CAPROCK Group Inc. Acquires 963 Shares of Bank of America Corp (BAC)

Author

29 May, 2017

Proficio Capital Partners LLC raised its stake in shares of Bank of America Corp by 5.7% in the third quarter. Bank Amer Corp Com now has $231.18 billion valuation. The stock has a 50-day moving average price of $23.37 and a 200-day moving average price of $22.93. About 50.40 million shares traded. Finally, Zions Bancorporation raised its stake in shares of Bank of America Corp by 11.6% in the fourth quarter. It has outperformed by 41.94% the S&P500. Hartline Investment Corp sold 87,293 shares as Skechers U S A Inc Cl A (SKX)'s stock declined 10.77%. Supplemental Annuity Collective Of Nj holds 149,573 shares. The stock increased 0.53% or $0.83 on May 26, reaching $156.64. Smead Cap Mngmt has 5.93% invested in Bank of America Corp (NYSE: BAC) for 5.29 million shares. It has underperformed by 96.09% the S&P500.

Among 26 analysts covering Bank of America (NYSE: BAC), 16 have Buy rating, 0 Sell and 10 Hold. Bank of America Corp has a 12 month low of $12.05 and a 12 month high of $25.80. More interesting news about Bank of America Corp (NYSE: BAC) were released by Bostonglobe.com and their article: "Bank of America, other banks retooling their branches" published on May 05, 2017 as well as Nasdaq.com's news article titled: "One Put, One Call Option To Know About for Bank of America" with publication date: May 22, 2017.

In other news, Director Thomas D. Woods purchased 25,000 shares of the stock in a transaction on Thursday, April 27th. Robert W. Baird upgraded Bank of America Corp (NYSE: BAC) rating on Tuesday, August 25. The firm has "Buy" rating given on Tuesday, September 1 by Bernstein. Wood downgraded it to "Market Perform" rating and $16 target in Monday, May 16 report. The stock has "Outperform" rating by Credit Agricole on Friday, January 29. The firm has "Neutral" rating given on Tuesday, April 4 by Citigroup.

Investors sentiment increased to 1.1 in Q4 2016. This represents a $0.30 annualized dividend and a dividend yield of 1.29%. It increased, as 62 investors sold BAC shares while 560 reduced holdings. 207 funds opened positions while 479 raised stakes. Thrivent Financial For Lutherans owns 12.70M shares or 1.25% of their USA portfolio.

Bank of America Corp (NYSE: BAC) traded down 0.04% during trading on Monday, reaching $23.24. Commerce Natl Bank holds 0.12% of its portfolio in Bank of America Corp (NYSE: BAC) for 357,195 shares. Systematic Fincl Mgmt Lp reported 1.46M shares or 0.51% of all its holdings. 1832 Asset Lp, Ontario - Canada-based fund reported 1.70 million shares. Birinyi Associate stated it has 16,250 shares. KBW upgraded Bank of America Corp (NYSE: BAC) on Tuesday, September 1 to "Buy" rating. Zacks Investment Research cut shares of Bank of America Corp from a "buy" rating to a "hold" rating in a research report on Monday, April 24th.

More notable recent Bank of America Corp (NYSE:BAC) news were published by: Nasdaq.com which released: "One Put, One Call Option To Know About for Bank of America" on May 22, 2017, also Investorplace.com with their article: "Why Bank of America Corp (BAC) Stock Will Keep Leading the Pack" published on May 24, 2017, Bostonglobe.com published: "Bank of America, other banks retooling their branches" on May 05, 2017. After having $0.41 EPS previously, Bank of America Corp's analysts see 17.07 % EPS growth. CAPROCK Group Inc. now owns 29,618 shares of the financial services provider's stock worth $699,000 after buying an additional 963 shares during the period. Numeric Investors Ltd Liability Com invested in 0% or 1,800 shares. IFC Holdings Fl holds 0.12% of its portfolio in Cummins Inc. Novare Cap Mgmt Limited Com holds 0.49% or 90,829 shares. It also upped Novocure Limited stake by 54,907 shares and now owns 195,848 shares. Therefore 73% are positive. Bank of America Corp's dividend payout ratio (DPR) is presently 21.74%. Standpoint Research downgraded Skechers USA Inc (NYSE: SKX) on Thursday, March 16 to "Hold" rating. The firm has "Hold" rating given on Tuesday, November 8 by Deutsche Bank. The company was maintained on Tuesday, July 21 by Jefferies. The stock has a consensus rating of "Buy" and a consensus price target of $22.73. The stock of Skechers USA Inc (NYSE: SKX) earned "Neutral" rating by Susquehanna on Friday, August 12. The firm has "Underweight" rating by Morgan Stanley given on Wednesday, October 28. $487,140 worth of stock was sold by PACCIONE PHILLIP on Thursday, March 2. Shareholders of record on Friday, June 2nd will be issued a $0.075 dividend. Its down 0.10, from 0.92 in 2016Q3. It fall, as 44 investors sold Cummins Inc. shares while 270 reduced holdings. 0 funds opened positions while 0 raised stakes. 30,616 were reported by Pub Employees Retirement Association Of Colorado. Shikiar Asset Mngmt Inc reported 349,724 shares. Boston Partners now owns 70,114,663 shares of the financial services provider's stock valued at $1,097,295,000 after buying an additional 6,837,523 shares in the last quarter. Norris Perne And French Limited Liability Partnership Mi holds 18,723 shares. Chemical National Bank & Trust has invested 0.14% of its portfolio in Cummins Inc. 7,500 were accumulated by Van Hulzen Asset Lc. (NYSE: CMI). Cetera Advisor Network Ltd Liability Corp owns 6,363 shares. Sterling Capital Limited Co stated it has 62,665 shares. Contravisory Management reported 0% stake.

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.


More news


  • Donald in 'tough' NATO & EU talks

    Prime Minister of Luxembourg, Xavier Bettel, appeared to snicker to French President Emmanuel Macron while covering his mouth. Secretary of State Rex Tillerson did not rule out before the summit at an explicit declaration of support.

    Athenahealth, Inc (ATHN) Given New $148.00 Price Target at Dougherty & Co

    Investors sentiment increased to 1.11 in Q4 2016. 3,160 are owned by Brandywine Managers Ltd Limited Liability Company. Therefore 43% are positive. athenaHealth had 30 analyst reports since July 27, 2015 according to SRatingsIntel.

    N.Korea's missile launches seen as pressure on Moon administration -S.Korea

    The North has been pushing to develop a wide range of weapon systems since early previous year at an unprecedented pace. Washington says it is willing to enter into talks with Pyongyang, but only if it halts its missile and nuclear tests.
  • Manchester attacks: MI5 probes bomber 'warnings'

    Manchester attacks: MI5 probes bomber 'warnings'

    Investigators have searched 17 properties, including Abedi's home in south Manchester and other houses in nearby districts. Last week, Prime Minister Theresa May said Abedi had been under the radar "up to a point".

    Kim Kardashian Says Kendall Jenner Isn't in Taylor Swift's Squad

    Is Kim Kardashian West throwing some squad shade? Kim Kardashian is opening up about her short marriage to ex Kris Humphries . Everyone seemed to be curious about just what these outspoken individuals got to chatting about.
    Fox cub spent days hiding inside family home

    Fox cub spent days hiding inside family home

    The homeowner had noticed "a smell" and when her cat began "standing guard" by the sofa, she made a decision to investigate. A British family had no idea they were living with a fox cub for several days, before it was found hiding in the sofa.
  • United Kingdom  said to halt U.S.  intel sharing on Manchester probe after leaks

    United Kingdom said to halt U.S. intel sharing on Manchester probe after leaks

    The Conservatives and Labour are to resume local general election campaigning on Thursday, and national campaigning on Friday. Abedi was born in Manchester in 1994 to parents of Libyan origin, according to U.S. sources citing British contacts.

    Trump delays decision on climate agreement

    During the presidential campaign, Trump repeatedly referred to the Paris deal as a jobs killer. The G7 countries are: Canada, France, Italy, Japan, Germany, the USA , and the UK.

    FA Cup unlikely to have any bearing on future: Wenger

    The first coach to win the FA Cup seven times . "I am convinced we were hurt by the uncertainty about my future with the players", Wenger said.
  • Viral video of Donald Trump shoving Montenegro's prime minister!

    Viral video of Donald Trump shoving Montenegro's prime minister!

    President Trump also reportedly ordered the Justice department to launch investigation into the leaks from the Manchester blasts. The Times has been the frequent target of attacks by Trump, who has called the newspaper "fake news " and "failing".
    Gal Gadot shimmers at Wonder Woman World Premiere

    Gal Gadot shimmers at Wonder Woman World Premiere

    Hopefully more and more people begin to understand that. " People take issue with it, but I'd rather have that than play games". Oh my God, everything. "We wanted to do her story that kind of justice so every day felt like we had that monkey on our back".
    Trump was 'exhausted' when he deviated from prepared Saudi speech

    Trump was 'exhausted' when he deviated from prepared Saudi speech

    Turning to the prime minister, who joined him for the speech, Trump said, "Benjamin Netanyahu wants peace". The next day, he is set to meet with Abbas in the West Bank and deliver a speech at the Israeli Museum.