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Phoenix New Media LTD (FENG) Shareholder J Goldman & Company LP Boosted Position by $2.62 Million; Archon Partners Increased Bank Amer (BAC) Holding by $957,000 as Share Value Declined

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J Goldman & Company Lp increased its stake in Phoenix New Media Ltd (FENG) by 363.36% based on its latest 2018Q1 regulatory filing with the SEC. J Goldman & Company Lp bought 654,052 shares as the company’s stock declined 1.61% with the market. The hedge fund held 834,052 shares of the broadcasting company at the end of 2018Q1, valued at $3.63M, up from 180,000 at the end of the previous reported quarter. J Goldman & Company Lp who had been investing in Phoenix New Media Ltd for a number of months, seems to be bullish on the $355.92M market cap company. The stock decreased 2.57% or $0.13 during the last trading session, reaching $4.92. About 138,604 shares traded. Phoenix New Media Limited (NYSE:FENG) has risen 81.25% since June 18, 2017 and is uptrending. It has outperformed by 68.68% the S&P500. Some Historical FENG News: 12/03/2018 – Phoenix New Media 4Q Rev $71M; 12/03/2018 – Phoenix New Media 4Q EPS 0c; 26/04/2018 – Phoenix New Media Filed 2017 Annual Report on Form 20-F; 03/04/2018 – Phoenix New Media Announces Yidian’s Financing Update; 14/05/2018 – Phoenix New Media 1Q Rev $45.3M; 14/05/2018 – PHOENIX NEW MEDIA LTD FENG.N – QTRLY NET LOSS PER CLASS A AND CLASS B ORDINARY SHARE RMB0.06; 12/03/2018 – PHOENIX NEW MEDIA LTD – QTRLY NET INCOME PER ADS $0.02; 12/03/2018 PHOENIX NEW MEDIA LTD – QTRLY NET INCOME PER CLASS A AND CLASS B ORDINARY SHARE $0.00; 14/05/2018 – Phoenix New Media 1Q Loss/Shr 2c; 14/05/2018 – Phoenix New Media 1Q Loss $9.3M

Archon Partners Llc increased its stake in Bank Amer Corp (BAC) by 10.3% based on its latest 2018Q1 regulatory filing with the SEC. Archon Partners Llc bought 33,000 shares as the company’s stock declined 6.97% with the market. The hedge fund held 353,500 shares of the major banks company at the end of 2018Q1, valued at $10.60M, up from 320,500 at the end of the previous reported quarter. Archon Partners Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $296.88B market cap company. The stock decreased 0.75% or $0.22 during the last trading session, reaching $29.28. About 105.08 million shares traded or 54.54% up from the average. Bank of America Corporation (NYSE:BAC) has risen 29.72% since June 18, 2017 and is uptrending. It has outperformed by 17.15% the S&P500. Some Historical BAC News: 14/05/2018 – MORGAN STANLEY HIRES SEMICONDUCTOR HEAD FROM BANK OF AMERICA; 26/03/2018 – Bank Of America: Bank of America Introduces Business Advantage Relationship Rewards; 23/05/2018 – VMware Presenting at Bank of America Conference Jun 5; 09/04/2018 – Merrill Lynch Expects Tariffs Deal Despite Escalating Rhetoric (Video); 21/05/2018 – PARAMOUNT GROUP INC PGRE.N : BOFA MERRILL RAISES PRICE OBJECTIVE TO $16 FROM $15.50; 02/05/2018 – Alnylam Presenting at Bank of America Conference May 17; 03/05/2018 – ResMed Presenting at Bank of America Conference May 16; 15/03/2018 – MOVES-Bank of America promotes M&A bankers -memo; 02/04/2018 – Hawaii News Now: Source: Panthers bidder to visit Bank of America stadium Monday; 25/04/2018 – Citigroup, Bank of America Criticized by Senator on Firearms Ban

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 Friday, October 13 by RBC Capital Markets. The company was maintained on Wednesday, August 23 by BMO Capital Markets. Credit Suisse maintained the shares of BAC in report on Thursday, June 1 with “Buy” rating. The rating was upgraded by Nomura to “Buy” on Tuesday, September 8. Keefe Bruyette & Woods maintained the stock with “Buy” rating in Thursday, December 21 report. The stock has “Outperform” rating by Oppenheimer on Tuesday, October 6. Societe Generale upgraded Bank of America Corporation (NYSE:BAC) on Wednesday, January 11 to “Buy” rating. BMO Capital Markets maintained the shares of BAC in report on Friday, October 6 with “Hold” rating. On Tuesday, July 21 the stock rating was maintained by Jefferies with “Buy”. On Monday, August 24 the stock rating was upgraded by KBW to “Outperform”.

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.24, from 1.19 in 2017Q4. It turned negative, as 73 investors sold BAC shares while 633 reduced holdings. 134 funds opened positions while 535 raised stakes. 6.66 billion shares or 2.67% less from 6.85 billion shares in 2017Q4 were reported. Hirtle Callaghan And Company Llc holds 0.03% or 12,000 shares in its portfolio. Checchi Advisers Ltd Llc holds 0.36% or 91,918 shares. State Street Corp holds 1.07% or 420.65 million shares in its portfolio. 1.08 million were accumulated by Locust Wood Capital Advisers Ltd Liability Com. 136,960 are owned by Argyle Capital. Aristotle Capital Management Ltd Limited Liability Company, California-based fund reported 16.40 million shares. Telemus Ltd Limited Liability Company accumulated 0.16% or 67,698 shares. 13,575 were accumulated by Willingdon Wealth Management. Susquehanna International Gp Inc Ltd Liability Partnership owns 3.55 million shares. Sumitomo Mitsui Tru accumulated 29.54 million shares or 1.14% of the stock. Cibc Ww Mkts invested in 0.28% or 2.23M shares. Kbc Grp Nv accumulated 6.71 million shares or 1.86% of the stock. Moreover, Qs Invsts Ltd has 0.15% invested in Bank of America Corporation (NYSE:BAC) for 490,361 shares. Three Corner Glob Investors Lp holds 9.59% or 987,000 shares. Umb Bancorporation N A Mo accumulated 0.35% or 356,200 shares.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Finance.Yahoo.com which released: “Thursday’s Vital Data: Micron Technology, Inc. (MU), Bank of America Corp (BAC) and AbbVie Inc. (ABBV)” on May 31, 2018, also Seekingalpha.com with their article: “Bank of America’s virtual financial assistant gets over 1M users” published on June 12, 2018, Benzinga.com published: “A Concerning Weakness In Bank Stocks” on June 16, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Investorplace.com and their article: “Trade of the Day: Bank of America Corp Stock Could Be the Next to Rally” published on June 07, 2018 as well as Seekingalpha.com‘s news article titled: “Bank Of America: More Tailwinds” with publication date: June 03, 2018.

Among 2 analysts covering Phoenix New Media Limited (NYSE:FENG), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Phoenix New Media Limited had 2 analyst reports since November 11, 2015 according to SRatingsIntel. JP Morgan initiated the shares of FENG in report on Wednesday, August 31 with “Overweight” rating. The rating was downgraded by Macquarie Research to “Neutral” on Wednesday, November 11.

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

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