Piedmont Investment Advisors LLC Grows Stake in Bank of America Corp (BAC)

Bank of America Corporation (NYSE:BAC) now has a "Sell" signals on Composite indicators by TrendSpotter. It has outperformed by 41.94% the S&P500. Alpine Management Limited Liability Com holds 0.08% of its portfolio in Bank of America Corporation (NYSE:BAC) for 11,420 shares. Congress Asset Management Company sold 5,135 shares as the company's stock rose 4.26% with the market. The institutional investor held 12,270 shares of the consumer services company at the end of 2017Q3, valued at $432,000, down from 23,945 at the end of the previous reported quarter. Washington Trust Bank who had been investing in Nrg Energy Inc for a number of months, seems to be bullish on the $8.03 billion market cap company. The stock decreased 0.86% or $0.82 during the last trading session, reaching $94.19.

The average 1-year price target for Bank of America Corporation (BAC) - averaging the work of different analysts - reveals a mean PT of $33.97/share. Under Armour, Inc. (NYSE:UA) has declined 48.39% since February 9, 2017 and is downtrending. It has underperformed by 1.24% the S&P500. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.60%. Thornburg Investment Mgmt accumulated 0.19% or 246,240 shares. (NYSE:NI). The California-based Cohen Cap has invested 0.13% in NiSource Inc. Following the completion of the sale, the director now owns 50,000 shares of the company's stock, valued at approximately $1,208,000. Moreover, Staley Capital Advisers Inc has 2% invested in the company for 2.41 million shares. Sterling Ltd Llc invested in 0.23% or 972,417 shares.

Mark Sheptoff Financial Planning Llc, which manages about $218.89 million and $148.95 million US Long portfolio, decreased its stake in Verizon Communications Inc (NYSE:VZ) by 19,201 shares to 28,507 shares, valued at $1.41 million in 2017Q3, according to the filing. Cls Investments Ltd Co stated it has 0.05% in Lowe's Companies, Inc. Washington Tru National Bank & Trust holds 80,832 shares or 0.32% of its portfolio. Northcoast Asset Management Ltd Liability Corp owns 811,021 shares. Snow Cap Limited Partnership reported 3.00M shares stake. Archon Prtn Ltd accumulated 314,900 shares. Pine River Management LP holds 12,432 shares or 0.15% of its portfolio. Blackrock Incorporated holds 666.87 million shares. Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 3.70 as current ratio and on the opponent side the debt to equity ratio was 0.00 and long-term debt to equity ratio also remained 0.00.

Since August 17, 2017, it had 0 insider purchases, and 3 selling transactions for $7.43 million activity. $614,857 worth of Lowe's Companies, Inc.

Analysts await Titan International, Inc. Citigroup maintained the shares of BAC in report on Tuesday, July 19 with "Buy" rating. The company was downgraded on Tuesday, April 4 by Citigroup. A 10 analysts rate it as either a buy or a strong buy, while 4 believe that investors should either steer clear of (NASDAQ:AMD) or, if they already own its stock, sell it. The firm has "Buy" rating by RBC Capital Markets given on Thursday, July 27. The rating was maintained by BMO Capital Markets on Wednesday, August 23 with "Hold". One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seventeen have given a buy rating to the company's stock. (NYSE:NRG) on Wednesday, August 31 with "Sell" rating. As per Friday, August 18, the company rating was downgraded by Canaccord Genuity. Finally, Barclays boosted their price objective on shares of Bank of America from $28.00 to $35.00 and gave the company an "equal weight" rating in a report on Tuesday, January 2nd. It also reduced its holding in Ishares Tr (Put) (EEM) by 145.85 million shares in the quarter, leaving it with 5.15 million shares, and cut its stake in Vaneck Vectors Etf Tr (Put).

His pay for 2017 included $21.5 million in stock, as well as an unchanged base salary of $1.5 million, according to a securities filing Friday. Its up 0.36, from 0.99 in 2017Q2.

Several other large investors have also recently added to or reduced their stakes in BAC.

DIMENSIONAL FUND ADVISORS LP lowered its stake in Zynga Inc. Raab And Moskowitz Asset Management Limited Co stated it has 54,268 shares or 0.72% of all its holdings. Truenorth Inc reported 449,327 shares or 5.28% of all its holdings. Covington Capital Mgmt invested 0.5% in Bank of America Corporation (NYSE:BAC). (ZNGA) worth $130.02 million at the end of the most recent reporting period. Northwest Investment Counselors LLC acquired a new position in Bank of America Corporation in the second quarter valued at approximately $100,000.

Bank of America Corporation is a bank holding company and a financial holding company. Brown Brothers Harriman & reported 351,010 shares. Nippon Life Glob Investors Americas invested in 1.15M shares.

Laboratory Corporation of America Holdings (LH) exchanged hands at an unexpectedly high level of 1.33 million shares over the course of the day. (NYSE:FL). Bronson Point Mngmt Limited Liability Corporation invested in 0.74% or 65,000 shares. Contravisory Investment Mngmt invested in 0.01% or 213 shares. The broad Money Center Banks industry has an average P/S ratio of 6.64, which is significantly worse than the sector's 6.61.

Analysts expect Sprint Corporation (NYSE:S) to report 1.73 EPS and has got OUTPERFORM rating from 0 of Thomson Reuters analysts and 6 analyst (s) given UNDERPERFORM rating. Therefore 81% are positive. Bank of America had 106 analyst reports since July 21, 2015 according to SRatingsIntel. Moreover, Boys Arnold Company has 0.18% invested in Bank of America Corporation (NYSE:BAC) for 45,132 shares. The company was maintained on Tuesday, June 6 by Keefe Bruyette & Woods. Morgan Stanley maintained the stock with "Overweight" rating in Friday, February 2 report.

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