Bank of America Corp (BAC) Short Interest Update

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Arga Investment Management Lp bought 19,075 shares as the company's stock declined 4.70% while stock markets rallied. The institutional investor held 210,721 shares of the major banks company at the end of 2017Q3, valued at $5.34M, down from 280,721 at the end of the previous reported quarter. The stock increased 0.36% or $0.11 during the last trading session, reaching $30.66. With 64.59 million shares average volume, it will take short sellers 2 days to cover their BAC's short positions.

Shares of Bank of America Corp (NYSE:BAC) opened at $31.19 on Friday. It has outperformed by 41.94% the S&P500. Eagle Capital Management Llc who had been investing in Ecolab Inc for a number of months, seems to be bullish on the $39.65B market cap company.

Ted Kang increased its stake in Cognex Corp (CGNX) by 226.7% based on its latest 2017Q3 regulatory filing with the SEC.

Laurel Grove Capital Llc, which manages about $236.05M and $192.21 million US Long portfolio, decreased its stake in Public Storage Inc (NYSE:PSA) by 10,625 shares to 10,420 shares, valued at $2.23 million in 2017Q3, according to the filing.

Among 32 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 11 Hold. Northern Trust Corp invested in 0.02% or 701,690 shares. The stock increased 1.80% or $0.31 during the last trading session, reaching $17.58. About 329,207 shares traded. Cognex Corporation (NASDAQ:CGNX) has risen 131.00% since January 13, 2017 and is uptrending. It has underperformed by 52.75% the S&P500. Ingalls And Snyder Limited Liability reported 157,894 shares stake. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.02. RRC's profit will be $34.19M for 31.39 P/E if the $0.14 EPS becomes a reality. D E Shaw And reported 0.05% stake.

Since August 10, 2017, it had 0 buys, and 1 sale for $2.10 million activity.

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Investors of record on Friday, December 1st were given a dividend of $0.12 per share. Its down 0.08, from 1.12 in 2017Q2. 117 funds opened positions while 547 raised stakes. Diamond Hill Cap Mgmt reported 0% stake. Pitcairn invested in 0.39% or 135,109 shares. Sheets Smith Wealth Management boosted its position in shares of Bank of America by 28.0% in the 4th quarter. 54,144 were reported by Two Sigma Secs Ltd Liability Corporation. The company's quarterly revenue was up 2.1% on a year-over-year basis. equities research analysts expect that Bank of America Corp will post 1.79 earnings per share for the current fiscal year. Alps reported 29,162 shares. Wallington Asset Management Ltd Liability Corporation reported 0.98% in Bank of America Corporation (NYSE:BAC). Grantham Mayo Van Otterloo & Comm Lc has 8,900 shares for 0% of their portfolio. Mai Capital holds 0.08% of its portfolio in Cognex Corporation (NASDAQ:CGNX) for 11,725 shares. First Personal owns 0.28% invested in Bank of America Corporation (NYSE:BAC) for 52,713 shares. The stock of Bank of America Corporation (NYSE:BAC) earned "Hold" rating by Robert W. Baird on Friday, August 25. Bank Of America De stated it has 0.06% of its portfolio in Bank of America Corporation (NYSE:BAC). Factory Mutual Insur Com invested in 174,600 shares. Citigroup maintained Range Resources Corporation (NYSE:RRC) on Thursday, April 7 with "Buy" rating. Retirement Systems Of Alabama has 8.07 million shares. Vetr downgraded Bank of America from a "strong-buy" rating to a "buy" rating and set a $33.89 price objective on the stock.in a report on Wednesday. Therefore 79% are positive.

The 30 analysts offering 12-month price forecasts for Bank of America Corp have a median target of 30.00, with a high estimate of 38.00 and a low estimate of 22.00. The legal version of this article can be read at https://www.thelincolnianonline.com/2018/01/13/societe-generale-downgrades-bank-of-america-bac-to-hold.html. The firm has "Buy" rating by Robert W. Baird given on Tuesday, September 1. The firm earned "Hold" rating on Monday, October 26 by Stifel Nicolaus. The stock has "Buy" rating by Jefferies on Monday, October 10. As per Monday, November 27, the company rating was maintained by JMP Securities. Oppenheimer maintained Bank of America Corporation (NYSE:BAC) on Saturday, September 5 with "Outperform" rating. Cantor Fitzgerald maintained it with "Hold" rating and GBX 500 target in Tuesday, March 8 report. Adams Diversified Equity Fund reported 1.37 million shares or 1.89% of all its holdings.

A number of other large investors also recently added to or reduced their stakes in the stock. (NYSE:MET) for 10,030 shares.

Investors sentiment decreased to 1.05 in 2017 Q3. Its down 0.28, from 1.36 in 2017Q2. It dropped, as 61 investors sold MET shares while 336 reduced holdings. 784.85 million shares or 1.65% more from 772.09 million shares in 2017Q2 were reported. Rockland Trust Co accumulated 149,933 shares. Asset Mgmt One Ltd holds 16.23 million shares. Vaughan David Invs Inc Il invested in 0.03% or 25,739 shares. Washington Capital Mgmt Inc holds 141,715 shares or 3.82% of its portfolio. Tower Rech Capital Ltd Liability (Trc) holds 37,269 shares or 0.08% of its portfolio. It also upped First Midwest Bancorp Del (NASDAQ:FMBI) stake by 65,000 shares and now owns 996,442 shares. Zeke Capital Advisors Llc, Pennsylvania-based fund reported 23,670 shares. Cornerstone Advsr Incorporated owns 221 shares or 0.01% of their United States portfolio. Bancorp Of Mellon holds 229,325 shares. 28,173 are held by Johnson Fincl Grp Incorporated Inc.

Among 32 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 11 Hold. Therefore 63% are positive. Dialight PLC had 43 analyst reports since July 27, 2015 according to SRatingsIntel. Oppenheimer maintained it with "Buy" rating and $14100 target in Thursday, June 1 report. The company has a market capitalization of $325,330.00, a price-to-earnings ratio of 18.13, a P/E/G ratio of 1.67 and a beta of 1.32. As per Thursday, August 10, the company rating was maintained by Wells Fargo. Nomura maintained Ecolab Inc. Avondale has "Market Outperform" rating and $16 target. The rating was maintained by Northland Capital on Friday, November 3 with "Hold". The rating was maintained by Rosenblatt on Wednesday, December 13 with "Buy". The company now has a consensus rating of "Buy" and a consensus target price of $29.14. UBS maintained Church & Dwight Co., Inc. The stock of Church & Dwight Co., Inc. The rating was maintained by Northland Capital on Wednesday, September 20 with "Hold".

Since October 26, 2017, it had 0 buys, and 3 insider sales for $729,062 activity.

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