It has underperformed by 16.70% the S&P500.
Park National Corp increased Bank Of America Corp (BAC) stake by 3.6% reported in 2017Q2 SEC filing.
Shares of Bank of America Corp (NYSE BAC) traded down $0.07 during trading hours on Friday, hitting $28.10. Riggs Asset Managment holds 341,287 shares or 3.71% of its portfolio. Bank Amer Corp now has $305.25 billion valuation. The stock was last seen 3.42% higher, reaching at $29.06 on 12/04/2017.
Abbott Laboratories (NYSE:ABT) ended its day at $55.98 with the rising stream of -0.69% and its total traded volume was 5.29 million shares less than the average volume. For those of you who are trading Bank of America Corporation, the weekly volatility is 2.82% and performance for the week is 5.68%. It has outperformed by 41.94% the S&P500.
Westwood Holdings Group Inc, which manages about $12.27B US Long portfolio, decreased its stake in Honeywell International Inc (NYSE:HON) by 47,923 shares to 1.67 million shares, valued at $222.58 million in 2017Q2, according to the filing. It also increased its holding in Amazon.Com Inc (NASDAQ:AMZN) by 4,254 shares in the quarter, for a total of 6,983 shares, and has risen its stake in Ishares Tr (ACWX). General Mills (NYSE:GIS) was raised too. YHB Investment Advisors Inc. boosted its holdings in Bank of America by 17.2% in the 2nd quarter. Kohlberg Kravis Roberts & Co. had 46 analyst reports since July 28, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Friday, August 14 by Longbow. The rating was maintained by Keefe Bruyette & Woods with "Sell" on Friday, September 1. The third largest holder is Vanguard Group Inc, which now holds $18.65 billion worth of this stock and that ownership represents almost 6.13% of its market capitalization. Jefferies maintained Bank of America Corporation (NYSE:BAC) on Wednesday, October 7 with "Buy" rating. As per Thursday, July 20, the company rating was maintained by RBC Capital Markets. (NYSE:LOW) on Thursday, August 20 to "Hold" rating. Jefferies has "Hold" rating and $29.0 target. (NASDAQ:CME). Citigroup reported 0.03% stake. The firm has "Hold" rating given on Sunday, August 9 by Standpoint Research.
Investors sentiment decreased to 0.9 in Q2 2017. The company P/S (price to Sales) ratio is 5.49, P/B (price to Book) ratio is 1.18, while its P/C (price to Cash) ratio stands at 0.47.
Analysts often look at short interest, or the number of shares now being shorted by investors, to aid in their outlook for a particular stock. It dived, as 38 investors sold CME shares while 226 reduced holdings. Institutional investors own 68.28% of the company's stock. Atwood & Palmer reported 13,482 shares or 0.05% of all its holdings. Walleye Trading Ltd Liability has invested 0.03% in CME Group Inc. The company has 10.47 Billion shares outstanding and 10.42 Billion shares were floated in market. Federated Invsts Pa reported 0% of its portfolio in Federated Investors, Inc. Sumitomo Mitsui Tru Incorporated has invested 0.29% in Lowe's Companies, Inc. Cap Growth Management Limited Partnership accumulated 8.24% or 7.42 million shares. Moreover, Horseman Limited has 1.5% invested in CME Group Inc. (NYSE:FII) for 386,680 shares.
South State Corp Trims Stake in CVS Health Corp (NYSE:CVS)
Wesbanco Retail Bank owns 194,399 shares for 0.85% of their portfolio. 81,528 are held by Strategy Asset Managers Lc. The deal announced Sunday will pair the second-largest USA drugstore chain with the third-largest health insurer.
Liquidity ratios help investors to determine a company's ability to pay off its debts. Sumitomo Mitsui Asset Ltd holds 796,609 shares. Kbc Gru Nv has invested 0.27% of its portfolio in CME Group Inc. (NYSE:FII). Us Natl Bank De has invested 0% in Federated Investors, Inc. 221,843 are held by Stellar Capital Ltd.
Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 12. They expect $0.47 earnings per share, up 17.50% or $0.07 from last year's $0.4 per share. GPC's profit will be $156.88 million for 21.91 P/E if the $1.07 EPS becomes a reality. The EBITDA Yield for Bank of America Corporation (NYSE:BAC) is -2.686658. It fall, as 79 investors sold BAC shares while 543 reduced holdings.
Several other institutional investors and hedge funds have also made changes to their positions in BAC. Northcoast Asset Mgmt Limited Company owns 807,430 shares for 2.26% of their portfolio. Dodge & Cox purchased a new position in shares of Bank of America Corp during the fourth quarter valued at approximately $4,159,570,000. Masters Mgmt Limited Liability Corporation owns 2.00M shares. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Investorplace.com and their article: "Bank of America Corp's Rally Is Overdone" published on November 28, 2017 as well as Investorplace.com's news article titled: "Where Bank of America Corp Fails and Succeeds in One Simple Chart" with publication date: November 15, 2017. Bank of America Corporation's now has a PEG ratio of 1.50 where as its P/E ratio is 16.86. Montag A & Associates Inc. now owns 385,764 shares of the financial services provider's stock valued at $9,359,000 after purchasing an additional 123,986 shares during the period. (NYSE:LOW) for 6.62 million shares. Massachusetts-based Hellman Jordan Management Ma has invested 1.64% in Bank of America Corporation (NYSE:BAC). Hap Trading Llc owns 696,562 shares or 0.9% of their United States portfolio. California Public Employees Retirement Sys holds 0.97% or 24.90M shares. Moreover, Jennison Llc has 0.29% invested in Bank of America Corporation (NYSE:BAC). The insider now directly owns 32,459 shares worth $943,259. Therefore 67% are positive. On Wednesday, September 30 the stock rating was downgraded by Goldman Sachs to "Sell". Vetr upgraded Bank of America Corp from a "buy" rating to a "strong-buy" rating and set a $26.88 price target on the stock in a research note on Tuesday, March 21st. Smith & Howard Wealth Llc has 0.13% invested in Bank of America Corporation (NYSE:BAC). The company was maintained on Wednesday, August 19 by Cantor Fitzgerald. Nomura upgraded the shares of BAC in report on Tuesday, September 8 to "Buy" rating. The rating was maintained by RBC Capital Markets with "Buy" on Wednesday, April 5.
Bank of America Corporation (NYSE:BAC) has an M-score Beneish of -2.950667.
Burt Wealth Advisors increased Ishare Edge Msci Min Vol (EFAV) stake by 42,941 shares to 425,027 valued at $29.43M in 2017Q2. Connable Office holds 1.16% or 218,841 shares.
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