Wednesday, 31 January 2018

Gateway Investment Advisers Has Trimmed Bank Amer (BAC) Stake; Last Week Genpact Limited (G) Analysts

Gateway Investment Advisers Llc decreased Bank Amer Corp (BAC) stake by 0.98% reported in 2017Q3 SEC filing. Gateway Investment Advisers Llc sold 58,467 shares as Bank Amer Corp (BAC)’s stock declined 6.00%. The Gateway Investment Advisers Llc holds 5.89M shares with $149.22M value, down from 5.95M last quarter. Bank Amer Corp now has $327.96 billion valuation. The stock decreased 1.24% or $0.4 during the last trading session, reaching $31.88. About 60.56M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since January 31, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Among 12 analysts covering Genpact Limited (NYSE:G), 7 have Buy rating, 1 Sell and 4 Hold. Therefore 58% are positive. Genpact Limited had 25 analyst reports since August 7, 2015 according to SRatingsIntel. Robert W. Baird maintained the stock with “Outperform” rating in Tuesday, October 10 report. The stock of Genpact Limited (NYSE:G) earned “Buy” rating by Cowen & Co on Thursday, August 3. BMO Capital Markets downgraded the stock to “Market Perform” rating in Monday, July 18 report. The stock of Genpact Limited (NYSE:G) has “Buy” rating given on Thursday, October 12 by Cowen & Co. Robert W. Baird maintained the shares of G in report on Thursday, September 7 with “Buy” rating. Robert W. Baird maintained the stock with “Buy” rating in Wednesday, November 15 report. The firm has “Hold” rating by Zacks given on Friday, August 7. The firm earned “Underweight” rating on Wednesday, August 10 by Morgan Stanley. The rating was initiated by Cowen & Co on Wednesday, July 20 with “Outperform”. The stock of Genpact Limited (NYSE:G) has “Buy” rating given on Wednesday, September 6 by Cowen & Co. See Genpact Limited (NYSE:G) latest ratings:

15/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $38.0 Maintain
12/10/2017 Broker: Cowen & Co Rating: Buy New Target: $33.0 Maintain
10/10/2017 Broker: Robert W. Baird Rating: Outperform Old Target: $34 New Target: $36 Maintain
09/10/2017 Broker: SunTrust Rating: Buy New Target: $34.0 Maintain
25/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $34.0 Maintain
13/09/2017 Broker: Cantor Fitzgerald Rating: Buy New Target: $32.0
07/09/2017 Broker: Robert W. Baird Rating: Buy New Target: $34.0 Maintain
06/09/2017 Broker: Cowen & Co Rating: Buy New Target: $33.0 Maintain
15/08/2017 Broker: Robert W. Baird Rating: Buy New Target: $34.0000
03/08/2017 Broker: Wedbush Rating: Hold New Target: $33.0000 Initiate

The stock decreased 0.87% or $0.3 during the last trading session, reaching $34.03. About 670,954 shares traded. Genpact Limited (NYSE:G) has declined 1.49% since January 31, 2017 and is downtrending. It has underperformed by 18.19% the S&P500.

Investors sentiment increased to 1.72 in Q3 2017. Its up 1.00, from 0.72 in 2017Q2. It is positive, as 14 investors sold Genpact Limited shares while 54 reduced holdings. 38 funds opened positions while 79 raised stakes. 174.78 million shares or 1.13% less from 176.78 million shares in 2017Q2 were reported. Tower Ltd Llc (Trc) invested 0.02% of its portfolio in Genpact Limited (NYSE:G). Macquarie Group Inc has 0% invested in Genpact Limited (NYSE:G) for 4,400 shares. Martingale Asset Mgmt L P holds 854,194 shares or 0.33% of its portfolio. Old Mutual Customised Solutions (Proprietary) Limited holds 6,800 shares. Farmers Merchants Incorporated accumulated 0% or 514 shares. Deutsche Bancorporation Ag holds 147,370 shares or 0% of its portfolio. Ubs Asset Mgmt Americas Incorporated reported 690,220 shares stake. California-based Lpl Ltd has invested 0% in Genpact Limited (NYSE:G). Rhumbline Advisers has invested 0.01% of its portfolio in Genpact Limited (NYSE:G). Los Angeles Cap Management & Equity Inc owns 46,488 shares or 0.01% of their US portfolio. The Georgia-based Voya Inv Limited Liability has invested 0% in Genpact Limited (NYSE:G). Ngam Limited Partnership stated it has 41,959 shares or 0.01% of all its holdings. Moreover, Ent Service has 0% invested in Genpact Limited (NYSE:G). Grandeur Peak Global Advisors Ltd Liability Company reported 281,700 shares. Hutchin Hill Lp has 49,100 shares.

