Boston Advisors LLC Sells 220685 Shares of Bank of America Corporation (BAC)

Bank of America Corp HEFFX Highlights

Armbruster Capital Management Inc. lifted its stake in Bank of America Corporation by 10.8% in the first quarter.

Donaldson Capital Management Llc, which manages about $967.55 million and $812.95 million US Long portfolio, decreased its stake in Consumer Cyclicals S&P Sectors (XLY) by 13,056 shares to 15,000 shares, valued at $1.22M in 2016Q4, according to the filing. Lowes Cos Inc now has $64.68B valuation.

Fulton Financial Corporation (NASDAQ:FULT) shares were trading higher by 0.58 percent ($0.1) at $17.45 a piece in Friday's session. About 14.37 million shares traded. It has outperformed by 41.94% the S&P500. Credit Suisse Ag sold 22,056 shares as Trimas Corp (TRS)'s stock declined 2.89%. Bridgeway Cap Management holds 246,398 shares. It closed at $26.95 lastly. GTT Communications Inc (NYSE:GTT) has risen 78.59% since September 18, 2016 and is uptrending. It has outperformed by 4.18% the S&P500.

Investors sentiment decreased to 1.12 in 2016 Q4. This represents a $0.48 dividend on an annualized basis and a yield of 1.97%. It improved, as 62 investors sold BAC shares while 560 reduced holdings. 207 funds opened positions while 479 raised stakes.

Bank of America Corporation (NYSE:BAC) has a market cap of $255.75 billion and over the last 12 months, BAC has risen by 55.58%. Cna Financial Corp has 0.68% invested in Bank of America Corp (NYSE:BAC) for 137,525 shares. Fuller & Thaler Asset Mngmt holds 0% or 14,600 shares in its portfolio. Quantum Management accumulated 10,470 shares or 0.01% of the stock. Tokio Marine Asset Management Ltd has 0.48% invested in Bank of America Corp (NYSE:BAC). Ballentine Partners Ltd Liability Co invested 0.07% in Bank of America Corp (NYSE:BAC). Seabridge Invest Lc reported 206,565 shares. Bowling Mngmt has 0.2% invested in Bank of America Corp (NYSE:BAC). Analysts have placed a $26.96 price target on Bank of America Corporation, suggesting a 9.15% gain from recent close. Meiji Yasuda Life owns 7,070 shares for 0.19% of their portfolio. Bourgeon Capital Management Limited Liability Corporation invested in 17,252 shares or 0.24% of the stock. (NYSE:SXI). Silvercrest Asset Mngmt Gp invested in 0.61% or 620,614 shares. Bryn Mawr Trust holds 0.08% or 58,830 shares. Mrj accumulated 84,797 shares.


Among 29 analysts covering Bank of America (NYSE:BAC), 19 have Buy rating, 0 Sell and 10 Hold. Therefore 67% are positive. Analysts forecast that Bank of America Corporation will post $1.81 earnings per share for the current fiscal year. Finally, Wells Fargo & Company began coverage on Bank of America Corporation in a report on Wednesday, August 9th. Bank of America Corporation now has an average rating of "Buy" and a consensus price target of $24.41. The firm earned "Buy" rating on Monday, August 10 by Needham. As per Tuesday, December 13, the company rating was initiated by Suntrust Robinson. As per Sunday, August 13, the company rating was maintained by Keefe Bruyette & Woods. As per Wednesday, January 11, the company rating was maintained by Citigroup. Spark Invest Management Ltd Co holds 10,700 shares or 0% of its portfolio. Magnetar Financial Limited Liability Com has invested 0.27% in Bank of America Corp (NYSE:BAC). On Friday, May 26 the stock rating was maintained by RBC Capital Markets with "Buy". Jefferies has "Buy" rating and $2800 target. The rating was maintained by Oppenheimer with "Buy" on Tuesday, July 18.

Investors sentiment increased to 1.1 in Q4 2016. Its up 0.03, from 1 in 2016Q3. 31 funds opened positions while 79 raised stakes. Jpmorgan Chase & has invested 0% of its portfolio in Standex Int'l Corp. It also reduced its holding in Alphabet Inc by 47,531 shares in the quarter, leaving it with 1.28M shares, and cut its stake in L Brands Inc (LTD). Cornerstone invested in 118,300 shares or 0.48% of the stock. Vetr lowered shares of Bank of America Corporation from a "buy" rating to a "hold" rating and set a $24.20 target price on the stock.in a research report on Monday, June 12th. South Dakota Inv Council has 0.01% invested in Standex Int'l Corp. Ranger Investment Management LP reported 0% of its portfolio in Costco Wholesale Corporation (NASDAQ:COST). Caldwell Orkin Inc reported 0.33% stake. Wellcome Tru Ltd (The) As Trustee Of The Wellcome Tru holds 20.00 million shares.

In other Bank of America Corporation news, Director Frank P. Bramble sold 86,763 shares of the business's stock in a transaction dated Thursday, August 10th. The stock now has Weekly Volatility of 1.68% and Monthly Volatility of 1.79%. 627.42 million shares or 0.25% less from 629.02 million shares in 2016Q3 were reported. Virginia Retirement Sys Et Al invested 0% of its portfolio in TriMas Corp (NASDAQ:TRS). Following the completion of the sale, the director now directly owns 50,000 shares of the company's stock, valued at $1,208,000.

Analysts await Motorola Solutions Inc (NYSE:MSI) to report earnings on November, 2. During the same quarter in the prior year, the business earned $0.41 earnings per share. LOW's profit will be $849.41M for 19.04 P/E if the $1.02 EPS becomes a reality. The financial services provider reported $0.46 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.43 by $0.03.

Among 6 analysts covering Trimas (NASDAQ:TRS), 2 have Buy rating, 0 Sell and 4 Hold. Therefore 50% are positive. Trimas had 17 analyst reports since August 5, 2015 according to SRatingsIntel. On Thursday, April 7 the stock rating was maintained by JP Morgan with "Overweight". On Monday, April 24 the stock rating was downgraded by Berenberg to "Hold". The rating was initiated by Suntrust Robinson with "Buy" on Thursday, February 18. The rating was upgraded by Keefe Bruyette & Woods to "Outperform" on Tuesday, November 29. The stock of Motorola Solutions Inc (NYSE:MSI) earned "Mkt Perform" rating by Bernstein on Tuesday, January 5. The firm earned "Buy" rating on Tuesday, September 8 by Nomura. On Tuesday, September 1 the stock rating was upgraded by Macquarie Research to "Hold". The ex-dividend date of this dividend is Wednesday, August 30th. The rating was downgraded by Guggenheim on Tuesday, November 15 to "Neutral".

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