Bank of America (BAC) Stock Hold Rating Kept at Robert W

KBW upgraded the stock to "Buy" rating in Tuesday, September 1 report. JP Morgan maintained the shares of BAC in report on Wednesday, November 1 with "Overweight" rating.

Bank of America Corporation (BAC) has a market cap of $293.41 billion and over the last 12 months, Bank of America Corporation (NYSE:BAC) has gone stronger by 69.11%. The institutional investor held 116,648 shares of the consumer services company at the end of 2017Q2, valued at $4.91 million, down from 126,748 at the end of the previous reported quarter. The stock declined 0.61% or $0.17 reaching $27.69 on the news.

Traders are a little more bullish on shares of the company as shown by the motion in short interest. Bank of America Corporation (NYSE:BAC) has noticeable measure of stock volatility, for this average true range is an exponential moving average (14 trading days) of the True Ranges. It has outperformed by 41.94% the S&P500. About 7.65M shares traded. The stock decreased 2.23% or $0.18 on November 3, reaching $7.9. It has underperformed by 16.70% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q2. Boston Partners boosted its stake in shares of Bank of America Corporation by 0.5% during the 1st quarter. Beach Mgmt Ltd holds 880,908 shares or 2.19% of its portfolio. 832.79 million shares or 1.90% less from 848.93 million shares in 2017Q1 were reported. 3 are owned by Peak6 Limited Partnership. The target implies a 0.9% spike from where the shares are now trading. Td Capital Limited Liability has 0.01% invested in Gilead Sciences, Inc. New York-based Manning & Napier Advisors Ltd Llc has invested 0.13% in Gilead Sciences, Inc. (NASDAQ:MU). Savings Bank Of Nova Scotia has 2.23 million shares for 0.35% of their portfolio. Sandy Spring National Bank reported 0% stake. Following the sale, the director now owns 50,000 shares in the company, valued at approximately $1,208,000. Northern Trust holds 0.33% or 16.43M shares in its portfolio. Mycio Wealth Ptnrs Limited Liability Corporation accumulated 38,536 shares or 0.11% of the stock. Moreover, Gradient Invests Ltd has 0% invested in Thomson Reuters Corp (TSE:TRI) for 17 shares. Bnp Paribas Asset Mngmt invested in 3.14M shares. 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. It has a 56.28 P/E ratio. The Financial & Risk unit is a well-known provider of critical news, information and analytics, enabling transactions and connecting communities of trading, investment, financial and corporate professionals. Therefore 0 are positive. Bank of America had 94 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned "Neutral" rating on Tuesday, August 25 by Robert W. Baird.

Many analysts are providing their Estimated Earnings analysis for Bank of America Corporation and for the current quarter 23 analysts have projected that the stock could give an Average Earnings estimate of $0.48/share. The firm earned "Buy" rating on Sunday, August 13 by Keefe Bruyette & Woods. Lmr Prtn Limited Liability Partnership has 0.3% invested in Bank of America Corp (NYSE:BAC). Robeco Institutional Asset Management B.V.'s holdings in Bank of America Corporation were worth $48,682,000 at the end of the most recent quarter.

According to Bank of America Corporation's latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 63.48%. Keefe Bruyette & Woods maintained the stock with "Buy" rating in Tuesday, June 6 report. The stock has "Buy" rating by Berenberg on Wednesday, July 13. Citigroup downgraded the stock to "Neutral" rating in Tuesday, April 4 report.

Investors sentiment decreased to 1.12 in Q2 2017. Its down 0.03, from 1.15 in 2017Q1. It worsened, as 79 investors sold Bank of America Corp shares while 543 reduced holdings. M Holdings Securities Inc. raised its position in Bank of America Corporation by 72.9% during the first quarter. Donald Smith & owns 13.35 million shares. Impala Asset Mngmt Lc reported 921,262 shares. Thomas White Intl Ltd stated it has 44,425 shares. (NASDAQ:MU) shares were sold by Byrne Patrick J. Shares for $1.46 million were sold by Shirley Brian on Monday, May 15. Hilltop reported 42,180 shares. Budros Ruhlin And Roe Inc holds 16,442 shares. Godshalk Welsh Capital Mngmt Incorporated has 1.38% invested in Bank of America Corp (NYSE:BAC) for 57,250 shares. Guardian Cap LP reported 934,543 shares. (NASDAQ:MU). Public Employees Retirement System Of Ohio owns 709,061 shares. Gateway Inv Advisers Ltd holds 1.29% or 5.95 million shares in its portfolio. Ogorek Anthony Joseph Adv invested 0% in Bank of America Corp (NYSE:BAC). (NASDAQ:WFM) earned "Hold" rating by Deutsche Bank on Thursday, November 5.

Silvercrest Asset Management Group Llc decreased Us Ecology Inc Com (NASDAQ:ECOL) stake by 61,608 shares to 1.47 million valued at $74.40M in 2017Q2. It also increased its holding in Dentsply Sirona Inc by 752,336 shares in the quarter, for a total of 756,836 shares, and has risen its stake in Conagra Brands Inc (NYSE:CAG). Gilead Sciences, Inc. (NASDAQ:GILD) has declined 21.80% since November 4, 2016 and is downtrending.

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