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.

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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.

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