Published: Sat, December 16, 2017
Finance | By Loren Pratt

WINTON GROUP Ltd Decreases Position in Bank of America Corp (BAC)


The stock increased 0.91% or $1.36 during the last trading session, reaching $150.86. About 69.17M shares traded or 1.90% up from the average. Bank of America Corporation (NYSE:BAC) has risen 58.64% since December 15, 2016 and is uptrending. It has outperformed by 41.94% the S&P500. SLGD's SI was 21,700 shares in December as released by FINRA. Bnp Paribas Arbitrage accumulated 0% or 2,322 shares. With 700 avg volume, 226 days are for PHX ENERGY SERVICES (OTCMKTS:PHXHF)'s short sellers to cover PHXHF's short positions. The SI to Praxair Incorporated's float is 1.51%. The regular trading started at $29.06 but as the trading continued, the stock receded, settling the day with a fall of -0.38%. About 170,060 shares traded. It has outperformed by 6.59% the S&P500. They expect $0.38 earnings per share, up 80.95% or $0.17 from last year's $0.21 per share.

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold.

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 100% are positive. The firm has "Buy" rating given on Tuesday, January 26 by Deutsche Bank. The rating was maintained by Piper Jaffray on Friday, August 11 with "Buy". The rating was maintained by Jefferies with "Buy" on Tuesday, July 21. UBS downgraded it to "Neutral" rating and $23 target in Wednesday, January 11 report. "The stock has "Mkt Perform" rating by Bruyette & Woods" on Monday, August 24. The PEG ratio shows us that, when compare to the beer company, the always-popular tech company doesn't have the growth rate to justify its higher P/E, and its stock price appears overvalued. Robert W. Baird maintained it with "Hold" rating and $24.0 target in Friday, September 29 report. On Tuesday, July 18 the stock rating was maintained by Oppenheimer with "Buy". (NASDAQ:NFLX) rating on Friday, April 1. On Thursday, September 14 the stock rating was maintained by Jefferies with "Buy".

Scholtz & Company Llc decreased Electronic Arts Inc (NASDAQ:EA) stake by 17,980 shares to 29,605 valued at $3.13 million in 2017Q2. It also increased its holding in Cisco Systems Inc (NASDAQ:CSCO) by 64,635 shares in the quarter, for a total of 296,926 shares, and has risen its stake in Intel Corp (NASDAQ:INTC). Abbvie Inc Com (NYSE:ABBV) was reduced too.

Investors sentiment decreased to 1.04 in 2017 Q2. This represents a $0.48 annualized dividend and a yield of 1.65%. 3 were sells. Insider ownership decreased by a total of 59575 shares, which suggests that BAC's key executives are feeling less optimistic about the outlook for the stock. 120 funds opened positions while 577 raised stakes. Parametric Port Associate Limited Liability Com holds 43,099 shares. Corvex Management Lp bought 2.20 million shares as the company's stock declined 6.00% while stock markets rallied. Grimes owns 50,846 shares for 0.14% of their portfolio. Smithfield Tru owns 20,878 shares or 0.07% of their USA portfolio.

Bank of America (NYSE:BAC) declared that its Board of Directors has approved a share buyback program, which authorizes the company to buyback $5.00 billion in shares on Tuesday, December 5th, EventVestor reports.


Bank of America (NYSE:BAC) last posted its quarterly earnings data on Friday, October 13th. Schroder Investment Mngmt Grp invested in 0.47% or 10.61M shares. Assets Investment Management Ltd holds 1.06% or 211,670 shares. First Financial In stated it has 1,240 shares. Kingfisher Capital Lc stated it has 0.55% in Bank of America Corporation (NYSE:BAC). Amica Mutual Insurance Co has 312,335 shares for 0.69% of their portfolio. Finally, Vetr raised Bank of America from a "sell" rating to a "hold" rating and set a $25.61 price target on the stock in a research note on Monday, October 9th. The institutional investor held 198,659 shares of the major banks company at the end of 2017Q2, valued at $4.82 million, up from 137,653 at the end of the previous reported quarter. Ledyard Bank accumulated 0.07% or 20,964 shares.

Since August 10, 2017, it had 0 insider purchases, and 1 insider sale for $2.10 million activity. About 60.62 million shares traded.

Investors sentiment decreased to 2 in 2017 Q2. Its up 0.24, from 1.01 in 2017Q1. After $0.20 actual earnings per share reported by Monsanto Company for the previous quarter, Wall Street now forecasts 90.00% EPS growth. 23,004 were reported by Tiemann Inv Ltd Llc. Argi Investment Llc has invested 0.04% in Bank of America Corporation (NYSE:BAC). (NYSE:PFE) stake by 1.06 million shares and now owns 4.75 million shares. Fred Alger Management holds 0% in American Software, Inc. (NYSE:PX) for 253,832 shares. Moreover, Retirement Of Alabama has 0.01% invested in United Natural Foods, Inc. (NASDAQ:AMSWA). Missouri-based Stifel Finance has invested 0% in American Software, Inc. Highfields Cap Management Limited Partnership holds 4.48% or 5.11 million shares. Balasa Dinverno Foltz Ltd Liability Company stated it has 2,611 shares. (NASDAQ:UNFI). Rhumbline Advisers holds 0.01% or 112,813 shares. Moreover, Palisade Asset Ltd has 0.07% invested in Praxair, Inc. 98,657 are owned by Dnb Asset As. (NYSE:PX) or 55,036 shares. Therefore 18% are positive. Citigroup has "Neutral" rating and $116 target. Old West Investment Management LLC's holdings in Bank of America were worth $3,029,000 at the end of the most recent quarter. As per Monday, August 10, the company rating was maintained by Topeka Capital Markets. The firm earned "Buy" rating on Thursday, June 8 by William Blair. FBR Capital has "Buy" rating and $12.25 target. The stock has "Hold" rating by BMO Capital Markets on Wednesday, May 31. Goldman Sachs maintained the stock with "Buy" rating in Friday, October 13 report.

Praxair, Inc. produces and distributes industrial gases. Baskin Financial Services Inc who had been investing in Moody's Corp for a number of months, seems to be bullish on the $28.81B market cap company. It operates through North America, Europe, South America, Asia, and Surface Technologies divisions. The firm offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene.

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