Noticeable Observation for Stock Investors: Bank of America Corporation (BAC)


The Zeke Capital Advisors Llc holds 226,063 shares with $6.67M value, up from 174,327 last quarter.

Eagle Asset Management Inc. increased its position in shares of Bank of America (NYSE:BAC) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The stock outperformed the S&P500 by 16.63%. Personal Capital Advisors Corp bought a new stake in shares of Bank of America during the third quarter worth about $311,000. (BAC) by 77.33% based on its latest 2017Q4 regulatory filing with the SEC. The company P/S (price to Sales) ratio is 5.55, P/B (price to Book) ratio is 1.3, while its P/C (price to Cash) ratio stands at 0.51. Nepsis Capital Management Inc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $310.81B market cap company. About 60.69 million shares traded.

During 2017 Q4 the big money sentiment increased to 1.19. This represents a $0.48 dividend on an annualized basis and a yield of 1.59%. The correct version of this piece of content can be accessed at

Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments.

Bank of America Corporation (BAC)'s RSI (Relative strength index) is at 50.34, its ATR (Average True Range) value is 0.87, while its Beta factor was calculated at 1.37. Ifc Fl owns 133,431 shares for 0.27% of their portfolio. Btr, a California-based fund reported 23,454 shs. Int Value Advisers holds 6.76M shares or 5.81% of its portfolio. 7,008 were reported by Autus Asset Management Limited Liability. Patriot Wealth Mgmt accumulated 277,683 shares.

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TRADEMARK VIOLATION WARNING: "State of Wisconsin Investment Board Has $407.30 Million Holdings in Bank of America (NYSE:BAC)" was reported by Week Herald and is the sole property of of Week Herald. Livforsakringsbolaget Skandia Omsesidigt stated it has 539,652 shares or 1.52% of all its holdings. Berkley W R Corp accumulated 35,800 shs. Moreover, Pitcairn has 0.39% invested in Bank of America Corporation (NYSE:BAC).

Aviance Capital Partners Llc, which manages about $417.57M and $303.10M US Long portfolio, decreased its stake in Walt Disney Co. It also reduced its holding in Merck & Co Inc by 648 shares in the quarter, leaving it with 13,151 shares, and cut its stake in Amgen Incorporated (NASDAQ:AMGN). Bank of America Corporation (BAC) recently closed with fall of -0.89% to its 20-Day Simple Moving Average. Therefore 67% are positive. Barclays boosted their price target on Bank of America from $28.00 to $35.00 and gave the stock an "equal weight" rating in a report on Tuesday, January 2nd. On Monday, March 26 the rating was maintained by Oppenheimer with "Buy".

Bank of America Corporation (NYSE:BAC), a Financial sector firm, traded 10.24 Billion shares in last trading session with closing price of $29.87 per share. Research analysts often publish stock price targets along with buy-sell recommendations. The firm earned "Market Perform" rating on Monday, October 16 by BMO Capital Markets. The rating was upgraded by Wells Fargo on Thursday, September 10 to "Outperform". Channing Capital Ltd Liability stated it has 0.2% of its portfolio in Bank of America Corporation (NYSE:BAC). Legal & General Group Plc grew its stake in shares of Bank of America by 0.7% during the 3rd quarter.

The company P/E (price to earnings) ratio is 17.52 and Forward P/E ratio is 10.6. Analysts are expecting an EPS change of 16.90% for the current year. AAPL's profit will be $13.75 billion for 15.97 P/E if the $2.71 EPS becomes a reality. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.44 by $0.03. KBW upgraded Bank of America Corporation (NYSE:BAC) on Monday, August 24 to "Outperform" rating.

The price target set for the stock is $34.48 and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research. Jefferies has "Buy" rating and $2800 target. On Tuesday, January 9 the rating was downgraded by Societe Generale to "Hold". Finally, Vetr cut Bank of America from a "hold" rating to a "sell" rating and set a $28.21 price target on the a report on Tuesday, February 13th. The firm earned "Buy" rating on Wednesday, August 2 by Canaccord Genuity. On Thursday, December 21 Keefe Bruyette & Woods maintained the shares of BAC in report with "Buy" rating.