Edge Wealth Management Llc increased Bank Of America Corp (BAC) stake by 111.31% reported in 2017Q3 SEC filing. Edge Wealth Management Llc acquired 189,975 shares as Bank Of America Corp (BAC)’s stock declined 6.00%. The Edge Wealth Management Llc holds 360,654 shares with $9.15M value, up from 170,679 last quarter. Bank Of America Corp now has $327.96B valuation. The stock decreased 1.24% or $0.4 during the last trading session, reaching $31.88. About 60.56 million 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 10 analysts covering Bright Horizons (NYSE:BFAM), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Bright Horizons had 26 analyst reports since August 5, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Buy” rating and $87.0 target in Wednesday, November 1 report. The rating was maintained by BMO Capital Markets with “Hold” on Friday, September 15. RBC Capital Markets maintained it with “Outperform” rating and $71 target in Tuesday, February 9 report. The stock of Bright Horizons Family Solutions Inc. (NYSE:BFAM) earned “Buy” rating by RBC Capital Markets on Wednesday, October 11. The company was maintained on Monday, November 9 by RBC Capital Markets. Credit Suisse reinitiated the shares of BFAM in report on Wednesday, February 3 with “Outperform” rating. The firm has “Market Perform” rating given on Friday, February 10 by William Blair. Robert W. Baird maintained the stock with “Hold” rating in Monday, January 8 report. RBC Capital Markets maintained the shares of BFAM in report on Tuesday, August 1 with “Buy” rating. BMO Capital Markets maintained it with “Market Perform” rating and $90 target in Thursday, November 2 report. See Bright Horizons Family Solutions Inc. (NYSE:BFAM) latest ratings:
17/01/2018 Broker: BMO Capital Markets Rating: Hold New Target: $98.0 Maintain
08/01/2018 Broker: Robert W. Baird Rating: Hold New Target: $100.0 Maintain
21/12/2017 Broker: Macquarie Research Rating: Hold New Target: $95.0 Initiate
19/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $89.0 Maintain
03/11/2017 Broker: Citigroup Rating: Buy Old Target: $92 New Target: $100 Maintain
01/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $87.0 Maintain
02/11/2017 Broker: Credit Suisse Rating: Neutral Old Target: $83 New Target: $90 Maintain
02/11/2017 Broker: BMO Capital Markets Rating: Market Perform Old Target: $85 New Target: $90 Maintain
11/10/2017 Broker: RBC Capital Markets Rating: Buy New Target: $82.0 Maintain
02/10/2017 Broker: Barclays Capital Rating: Buy New Target: $90.0
Edge Wealth Management Llc decreased Ellington Financial Llc (NYSE:EFC) stake by 30,000 shares to 2,500 valued at $40,000 in 2017Q3. It also reduced Verizon Communications Inc (NYSE:VZ) stake by 16,353 shares and now owns 261,374 shares. Ies Holdings Inc was reduced 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. As per Wednesday, December 6, the company rating was maintained by RBC Capital Markets. The rating was upgraded by Robert W. Baird on Tuesday, September 1 to “Buy”. The company was downgraded on Monday, May 16 by Wood. The rating was maintained by Citigroup on Wednesday, January 11 with “Buy”. Jefferies maintained Bank of America Corporation (NYSE:BAC) rating on Monday, October 10. Jefferies has “Buy” rating and $19 target. The company was upgraded on Monday, August 24 by Bruyette & Woods”. The rating was downgraded by Standpoint Research on Thursday, December 1 to “Hold”. The company was downgraded on Tuesday, November 15 by Guggenheim. Robert W. Baird maintained the shares of BAC in report on Friday, August 25 with “Hold” rating. The rating was maintained by Robert W. Baird with “Hold” on Friday, September 29.
Since August 10, 2017, it had 0 buys, and 1 insider sale for $2.10 million activity. 86,763 shares were sold by BRAMBLE FRANK P, worth $2.10 million on Thursday, August 10.
Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2. It dived, 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. Fred Alger Mngmt invested in 9.48M shares or 1.12% of the stock. Mackay Shields Ltd Co owns 666,299 shares or 0.63% of their US portfolio. Winfield Assocs Inc has 0.12% invested in Bank of America Corporation (NYSE:BAC) for 9,040 shares. Plante Moran Advsrs Llc holds 0.21% of its portfolio in Bank of America Corporation (NYSE:BAC) for 14,254 shares. Choate Invest Advisors invested 0.04% in Bank of America Corporation (NYSE:BAC). 1.20 million are owned by Mutual Of America Capital Mgmt Llc. Riverpoint Cap Ltd Com invested in 1.02% or 619,861 shares. Eagleclaw Cap Managment Ltd has invested 1.14% in Bank of America Corporation (NYSE:BAC). 555,644 are held by Gardner Lewis Asset Mgmt Ltd Partnership. Afam Cap Inc has 0.84% invested in Bank of America Corporation (NYSE:BAC) for 274,665 shares. 249,671 are owned by Silvercrest Asset Management Gru Ltd. Paradigm Advisors Limited Liability Co invested 4.05% in Bank of America Corporation (NYSE:BAC). Community Savings Bank Of Raymore has invested 0.81% in Bank of America Corporation (NYSE:BAC). The New York-based Howard has invested 0.09% in Bank of America Corporation (NYSE:BAC). Advsr Asset Mngmt reported 0.03% in Bank of America Corporation (NYSE:BAC).
Bright Horizons Family Solutions Inc. provides child care, early education, and other services for employers and families. The company has market cap of $5.66 billion. It operates through Full Service Center-Based Child Care, Back-Up Dependent Care, and Other Educational Advisory Services divisions. It has a 48.07 P/E ratio. The Full Service Center-Based Child Care segment offers traditional center child care, preschool, and elementary education services.
The post Edge Wealth Management Raised By $4.75 Million Its Bank Of America (BAC) Position; 4 Analysts Covering Bright Horizons Family Solutions Inc. (BFAM) appeared first on Stock Market News | HillCountryTimes | Get it Today.
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