The institutional investor held 149,875 shares of the industrial machinery and components company at the end of 2017Q4, valued at $6.24M, up from 141,750 at the end of the previous reported quarter.
Cubist Systematic Strategies Lc holds 0.11% or 71,416 shs. Sterling Strategies Limited Com reported 1.93% stake.
Following the Bank of America earnings release for Q1 2018, the firm's stock climbed almost 1% in premarket trading, rising as high as $30.08 per share ahead of the bell.
Bringing Costs Down Bank of America posted its lowest expense-to-revenue ratio in years Source Company filings
Bank of America said Monday's profit was the highest for any quarter in its history. Ironwood Investment Management Llc, a Massachusetts-based fund reported 117,245 shares. M&T Bank shares fell 2.13 percent to close at $183.16 on Friday. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Hall Laurie J Trustee invested in 0.24% or 14,074 shares. Shell Asset Mgmt holds 1.51 million shares or 0.88% of its portfolio. With 300 avg volume, 8247 days are for SOHO CHINA LTD ORDINARY SHARES CAYM (OTCMKTS:SOHOF)'s short sellers to cover SOHOF's short positions. Tiger Limited Co reported 4.03% of its portfolio in Bank of America Corporation (NYSE:BAC).
The stake In Bank Amer Corp (BAC) was rose held by Lourd Capital Llc. The Manufacturers Life Insurance Company now owns 44,136,977 shares of the financial services provider's stock worth $1,070,762,000 after buying an additional 9,612,342 shares during the period.
Regional Health Properties Inc (NYSE: RHE) reported Q4 loss from continuing operations of $0.08 per share, versus earnings of $0.33 per share in the year-ago quarter. It operates through four divisions: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets.The P/E ratio is 19.11. Regional Health Properties shares rose 0.56 percent to $0.36 in the after-hours trading session. The stock outperformed the S&P 500 by 16.63%. 311,747 are held by Maple Cap Mngmt Inc. It also increased its holding in Alibaba Group Hldg Ltd (NYSE:BABA) by 43,864 shares in the quarter, for a total of 75,045 shares, and has risen its stake in Raytheon Co (NYSE:RTN).More news: Thousands of protesters take to the streets in Armenian capital
We can add Bank of America Corp (NYSE:BAC) to the list of financial giants that had a stellar first quarter. Last quarter $0.47 earnings per share was reported.
The bank, which is based in Charlotte, North Carolina, said its earnings per share came to US$0.62 per share in the first quarter on US$6.92bn in net income, which beat the expectations of analysts who had predicted that the bank would earn US$59 per share or US$6.3bn. Birinyi Assocs has 0.21% invested in Bank of America Corporation (NYSE:BAC). The positive are 77%. The new policy made Bank of America one of several US financial institutions to break ties with gunmakers following the February 14 mass shooting massacre at Marjory Stoneman Douglas High School in Parkland, Florida. $33.63's average target is 12.85% above currents $29.8 stock price.
Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. As per Tuesday, December 12, the company rating was maintained by Keefe Bruyette & Woods. The company rating was maintained by Oppenheimer on Monday, March 26. CLSA maintained the stock with "Outperform" rating in Friday, September 23 report. The company was maintained on Wednesday, January 17 by BMO Capital Markets.More news: Turkey Won't Refuse to Cooperate With Russia, Iran on Syria - Deputy PM
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter. Keefe Bruyette & Woods maintained Bank of America Corporation (NYSE:BAC) on Sunday, August 13 with "Buy" rating. Goldman Sachs and Morgan Stanley, which both report results later this week, are higher in early trade.More news: Jose Mourinho: Manchester United "were masters in complication"