Shapiro Capital Mngmt holds 0% or 7.28 million shares. Employees Retirement Sys Of Texas accumulated 2.74M shares. Livforsakringsbolaget Skandia Omsesidigt has invested 1.06% of its portfolio in Bank of America Corp (NYSE:BAC). Segall Bryant Hamill Ltd Liability Corporation has 0.02% invested in Bank of America Corp (NYSE:BAC). Calamos Wealth Limited Liability Corporation, a Illinois-based fund reported 146,348 shares. They expect $0.43 EPS, up 19.44% or $0.07 from last year's $0.36 per share. PG's profit will be $2.00 billion for 27.92 P/E if the $0.78 EPS becomes a reality. After $1.13 actual EPS reported by Novartis AG (ADR) for the previous quarter, Wall Street now forecasts 2.65% EPS growth.

Among 2 analysts covering Trillium Therapeutics (NASDAQ:TRIL), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 71% are positive. Bank of America Corporation accounts for 1.2% of Advisor Partners LLC's holdings, making the stock its 13th largest position. The firm has "Buy" rating given on Tuesday, June 6 by Jefferies. Cowen & Co maintained the shares of NVS in report on Monday, July 10 with "Hold" rating. Royal Bank Of Canada reiterated a "buy" rating and set a $26.00 price target on shares of Bank of America Corporation in a research report on Tuesday, April 4th.

The Charlotte-based bank said it had $22.8 billion in revenue, up 7 percent, while expenses rose in part from the sale of data centers as CEO Brian Moynihan pushes to further slash costs and streamline the company. The stock of Bank of America Corp (NYSE:BAC) has "Overweight" rating given on Wednesday, December 21 by Atlantic Securities. The original version of this news story can be read at The firm earned "Underweight" rating on Tuesday, January 12 by Barclays Capital. This repurchase authorization authorizes the financial services provider to purchase up to 4.8% of its stock through open market purchases.

Altre relazioni OverNewsmagazine

Discuti questo articolo