Trending Stock News

Joel Isaacson & Company Position In Bank Amer (BAC) Was Boosted; First Commonwealth Financial Lifted Stake in Bristol Myers Squibb Co (BMY) as Share Value Declined

Bank of America Corporation (NYSE:BAC) Logo

First Commonwealth Financial Corp increased its stake in Bristol Myers Squibb Co (BMY) by 211.8% based on its latest 2018Q1 regulatory filing with the SEC. First Commonwealth Financial Corp bought 7,663 shares as the company’s stock declined 23.11% with the market. The institutional investor held 11,281 shares of the major pharmaceuticals company at the end of 2018Q1, valued at $714,000, up from 3,618 at the end of the previous reported quarter. First Commonwealth Financial Corp who had been investing in Bristol Myers Squibb Co for a number of months, seems to be bullish on the $87.68B market cap company. The stock decreased 0.02% or $0.01 during the last trading session, reaching $53.64. About 5.47M shares traded. Bristol-Myers Squibb Company (NYSE:BMY) has declined 2.98% since June 20, 2017 and is downtrending. It has underperformed by 15.55% the S&P500. Some Historical BMY News: 12/03/2018 – Rhode Island DoA: Bristol Warren Regional School District Mon, 3/12/2018, 7:45 PM; 16/04/2018 – AstraZeneca Presents lmfinzi (durvalumab) Plus tremelimumab Combination Data at AACR Annual Meeting; 03/05/2018 – EMA VALIDATES BRISTOL-MYERS SQUIBB’S TYPE II VARIATION APPLICAT; 07/03/2018 – Bristol-Myers Squibb to Take Part in Barclays Global Healthcare Conference; 03/04/2018 – NEKTAR: PACT W/ BRISTOL-MYERS SQUIBB NOW EFFECTIVE; 19/03/2018 – STAT Plus: Bristol-Myers and Otsuka to face first trial over claims an antipsychotic pill caused compulsive behavior; 25/04/2018 – GLOBAL PHARMA: CITIGROUP SAYS IT PREFERS BUY-RATED MERCK, ELI LILLY, BRISTOL-MYERS SQUIBB, ASTRAZENECA AND BAYER; 23/04/2018 – Rhode Island DoA: Bristol Warren Regional School District Mon, 4/23/2018, 7:45 PM; 12/04/2018 – Rhode Island DoA: Bristol Planning Board Thu, 4/12/2018, 8:00 PM; 16/04/2018 – Janssen, Bristol-Myers to Advance Next-Generation Therapy for Cardiovascular Diseases

Joel Isaacson & Company Llc increased its stake in Bank Amer Corp (BAC) by 887.95% based on its latest 2018Q1 regulatory filing with the SEC. Joel Isaacson & Company Llc bought 93,013 shares as the company’s stock declined 6.97% with the market. The institutional investor held 103,488 shares of the major banks company at the end of 2018Q1, valued at $3.10M, up from 10,475 at the end of the previous reported quarter. Joel Isaacson & Company Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $296.68B market cap company. The stock decreased 0.48% or $0.14 during the last trading session, reaching $29.26. About 65.47 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 29.72% since June 20, 2017 and is uptrending. It has outperformed by 17.15% the S&P500. Some Historical BAC News: 03/05/2018 – Penumbra Presenting at Bank of America Conference May 17; 23/05/2018 – Arrow Electronics at Bank of America Conference Jun 5; 25/04/2018 – Senate Banking Chairman Chastises Citibank, Bank of America on Guns; 30/05/2018 – MOYNIHAN: BOFA IS AVOIDING RISKY LOANS, SUCH AS SUBPRIME; 16/04/2018 – BAC 1Q EQUITIES TRADING REV. EX-DVA $1.52B, EST. $1.18B; 26/03/2018 – Bank Of America: Bank of America Introduces Business Advantage Relationship Rewards – Monday, March 26, 2018 9:02 am EDT; 18/05/2018 – UOB ceasing foreign currency banknotes import in Taiwan; 03/05/2018 – Bank of America Sued for Refusing Job to Dreamer Raised in U.S; 08/05/2018 – Ellie Mae Presenting at Bank of America Conference Jun 7; 29/03/2018 – BANK OF AMERICA SAYS AXELROD TO START IN MAY, REPLACES MICHELLE CARTER

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Investorplace.com which released: “Trade of the Day: Bank of America Corp Stock Could Be the Next to Rally” on June 07, 2018, also Seekingalpha.com with their article: “Citi warns on bank job automation” published on June 12, 2018, Seekingalpha.com published: “Howard Hughes Corp. starts construction on 55-story Chicago office tower” on June 15, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Fool.com and their article: “How Wells Fargo Is Following in Bank of America’s Footsteps” published on June 11, 2018 as well as Seekingalpha.com‘s news article titled: “Bank Of America: More Tailwinds” with publication date: June 03, 2018.

