Bank of America Corporation

Bank of America Corp

Fort Point Capital Partners LLC acquired a new stake in shares of Bank of America Corporation (NYSE:BAC) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in worldwide markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other. On average, equities research analysts anticipate that Bank of America Corporation will post $1.82 EPS for the current year.

Shares of Bank of America Corporation (NYSE BAC) opened at 23.86 on Friday. About 38.83M shares traded. RBC Capital Markets maintained Bank of America Corp (NYSE:BAC) rating on Tuesday, July 18. It has outperformed by 41.94% the S&P500.

Lazard Asset Management Llc decreased Icici Bank Adr (IBN) stake by 50.34% reported in 2016Q4 SEC filing. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 652,377,332 shares of the stock are valued at $16.14 billion. Texas Permanent School Fund holds 0.05% of its portfolio in Laboratory Corp. of America Holdings (NYSE:LH) for 30,855 shares. Csx Corp Com now has $46.24 billion valuation. Moors And Cabot accumulated 163,120 shares or 0.59% of the stock. It is down 130.51% since August 11, 2016 and is uptrending. It has outperformed by 28.62% the S&P500. It also reduced Hewlett Packard Enterprise Company stake by 533,568 shares and now owns 10.26 million shares. Financial Prtn Cap Ltd holds 0.09% or 17,374 shares. Spdr S&P 500 Etf Tr (SPY) was reduced too.

Several analysts have released their opinion on Bank of America Corporation (NYSE:BAC), with 9 analysts believing it is a strong buy. Therefore 44% are positive. Bank of America had 74 analyst reports since July 21, 2015 according to SRatingsIntel. The company was upgraded on Tuesday, September 1 by Robert W. Baird. UBS upgraded the stock to "Neutral" rating in Monday, January 4 report. CIBC reissued an "outperform" rating on shares of Bank of America Corporation in a research note on Tuesday, July 11th. BMO Capital Markets initiated Microsoft Corporation (NASDAQ:MSFT) on Friday, January 8 with "Outperform" rating. Cantab Cap Partners Llp has invested 0% in Bank of America Corp (NYSE:BAC). Renaissance Macro Securities LLC maintained it with "Buy" rating and $2900 target in Sunday, July 23 report. The company was maintained on Thursday, August 10 by Wells Fargo. On Wednesday, January 20 the stock rating was upgraded by Sandler O'Neill to "Buy". The stock of Microsoft Corporation (NASDAQ:MSFT) has "Overweight" rating given on Thursday, December 22 by Piper Jaffray. The company was downgraded on Monday, May 16 by Keefe Bruyette & Woods.

Man City keeper Ederson: Pep Guardiola said to forget price tag
It could be the returning striker who leads the way to the Premier League or Champions League in the second half of this season. Gabriel Jesus is hoping the competition between him and Sergio Aguero can inspire Manchester City to greatness this season.

Investors of record on Friday, September 1st will be paid a dividend of $0.12 per share. This represents a $0.48 dividend on an annualized basis and a yield of 1.99%.

A number of other institutional investors have also recently modified their holdings of LH. 45 funds opened positions while 112 raised stakes. Baltimore Washington Financial Advisors Inc. boosted its position in Laboratory Corporation of America Holdings by 1.1% in the fourth quarter. (NYSE:MET) stake by 97,070 shares to 4.18M valued at $225.09M in 2016Q4. Rowland And Invest Counsel Adv reported 0% stake. Public Employees Retirement Association Of Colorado holds 1.99 million shares. The insider now directly owns 40,314 shares worth $972,374.

Laboratory Corporation of America Holdings is a life sciences company that is integrated in guiding patient care, providing clinical laboratory and end-to-end drug development services. Atwood & Palmer holds 2,250 shares or 0.04% of its portfolio. Camarda Financial Advisors Llc, a Florida-based fund reported 15,669 shares.

