Stock News

Gillespie Robinson & Grimm Has Cut Bank Of America (BAC) Stake; Profile of 1 Analysts Covering Anglo Asian Mining PLC (LON:AAZ)

Bank of America Corporation (NYSE:BAC) Logo

Gillespie Robinson & Grimm Inc decreased Bank Of America Corp (BAC) stake by 1.66% reported in 2018Q1 SEC filing. Gillespie Robinson & Grimm Inc sold 17,913 shares as Bank Of America Corp (BAC)’s stock declined 6.97%. The Gillespie Robinson & Grimm Inc holds 1.06M shares with $31.85 million value, down from 1.08M last quarter. Bank Of America Corp now has $296.48 billion valuation. The stock decreased 0.00% or $0.0001 during the last trading session, reaching $29.2399. About 23.70 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 29.72% since June 21, 2017 and is uptrending. It has outperformed by 17.15% the S&P500. Some Historical BAC News: 08/03/2018 – SEC: MERRILL LYNCH CHARGED WITH GATEKEEPING FAILURES; 14/05/2018 – Union Pacific Presenting at Bank of America Conference Tomorrow; 15/05/2018 – BANK OF AMERICA – CREDIT CARD DELINQUENCY RATE 1.63 PCT AT APRIL END VS 1.69 PCT AT MARCH END – SEC FILING; 18/04/2018 – Intersect ENT Presenting at Bank of America Conference May 16; 16/04/2018 – Bank of America earnings earnings beat on strong loan growth, lower taxes; 25/04/2018 – BANK OF AMERICA SAYS SHAREHOLDER PROPOSAL FOR SEPARATE CHAIRMAN AND CEO FAILS WITH 30.7 PCT OF VOTES CAST; 09/04/2018 – CEMEX CX.N : BOFA MERRILL RAISES PRICE OBJECTIVE TO $8.50 FROM $8; 01/05/2018 – Bank of America: Bay Area Small Business Optimism on the Rise Tue, 01 May 2018 13:00:00 +0000; 02/04/2018 – Global Loan Issuance Increases 15% This Year, BofA Leads; 19/03/2018 – U.S. Leveraged Loan Issuance Down 45% This Year, BofA Leads

Among 2 analysts covering Anglo Asian Mining PLC (LON:AAZ), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Anglo Asian Mining PLC had 18 analyst reports since September 22, 2015 according to SRatingsIntel. The stock of Anglo Asian Mining PLC (LON:AAZ) has “Hold” rating given on Thursday, January 14 by SP Angel. SP Angel maintained the stock with “Buy” rating in Monday, September 12 report. The stock of Anglo Asian Mining PLC (LON:AAZ) has “Buy” rating given on Monday, October 17 by SP Angel. The company was maintained on Thursday, April 14 by Beaufort Securities. On Tuesday, January 17 the stock rating was maintained by SP Angel with “Hold”. The stock of Anglo Asian Mining PLC (LON:AAZ) has “Hold” rating given on Friday, December 16 by SP Angel. The firm has “Buy” rating by SP Angel given on Friday, September 16. Beaufort Securities maintained the shares of AAZ in report on Thursday, October 15 with “Speculative Buy” rating. The rating was maintained by SP Angel on Wednesday, November 11 with “Hold”. SP Angel maintained the stock with “Hold” rating in Friday, December 23 report. See Anglo Asian Mining PLC (LON:AAZ) latest ratings:

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Bizjournals.com which released: “CBJ Morning Buzz: Big changes for BofA workforce; Meck County approves tax hike; Latest on CLT snafu” on June 20, 2018, also Seekingalpha.com with their article: “US banks may boost payouts by $30B after stress tests: Bloomberg” published on June 19, 2018, Nasdaq.com published: “3 Key Bank Stocks Ahead of the Stress Tests” on June 20, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank Of America: More Tailwinds” published on June 03, 2018 as well as Fool.com‘s news article titled: “Why You Should Avoid This Bank’s Stock” with publication date: June 21, 2018.

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. Credit Suisse maintained the shares of BAC in report on Thursday, June 1 with “Buy” rating. The firm has “Market Perform” rating by BMO Capital Markets given on Monday, October 16. Wood maintained the stock with “Outperform” rating in Friday, April 7 report. The firm earned “Buy” rating on Monday, April 16 by Vining Sparks. The company was upgraded on Monday, August 24 by Bruyette & Woods”. The rating was upgraded by Atlantic Securities on Wednesday, December 21 to “Overweight”. Citigroup downgraded Bank of America Corporation (NYSE:BAC) on Tuesday, April 4 to “Neutral” rating. UBS maintained the stock with “Neutral” rating in Monday, October 16 report. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, June 6. The company was downgraded on Thursday, December 1 by Standpoint Research.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on July, 17. They expect $0.63 EPS, up 36.96% or $0.17 from last year’s $0.46 per share. BAC’s profit will be $6.39B for 11.60 P/E if the $0.63 EPS becomes a reality. After $0.62 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 1.61% EPS growth.

Investors sentiment decreased to 0.95 in 2018 Q1. Its down 0.24, from 1.19 in 2017Q4. It dived, 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. Maple Cap Mngmt reported 352,547 shares or 2.64% of all its holdings. Legg Mason Asset Mgmt (Japan) Co Ltd holds 1.15% of its portfolio in Bank of America Corporation (NYSE:BAC) for 54,200 shares. Boltwood Capital Mngmt invested 0.19% in Bank of America Corporation (NYSE:BAC). Mckinley Capital Mngmt Limited Com Delaware reported 1.37 million shares. Lombard Odier Asset Mgmt (Usa) invested 0.17% in Bank of America Corporation (NYSE:BAC). One Capital Limited Liability Corp reported 115,622 shares. Johnson Financial Group holds 117,152 shares or 0.42% of its portfolio. Athena Cap Advsrs Limited Company reported 88,375 shares. Glenview Comml Bank Trust Dept holds 0.34% or 24,175 shares in its portfolio. 550,000 were reported by Caxton Associates Limited Partnership. The New York-based Eagle Capital Llc has invested 2.52% in Bank of America Corporation (NYSE:BAC). Greatmark Invest Inc has 262,620 shares. Ing Groep Nv reported 14.97M shares stake. Gendell Jeffrey L, a Connecticut-based fund reported 1.16 million shares. Atalanta Sosnoff Ltd Co invested in 4.46% or 4.47 million shares.

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

Leave a Reply

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