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Summit Securities Group Trimmed Bank Amer (Put) (BAC) Stake By $825.68 Million; Rr Partners LP Decreased Asbury Automotive Group (ABG) Stake

Rr Partners Lp decreased Asbury Automotive Group Inc (ABG) stake by 18.91% reported in 2017Q3 SEC filing. Rr Partners Lp sold 70,801 shares as Asbury Automotive Group Inc (ABG)’s stock declined 15.17%. The Rr Partners Lp holds 303,554 shares with $18.55M value, down from 374,355 last quarter. Asbury Automotive Group Inc now has $1.41B valuation. The stock decreased 0.66% or $0.45 during the last trading session, reaching $67.5. About 179,783 shares traded. Asbury Automotive Group, Inc. (NYSE:ABG) has risen 7.55% since February 22, 2017 and is uptrending. It has underperformed by 9.15% the S&P500.

Summit Securities Group Llc decreased Bank Amer Corp (Put) (BAC) stake by 99.98% reported in 2017Q3 SEC filing. Summit Securities Group Llc sold 326,354 shares as Bank Amer Corp (Put) (BAC)’s stock declined 6.00%. The Summit Securities Group Llc holds 81 shares with $205,000 value, down from 326,435 last quarter. Bank Amer Corp (Put) now has $327.86 billion valuation. The stock decreased 0.19% or $0.06 during the last trading session, reaching $31.87. About 72.21M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since February 22, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Among 8 analysts covering Asbury Automotive (NYSE:ABG), 3 have Buy rating, 1 Sell and 4 Hold. Therefore 38% are positive. Asbury Automotive had 24 analyst reports since July 22, 2015 according to SRatingsIntel. As per Wednesday, September 30, the company rating was upgraded by Bank of America. As per Wednesday, July 26, the company rating was maintained by Craig Hallum. The firm has “Neutral” rating by Buckingham Research given on Monday, August 31. Jefferies maintained the stock with “Hold” rating in Wednesday, October 11 report. Craig Hallum downgraded the shares of ABG in report on Tuesday, January 12 to “Hold” rating. KeyBanc Capital Markets maintained the shares of ABG in report on Monday, November 13 with “Hold” rating. As per Thursday, August 31, the company rating was maintained by KeyBanc Capital Markets. The stock has “Buy” rating by Stephens on Tuesday, February 6. The rating was maintained by Jefferies with “Hold” on Tuesday, February 6. The stock has “Underperform” rating by Bank of America on Wednesday, July 22.

Investors sentiment decreased to 0.91 in 2017 Q3. Its down 0.12, from 1.03 in 2017Q2. It is negative, as 18 investors sold ABG shares while 52 reduced holdings. 19 funds opened positions while 45 raised stakes. 20.68 million shares or 2.75% less from 21.26 million shares in 2017Q2 were reported. Assetmark reported 0% stake. Zurcher Kantonalbank (Zurich Cantonalbank) reported 618 shares or 0% of all its holdings. Point72 Asia (Hong Kong) invested 0% of its portfolio in Asbury Automotive Group, Inc. (NYSE:ABG). Blackrock holds 0.01% in Asbury Automotive Group, Inc. (NYSE:ABG) or 2.50 million shares. First Tru Advsrs Limited Partnership holds 28,705 shares. Eulav Asset Mgmt holds 0.08% in Asbury Automotive Group, Inc. (NYSE:ABG) or 28,600 shares. Metropolitan Life Insurance Com Ny accumulated 0.01% or 25,584 shares. Manufacturers Life Insur Com The reported 14,094 shares. Barclays Public Ltd Company holds 0% or 26,937 shares. Pinebridge Invs Lp has invested 0.03% in Asbury Automotive Group, Inc. (NYSE:ABG). State Of Alaska Department Of Revenue holds 0.01% in Asbury Automotive Group, Inc. (NYSE:ABG) or 3,724 shares. Pnc Fincl Svcs Gru owns 1,850 shares. Ls Inv Limited Liability Corp holds 661 shares or 0% of its portfolio. Moreover, Royal Retail Bank Of Canada has 0% invested in Asbury Automotive Group, Inc. (NYSE:ABG) for 7,569 shares. Voya Management Limited Com holds 0% or 9,492 shares in its portfolio.

Since September 15, 2017, it had 0 buys, and 3 insider sales for $5.20 million activity. 48,288 shares were sold by MONAGHAN CRAIG T, worth $2.94 million on Friday, October 27. 5,000 shares were sold by Clements DEnnis E, worth $293,300.

Analysts await Asbury Automotive Group, Inc. (NYSE:ABG) to report earnings on April, 26. They expect $1.73 EPS, up 9.49% or $0.15 from last year’s $1.58 per share. ABG’s profit will be $36.01 million for 9.75 P/E if the $1.73 EPS becomes a reality. After $1.81 actual EPS reported by Asbury Automotive Group, Inc. for the previous quarter, Wall Street now forecasts -4.42% negative EPS growth.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Equal Weight” rating given on Tuesday, January 3 by Barclays Capital. The firm has “Buy” rating given on Sunday, July 23 by Renaissance Macro Securities LLC. The rating was maintained by BMO Capital Markets on Friday, October 13 with “Hold”. Deutsche Bank downgraded it to “Hold” rating and $17 target in Tuesday, November 8 report. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Wednesday, October 7 by Jefferies. The company was initiated on Wednesday, July 13 by Berenberg. As per Friday, September 23, the company rating was maintained by CLSA. BMO Capital Markets maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, January 17. BMO Capital Markets has “Hold” rating and $34.0 target. The firm has “Outperform” rating by Wells Fargo given on Thursday, August 10. The rating was maintained by Jefferies on Tuesday, June 6 with “Buy”.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2. It worsened, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. Waddell Reed Inc accumulated 5.74M shares. The Texas-based Anson Funds Mgmt Ltd Partnership has invested 5.57% in Bank of America Corporation (NYSE:BAC). 54,026 were reported by Proffitt Goodson. Bancorporation reported 383,477 shares or 0.13% of all its holdings. Annex Advisory Svcs Ltd Limited Liability Company holds 0.25% or 47,457 shares. Convergence Inv Prns Ltd Liability Company reported 321,762 shares stake. Pinnacle Limited holds 0.38% of its portfolio in Bank of America Corporation (NYSE:BAC) for 40,612 shares. Tokio Marine Asset Management Communication Limited accumulated 78,701 shares. Fifth Third Savings Bank, Ohio-based fund reported 4.55 million shares. Asset Mngmt Ltd Liability invested in 61,369 shares. Kentucky Retirement Sys reported 611,059 shares. Adams Asset Advisors Limited Liability Corporation has 77,967 shares for 0.27% of their portfolio. Axa stated it has 3.72M shares. Scholtz Co Limited Liability Co, Connecticut-based fund reported 165,075 shares. Point72 Asia (Hong Kong) Limited has 0.12% invested in Bank of America Corporation (NYSE:BAC).

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on April, 17. They expect $0.59 earnings per share, up 43.90% or $0.18 from last year’s $0.41 per share. BAC’s profit will be $6.07 billion for 13.50 P/E if the $0.59 EPS becomes a reality. After $0.47 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 25.53% EPS growth.

Summit Securities Group Llc increased Deutsche Bank Ag (NYSE:DB) stake by 44,412 shares to 45,200 valued at $781,000 in 2017Q3. It also upped Huntsman Corp (NYSE:HUN) stake by 13,500 shares and now owns 23,000 shares. Deere And Co (NYSE:DE) was raised too.

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