Bank of America Corporation declared that its Board of Directors has approved a share buyback plan on Wednesday, June 28th that allows the company to repurchase $12.00 billion in shares. Gemmer Asset Mngmt has invested 0% of its portfolio in TechnipFMC plc Ordinary Share (NYSE:FTI). Baldwin Brothers Ma reported 338,827 shares. Company shares have been seen trading -12.21% off of the 52 week high and 6.59% away from the 52 week low. Holt Cap Ltd Liability Corporation Dba Holt Cap Ptnrs LP stated it has 429,999 shares. Crawford Inv Counsel has invested 0.02% in Deere & Company (NYSE:DE). Its up 0.11, from 0.75 in 2016Q3. OLD National Bancorp IN raised its stake in stocks of Bank of America Corporation by 10.6% in the Fiscal Q2. 649.07 million shares or 2.31% more from 634.41 million shares in 2016Q3 were reported. Lastly, UBS AG reiterated a "neutral" recommendation and fixed a $26.00 target price on the stock of Bank of America Corporation in a study note published on Fri, Jul 21st. Creative Planning holds 0% in ICU Medical, Incorporated (NASDAQ:ICUI) or 160 shares. Elkfork Partners LLC now owns 12,936 shares of the medical research company's stock valued at $1,856,000 after buying an additional 308 shares in the last quarter. Summit Secs Group Lc holds 2.11% or 438,500 shares in its portfolio. The stock experienced -2.51% slump, arriving at $24.12 on 8/10/2017. Eagle Capital Management Limited, New York-based fund reported 34.37 million shares. Walleye Trading Limited holds 0.01% or 37,656 shares. 16,900 are held by Peak Asset Ltd Limited Liability Company. Lafayette Invests holds 0.49% or 78,375 shares. Moreover, Shell Asset Management Com has 0.09% invested in CSX Corporation (NASDAQ:CSX) for 95,277 shares.

Related News:

  • Stocks slide on continued concern over tension between United States and North Korea

    The S&P hasn't moved more than 0.5 percent in one day since July and has fallen more than 1 percent only twice this year. Gold is often seen as a safe haven for investors during uncertain times, such as the heated exchanges between U.S.
    Trump Speaks to Guam Governor About... Tourism?

    Trump Speaks to Guam Governor About... Tourism?

    Mr Trump agrees, saying "They should have had me in years ago. frankly you could have said that for the last three presidents". The mayor of Guam recorded the candid, 3-minute phone conversation with Trump and posted it to his Facebook page .
    Safety Tips for Watching the Solar Eclipse

    Safety Tips for Watching the Solar Eclipse

    People across the country and here in eastern North Carolina are getting geared up for the highly anticipated eclipse. Will you be watching the eclipse? . "These little lines cross the Earth over the period of hundreds of years".
  • Here's where the clearest skies will be during the total solar eclipse

    Here's where the clearest skies will be during the total solar eclipse

    So what will the sun look like your proper glasses? Walmart has nearly everything, and solar eclipse glasses are not an exception. With just more than a week left, much of Western Kentucky is gearing up to become the epicenter of the 2017 total solar eclipse .
    UNF faculty member & former UN Ambassador criticizes Trump's

    UNF faculty member & former UN Ambassador criticizes Trump's "fire and fury"

    Ben Cardin, the Foreign affairs committee's top Democrat, compared Trump's comments to those issued by North Korea itself. That means you don't understand what the words secretaries of state means.
    There has been a possible 'rally cat' sighting in St. Louis

    There has been a possible 'rally cat' sighting in St. Louis

    Louis Feral Cat Outreach , where volunteers are treating the cat and helping it recover before preparing it for adoption. Later in the morning, a board member of the outreach confirmed the cat they had in their possession was the Rally Cat.
  • North Korea says no negotiations over its nukes

    North Korea says no negotiations over its nukes

    He said Washington would not "specify a specific number of days or weeks" before deciding North Korea had indeed halted its tests. Security Council unanimously approved new sanctions on North Korea Saturday, including banning exports worth over $1 billion.
    Investment Banker Arrested, Denies Pushing Woman Into London Bus Path

    Investment Banker Arrested, Denies Pushing Woman Into London Bus Path

    A Met Police spokesman said: 'Enquiries continue to identity the jogger who pushed the female pedestrian into the road'. CCTV showed the bus swerving, narrowly avoiding the 33-year-old woman , who suffered minor injuries, at around 7.40am.
    West Ham look to tie Liverpool target Lanzini to new deal

    West Ham look to tie Liverpool target Lanzini to new deal

    Ayew endured a frustrating debut campaign last season largely due to injury but appears to be in top shape. West Ham forked out £16million to Bayer Leverkusen to bring Hernandez back to England this summer.
  • Android O Release Delayed? Official Name to Be Declared on August 21

    Android O Release Delayed? Official Name to Be Declared on August 21

    This unconfirmed new rumor claims that the Pixel smartphones won't be getting the new Android O update in the mid-august. The search giant made the announcement at its annual developers conference, Google I/O, in Moutain View, California.

