Bank of America (BAC) Earns Daily News Sentiment Rating of 0.13

The stock decreased 0.11% or $0.03 during the last trading session, reaching $31.16. Almost 0.54 million shares were traded by the close, higher than its average daily volume of 0.02 million shares. Dollar General Corporation (NYSE:DG) has declined 12.26% since January 16, 2017 and is downtrending. It has outperformed by 41.94% the S&P500.

Castine Capital Management Llc increased its stake in Signature Bk New York N Y (SBNY) by 76.93% based on its latest 2017Q3 regulatory filing with the SEC. The institutional investor held 51,093 shares of the computer peripheral equipment company at the end of 2017Q3, valued at $1.86 million, up from 31,540 at the end of the previous reported quarter. Schaper Benz & Wise Investment Counsel Inc who had been investing in Union Pacific for a number of months, seems to be bullish on the $110.52 billion market cap company. The lowest price the stock reached in the last trading day was $30.77 and compares with the $22.01 52-week low. About 88.89 million shares traded or 32.28% up from the average. Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since January 16, 2017 and is uptrending. It has outperformed by 28.62% the S&P500. Bangor Bank & Trust invested in 0.07% or 14,242 shares. Therefore 71% are positive. Finally, Instinet reduced their price objective on shares of Bank of America from $37.00 to $30.00 in a research report on Wednesday, January 3rd. Bank of America downgraded Sabre Corporation (NASDAQ:SABR) on Monday, August 7 to "Underperform" rating. Deutsche Bank has "Buy" rating and $17 target. The firm earned "Buy" rating on Thursday, August 31 by Cowen & Co. The shares averaged a swing of 1.3% in either direction in the session after reporting. The firm has "Hold" rating given on Tuesday, January 2 by Robert W. Baird. The company was maintained on Friday, October 6 by RBC Capital Markets. Zacks upgraded the stock to "Sell" rating in Wednesday, August 19 report. RBC Capital Markets maintained the shares of BAC in report on Tuesday, July 18 with "Buy" rating. The stock of Bank of America Corporation (NYSE:BAC) has "Outperform" rating given on Saturday, September 5 by Oppenheimer.

Since September 12, 2017, it had 0 insider buys, and 5 selling transactions for $3.04 million activity. Bank of America's revenue for the quarter was up 2.1% on a year-over-year basis. sell-side analysts expect that Bank of America Corp will post 1.79 earnings per share for the current fiscal year. BAC's profit will be $4.80 billion for 17.07 P/E if the $0.46 EPS becomes a reality.

ILLEGAL ACTIVITY WARNING: "Bank of America (BAC) Earns Daily News Sentiment Rating of 0.13" was originally reported by Registrar Journal and is the property of of Registrar Journal. Investors of record on Friday, December 1st were paid a dividend of $0.12 per share. Its down 0.08, from 1.12 in 2017Q2. The investor is now holding $21.79 million shares due in part to a decrease of 7.33 million new shares in their portfolio.

Several other hedge funds have also recently added to or reduced their stakes in the business. Fdx Advisors Inc holds 84,469 shares or 0.12% of its portfolio. Allstate holds 8,843 shares. Mai Capital Mgmt invested 0.68% in Bank of America Corporation (NYSE:BAC). $2.10M worth of Bank of America Corporation (NYSE:BAC) shares were sold by BRAMBLE FRANK P. Orrstown Finance Services accumulated 0.07% or 2,366 shares. Qs Lc holds 0.01% or 86,457 shares in its portfolio. Envestnet Asset Mgmt Incorporated accumulated 92,578 shares. Ray Gerald L Associate Ltd, a Texas-based fund reported 449,094 shares. Michigan-based Plante Moran Fincl Advisors Ltd Llc has invested 0.21% in Bank of America Corporation (NYSE:BAC). Triangle Secs Wealth Mgmt, North Carolina-based fund reported 29,939 shares. Ellington Mgmt Ltd Liability Com owns 3,400 shares. Gamco Invsts Et Al invested in 0.02% or 124,839 shares. Invesco holds 0.07% of its portfolio in Logitech International S.A. (NASDAQ:LOGI) for 5.12M shares.

Archon Capital Management Llc, which manages about $475.28M and $186.17 million US Long portfolio, decreased its stake in Tableau Software Inc (NYSE:DATA) by 40,000 shares to 36,722 shares, valued at $2.75M in 2017Q3, according to the filing. Palouse Cap Inc holds 70,945 shares.

Investors sentiment decreased to 0.97 in Q3 2017. Bluemountain Capital Ltd Liability holds 0.01% in Sabre Corporation (NASDAQ:SABR) or 22,116 shares. Hartline has invested 0.98% of its portfolio in Starbucks Corporation (NASDAQ:SBUX). 972.68 million shares or 1.58% less from 988.30 million shares in 2017Q2 were reported. $2.67M worth of Facebook, Inc. Sumitomo Mitsui stated it has 0.01% of its portfolio in Sabre Corporation (NASDAQ:SABR). Pensionfund Dsm Netherlands invested 2.35% in Microsoft Corporation (NASDAQ:MSFT). Hallmark Inc reported 0.2% in Sabre Corporation (NASDAQ:SABR). Panagora Asset Management accumulated 0% or 6,260 shares. (NASDAQ:FB). Clearbridge Ltd Liability Corporation has 965 shares. It also increased its holding in Thermo Fisher Scientific Inc (NYSE:TMO) by 1,700 shares in the quarter, for a total of 73,188 shares, and has risen its stake in Crown Castle Intl Corp New (NYSE:CCI). One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eighteen have assigned a buy rating and two have issued a strong buy rating to the company. Therefore 43% are positive. Microsoft Corporation had 143 analyst reports since July 22, 2015 according to SRatingsIntel. Monness Crespi & Hardt maintained the stock with "Buy" rating in Monday, September 19 report. BB&T Capital upgraded the stock to " rating in Friday, November 20 report. Bernstein maintained Microsoft Corporation (NASDAQ:MSFT) on Wednesday, November 15 with "Buy" rating. The firm has "Outperform" rating given on Friday, April 7 by Wood. On Monday, October 30 the stock rating was upgraded by Jefferies to "Buy". The firm has "Hold" rating by Standpoint Research given on Wednesday, August 26. The stock has "Buy" rating by H.C. Wainwright on Thursday, August 4.

Echostar Corporation-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.

Related:

Comments


Other news