ibusinesslines.com
ibusinesslines.com August 18, 2017


Bank of America Corporation (BAC) Upgraded at Vetr Inc

20 June 2017, 10:26 | Kelvin Horton

Therefore 59% are positive. Target Corporation had 49 analyst reports since July 21, 2015 according to SRatingsIntel. Mizuho maintained it with "Buy" rating and $18 target in Thursday, February 11 report. As per Thursday, December 1, the company rating was downgraded by Standpoint Research. As per Friday, April 7, the company rating was maintained by Wood. After $0.32 actual earnings per share reported by Holly Energy Partners, L.P. for the previous quarter, Wall Street now forecasts 46.88% EPS growth. Mizuho maintained Hortonworks Inc (NASDAQ:HDP) on Tuesday, January 19 with "Buy" rating.

The company also recently announced a quarterly dividend, which will be paid on Friday, June 30th.

Pointstate Capital Lp decreased Bank Amer Corp (BAC) stake by 67.83% reported in 2016Q4 SEC filing. Centre Asset Llc invested 1.88% of its portfolio in Bank of America Corp (NYSE:BAC). Duquesne Family Office Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $239.98B market cap company.

In related news, Director Thomas D. Woods bought 25,000 shares of Bank of America Corporation stock in a transaction dated Thursday, April 27th. About 26.50 million shares traded.

Shares of Bank of America Corporation (BAC) opened at 23.91 on Thursday. It has outperformed by 41.94% the S&P500. Louisiana State Employees Retirement Systems stated it has 0.72% of its portfolio in Bank of America Corp (NYSE:BAC). They expect $0.48 earnings per share, up 33.33% or $0.12 from last year's $0.36 per share. BAC's profit will be $4.87B for 12.36 P/E if the $0.48 EPS becomes a reality. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating, twenty-four have given a buy rating and two have assigned a strong buy rating to the company's stock. Therefore 63% are positive. The stock has "Hold" rating by Macquarie Research on Tuesday, September 1. The firm has "Outperform" rating given on Monday, August 24 by KBW. The firm earned "Overweight" rating on Tuesday, September 27 by Morgan Stanley. The firm earned "Outperform" rating on Saturday, September 5 by Oppenheimer. The rating was upgraded by Bernstein to "Mkt Perform" on Tuesday, August 25. Jefferies maintained the stock with "Buy" rating in Wednesday, October 7 report. Berenberg initiated the stock with "Buy" rating in Wednesday, July 13 report. Great Point Partners Llc owns 1.96 million shares or 0.85% of their USA portfolio. It increased, as 62 investors sold BAC shares while 560 reduced holdings. Dimensional Fund Advisors LP raised its position in Bank of America Corporation by 12.9% in the fourth quarter. Trilogy Ltd Partnership accumulated 1.09% or 1.47M shares.

Before looking at the financial values or the trading statistics of Bank of America Corporation (BAC), we will start our analysis with the SMA or Simple Moving Average values. Zacks Investment Research lowered shares of Bank of America Corporation from a buy rating to a hold rating in a research report on Wednesday, March 15th. Exane Derivatives holds 0% or 52,503 shares. Aperio Grp Ltd has 3.69M shares for 0.62% of their portfolio. Cornerstone Inc holds 0.48% or 118,300 shares in its portfolio. Highstreet Asset Mngmt Incorporated accumulated 56,919 shares. Gam Ag invested 0.56% of its portfolio in Bank of America Corp (NYSE:BAC).


More notable recent Bank of America Corp (NYSE:BAC) news were published by: Benzinga.com which released: "Bank of America Upgraded To 3.5 Stars By Vetr" on June 16, 2017, also Investorplace.com with their article: "Buy Bank of America Corp (BAC) Stock for a almost 20% Discount" published on June 19, 2017, Reuters.com published: "Bank of America targets growth in worldwide cash management" on June 14, 2017. Peapack Gladstone stated it has 0% in Bank of America Corp (NYSE:BAC).

