Virtu Financial Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $335.48 billion market cap company. The stock appeared $32.85 above its 52-week highs and is up 3.45% for the last five trades. The company's quarterly revenue was up 3.5% compared to the same quarter last year. equities analysts predict that Bank of America Corp will post 2.46 earnings per share for the current fiscal year.
Bank of America Corporation (NYSE:BAC) now has a "Buy" signals on Composite indicators by TrendSpotter. It has outperformed by 11.57% the S&P500.
Stevens Capital Management Lp increased Zebra Technologies Corp (ZBRA) stake by 176.17% reported in 2017Q3 SEC filing. The institutional investor held 639,422 shares of the clothing and shoe and accessory stores company at the end of 2017Q3, valued at $15.76 million, up from 558,510 at the end of the previous reported quarter. Portolan Capital Management Llc who had been investing in Red Lion Hotels Corporation for a number of months, seems to be bullish on the $237.44 million market cap company. The overall volume in the last trading session was 73.82 million shares. About 113,255 shares traded.More news: An ICE spokesman quit over the Trump administration's "misleading facts"
Shares of Bank of America Corp (NYSE:BAC) opened at $32.84 on Tuesday. It has outperformed by 29.23% the S&P500. One analyst has rated the stock with a sell rating, ten have assigned 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. As per Tuesday, July 18, the company rating was maintained by Oppenheimer. The stock has "Buy" rating by UBS on Friday, May 5. Nomura upgraded the stock to "Buy" rating in Tuesday, September 8 report. Finally, Credit Suisse Group raised Bank of America to an "outperform" rating and upped their target price for the stock from $32.00 to $35.00 in a research report on Thursday, January 4th. The rating was maintained by Jefferies on Wednesday, October 7 with "Buy". The firm earned "Buy" rating on Tuesday, July 21 by Jefferies. 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.
Bank of America Corporation (BAC) have shown a high EPS growth of 46.90% in the last 5 years and has earnings rose of 16.90% yoy. During the same quarter past year, the company earned $0.40 earnings per share. The financial services provider reported $0.47 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.44 by $0.03.
Investors sentiment decreased to 0.95 in 2017 Q3. Its up 0.15, from 1.04 in 2017Q2. It turned negative, as 40 investors sold CF shares while 147 reduced holdings. 64 funds opened positions while 179 raised stakes. Shares for $34,174 were sold by GROSS PATRICK W. Shares for $9,515 were sold by Hmmer Tara J. Dnb Asset Mgmt As owns 4.84M shares or 1.63% of their U.S. portfolio.More news: Terror Police Investigate 'Unexplained' Death Of Russian Exile Nikolai Glushkov
Wms Partners Llc, which manages about $2.55 billion and $839.92 million US Long portfolio, decreased its stake in International Business Machs (NYSE:IBM) by 2,767 shares to 15,669 shares, valued at $2.27M in 2017Q3, according to the filing. Brandywine Inv Management Limited Company, Pennsylvania-based fund reported 11.30 million shares. Campbell Newman Asset Mgmt stated it has 0.69% in Bank of America Corporation (NYSE:BAC). Moneta Group Inc Inv Ltd Liability stated it has 33,298 shares or 0.13% of all its holdings. Virtu Finance Llc invested in 0.1% or 118,848 shares. Advent Cap Mngmt De holds 30,000 shares or 0.01% of its portfolio. (NYSE:WM). Martin Currie Ltd holds 157,300 shares or 0.94% of its portfolio. Ajo Lp accumulated 18,930 shares. Pekin Singer Strauss Asset Mgmt Il reported 205,286 shares stake. Miller Investment Mngmt Ltd Partnership owns 37,675 shares.
Bank of America Corporation is a bank holding company and a financial holding company.
Analysts await ePlus inc. They expect $0.59 EPS, up 43.90% or $0.18 from last year's $0.41 per share. United Securities Inc (D B A Uas Asset Management) stated it has 0.25% in Bank of America Corporation (NYSE:BAC). After $0.47 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 25.53% EPS growth. The stock now has a consensus rating of "Buy" and an average target price of $30.35. Royal Bank of Canada lifted their price target on shares of Bank of America to $35.00 and gave the company an "outperform" rating in a research report on Thursday, January 18th. On Tuesday, October 3 the stock rating was maintained by Keefe Bruyette & Woods with "Buy". Stifel Nicolaus maintained Regal Beloit Corporation (NYSE:RBC) on Wednesday, February 7 with "Hold" rating. Berenberg downgraded the stock to "Hold" rating in Monday, April 24 report. ValuEngine cut shares of Bank of America from a "buy" rating to a "hold" rating in a report on Tuesday, January 16th. As per Tuesday, January 9, the company rating was maintained by Sandler O'Neill. (NYSE:WM) earned "Buy" rating by Raymond James on Friday, February 16. The rating was initiated by Macquarie Research on Monday, July 11 with "Neutral".More news: Taiwan hiring outlook highest in Asia-Pacific region in Q2
Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.04, from 0.88 in 2017Q2. It is positive, as 19 investors sold RBC shares while 77 reduced holdings. Hedge funds and other institutional investors own 68.83% of the company's stock. 1ST Source Bank grew its position in shares of Bank of America by 4.8% in the third quarter. Principal Fincl Group has 444,149 shares for 0.03% of their portfolio. The Manufacturers Life Insurance Company now owns 44,136,977 shares of the financial services provider's stock worth $1,070,762,000 after purchasing an additional 9,612,342 shares during the last quarter. Segall Bryant & Hamill Limited reported 0.03% of its portfolio in Red Lion Hotels Corporation (NYSE:RLH). Art Advisors Ltd Llc holds 0.03% of its portfolio in ePlus inc. Weaver C Barksdale Associate, Tennessee-based fund reported 221 shares. Accern also gave media stories about the financial services provider an impact score of 46.4612920446966 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next several days. Arvest Bank Trust Division's holdings in Bank of America were worth $29,275,000 as of its most recent filing with the Securities and Exchange Commission. Mai Cap reported 443,897 shares. (NYSE:CF). Van Eck Associate has invested 0.58% in CF Industries Holdings, Inc. Wendell David reported 0.04% of its portfolio in Waste Management, Inc.