Inc. acquired a new position in shares of Bank of America during the 2nd quarter worth approximately $1,017,000. Stevens Capital Management Lp who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $325.33B market cap company. Given that liquidity is king in short-term, USB is a stock with 1.67 billion shares outstanding that normally trades 0.84% of its float.
Shares of Bank of America Corp (NYSE BAC) opened at $31.19 on Friday. It has outperformed by 41.94% the S&P500.
Invesco Ltd decreased Range Res Corp (RRC) stake by 48.08% reported in 2017Q3 SEC filing. The institutional investor held 4,850 shares of the automotive aftermarket company at the end of 2017Q3, valued at $21,000, down from 240,825 at the end of the previous reported quarter. Edwards Lifesciences Corp now has $25.57B valuation. The stock decreased 1.37% or $0.26 during the last trading session, reaching $18.76. About 6.66M shares traded. Carbonite, Inc. (NASDAQ:CARB) has risen 113.73% since January 13, 2017 and is uptrending. It has underperformed by 52.75% the S&P500.
Investors sentiment increased to 1.16 in Q3 2017. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.54%. Sold All: 68 Reduced: 569 Increased: 547 New Position: 117.
A number of other institutional investors and hedge funds also recently made changes to their positions in BAC. Howland Mngmt Ltd invested in 0.03% or 15,419 shares. Price T Rowe Assoc Inc Md holds 0.11% of its portfolio in Bank of America Corporation (NYSE:BAC) for 25.69 million shares. Vanguard Gp holds 0% of its portfolio in KMG Chemicals, Inc. Ontario Teachers Pension Plan Board holds 1.02% or 3.05M shares. (NYSE:KMG) for 407,003 shares. This buyback authorization allows the financial services provider to reacquire shares of its stock through open market purchases. It improved, as 10 investors sold TA shares while 22 reduced holdings.
Ntv Asset Management Llc, which manages about $344.82 million US Long portfolio, decreased its stake in Select Sector Spdr Tr (XLI) by 6,300 shares to 52,680 shares, valued at $3.74 million in 2017Q3, according to the filing. The stock went up 17.10% at some stage in past quarter. 454,152 are held by Front Barnett Assocs Ltd Company. Oppenheimer & Company reported 0.57% stake. 142,030 were reported by Whittier. Millrace Asset Gru Inc Inc reported 3.69% of its portfolio in Carbonite, Inc.
QUALCOMM, Inc. (QCOM) Shares Sold by United Bank VA
It is negative, as 73 investors sold AMZN shares while 549 reduced holdings. 127 funds opened positions while 657 raised stakes. The stock of QUALCOMM Incorporated (NASDAQ:QCOM) has "Outperform" rating given on Thursday, November 5 by RBC Capital Markets.
Since August 10, 2017, it had 0 buys, and 1 insider sale for $2.10 million activity. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating, eighteen have given a buy rating and two have assigned a strong buy rating to the stock. Therefore 66% are positive. Royal Bank of Canada reissued a "buy" rating and set a $30.00 price objective on shares of Bank of America in a report on Friday, December 8th. The stock of Bank of America Corporation (NYSE:BAC) has "Mkt Perform" rating given on Tuesday, August 25 by Bernstein. The stock of Bank of America Corporation (NYSE:BAC) earned "Buy" rating by Jefferies on Wednesday, October 7. The rating was maintained by BMO Capital Markets on Wednesday, August 23 with "Hold". The stock has "Neutral" rating by Citigroup on Tuesday, April 4. Bank of America's quarterly revenue was up 2.1% on a year-over-year basis. analysts forecast that Bank of America will post 1.79 EPS for the current fiscal year. The rating was initiated by Citigroup on Thursday, November 12 with "Sell". The stock has "Buy" rating by Jefferies on Monday, October 10. The rating was maintained by BMO Capital Markets on Monday, October 16 with "Market Perform". UBS maintained General Electric Company (NYSE:GE) rating on Friday, October 14.
Redfin Corporation (NASDAQ:RDFN) had an increase of 17.79% in short interest. 8,091 shares were sold by TAHL CINDY, worth $31,124.
Among 40 analysts covering Range Resources Corp. The rating was maintained by Rosenblatt on Wednesday, December 13 with "Buy". Therefore 56% are positive. As per Sunday, July 23, the company rating was maintained by Renaissance Macro Securities LLC. Geode Capital Mgmt Ltd Liability accumulated 0% or 65,074 shares. The firm has "Buy" rating given on Tuesday, January 26 by Deutsche Bank. The firm earned "Buy" rating on Tuesday, January 9 by Sandler O'Neill. As per Thursday, December 21, the company rating was maintained by Keefe Bruyette & Woods. RBC Capital Markets maintained the stock with "Buy" rating in Friday, June 2 report. The firm has "Outperform" rating by Oppenheimer given on Saturday, September 5. The company was upgraded on Monday, November 13 by Langenberg. The stock of TravelCenters of America LLC (NASDAQ:TA) earned "Outperform" rating by FBR Capital on Wednesday, November 9. Burke And Herbert Bankshares And Trust invested in 1.18% or 51,554 shares. Its the same as in 2017Q2. (NYSE:D) for 260,300 shares. 248.08 million shares or 7.58% more from 230.61 million shares in 2017Q2 were reported. 139,102 were reported by Amp Cap Investors Limited. Mackenzie Corporation reported 108,868 shares or 0.01% of all its holdings. MPS Loria Financial Planners LLC bought a new stake in shares of Bank of America in the 2nd quarter worth about $115,000. Delta Asset Management Lc Tn stated it has 10,585 shares. (NYSE:KMG). Mufg Americas Holding holds 0% in KMG Chemicals, Inc. 44,522 were reported by Ancora Ltd Liability Com. Pitcairn Co invested in 0.39% or 135,109 shares. (NASDAQ:TRIP). The Florida-based State Board Of Administration Of Florida Retirement Sys has invested 0.02% in TripAdvisor, Inc. Overall, the share price is up 5.79% so far this year. Baystate Wealth Management Ltd reported 0.01% stake. State Street accumulated 0.02% or 4.49 million shares. Exxonmobil Inv Mngmt Tx has invested 0.02% of its portfolio in Range Resources Corporation (NYSE:RRC). 59,023 were accumulated by Art Ltd Company.
Analysts await KMG Chemicals, Inc. During the same period past year, the business earned $0.41 EPS. RRC's profit will be $34.19M for 31.39 P/E if the $0.14 EPS becomes a reality. The financial services provider reported $0.48 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.46 by $0.02.
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