    TSX opens lower as US-North Korea tensions weigh

    They are looking for confirmation the Fed is sticking with plans for a possible December interest rate hike. The 30-year bond was last up 4/32 in price to yield 2.7871 per cent, from 2.794 per cent late on Thursday.
    'Toilet: Ek Prem Katha' mints over Rs 13 crore on opening day!

    'Toilet: Ek Prem Katha' mints over Rs 13 crore on opening day!

    Meanwhile, Akshay Kumar thanked the Desperado and Wild Wild West star for supporting their "small effort" to end open defecation. Due to clash with 'Toilet Ek Prem Katha' , the Hindi film received decent response on 8th day of its release.


Most liked

Tears expected to flow at Justine Damond memorial
Ruszczyk said his daughter was killed by a bullet, that was sacked by an agent of the state, and he will continue to seek justice. He read some of the uplifting messages she would free-write every morning and called her a "living example of self-mastery".

Science teacher headed to SC for eclipse
Everyone above 96th Street saw totality - when the moon completely covers the disk of the sun - and everyone below did not. If your skies turn out to be overcast on the day of the eclipse, there's still ways that you can take part in the event.

Tottenham boss Mauricio Pochettino reassures fans that signings will be made
Back in May he was rewarded with a new five-year contract, so Tottenham might have to break the bank if they are to sign him. He said the club is calm and doesn't understand why it's such a big problem this year.

Angelina Jolie 'calls off' divorce with Brad Pitt
Angie is now the owner of a $25 million estate in Los Angeles which is only one mile away from Brad's Los Feliz house. Angelina and Brad , who became known as 'Brangelina , ' met on the set of their film Mr.

Zidane delighted ahead of new Madrid deal
The FC crew look at Barcelona as underdogs against rivals Real entering their two-legged showdown in the Spanish Super Cup. But in the end, Barcelona is Barcelona. "We're all fit, healthy, physically we're in good condition.

Guardiola has Man City playing like Barcelona - Toure
I'm not going to change the way I want to play". "I know it's a big responsibility considering I have become one of the most expensive goalkeepers".

Nuclear confrontation with North Korea would be "catastrophic": Mattis
Military action should not be an option when confronting the problem of escalating tensions with North Korea, US Congresswoman Carolyn Maloney said in a statement.

Trump touts USA nuclear arsenal amid standoff with North Korea
Brenda Lawrence, D-Southfield, urging direct negotiations between North Korea and the United States. Japan and South Korea vowed a strong reaction if the North were to go through with the plan.

(T) Price Target to C$50.00
Finally, BidaskClub upgraded TELUS Corporation from a "hold" rating to a "buy" rating in a research note on Tuesday, June 20th. If you are reading this news story on another website, it was stolen and reposted in violation of worldwide copyright laws.

Jesus welcomes Aguero competition on trophy charge for Manchester City
But we can not forget that when we do something better than last season it's because we've been one year together. In the 34 years since we have experienced highs and very many lows.

Kyrie Irving prefers Clippers, Blake Griffin pairing
This saga will continue as the National Basketball Association revealed small pieces of next season's schedule this past week. That list initially included multiple teams, but it is now being reported that Irving has narrowed down his options.

Gold Price Hits Highest Levels In Two Months
On the currency markets, the pound was up 0.03% against the dollar at $1.2981 but down 0.23% against the euro at 1.0999 euros. In other precious metal trade, silver futures rose 1.01% to $17.034 while platinum futures rose by 0.36% to $990.15.

As Rhetoric Escalates, What Do We Know About North Korea's Nuclear Arsenal?
A THAAD battery includes a truck-mounted launcher, tracking radar, interceptor missiles and an integrated fire control system. It has limited self-government, with a popularly elected governor, small legislature, and non-voting delegate in the U.S.

Everton manager Ronald Koeman confident Swansea's Gylfi Sigurdsson deal will go through
Sigurdsson's last appearance for Swansea was their first pre-season friendly at Barnet on July 12. We have seen it before. "So we're as ready as we can be".

China protests U.S. ship near South China Sea island
Since 1985 Brunei has claimed a continental shelf that overlaps a southern reef but has not made any formal claim to the reef. Mabini (Johnson) Reef part of the disputed islands China has built up in the South China Sea.