Bank of America Corporation (BAC) — Stock Trend Analysis

Sound Shore Management Inc bought 970,852 shares as the company's stock declined 6.00% while stock markets rallied. Following the transaction, the director now owns 50,000 shares of the company's stock, valued at $1,208,000. About 580,179 shares traded. Bank of America Corp (NYSE:BAC) has risen 58.64% since October 12, 2016 and is uptrending. It has outperformed by 46.63% the S&P500. (NYSE:MXL). Globeflex Limited Partnership has invested 0.31% of its portfolio in MaxLinear, Inc. The Private Asset Management Inc holds 850,519 shares with $20.63M value, down from 863,401 last quarter. Revenue during the quarter was $1.43 billion, representing 4% growth from $1.37 billion in year-ago quarter. Since the start of the trading session, the stock has hit a high of 25.94 and dropped to a low of 25.47. The total number of shares traded in the last 12 months is 2.35 million. Blackrock Inc has invested 0.86% in Bank of America Corp (NYSE:BAC). It has outperformed by 41.94% the S&P500. Therefore 66% are positive. Jefferies maintained Apollo Global Management LLC (NYSE:APO) on Monday, September 25 with "Buy" rating. The firm earned "Hold" rating on Wednesday, May 31 by BMO Capital Markets.

Since May 15, 2017, it had 0 buys, and 11 insider sales for $8.37 million activity. The rating was upgraded by Atlantic Securities on Wednesday, December 21 to "Overweight". Wells Fargo & Company began coverage on shares of Regions Financial Corporation in a research note on Wednesday, August 9th. BMO Capital Markets maintained the stock with "Hold" rating in Friday, October 6 report. On Monday, August 24 the stock rating was upgraded by KBW to "Outperform".

Investors sentiment decreased to 1.12 in 2017 Q2.

Several other institutional investors and hedge funds have also made changes to their positions in RF. Schnieders Cap Limited Liability invested in 160,569 shares. Frontier Inv Mgmt has 166,247 shares for 0.39% of their portfolio. (NASDAQ:CPRT). Suvretta Capital Mgmt Lc stated it has 977,290 shares. Atlanta Company L L C has 4.86 million shares.

Regions Financial Corporation (NYSE:RF) slipped over -0.79% at $15.04. Vaughan David Invests Inc Il owns 25,739 shares for 0.03% of their portfolio. Mondrian Investment Prtnrs holds 2,650 shares. First Heartland Consultants stated it has 0.26% of its portfolio in Bank of America Corp (NYSE:BAC). Da Davidson & Commerce holds 0% or 63 shares in its portfolio. S&Co invested in 136,559 shares. Caxton Associates Lp, New Jersey-based fund reported 268,900 shares. Checchi Cap Advisers Lc reported 76,925 shares.

Bank of America Corporation (NYSE:BAC) last posted its quarterly earnings data on Tuesday, July 18th. The Essex Financial Services Inc holds 211,512 shares with $5.13M value, up from 186,149 last quarter. BAC's profit will be $4.99 billion for 13.62 P/E if the $0.47 EPS becomes a reality.

Average Revenue Estimate for the current quarter is $21.94 Billion, according to consensus forecast of 13 analysts.

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Ftb Advisors Inc decreased its stake in Bank America Corp (BAC) by 7.87% based on its latest 2017Q2 regulatory filing with the SEC.

Investors sentiment increased to 1.09 in Q2 2017. It improved, as 56 investors sold MRK shares while 612 reduced holdings. 37 funds opened positions while 52 raised stakes. Weiss Multi holds 0.46% or 452,806 shares. Atlanta Gru holds 0.45% or 112,874 shares. Baker Boyer Retail Bank accumulated 0.81% or 8,382 shares. Teachers Retirement Systems Of The State Of Kentucky holds 0.01% of its portfolio in MaxLinear, Inc. Norinchukin Natl Bank The reported 393,000 shares or 0.2% of all its holdings. 14,532 are owned by Brave Warrior Advsr Ltd Com. Strategy Asset Managers Limited has invested 0.14% of its portfolio in Bank of America Corp (NYSE:BAC). Mariner Wealth Advsrs Ltd Limited Liability Company owns 39,490 shares. Great West Life Assurance Co Can invested in 0.6% or 9.25 million shares. Northwestern Mutual Wealth reported 300 shares stake. During the same period in the previous year, the firm posted $0.20 earnings per share. Mason Street Advisors Ltd Co holds 28,753 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 1.24% or 1.15M shares.

Among 11 analysts covering Maxlinear Inc.

Regions Financial Corporation (NYSE:RF) last posted its earnings results on Friday, July 21st.

In related news, Director Frank P. Bramble sold 86,763 shares of the stock in a transaction that occurred on Thursday, August 10th.

The company P/E (price to earnings) ratio is 15.95 and Forward P/E ratio is 13.31. CBS Corp had 83 analyst reports since August 6, 2015 according to SRatingsIntel. (NYSE:AEP), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 100% are positive. The rating was maintained by Oppenheimer with "Outperform" on Saturday, September 5. Benchmark maintained the stock with "Buy" rating in Friday, May 5 report. Credit Suisse maintained Merck & Co., Inc. LEWIS DAVID B also sold $240,080 worth of H & R Block Inc (NYSE:HRB) on Monday, June 19. The stock has "Buy" rating by Jefferies on Thursday, September 14. The rating was initiated by Nomura with "Buy" on Tuesday, February 14. The firm has "Neutral" rating by UBS given on Tuesday, January 10. Analysts have placed a $15.39 price target on Regions Financial Corporation, suggesting a 2.33% gain from recent close. The firm earned "Buy" rating on Sunday, August 13 by Keefe Bruyette & Woods. The firm has "Buy" rating given on Tuesday, July 18 by RBC Capital Markets. Finish Line Inc (NASDAQ:FINL) was raised too.

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