Genpact Limited provides business process outsourcing and information technology management services worldwide. The company has market cap of $6.57 billion. The firm offers finance and accounting services, including accounts payable comprising document management, invoice processing, approval, resolution management, and T&E processing; order to cash services, such as customer master data management, credit and contract management, fulfillment, billing, collections, and dispute management services; record to report services consisting of accounting, closing and reporting, treasury, tax, and product cost accounting services; enterprise performance management, including budgeting, forecasting, business performance reporting, and analytics; and enterprise risk and compliance services comprising SOX advisory, enterprise risk management, internal audit, FCPA, and IT risk management services. It has a 24.97 P/E ratio. It also provides analytics and research services; core industry operation services; business and enterprise risk consulting services; transformation services; and supply chain and procurement services, including direct and indirect strategic sourcing, category management, spend analytics, procurement operations, master data management, and other procurement and supply chain advisory services.

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $2.10 million activity. BRAMBLE FRANK P sold $2.10M worth of Bank of America Corporation (NYSE:BAC) on Thursday, August 10.

Gateway Investment Advisers Llc increased Continental Resources Inc (NYSE:CLR) stake by 20,508 shares to 323,082 valued at $12.47M in 2017Q3. It also upped Amgen Inc (NASDAQ:AMGN) stake by 3,488 shares and now owns 449,586 shares. Herbalife Ltd (NYSE:HLF) was raised too.

Among 32 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 11 Hold. Therefore 66% are positive. Bank of America had 105 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was upgraded by Societe Generale on Wednesday, January 11 to “Buy”. On Friday, August 11 the stock rating was maintained by Jefferies with “Buy”. The rating was maintained by Jefferies on Tuesday, July 21 with “Buy”. The rating was maintained by RBC Capital Markets on Wednesday, April 5 with “Buy”. Credit Agricole upgraded the stock to “Outperform” rating in Friday, January 29 report. BMO Capital Markets maintained the shares of BAC in report on Wednesday, January 17 with “Hold” rating. The rating was maintained by BMO Capital Markets on Monday, October 16 with “Market Perform”. The firm earned “Buy” rating on Tuesday, September 1 by Bernstein. As per Wednesday, January 20, the company rating was upgraded by Sandler O’Neill. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, June 14 report.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.08, from 1.12 in 2017Q2. It is negative, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. Glenview National Bank & Trust Trust Dept reported 27,550 shares stake. Ig Invest Mgmt Ltd holds 0.85% of its portfolio in Bank of America Corporation (NYSE:BAC) for 6.56M shares. Apriem Advsr stated it has 1.11% in Bank of America Corporation (NYSE:BAC). Murphy Pohlad Asset Mngmt Ltd accumulated 66,144 shares. Wms Prns Ltd Com accumulated 0.1% or 32,427 shares. Capital Investors has invested 0.09% of its portfolio in Bank of America Corporation (NYSE:BAC). Integral Derivatives Llc holds 160,939 shares or 0.07% of its portfolio. Douglass Winthrop Advisors Limited Liability Company reported 17,407 shares or 0.03% of all its holdings. Stieven Cap Advisors Lp accumulated 383,000 shares. Archon Prtnrs Lc has 1.86% invested in Bank of America Corporation (NYSE:BAC). Gideon Cap owns 88,016 shares. Commerzbank Aktiengesellschaft Fi reported 4.30M shares. Midwest Management Ltd Liability Company holds 0.31% or 14,738 shares. Natl Planning Corp has 82,748 shares for 0.44% of their portfolio. Vestor Limited Liability Corp accumulated 417,369 shares.

The post Gateway Investment Advisers Has Trimmed Bank Amer (BAC) Stake; Last Week Genpact Limited (G) Analysts appeared first on Stock Market News | HillCountryTimes | Get it Today.



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