Rob Butts increased its stake in Ss&C Technologies Hldgs Inc (SSNC) by 15.71% based on its latest 2016Q4 regulatory filing with the SEC.

Analysts await Holly Energy Partners, L.P. (NYSE:HEP) to report earnings on August, 1. The Company's product offerings include Hortonworks Data Platform, Hortonworks Sandbox and Hortonworks DataFlow Platform (HDF). It now has negative earnings. Also Investorplace.com published the news titled: "Think Sanofi SA (ADR) (SNY) Stock When You Think Big Pharma" on December 09, 2016. Its up 0.38, from 1.24 in 2016Q3. It increased, as 13 investors sold Hortonworks Inc shares while 17 reduced holdings. UBS Asset Management Americas Inc. raised its position in Bank of America Corporation by 25.5% in the fourth quarter. The New York-based Millennium Ltd Limited Liability Company has invested 0% in Hortonworks Inc (NASDAQ:HDP).

"COPYRIGHT VIOLATION WARNING: "[[title]]" was first reported by [[site]] and is owned by of [[site]]. Wills Financial Gp invested in 0.22% or 12,203 shares. The fund purchased 16,682 shares of the financial services provider's stock, valued at approximately $391,000. Moreover, Northwestern Mutual Wealth has 0% invested in Potbelly Corp (NASDAQ:PBPB). 30,411 are owned by Manufacturers Life Insurance The. Ruggie owns 2,075 shares. Wells Fargo & Com Mn accumulated 27,844 shares or 0% of the stock. Ronald Blue And Ltd Liability Corp has 111,120 shares. Boltwood Cap reported 9,262 shares or 0.16% of all its holdings. Penn Cap Mngmt Inc reported 1.81 million shares. Creative Planning owns 700 shares. Montag A Assoc holds 0.74% or 283,758 shares in its portfolio. About 54,844 shares traded. Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) has risen 0.41% since June 20, 2016 and is uptrending. It has outperformed by 9.72% the S&P500.

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 daily email newsletter.



Other News

Trending Now

Waddell & Reed Financial (WDR) Earning Positive Press Coverage, Analysis Finds
Finally, SG Americas Securities LLC increased its stake in shares of Waddell & Reed Financial by 55.8% in the first quarter. The VC1 of Waddell & Reed Financial, Inc. (NYSE:WDR) earned "Underperform" rating by Credit Suisse on Monday, January 4.

London tower fire: 58 people confirmed or presumed dead, says London Police
Meanwhile, British Prime Minister Theresa May admitted that support for families in the "initial hours" was " not good enough ". She also pledged 5 million pounds of support, housing guarantees and help with access to bank accounts and cash.

Lockheed in pact with Tata to build F-16s in India
This offers defense investors enough reason to root for more such cross-country defense partnerships in the coming days. TASL and Lockheed Martin are now trying to persuade the Indian government by offering a lucrative proposal.

Microsoft Rolls Out 'Stream' Video Platform for Businesses
In addition, the service also gained integrations with Office 365 Groups, Microsoft Teams , Yammer , OneNote, and SharePoint. Sood expects that the majority of, if not all, Office 365 Video users will be migrated to Stream by the end of this year.

Is President Trump Under Investigation? Here's What We Know
Sekulow again said Trump is not under investigation, to which Cuomo responded "you don't know whether or not that's true". Comey actually exist - or it could lead to the White House being hit with a congressional subpoena.

Keryx Biopharmaceuticals (KERX) Getting Positive News Coverage, Analysis Finds
The biopharmaceutical company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.18) by $0.03. The Company is engaged in the manufacture, development and commercialization of products for use in treating human diseases.

Global Magnesium Chloride Market Research Report 2017
The report classifies the Car Air Purifier market in the globe into various segments on the basis of several industry verticals. The vast market research data included in the study is the result of extensive primary and secondary research activities.