The stock decreased 0.73% or $0.24 during the last trading session, reaching $32.6. Virginia Retirement Systems Et Al holds 0.82% in Bank of America Corporation (NYSE:BAC) or 2.66 million shares.
Bank of America Corporation (NYSE:BAC) now has a "Buy" signals on Composite indicators by TrendSpotter. It has outperformed by 41.94% the S&P500. The stock of Bank of America Corporation (NYSE:BAC) has "Hold" rating given on Friday, October 13 by BMO Capital Markets. The institutional investor held 8,946 shares of the computer manufacturing company at the end of 2017Q3, valued at $1.38 million, down from 14,099 at the end of the previous reported quarter. Investors who are keeping close eye on the stock of Bank of America Corporation (NYSE:BAC) established that the company was able to keep return on investment at - in the trailing twelve month while Reuters data showed that industry's average stands at 0.00 and sector's optimum level is 0.46. The stock increased 0.30% or $0.37 during the last trading session, reaching $124.61. About 55,589 shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since March 13, 2017 and is uptrending. It has outperformed by 9.91% the S&P500.The move comes after 9 months positive chart setup for the $198.85M company.
Among 6 analysts covering ProMetic Life Sciences Inc. (NYSE:SOL), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 81% are positive. Greatmark Investment Partners Inc.'s holdings in Bank of America were worth $8,069,000 at the end of the most recent reporting period.
The stock of Recro Pharma, Inc. The firm earned "Outperform" rating on Tuesday, November 15 by CLSA. The stock has "Buy" rating by RBC Capital Markets on Wednesday, June 14. The rating was upgraded by UBS on Wednesday, December 21 to "Buy". As per Wednesday, August 2, the company rating was maintained by Canaccord Genuity. Vining Sparks restated a "buy" rating and issued a $34.00 target price on shares of Bank of America in a report on Wednesday, January 17th. The firm earned "Hold" rating on Tuesday, January 9 by Societe Generale. The stock has "Outperform" rating by Oppenheimer on Friday, September 11.
Since December 12, 2017, it had 0 insider purchases, and 1 sale for $71,680 activity. The firm's quarterly revenue was up 3.5% compared to the same quarter last year. sell-side analysts forecast that Bank of America Corp will post 2.46 earnings per share for the current fiscal year. $327,534 worth of VMware, Inc.
Analysts await Apple Inc. (NYSE:V) to report earnings on April, 19. BAC's profit will be $6.04B for 13.92 P/E if the $0.59 EPS becomes a reality. Arrow Financial holds 0.71% of its portfolio in Bank of America Corporation (NYSE:BAC) for 118,185 shares.
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Investors sentiment increased to 0.7 in Q3 2017. Its down 0.91, from 2.8 in 2017Q2. State Of Wisconsin Investment Board accumulated 89,064 shares or 0.02% of the stock. 66,783 are owned by Optimum. Wellington Shields Com Ltd Com has invested 0.07% of its portfolio in Juno Therapeutics, Inc. (NASDAQ:AAPL). 3.20 million were accumulated by Thrivent Financial For Lutherans. San Francisco Sentry Invest Grp (Ca) accumulated 0.64% or 75,173 shares. Legal And General Group Public Limited Company, a United Kingdom-based fund reported 2,026 shares. Calamos Wealth Limited Liability holds 260,568 shares or 0.91% of its portfolio. Hudock Capital Group Incorporated Limited Liability stated it has 30,227 shares. Advisory Svcs Ntwk Limited Liability Co reported 1,110 shares. The stock of ProMetic Life Sciences Inc. Financial Bank Of Stockton stated it has 20,388 shares or 1.43% of all its holdings. Jp Marvel Investment Ltd Company reported 279,654 shares. Donaldson Cap Mgmt Ltd Liability Corporation has 29,312 shares. (NASDAQ:REPH) for 33,164 shares. One analyst has rated the stock with a sell rating, ten have given a hold rating and fifteen have issued a buy rating to the company's stock. Therefore 69% are positive. Bank of America had 106 analyst reports since July 21, 2015 according to SRatingsIntel. Oppenheimer has "Outperform" rating and $19 target. The company was upgraded on Friday, November 4 by RBC Capital Markets. The firm has "Hold" rating by Guggenheim given on Monday, January 22. Robert W. Baird has "Hold" rating and $24.0 target. Pennsylvania-based Snow Capital Mgmt LP has invested 3.67% in Bank of America Corporation (NYSE:BAC). Sound Shore Mngmt Ct stated it has 4.19% of its portfolio in Bank of America Corporation (NYSE:BAC). On Tuesday, August 25 the stock rating was maintained by Deutsche Bank with "Buy". As per Monday, May 16, the company rating was downgraded by Wood. The company was maintained on Monday, October 9 by Citigroup. Fred Alger Mgmt invested 1.12% in Bank of America Corporation (NYSE:BAC).
EPS growth estimate for this year is set at 16.90%.The earnings per share (EPS) formula is stated as earnings available to common shareholders divided by number of common stock shares outstanding. BP's profit will be $2.21 billion for 15.09 P/E if the $0.66 EPS becomes a reality. The financial services provider reported $0.47 EPS for the quarter, topping the consensus estimate of $0.44 by $0.03. Its down 0.08, from 1.12 in 2017Q2.
A number of other institutional investors have also recently bought and sold shares of the stock.
Several hedge funds have recently made changes to their positions in the company. Jbf holds 0.43% or 150,000 shares. Bank Amer Corp now has $331.18 billion valuation. Regentatlantic Capital Limited Liability Company reported 1.17% stake. Fayez Sarofim And reported 294,409 shares or 0.04% of all its holdings. Finally, Credit Suisse Group upgraded shares of Bank of America to an "outperform" rating and raised their price target for the company from $32.00 to $35.00 in a report on Thursday, January 4th. Todd Asset Management LLC acquired a new position in Bank of America during the second quarter worth $23,869,000. Company National Bank holds 0.13% or 383,477 shares. Rothschild Asset Mngmt holds 1.42% or 5.08 million shares. Caxton Lp reported 1.94% stake. Kahn Brothers Gp Inc De invested in 20,290 shares. Sg Americas Lc owns 635,739 shares.
Gratia Capital Llc decreased Gigamon Inc (NYSE:GIMO) stake by 16,716 shares to 104,011 valued at $4.38 million in 2017Q3.