Bank of America Corporation (NYSE:BAC)

Eileen GuzmanApr 14, 2018

They expect $2.71 EPS, up 29.05% or $0.61 from last year's $2.1 per share. Moreover, Darsana Prtnrs LP has 7.87% invested in Bank of America Corporation (NYSE:BAC). About 23.30 million shares traded. BAC outperformed by 16.63% the S&P500. According to 2017Q4 Securities and Exchange form the decrease is 56.54%. Investigating the productivity proportions of business stock, the speculator will discover its ROE, ROA, ROI remaining at 6.8 percent, 0.7 percent and 4.8 percent, individually. It's up from 9.48M at the end of the previous reported quarter. A company with a high P/E ratio usually indicated positive future performance and investors are willing to pay more for this company's shares. The stock increased 1.79% or $3.04 during the last trading session, reaching $173.09. General Electric Company (NYSE:GE) has declined 54.35% since April 10, 2017 and is downtrending. It has underperformed by 2.79% the S&P500.

The highest price BAC stock touched in the last 12 month was $33.05 and the lowest price it hit in the same period was $22.07. The rating was maintained by Nomura on Monday, October 16 with "Buy". Barclays upped 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 research note on Tuesday, January 2nd. The company was maintained on Thursday, September 14 by Jefferies.

The price target set for the stock is $34.48 and this sets up an interesting set of potential movement for the stock, according to data from Finviz's Research. On Friday, March 16 the firm has "Outperform" rating by Credit Suisse given. Vanguard Group Inc. increased its stake in Bank of America by 1.4% in the 2nd quarter. This represents a $0.48 dividend on an annualized basis and a yield of 1.61%. It is positive, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds amassed stakes and 585 increased stakes.

Earnings per Share Details of Bank of America Corporation: The EPS of BAC is strolling at 1.74, measuring its EPS growth this year at 16.9 percent. Keefe, Bruyette & Woods reissued a "buy" rating and set a $35.00 target price on shares of Bank of America in a research report on Thursday, April 5th. 9,673 were accumulated by Chelsea Counsel. Regis Mngmt Limited invested in 7,774 shs or 0.03% of the stock. Tdam Usa reported 685,086 shares. Country Bankshares reported 0% of its portfolio in Bank of America Corporation (NYSE:BAC). Supplemental Annuity Collective Tru Of Nj invested in 2% or 160,000 shares. JPMorgan (JPM) and Bank of America (BAC) fell about 1.10 percent, while Goldman Sachs (GS) dropped 1.09 percent. Parametric Portfolio Associates LLC now owns 24,012,218 shares of the financial services provider's stock worth $582,536,000 after buying an additional 8,261,288 shares in the last quarter. Fred Alger Management Inc has cut its stake in Trimble Inc (NASDAQ:TRMB) and also reduced its holding in Tesaro Inc (NASDAQ:TSRO) by 187,786 shares in the quarter, for a total of 92,217 shares.

Barrett Asset Management Llc, which manages about $1.48B and $1.42B US Long portfolio, decreased its stake in Exxon Mobil Corp Com (NYSE:XOM) by 5,951 shares to 551,115 shares, valued at $46.10M in 2017Q4, according to the filing. The insider now directly owns 32,459 shares worth $961,760. 6,400 shares were bought by ETTINGER JEFFREY M, worth $860,301. 91 funds opened positions while 261 raised stakes. Rockland holds 155,488 shares. Aqr Capital Ltd Liability Corporation stated it has 5.73 million shares. Asset One Ltd holds 412,974 shares. 922,116 are owned by Gamco Invsts Et Al. (NASDAQ:AAPL) to report earnings on May, 1. (NYSE:ECL). Cleararc Cap holds 0.12% or 6,627 shares. Zacks Investment Research downgraded shares of Bank of America from a "buy" rating to a "hold" rating in a research report on Tuesday, February 13th. Wealthtrust Axiom Llc reported 21,710 shares or 0.24% of all its holdings. Finance Engines Advsr Ltd Liability invested 0% in Ecolab Inc.

Currently, the 14-day Relative Strength Index (RSI) reading is at 50.34. 101,360 are held by Reliant Invest Mgmt Limited Liability Corporation. Invest Of Virginia Limited Com holds 0.44% or 62,159 shares. First Midwest Natl Bank Division stated it has 0.05% of its portfolio in Ecolab Inc. California State Teachers Retirement System holds 1.1% of its capital in Bank of America Corporation (NYSE:BAC) for 18.06M shs. The firm earned "Hold" rating on Monday, October 19 by Deutsche Bank. Keefe Bruyette & Woods has "Buy" rating and $2800 target. The company was upgraded on Wednesday, August 26 by UBS. On Tuesday, January 2 the firm has "Hold" rating by Robert W. Baird given. Barclays Capital maintained Ecolab Inc. On Wednesday, November 1 the rating was maintained by JP Morgan with "Overweight". The rating was maintained by Raymond James on Tuesday, December 5 with "Buy". Oppenheimer maintained Ecolab Inc.

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