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Sound Shore Management Has Lowered Its Bank Of America Corporatio (BAC) Stake; Atricure (ATRC) Sentiment Is 1.13

AtriCure, Inc. (NASDAQ:ATRC) Logo

Atricure Inc (ATRC) investors sentiment decreased to 1.13 in Q4 2017. It’s down -0.90, from 2.03 in 2017Q3. The ratio dropped, as 54 active investment managers opened new and increased stock positions, while 48 sold and decreased their stock positions in Atricure Inc. The active investment managers in our database reported: 26.90 million shares, up from 26.77 million shares in 2017Q3. Also, the number of active investment managers holding Atricure Inc in top ten stock positions decreased from 3 to 2 for a decrease of 1. Sold All: 17 Reduced: 31 Increased: 35 New Position: 19.

Sound Shore Management Inc decreased Bank Of America Corporatio (BAC) stake by 0.85% reported in 2017Q4 SEC filing. Sound Shore Management Inc sold 85,838 shares as Bank Of America Corporatio (BAC)’s stock declined 1.20%. The Sound Shore Management Inc holds 10.04M shares with $296.24M value, down from 10.12M last quarter. Bank Of America Corporatio now has $304.64 billion valuation. The stock decreased 0.55% or $0.165 during the last trading session, reaching $30.045. About 15.25M shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since May 25, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

AtriCure, Inc. provides atrial fibrillation solutions to medical centers in the United States and internationally. The company has market cap of $849.72 million. The firm offers Isolator Synergy and Isolator Synergy Access clamps for the treatment of persistent and long-standing persistent atrial fibrillation concomitant to other open-heart surgical procedures, such as coronary artery bypass grafting and/or valve replacement or repair; COBRA Fusion surgical ablation system to combine bipolar temperature-controlled radio frequency energy control with monopolar energy; and EPi-Sense guided coagulation system used for the temporary cardiac signal sensing and recording during surgery. It currently has negative earnings. It also provides SUBTLE cannula, an access device and conduit for the ablation device and endoscope to enable a closed chest endoscopic approach; multifunctional pens that allow surgeons to evaluate cardiac arrhythmias, perform temporary cardiac pacing, sensing, and stimulation and ablate cardiac tissue with the same device; and linear ablation devices, which enable physicians to create an expanded cardiac ablation lesion set.

First Light Asset Management Llc holds 5.38% of its portfolio in AtriCure, Inc. for 1.08 million shares. Dafna Capital Management Llc owns 389,145 shares or 3.82% of their US portfolio. Moreover, Kopp Investment Advisors Llc has 2.33% invested in the company for 127,435 shares. The Minnesota-based Perkins Capital Management Inc has invested 1.55% in the stock. Alphaone Investment Services Llc, a Pennsylvania-based fund reported 229,725 shares.

Since January 1, 0001, it had 2 insider buys, and 4 insider sales for $377,050 activity.

The stock increased 1.76% or $0.42 during the last trading session, reaching $24.25. About 17,420 shares traded. AtriCure, Inc. (ATRC) has risen 5.35% since May 25, 2017 and is uptrending. It has underperformed by 6.20% the S&P500.

Another recent and important AtriCure, Inc. (NASDAQ:ATRC) news was published by Seekingalpha.com which published an article titled: “AtriCure’s (ATRC) CEO Mike Carrel on Q1 2018 Results – Earnings Call Transcript” on April 29, 2018.

Analysts await AtriCure, Inc. (NASDAQ:ATRC) to report earnings on July, 26. They expect $-0.22 earnings per share, down 4.76% or $0.01 from last year’s $-0.21 per share. After $-0.31 actual earnings per share reported by AtriCure, Inc. for the previous quarter, Wall Street now forecasts -29.03% EPS growth.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on July, 17. They expect $0.64 EPS, up 39.13% or $0.18 from last year’s $0.46 per share. BAC’s profit will be $6.49B for 11.74 P/E if the $0.64 EPS becomes a reality. After $0.62 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 3.23% EPS growth.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.15, from 1.04 in 2017Q3. It is positive, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Kanawha Mngmt Lc accumulated 10,092 shares. 633,899 were accumulated by Terril Brothers Inc. Usca Ria Lc reported 105,528 shares or 0.34% of all its holdings. Of Virginia Va has invested 0.15% in Bank of America Corporation (NYSE:BAC). 295,167 are held by First Amer Savings Bank. Kahn Brothers Grp De owns 0.13% invested in Bank of America Corporation (NYSE:BAC) for 27,623 shares. 6.46M are owned by Swedbank. Gibraltar Cap Mgmt reported 5.1% in Bank of America Corporation (NYSE:BAC). Korea-based Korea Invest has invested 1.22% in Bank of America Corporation (NYSE:BAC). Virtu Financial Limited Liability Corporation reported 28,546 shares. Keybank Natl Association Oh has invested 0.36% in Bank of America Corporation (NYSE:BAC). Moreover, Verus Financial Prns Incorporated has 0.12% invested in Bank of America Corporation (NYSE:BAC). Schwab Charles Invest Mgmt stated it has 34.27M shares. Moreover, Shell Asset Mgmt Co has 0.88% invested in Bank of America Corporation (NYSE:BAC). Virtus Inv Advisers Inc has invested 0.74% in Bank of America Corporation (NYSE:BAC).

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 114 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Monday, October 16 by UBS. The stock of Bank of America Corporation (NYSE:BAC) has “Hold” rating given on Thursday, December 1 by Standpoint Research. The firm has “Buy” rating by Sandler O’Neill given on Tuesday, January 9. Wells Fargo maintained it with “Buy” rating and $35.0 target in Wednesday, December 20 report. The stock has “Neutral” rating by Citigroup on Monday, October 9. Credit Suisse maintained the shares of BAC in report on Thursday, June 1 with “Buy” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Wednesday, April 4 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Tuesday, December 12 report. The stock has “Neutral” rating by Citigroup on Tuesday, April 24. KBW upgraded the stock to “Buy” rating in Tuesday, September 1 report.

Sound Shore Management Inc increased International Paper Company (NYSE:IP) stake by 375,778 shares to 4.00M valued at $231.77M in 2017Q4. It also upped Total S.A. (NYSE:TOT) stake by 19,879 shares and now owns 3.82M shares. Pentair Plc (NYSE:PNR) was raised too.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Financial sector the winner today” on May 22, 2018, also Investorplace.com with their article: “Friday’s Vital Data: Micron Technology, Inc. (MU), Bank of America Corp (BAC) and Petróleo Brasileiro SA Petrobras …” published on May 25, 2018, Seekingalpha.com published: “Bank Of America: Time To Sell?” on May 08, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Bizjournals.com and their article: “Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting” published on May 24, 2018 as well as Seekingalpha.com‘s news article titled: “Some Merrill Lynch brokers may face clawback in new comp plan: WSJ” with publication date: May 24, 2018.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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