Bank of America earnings boosted by higher interest rates

Bank of America earnings boosted by higher interest rates

(EXPE) stake by 229.07% reported in 2017Q2 SEC filing. The Johnson Investment Counsel Inc holds 81,455 shares with $1.98M value, up from 39,907 last quarter. Expedia Inc. now has $22.44 billion valuation.

Looking into last 5 trades, the stock observed a return of nearly -2.60%. About 18,100 shares traded. It has outperformed by 1.83% the S&P500.

Investors sentiment decreased to 1.12 in Q2 2017. This represents a $0.48 annualized dividend and a yield of 1.89%. These holdings make up 68.78% of the company's outstanding shares. On average, equities analysts forecast that Bank of America Corporation will post $1.79 earnings per share for the current year. Asset Mngmt holds 56,631 shares or 0.02% of its portfolio. Spirit Of America Mgmt New York holds 0.11% in Bank of America Corp (NYSE:BAC) or 42,300 shares. Moreover, Scholtz And Co Ltd Liability Company has 3.41% invested in Bank of America Corp (NYSE:BAC). Pennsylvania holds 111,909 shares. The California-based Tiemann Investment Advsr Lc has invested 0.5% in Bank of America Corp (NYSE:BAC). Boys Arnold & reported 44,905 shares or 0.14% of all its holdings. Vetr raised shares of Bank of America Corporation from a "buy" rating to a "strong-buy" rating and set a $26.59 price objective for the company in a research report on Wednesday, August 30th. 10,929 are owned by Dubuque Natl Bank Trust. Deutsche Bank AG reaffirmed a "hold" rating on shares of Bank of America Corporation in a report on Monday, July 3rd. Kornitzer Capital Mgmt Ks invested in 150,552 shares. 900 are held by Barnett &.

Now insiders hold 15,342,468 shares in the business which makes up 0.15% of shares. Gateway Advisory LLC boosted its position in Bank of America Corporation by 0.4% in the 2nd quarter. M Holdings Securities Inc. boosted its holdings in shares of Bank of America Corporation by 72.9% during the first quarter. Following the sale, the director now owns 50,000 shares of the company's stock, valued at approximately $1,208,000. Dennys Corp (NASDAQ:DENN) was reduced too. BidaskClub raised Bank of America Corporation from a "hold" rating to a "buy" rating in a report on Friday, July 7th. Therefore 66% are positive. The firm has "Buy" rating given on Tuesday, September 8 by Nomura. (NYSE:PEP) has "Buy" rating given on Thursday, June 22 by Jefferies. Citigroup Inc. reissued a "neutral" rating and issued a $27.00 price objective (up from $25.00) on shares of Bank of America Corporation in a research report on Monday.

Bank of America Corporation (BAC) opened at 25.45 on Friday. As per Tuesday, August 25, the company rating was upgraded by Bernstein.

More news: Boy Scouts to expand participation of girls

Moynihan's quest to right Bank of America drew praise this month from Berkshire Hathaway Inc.'s Warren Buffett, the firm's largest shareholder. The rating was maintained by RBC Capital Markets with "Buy" on Friday, October 6. The institutional investor held 5,795 shares of the consumer non-durables company at the end of 2017Q2, valued at $669,000, down from 141,626 at the end of the previous reported quarter.

Golub Group Llc decreased its stake in Pepsico Inc (PEP) by 95.91% based on its latest 2017Q2 regulatory filing with the SEC.

Since May 5, 2017, it had 0 buys, and 3 sales for $563,430 activity. (NYSE:CLH), 6 have Buy rating, 1 Sell and 7 Hold. PepsiCo had 55 analyst reports since July 21, 2015 according to SRatingsIntel. As per Tuesday, January 31, the company rating was upgraded by KeyBanc Capital Markets. The stock of Public Storage (NYSE:PSA) earned "Outperform" rating by Raymond James on Friday, September 4. JP Morgan maintained the stock with "Overweight" rating in Thursday, April 7 report.

Investors sentiment decreased to 0.75 in 2017 Q2. Bank of America Corporation's dividend payout ratio (DPR) is presently 28.57%. It is positive, as 16 investors sold CLH shares while 69 reduced holdings. Letko Brosseau Associates holds 9.22M shares or 2.19% of its portfolio.

Bank of America Corporation is a bank holding company and a financial holding company.

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