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.24, from 1.19 in 2017Q4. It fall, 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. M&R Capital Mgmt Inc has 0.33% invested in Bank of America Corporation (NYSE:BAC) for 47,972 shares. Wespac Advsr Limited Co invested in 1.79% or 97,836 shares. Smead Mgmt has 5.09% invested in Bank of America Corporation (NYSE:BAC). Schroder Invest Mgmt Group Inc holds 0.96% or 18.52 million shares. Company Comml Bank owns 0.18% invested in Bank of America Corporation (NYSE:BAC) for 450,709 shares. Laurion Cap Lp holds 428,149 shares. D E Shaw & Communications has 7.82M shares for 0.32% of their portfolio. Eqis Cap Mgmt Inc holds 111,174 shares or 0.17% of its portfolio. 263,934 are owned by Webster National Bank N A. Rowland Inv Counsel Adv, a Georgia-based fund reported 4,226 shares. 2.65 million are held by Teachers Retirement Systems Of The State Of Kentucky. Edgemoor Inv Advsr stated it has 0.04% in Bank of America Corporation (NYSE:BAC). Argent Trust Company reported 1.3% in Bank of America Corporation (NYSE:BAC). Tru Company Of Vermont reported 0.11% of its portfolio in Bank of America Corporation (NYSE:BAC). Hudock Cap Limited stated it has 30,145 shares or 0.38% of all its holdings.

Joel Isaacson & Company Llc, which manages about $2.52B and $573.26 million US Long portfolio, decreased its stake in Spdr Series Trust (SDY) by 7,493 shares to 1.79M shares, valued at $163.17 million in 2018Q1, according to the filing.

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 stock of Bank of America Corporation (NYSE:BAC) has “Hold” rating given on Tuesday, January 9 by Societe Generale. The firm earned “Buy” rating on Tuesday, January 26 by Deutsche Bank. The rating was maintained by Citigroup on Tuesday, April 24 with “Neutral”. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, June 14 report. The rating was maintained by Jefferies on Monday, April 16 with “Buy”. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, July 18 report. The stock of Bank of America Corporation (NYSE:BAC) has “Hold” rating given on Friday, October 6 by BMO Capital Markets. As per Wednesday, November 16, the company rating was downgraded by Robert W. Baird. The stock of Bank of America Corporation (NYSE:BAC) earned “Outperform” rating by Wells Fargo on Thursday, August 10. Nomura maintained Bank of America Corporation (NYSE:BAC) on Tuesday, July 18 with “Buy” rating.

Since April 30, 2018, it had 1 buy, and 0 insider sales for $249,948 activity.

Investors sentiment decreased to 0.83 in 2018 Q1. Its down 0.11, from 0.94 in 2017Q4. It turned negative, as 64 investors sold BMY shares while 573 reduced holdings. 111 funds opened positions while 418 raised stakes. 1.12 billion shares or 1.08% more from 1.11 billion shares in 2017Q4 were reported. Primecap Mngmt Ca has invested 0.78% in Bristol-Myers Squibb Company (NYSE:BMY). Ferguson Wellman Mngmt holds 115,708 shares. Etrade Cap Mgmt Lc holds 48,266 shares or 0.1% of its portfolio. Moreover, Bingham Osborn And Scarborough Ltd Limited Liability Company has 0.03% invested in Bristol-Myers Squibb Company (NYSE:BMY) for 5,387 shares. Corbyn Inv Management Md, a Maryland-based fund reported 150 shares. Mitsubishi Ufj Trust And Banking invested in 0.38% or 3.40 million shares. Intrust Bancshares Na accumulated 18,708 shares or 0.34% of the stock. Sumitomo Life has 50,218 shares for 0.42% of their portfolio. Community Bankshares Na has 0.45% invested in Bristol-Myers Squibb Company (NYSE:BMY) for 37,600 shares. State Of New Jersey Common Pension Fund D holds 1.83 million shares. 10,600 were reported by Harvest Mgmt Llc. Cwm Ltd Liability Co reported 33,671 shares or 0.08% of all its holdings. Palladium Ptnrs Ltd Liability holds 60,070 shares or 0.28% of its portfolio. 47,115 were reported by Horizon Kinetics Ltd Liability. Pettee Investors invested in 2.3% or 58,747 shares.

More notable recent Bristol-Myers Squibb Company (NYSE:BMY) news were published by: Seekingalpha.com which released: “Neon Therapeutics readies IPO” on June 01, 2018, also Seekingalpha.com with their article: “Bristol-Myers Top NASH Contenders” published on June 12, 2018, Streetinsider.com published: “Bristol-Myers Squibb (BMY) Says China National Drug Administration Approved Country’s First Immuno-Oncology …” on June 15, 2018. More interesting news about Bristol-Myers Squibb Company (NYSE:BMY) were released by: Seekingalpha.com and their article: “Nektar down 24% premarket on Opdivo + NKTR-214 data” published on June 04, 2018 as well as Bizjournals.com‘s news article titled: “Why Big Pharma is finally discovering the Bay Area” with publication date: May 23, 2018.

Bristol-Myers Squibb Company (NYSE:BMY) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *