Bank of America Corporation

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18 July, 2017

The stock increased 0.28% or $0.21 on July 14, reaching $74.06.

Shares of Bank of America Corporation (BAC) traded down 0.6084% during midday trading on Monday, hitting $24.0627. Moreover, Wright has 0.55% invested in Bank of America Corp (NYSE:BAC). It has outperformed by 41.94% the S&P500. The stock has "Buy" rating by Needham on Wednesday, December 16. Autozone Inc. has $900 highest and $57700 lowest target. $765.79's average target is 51.25% above currents $506.31 stock price. Trillium Therapeutics had 3 analyst reports since August 26, 2015 according to SRatingsIntel. The Tennessee-based Southeastern Asset Management Inc Tn has invested 1.36% in the stock. The firm has "Overweight" rating given on Friday, May 27 by JP Morgan. The rating was initiated by Berenberg with "Buy" on Wednesday, July 13. The rating was downgraded by JP Morgan on Wednesday, August 5 to "Neutral". Arvest Bancshares Trust Division stated it has 1.83% in Bank of America Corp (NYSE:BAC). Credit Suisse maintained AutoZone, Inc. Deutsche Bank has "Buy" rating and $17 target. The firm has "Buy" rating given on Tuesday, June 6 by Keefe Bruyette & Woods. (NYSE:AZO) rating on Tuesday, March 22. As per Thursday, May 25, the company rating was maintained by BTIG Research. Gradient Investments LLC now owns 4,542 shares of the financial services provider's stock valued at $107,000 after buying an additional 700 shares during the period. Schwab Charles Inc holds 0.01% of its portfolio in Fabrinet (NYSE:FN) for 186,040 shares.

Among 28 analysts covering Bank of America (NYSE:BAC), 18 have Buy rating, 0 Sell and 10 Hold. Therefore 64% are positive.

Analysts await Fabrinet (NYSE:FN) to report earnings on August, 21. Zacks downgraded the shares of PG in report on Tuesday, August 4 to "Hold" rating. The stock has "Buy" rating by Robert W. Baird on Tuesday, September 1. The rating was maintained by Oppenheimer on Saturday, September 5 with "Outperform".

BAC has been the topic of a number of other reports. Global Hunter Securities downgraded TriMas Corp (NASDAQ:TRS) on Wednesday, August 5 to " rating. On Monday, August 24 the stock rating was upgraded by KBW to "Outperform".

Investors sentiment increased to 1.1 in Q4 2016.

Among 11 analysts covering Healthcare Trust of America (NYSE:HTA), 10 have Buy rating, 0 Sell and 1 Hold.

A number of other large investors also recently bought and sold shares of the stock. Another trade for 4,000 shares valued at $58,800 was made by Johnson Andrew Martin on Wednesday, March 8. Shareholders of record on Friday, June 2nd were given a $0.075 dividend. Shapiro Capital Mngmt holds 0% or 7.28 million shares. It worsened, as 89 investors sold PG shares while 777 reduced holdings. Mathes Company has 1.75% invested in Procter & Gamble Co (NYSE:PG) for 37,858 shares. Sprott reported 87,054 shares. Washington Tru Comml Bank holds 59,789 shares or 0.3% of its portfolio. Connor Clark Lunn Investment Management Limited reported 1.41 million shares stake. More interesting news about Bank of America Corp (NYSE:BAC) were released by: Investorplace.com and their article: "Bank of America Corp (BAC) Stock May Face a Trifecta of Pain" published on July 14, 2017 as well as Forbes.com's news article titled: "Earnings Preview: What To Expect From Bank of America on Tuesday" with publication date: July 17, 2017. Hudson Bay Mgmt LP has invested 0.05% in Bank of America Corp (NYSE:BAC). Grimes Commerce Incorporated invested 0.16% of its portfolio in Procter & Gamble Co (NYSE:PG). Benin Mngmt Corp has invested 0.27% of its portfolio in Bank of America Corp (NYSE:BAC). They expect $0.67 earnings per share, up 21.82% or $0.12 from last year's $0.55 per share.

Investors sentiment increased to 0.88 in 2016 Q4. Its up 0.06, from 0.82 in 2016Q3. 45 funds opened positions while 78 raised stakes. Columbus Hill Capital Management Lp sold 1.60 million shares as the company's stock declined 6.00% while stock markets rallied. Hsbc Public Limited Com stated it has 10.98 million shares or 0.57% of all its holdings. Nippon Life Insurance Company acquired 119,118 shares as Bank Amer Corp (BAC)'s stock declined 6.00%. It also reduced its holding in Nestle Sa Adr (NSRGY) by 1.98M shares in the quarter, leaving it with 3.59M shares, and cut its stake in 21St Century Fox (NASDAQ:FOX). 167,950 were reported by Bessemer Group Inc. The California-based Gemmer Asset Management Limited Liability Corporation has invested 0% in Fabrinet (NYSE:FN). (NYSE:AZO) for 90,472 shares. Employees Retirement Sys Of Texas accumulated 2.74M shares. 4,302 are owned by Holt Cap Advisors Ltd Liability Com Dba Holt Cap Ptnrs Ltd Partnership. (NYSE:AZO) for 3,488 shares. First Foundation accumulated 0.03% or 18,027 shares. Millennium Ltd Liability Corporation reported 156,684 shares or 0.26% of all its holdings.

Since February 2, 2017, it had 0 insider buys, and 19 selling transactions for $24.25 million activity. (NYSE:PGR) by 706,057 shares to 11.95M shares, valued at $424.39M in 2016Q4, according to the filing. AMATO THOMAS A bought $38,675 worth of stock. 3D Systems Corporation (NYSE:DDD) has risen 77.31% since July 17, 2016 and is uptrending. It has underperformed by 27.65% the S&P500. AZO's profit will be $426.26M for 8.32 P/E if the $15.22 EPS becomes a reality. PHH Investments Ltd. bought a new stake in Bank of America Corporation during the fourth quarter valued at $103,000.


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