Published: Sat, January 13, 2018
Business | By Tara Barton

Bank of America Corp (BAC) Stake Lifted by Cliftonlarsonallen Wealth Advisors LLC

Bank of America Corp (BAC) Stake Lifted by Cliftonlarsonallen Wealth Advisors LLC

Check Capital Inc Ca has 20,757 shares for 0.02% of their portfolio. The company has market cap of $325.23 billion. The stock increased 1.23% or $0.93 during the last trading session, reaching $76.49. About 39.59M shares traded. WhiteHorse Finance, Inc. (WHF) has risen 42.42% since January 12, 2017 and is uptrending. It has outperformed by 19.11% the S&P500.

Doheny Asset Management increased Bank Of America Corp (BAC) stake by 26.86% reported in 2017Q3 SEC filing. Trust Department Mb Financial Bank N A sold 6,759 shares as the company's stock rose 1.55% with the market. The institutional investor held 28.97M shares of the major banks company at the end of 2017Q3, valued at $734.17M, down from 30.05M at the end of the previous reported quarter. Pettyjohn Wood & White Inc who had been investing in Western Union Co for a number of months, seems to be less bullish one the $9.65 billion market cap company.

USB traded at an unexpectedly high level on 11/01/2018 when the stock experienced a 0.85% gain to a closing price of $56.68.

Institutions own 68.89% of Bank of America Corporation (BAC)'s shares. It has outperformed by 18.90% the S&P500.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.25, from 1.4 in 2017Q2. 118 funds opened positions while 525 raised stakes. Andra Ap invested in 0.22% or 377,300 shares. The company provides unmatched convenience in the United States, serving approximately 47 million consumer and small business relationships with approximately 4,500 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 34 million active users, including approximately 24 million mobile users. Northern invested 0.07% in M&T Bank Corporation (NYSE:MTB). Grantham Mayo Van Otterloo And Limited Liability Company reported 59,544 shares. Old West Inv Management Limited Liability Corp owns 0.96% invested in Bank of America Corporation (NYSE:BAC) for 72,177 shares. Geode Capital Mgmt Ltd Liability accumulated 0% or 65,074 shares. Alexandria Capital Limited Liability Com owns 40 shares. Bridgeway Capital Management Inc, a Texas-based fund reported 25,170 shares. Balyasny Asset Limited Liability Com holds 175,846 shares. Quinn Opportunity Lc, a New York-based fund reported 411,500 shares. Amp Cap Invsts reported 79,181 shares or 0.07% of all its holdings. Jefferies Group analyst K. Usdin forecasts that the financial services provider will post earnings of $0.58 per share for the quarter. Clearline Capital Lp bought 53,299 shares as the company's stock declined 23.17% while stock markets rallied. Bank of America makes up approximately 11.2% of Seminole Management Co. 1 of these were buys and 3 were sells. Therefore 67% are positive. M&T Bank had 77 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was upgraded by Robert W. Baird to "Neutral" on Tuesday, August 25. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, eighteen have assigned a buy rating and two have assigned a strong buy rating to the company. The stock has "Hold" rating by Jefferies on Thursday, October 5. BMO Capital Markets maintained it with "Hold" rating and $27.0 target in Friday, October 6 report. The rating was maintained by Sterne Agee CRT with "Buy" on Friday, October 2. On Wednesday, January 11 the stock rating was upgraded by Societe Generale to "Buy". The rating was maintained by Stifel Nicolaus with "Hold" on Wednesday, September 13. As per Thursday, April 7, the company rating was maintained by JP Morgan.

Since August 4, 2017, it had 0 insider purchases, and 6 sales for $7.10 million activity. Another trade for 15,470 shares valued at $2.59M was made by Wehner David M. on Monday, August 21. Comstock Elizabeth J sold $633,375 worth of General Electric Company (NYSE:GE) on Wednesday, August 9. Veltmaat Hans Bernd sold $49,892 worth of stock or 750 shares. The hedge fund run by Douglas T. Granat held 596,752 shares of the basic industries company at the end of 2017Q3, valued at $32.75M, down from 766,999 at the end of the previous reported quarter. Vanguard Group Inc. lifted its stake in shares of Bank of America by 1.4% in the 2nd quarter. It also reduced its holding in Qualcomm Inc (NASDAQ:QCOM) by 16,983 shares in the quarter, leaving it with 194,399 shares, and cut its stake in 3M Co (NYSE:MMM).

Honing in on This Dividend Stock: Golar LNG Partners LP (NasdaqGS:GMLP)
Zacks Investment Research cut Golar LNG Partners from a "hold" rating to a "sell" rating in a research report on Tuesday. Kayne Anderson Capital Advisors LP raised its stake in shares of Golar LNG Partners by 3.2% in the third quarter.

The data from the past twelve months tells a similar story: insiders executed 8 buys and 51 sells, and ownership decreased by a net of 2.12 million shares.

Investors sentiment decreased to 1.04 in 2017 Q3. This represents a $0.48 dividend on an annualized basis and a yield of 1.54%. It dived, as 68 investors sold Bank of America Corporation shares while 569 reduced holdings.

A number of hedge funds and other institutional investors have recently made changes to their positions in BAC. After $0.48 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth. (NYSE:C) on Friday, July 8 to "Market Perform" rating. 19,462 are owned by Destination Wealth Management. Acg Wealth owns 65,160 shares or 0.28% of their USA portfolio. 64,224 were accumulated by Pacific Alternative Asset Management Company Limited Company.

Bank of America Corporation is a bank holding company and a financial holding company.

Bank of America declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, December 5th that permits the company to repurchase $5.00 billion in outstanding shares. Parsons Management Ri reported 0.18% stake. Keybank Natl Association Oh invested 0% of its portfolio in AGCO Corporation (NYSE:AGCO). Frontier Investment Mgmt accumulated 0.17% or 11,849 shares.

Analysts have given a mean recommendation of 2.10 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Therefore 66% are positive. Citigroup Inc. had 108 analyst reports since July 21, 2015 according to SRatingsIntel. As per Monday, May 16, the company rating was downgraded by Keefe Bruyette & Woods. Keefe Bruyette & Woods has "Buy" rating and $2700 target. Williams Jones & Associates Limited Co owns 1.04% invested in Bank of America Corporation (NYSE:BAC) for 1.67 million shares.

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