Westwood Holdings Group Inc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $303.11B market cap company.
Abbott Laboratories (NYSE:ABT), stock is trading $56.69 above the 52-week high and has displayed a high EPS growth of 0.00% in last 5 years. About 84.07M shares traded or 23.44% up from the average.
Bank of America (NYSE:BAC) last issued its quarterly earnings results on Friday, October 13th. It has outperformed by 41.94% the S&P500.
Investec Asset Management Ltd decreased Anadarko Petroleum Corp (APC) stake by 25.63% reported in 2017Q2 SEC filing. Provise Management Gru Ltd Llc owns 100,447 shares for 0.37% of their portfolio. Vestor Capital Ltd Liability holds 2.51% or 424,729 shares in its portfolio. The stock decreased 0.92% or $1.7 during the last trading session, reaching $183.2. About shares traded. SilverCrest Metals Inc. (OTCMKTS:SHRV) has 0.00% since December 5, 2016 and is. It has underperformed by 16.70% the S&P500.
Vident Investment Advisory Llc increased Intuitive Surgical Inc (NASDAQ:ISRG) stake by 4,641 shares to 14,213 valued at $13.29 million in 2017Q2. It also upped Universal Hlth Svcs Inc (NYSE:UHS) stake by 82,008 shares and now owns 487,226 shares. Wal (NYSE:WMT) was raised too. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Livetradingnews.com and their article: "Bank of America Corp (NYSE:BAC) Stock Overbought" published on December 04, 2017 as well as Nasdaq.com's news article titled: "Bank of America Reaches Analyst Target Price" with publication date: November 30, 2017. Its share price has risen 9.38% in three months and is down -0.27% for the last five trades. BAC's profit will be $4.90B for 15.46 P/E if the $0.47 EPS becomes a reality.More news: Deutsche Bank gets subpoena from Mueller on Trump accounts
Investors sentiment decreased to 1.12 in Q2 2017. Its up 0.12, from 0.83 in 2017Q1. It turned negative, 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. Shine Advisory Service has 3,833 shares for 0.05% of their portfolio. Ameritas Investment holds 0.45% in Bank of America Corporation (NYSE:BAC) or 385,702 shares. Cipher Cap LP stated it has 217,156 shares. California Public Employees Retirement Sys has 2.28 million shares. Linscomb & Williams has 27,043 shares for 0.06% of their portfolio. Norris Perne And French Llp Mi invested in 13,723 shares. The firm has "Hold" rating by Berenberg given on Monday, April 24. Bank of America presently has a consensus rating of "Buy" and a consensus price target of $26.25. Greenwood Gearhart Incorporated accumulated 34,544 shares. Carlton Hofferkamp And Jenks Wealth Ltd Liability Co invested 1% in Bank of America Corporation (NYSE:BAC). 116,988 are held by First Trust. Cooke & Bieler LP reported 0.68% stake. 61,984 were accumulated by Regal Advisors Ltd Co. Douglass Winthrop Advsr Ltd Limited Liability Company has invested 0.02% in Bank of America Corporation (NYSE:BAC).
Among 30 analysts covering Bank of America (NYSE:BAC), 20 have Buy rating, 0 Sell and 10 Hold. Therefore 68% are positive.
Bank of America Corporation (BAC) has an Analysts' Mean Recommendation of 2.1. Jefferies Group reissued a "buy" rating and issued a $28.00 price objective on shares of Bank of America in a report on Friday, August 11th. The firm has "Market Perform" rating by Wood given on Monday, May 16. On Tuesday, July 19 the stock rating was maintained by Citigroup with "Buy". The rating was maintained by Barclays Capital on Tuesday, January 3 with "Equal Weight". The firm has "Hold" rating by Societe Generale given on Tuesday, September 13. The option since executed brings Bramble ownership to 50000 shares. Coatue Management LLC owned about 0.13% of Bank of America worth $336,074,000 as of its most recent SEC filing. Therefore 74% are positive. Melrose PLC had 128 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Oppenheimer with "Buy" on Wednesday, June 21. The company was maintained on Thursday, June 1 by Credit Suisse. Barclays Capital maintained it with "Equal Weight" rating and $26 target in Tuesday, January 3 report. The firm has "Overweight" rating given on Wednesday, November 1 by JP Morgan. Chicago Partners Investment Group LLC increased its position in shares of Bank of America by 11.0% during the 2nd quarter. RBC Capital Markets maintained Melrose Industries PLC (LON:MRO) on Thursday, January 7 with "Outperform" rating. The rating was maintained by Goldman Sachs on Tuesday, August 18 with "Neutral". The Company, through its banking and various non-bank subsidiaries, throughout the United States and in worldwide markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. The stock has "Buy" rating by Robert W. Baird on Tuesday, September 1.