Bank of America Corp (BAC) EPS Estimated At $0.47

Two Sigma Securities Boosted Bank Amer (BAC) Position By $9.39 Million; East Coast Asset Management Trimmed By $7.49 Million Its International Business Machs (IBM) Stake

Laurion Capital Management LP Has Lowered By $65.90 Million Its Bank Amer (Put) (BAC) Position; ENTEST BIOMEDICAL (ENTB) Shorts Down By 45.3%

Marshwinds Advisory reported 0.45% stake. (MRK)'s stock declined 2.46%. Merck & Co. now has $173.95B valuation. About 165,668 shares traded. It has outperformed by 46.63% the S&P500.

Tiedemann Wealth Management Llc increased Bank Of America (BAC) stake by 34.15% reported in 2017Q2 SEC filing. Everence Capital Management Inc acquired 24,280 shares as Bank Of America Ord (BAC)'s stock declined 6.00%. Trading was light with 54,957K shares changing hands in the last trading session. About 37.31 million shares traded. It has outperformed by 41.94% the S&P500.

Bank of America Corporation most recently reported earnings per share (EPS) of $0.46 for the June 2017 versus $0.37 in the same quarter past year, representing 24% growth. Therefore 66% are positive.

According to the most recent share price, the dividend yield of Bank of America is just a whisper away from the Standard & Poor's 500 current dividend yield of 1.89%. As per Friday, October 6, the company rating was maintained by BMO Capital Markets. BMO Capital Markets maintained Bank of America Corp (NYSE:BAC) rating on Wednesday, August 23. The firm has "Buy" rating given on Wednesday, January 20 by Sandler O'Neill. The rating was upgraded by Atlantic Securities on Wednesday, December 21 to "Overweight". Instinet reaffirmed a "buy" rating and issued a $27.00 target price on shares of Bank of America Corporation in a report on Saturday, July 22nd. The stock of Apollo Global Management LLC (NYSE:APO) earned "Market Perform" rating by Wood on Monday, July 11. CLSA upgraded Bank of America Corp (NYSE:BAC) on Friday, January 29 to "Outperform" rating.

There are 1 sell rating, 8 hold ratings, 22 buy ratings, 2 strong buy ratings on the stock.

Investors sentiment decreased to 1.12 in 2017 Q2. Shareholders of record on Friday, September 1st were given a $0.12 dividend. It worsened, as 79 investors sold BAC shares while 543 reduced holdings. 120 funds opened positions while 577 raised stakes. Amica Mutual Insurance invested in 312,335 shares. Lombard Odier Asset (Switzerland) owns 0.11% invested in Bank of America Corp (NYSE:BAC) for 40,777 shares. Stock repurchase programs are often a sign that the company's board of directors believes its stock is undervalued. Following the completion of the sale, the director now owns 50,000 shares of the company's stock, valued at approximately $1,208,000. Mirador Cap Prtn LP reported 13,753 shares or 0.21% of all its holdings. Peak6 Investments Limited Partnership owns 3,560 shares for 0% of their portfolio. Leisure Cap reported 0.26% of its portfolio in Bank of America Corp (NYSE:BAC). New Amsterdam Prtn Ltd Liability Company owns 87,579 shares or 0.49% of their USA portfolio. S&Co invested in 136,559 shares. Madison Investment reported 104,741 shares.

The average analyst expects a almost flat third quarter of fiscal 2017 revenue compared to one year ago. IBM's profit will be $3.06B for 11.24 P/E if the $3.28 EPS becomes a reality. After $1.74 actual earnings per share reported by Tech Data Corp for the previous quarter, Wall Street now forecasts 11.49% EPS growth. It also reduced Halliburton Co (Call) (NYSE:HAL) stake by 32,200 shares and now owns 7,900 shares.

Investors sentiment increased to 1.54 in 2017 Q2. Its down 0.03, from 1.15 in 2017Q1. Clear Perspective Advisors LLC raised its stake in Bank of America Corporation by 378.2% during the second quarter. Hollencrest Secs Limited Liability Corporation accumulated 148,099 shares or 0.54% of the stock. Intersect Cap Ltd Liability Company holds 60,808 shares or 2.34% of its portfolio. KRFG's SI was 12,500 shares in October as released by FINRA. Berkshire Asset Management Ltd Limited Liability Company Pa reported 119,914 shares or 0.33% of all its holdings. 219,409 were reported by Rmsincerbeaux Mngmt Ltd Liability. Amp Capital Limited holds 0.67% of its portfolio in Bank of America Corp (NYSE:BAC) for 4.67 million shares. Ameritas Partners has 4,114 shares for 0.01% of their portfolio. Private Advisor Group Incorporated Limited Liability, a New Jersey-based fund reported 85,066 shares. Virtu Finance Limited Liability has 42,075 shares. Beacon Financial Group now owns 26,606 shares of the financial services provider's stock valued at $674,000 after purchasing an additional 10,807 shares during the last quarter. Regal Inv Ltd Liability Co invested in 61,984 shares.

As of the end of the quarter Eqis Capital Management, Inc. had bought a total of 12,923 shares growing its holdings by 16.8%. 23,871 were accumulated by Royal State Bank Of Canada.

On 1/27/2017 Bank of America Corporation announced a quarterly dividend of $0.08 1.28% with an ex dividend date of 3/1/2017 which will be payable on 3/31/2017. The stock has a market capitalization of $272.69 billion, a PE ratio of 15.44 and a beta of 1.25. Oakworth Inc stated it has 1,050 shares. Apollo Global Management had 48 analyst reports since July 30, 2015 according to SRatingsIntel. (NYSE:MRK), 15 have Buy rating, 1 Sell and 4 Hold. Therefore 39% are positive. Robert W. Baird has "Neutral" rating and $18.0 target. Jefferies maintained Merck & Co., Inc. Van Strum & Towne Inc holds 3.02% of its portfolio in International Business Machines Corp. The rating was maintained by FBR Capital with "Hold" on Tuesday, July 11. Citigroup has "Sell" rating and $80 target. The rating was maintained by Deutsche Bank with "Buy" on Tuesday, August 25. The firm has "Outperform" rating given on Thursday, August 10 by Wells Fargo. It also upped At&T Corp. Gcp Applied Technologies Inc was reduced too.

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