Analyzing the Insider Data for Bank of America Corporation (BAC)

Analyzing the Insider Data for Bank of America Corporation (BAC)

It has outperformed by 41.94% the S&P500.

Hamlin Capital Management Llc increased Federated Invs Inc Pa (FII) stake by 3.67% reported in 2017Q2 SEC filing. The stock decreased 0.53% or $0.44 during the last trading session, reaching $81.98. The option since executed brings Bramble ownership to 50000 shares. Bristol-Myers Squibb Company (NYSE:BMY) has declined 23.19% since December 3, 2016 and is downtrending. It has underperformed by 9.89% the S&P500. Truepoint Inc.'s holdings in Bank of America Corp were worth $276,000 at the end of the most recent reporting period. Brian Moynihan has seen steady activity on the sell side, and on November 15, 2017, executed an option to sell 19859 shares. Barclays Capital downgraded Brookfield Renewable Partners L.P. (NYSE:BEP) rating on Monday, October 12. Barclays Capital maintained it with "Equal Weight" rating and $26 target in Tuesday, January 3 report. The firm earned "Overweight" rating on Wednesday, November 22 by JP Morgan. BMO Capital Markets maintained the stock with "Hold" rating in Friday, October 6 report. J P Morgan Chase & Co boosted their price target on Bank of America from $27.50 to $28.50 and gave the company an "overweight" rating in a report on Wednesday, November 1st. The stock has "Buy" rating by Societe Generale on Wednesday, January 11. Two research analysts have rated the stock with a sell rating, nine have issued a hold rating, twenty-four have given a buy rating and three have given a strong buy rating to the company. As per Monday, November 16, the company rating was upgraded by Evercore. It also upped Entergy Corp (NYSE:ETR) stake by 74,771 shares and now owns 631,750 shares. The stock of Bank of America Corporation (NYSE:BAC) earned "Neutral" rating by Citigroup on Monday, October 9.

Investors sentiment decreased to 1.12 in 2017 Q2. This represents a $0.48 annualized dividend and a dividend yield of 1.65%. Virtus Advisers invested in 244,322 shares.

Several other institutional investors and hedge funds have also made changes to their positions in BAC. The financial services provider reported $0.48 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.46 by $0.02. Regent Investment Management invested 0.85% in Bank of America Corporation (NYSE:BAC). They expect $0.64 earnings per share, up 14.29% or $0.08 from last year's $0.56 per share. Rathbone Brothers Public Limited Liability Corp stated it has 163,468 shares or 0.18% of all its holdings. Current market cap is $294.24B and the stock has an EPS of $1.72.

Palouse Capital Management Inc holds 70,876 shares or 0.63% of its portfolio. Basswood Mngmt Ltd Liability Corp owns 1.70 million shares for 2.02% of their portfolio. Roundview Lc reported 1.62% in Bank of America Corporation (NYSE:BAC).

Bank of America Corporation, through its subsidiaries, provides banking and financial services and products for individual consumers, small and middle-market businesses, institutional investors, large firms, and governments worldwide. Gardner Lewis Asset Mngmt LP stated it has 0.91% in Bank of America Corporation (NYSE:BAC).

Hamlin Capital Management Llc decreased Eaton Corp Plc (NYSE:ETN) stake by 437,729 shares to 696,241 valued at $54.19 million in 2017Q2. Parkwood Ltd Liability Co stated it has 0.05% in Bank of America Corporation (NYSE:BAC). After $0.64 actual earnings per share reported by WSFS Financial Corporation for the previous quarter, Wall Street now forecasts 0.00% EPS growth. Colonial Trust Advisors holds 0.92% or 21,175 shares.

Among 29 analysts covering AT&T Inc. The rating was maintained by RBC Capital Markets with "Buy" on Wednesday, June 14. Therefore 60% are positive. Whirlpool had 26 analyst reports since August 13, 2015 according to SRatingsIntel. The stock has "Outperform" rating by RBC Capital Markets on Friday, September 4. Credit Suisse has "Hold" rating and $187.0 target. (NYSE:FII) for 9,886 shares. RBC Capital Markets maintained AT&T Inc. (NYSE:FII) rating on Thursday, August 17. The stock has "Hold" rating by Raymond James on Monday, July 17. On Friday, September 29 the stock rating was maintained by Robert W. Baird with "Hold". The firm has a market capitalization of $293,100.16, a price-to-earnings ratio of 16.06, a PEG ratio of 1.94 and a beta of 1.31. The company was upgraded on Tuesday, October 25 by Independent Research. The firm earned "Buy" rating on Tuesday, October 27 by Gabelli. The rating was maintained by Jefferies on Friday, July 7 with "Buy".

Investors sentiment increased to 1.19 in Q2 2017. It is positive, as 82 investors sold T shares while 619 reduced holdings. 34 funds opened positions while 99 raised stakes. Janney Capital Management Llc sold 2,378 shares as Whirlpool Corp (WHR)'s stock rose 1.07%. Moreover, Da Davidson has 0.04% invested in Federated Investors, Inc. Bragg Finance holds 0.16% or 42,063 shares. (NYSE:FII) for 386,680 shares. Victory reported 0.04% of its portfolio in AT&T Inc. Whether or not Bank of America Corporation fits your portfolio, at the very least you will have a greater understanding of the Financial and Money Center Banks. 13,000 are owned by Grantham Mayo Van Otterloo And Co Limited Liability Co. (NYSE:FII) or 140,200 shares. Crestpoint Cap Ltd Limited Liability Company holds 67,100 shares or 1.19% of its portfolio. S&T Bancorporation Pa owns 1.99% invested in Federated Investors, Inc. (NYSE:FII). Goldman Sachs Incorporated has invested 0.01% of its portfolio in Federated Investors, Inc. Signaturefd Llc has 39,763 shares for 0.14% of their portfolio. Amica Pension Fund Board Of Trustees reported 231,736 shares or 0.7% of all its holdings. Argi Invest Ser Limited Com has 27,678 shares. Manufacturers Life Ins The holds 0.01% or 983,616 shares.

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