Fiduciary Trust Company sold 16,050 shares as Bank Amer Corp (BAC)'s stock declined 6.00%. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.25%. Bank Amer Corp (Put) now has $235.75B valuation. The stock declined 1.25% or $0.3 reaching $23.72 per share. 66,286,260 shares of the stock traded hands. Bank of America Corp (NYSE:BAC) has risen 58.64% since July 17, 2016 and is uptrending. It has outperformed by 41.94% the S&P500. Investment Centers Of America reported 175,449 shares stake. The Average Volume of the company is 80.95 Million, while the Volume of the company in the last trading session was 70.7 Billion. General Electric now has $233.17 billion valuation. Papa Murphy's Holdings Inc (NASDAQ:FRSH) has declined 33.73% since July 18, 2016 and is downtrending.
Among 13 analysts covering Weyerhaeuser Company (NYSE:WY), 8 have Buy rating, 1 Sell and 4 Hold. Therefore 43% are positive. Bank of America had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Separately, Director WHITE MICHAEL D Buy 25000 shares of the company at a price of $20.14 on 2016-11-21. Jefferies maintained Bank of America Corp (NYSE:BAC) rating on Tuesday, June 6. On Thursday, July 13 the stock rating was maintained by Stifel Nicolaus with "Hold". Zacks Investment Research raised shares of Bank of America Corporation from a "hold" rating to a "buy" rating and set a $28.00 target price for the company in a research report on Tuesday, March 21st. The stock of Ford Motor Company (NYSE:F) earned "Hold" rating by Deutsche Bank on Thursday, May 25. "The stock of Bank of America Corp (NYSE:BAC) has "Mkt Perform" rating given on Monday, August 24 by Bruyette & Woods". The rating was upgraded by CLSA on Friday, January 29 to "Outperform". Its up 0.09, from 1.01 in 2016Q3.
Several other large investors also recently bought and sold shares of the stock. Finally, Public Sector Pension Investment Board raised its position in Bank of America Corporation by 313.4% in the fourth quarter. Sandhill Cap Ltd Liability reported 5.24% stake. Campbell Newman Asset holds 0.64% in Bank of America Corp (NYSE:BAC) or 152,000 shares. Amalgamated Commercial Bank has invested 0.68% in Bank of America Corp (NYSE:BAC). Menta Cap Limited Liability Corp invested 0.39% of its portfolio in Ford Motor Company (NYSE:F). Darsana Prtn LP reported 4.00M shares. Coastline Trust Communication owns 0.1% invested in Bank of America Corp (NYSE:BAC) for 22,079 shares. Empirical Finance LLC purchased a new position in Bank of America Corporation during the fourth quarter valued at approximately $103,000. Loews stated it has 16,368 shares. Ascend Ltd Liability Com has invested 0.97% in Bank of America Corp (NYSE:BAC). One big reason for this is the bank's inability to produce profitability numbers that meet or exceed the industry benchmarks of a return on assets (ROA) of 1% and a return on equity (ROE) of 10%. Sirios Cap Mngmt Ltd Partnership holds 7.07% or 6.52M shares. It dived, as 52 investors sold CEMP shares while 34 reduced holdings.
Ascend Capital Llc increased Visa Inc (NYSE:V) stake by 62,980 shares to 352,092 valued at $27.47M in 2016Q4. Cvs Health Corp (NYSE:CVS) was raised too.
Further, a slight rise in expenses and fall in trading revenues (as expected) acted as headwinds. Therefore 27% are positive. The firm has "Buy" rating given on Tuesday, July 19 by Citigroup. The company was downgraded on Wednesday, August 26 by TheStreet.
A number of research firms have issued reports on BAC. On Wednesday, April 12 the stock rating was maintained by Credit Suisse with "Buy". The Market Capitalization of the company stands at 245.02 Billion. The firm earned "Buy" rating on Tuesday, August 11 by Vetr. As per Monday, October 19, the company rating was maintained by Stifel Nicolaus. The insider Caret Leanne G sold 2,400 shares worth $438,552.
Investors sentiment decreased to 0.85 in 2016 Q4. Its down 0.60, from 1.45 in 2016Q3. It dropped, as 69 investors sold BA shares while 508 reduced holdings. Blackrock Advisors Ltd, Delaware-based fund reported 3.77M shares. Prudential owns 0% invested in Mistras Group Inc (NYSE:MG) for 81,549 shares. Two Sigma Secs Ltd accumulated 0.07% or 71,826 shares. Grimes Commerce Incorporated invested 0.16% of its portfolio in Procter & Gamble Co (NYSE:PG). Ssi Inv invested in 0.01% or 12,794 shares. Security National Co invested 0.04% in Weyerhaeuser Co (NYSE:WY). Moreover, Commercial Bank Of Mellon Corp has 0.83% invested in General Electric Company (NYSE:GE). Oregon Employees Retirement Fund stated it has 380,842 shares or 0.24% of all its holdings. Pettee Invsts reported 0.14% in Ford Motor Company (NYSE:F). Hall Laurie J Trustee, a Massachusetts-based fund reported 342,401 shares. Trillium Therapeutics had 3 analyst reports since August 26, 2015 according to SRatingsIntel.
Bank of America (BAC) reported second-quarter net income to shareholders of $4.91 billion or $0.46 per share compared to $4.42 billion or $0.41 per share, last year.
Stock has got OUTPERFORM rating from 2 analyst (s) whereas last month 2 analyst (s) have given outperform rating.