Kahn Brothers Group Inc decreased its stake in Bank Of America (BAC) by 3.08% based on its latest 2018Q4 regulatory filing with the SEC. Kahn Brothers Group Inc sold 742 shares as the company’s stock rose 2.11% with the market. The hedge fund held 23,385 shares of the major banks company at the end of 2018Q4, valued at $576.21M, down from 24,127 at the end of the previous reported quarter. Kahn Brothers Group Inc who had been investing in Bank Of America for a number of months, seems to be less bullish one the $279.58 billion market cap company. The stock increased 0.40% or $0.11 during the last trading session, reaching $29. About 24.54 million shares traded. Bank of America Corporation (NYSE:BAC) has declined 7.78% since April 10, 2018 and is downtrending. It has underperformed by 12.15% the S&P500. Some Historical BAC News: 25/04/2018 – BofA Says 151 Employees Were Affected by Mass Shootings in U.S; 05/03/2018 – Savita Subramanian, head of U.S. equity and quantitative strategy at Bank of America Merrill Lynch, said in a note to clients Friday that fund managers may be piling into these names as interest rates rise; 01/05/2018 – Hawaiian Holdings at Bank of America Conference May 15; 01/05/2018 – Bank of America: Two-Thirds of Boston Entrepreneurs Foresee Long-Term Growth – Highest Since 2015; 24/05/2018 – Cardlytics Presenting at Bank of America Conference Jun 7; 13/03/2018 – SUPER MICRO COMPUTER – NEW DEBT FACILITY, TO BE LED BY BOFA MERRILL LYNCH, IS EXPECTED TO INCLUDE OTHER LENDERS & INCREASE CO’S BORROWING CAPACITY; 31/03/2018 – Mansion Global: Former Merrill Lynch CEO John Thain Slated to Join Deutsche Bank Supervisory Board; 16/04/2018 – BANK OF AMERICA QTRLY CET1 RATIO UNDER BASEL 3 STANDARDIZED APPROACH 11.4 PCT; 20/04/2018 – Radius Health Presenting at Bank of America Conference May 15; 30/03/2018 – ABF Journal: BofA Upsizes Huron Revolver to $150MM
Sigma Investment Counselors Inc decreased its stake in Duke Energy Corp New (DUK) by 79.48% based on its latest 2018Q4 regulatory filing with the SEC. Sigma Investment Counselors Inc sold 15,726 shares as the company’s stock rose 2.60% with the market. The institutional investor held 4,061 shares of the power generation company at the end of 2018Q4, valued at $350,000, down from 19,787 at the end of the previous reported quarter. Sigma Investment Counselors Inc who had been investing in Duke Energy Corp New for a number of months, seems to be less bullish one the $65.47B market cap company. The stock decreased 0.31% or $0.28 during the last trading session, reaching $89.97. About 2.01 million shares traded. Duke Energy Corporation (NYSE:DUK) has risen 18.95% since April 10, 2018 and is uptrending. It has outperformed by 14.58% the S&P500. Some Historical DUK News: 15/05/2018 – DUKE ENERGY: NEW EXEC APPOINTMENTS FOR CUSTOMER SERVICES; 26/04/2018 – Duke Energy Bond Trading 2x Average; Clients Net Buyers; 09/05/2018 – Duke Energy: Amendment to Eliminate Supermajority Requirements Wasn’t Approved at Annual Meeting; 27/03/2018 – Charlotte BizJournal: Duke Energy’s revived `Green Source’ renewables program gives advocates the blues; 05/04/2018 – DUKE SAYS BRUNSWICK 1 REACTOR RECONNECTED TO GRID; 16/05/2018 – DUKE ENERGY CAROLINAS – FINANCIAL TERMS OF DEAL ARE NOT BEING DISCLOSED PRESENTLY; 22/05/2018 – Duke Energy: Bill Currens, Senior Vice Pres, Controller and Chief Acctg Officer, Will Assume Leadership of the Fincl Planning and Analysis Organization; 13/04/2018 – Duke Energy to deliver $38 million in tax savings to Ohio and Kentucky customers; 13/04/2018 – DUKE CUTS OCONEE 1 REACTOR TO 0% POWER FROM 100%: NRC; 27/04/2018 – Rising fuel costs to increase Duke Energy Progress customer bills in South Carolina
Investors sentiment increased to 1.01 in 2018 Q4. Its up 0.10, from 0.91 in 2018Q3. It increased, as 53 investors sold DUK shares while 361 reduced holdings. 102 funds opened positions while 317 raised stakes. 437.22 million shares or 7.02% more from 408.54 million shares in 2018Q3 were reported. Van Cleef Asset Managementinc, a Ohio-based fund reported 9,937 shares. Diversified Tru accumulated 3,523 shares. Advsrs Ok invested in 0.03% or 5,878 shares. Dsam Partners (London) Ltd invested in 0.54% or 30,000 shares. Mycio Wealth Prtn Limited Liability Co, Pennsylvania-based fund reported 17,723 shares. Manchester Mgmt Limited Liability Co has invested 0.03% of its portfolio in Duke Energy Corporation (NYSE:DUK). Haverford Tru has invested 0.02% of its portfolio in Duke Energy Corporation (NYSE:DUK). Geode Lc accumulated 8.95 million shares or 0.24% of the stock. Nomura Asset holds 0.2% or 209,342 shares. Hbk Sorce Advisory Ltd Liability has 0.08% invested in Duke Energy Corporation (NYSE:DUK). Ubs Asset Management Americas Incorporated has invested 0% of its portfolio in Duke Energy Corporation (NYSE:DUK). Wells Fargo Mn holds 0.12% or 4.17M shares. 499,038 were accumulated by Hexavest Inc. Goldman Sachs Group reported 0.15% in Duke Energy Corporation (NYSE:DUK). State Bank Of Hawaii owns 30,345 shares for 0.23% of their portfolio.
More notable recent Duke Energy Corporation (NYSE:DUK) news were published by: Globenewswire.com which released: “Bragar Eagel & Squire, PC is Investigating Certain Officers and Directors of Duke Energy Corporation (DUK) and Encourages DUK Investors to Contact the Firm – GlobeNewswire” on March 18, 2019, also Bizjournals.com with their article: “Lynn Good says Duke Energy needs Atlantic Coast Pipeline â€” or â€˜Plan Bâ€™ – Charlotte Business Journal” published on March 26, 2019, Businesswire.com published: “DUKE ENERGY INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Duke Energy Corporation – DUK – Business Wire” on March 15, 2019. More interesting news about Duke Energy Corporation (NYSE:DUK) were released by: Investorplace.com and their article: “Utilities Have Bullish Momentum and DUK is Following the Sector – Investorplace.com” published on March 13, 2019 as well as Bizjournals.com‘s news article titled: “Report: Ex-CEO of Duke Energy, Progress appears headed to troubled PG&E – Charlotte Business Journal” with publication date: March 14, 2019.
Analysts await Duke Energy Corporation (NYSE:DUK) to report earnings on May, 9. They expect $1.25 EPS, down 2.34% or $0.03 from last year’s $1.28 per share. DUK’s profit will be $909.61 million for 17.99 P/E if the $1.25 EPS becomes a reality. After $0.84 actual EPS reported by Duke Energy Corporation for the previous quarter, Wall Street now forecasts 48.81% EPS growth.
Sigma Investment Counselors Inc, which manages about $718.41 million and $718.56M US Long portfolio, upped its stake in Ishares Tr (IVV) by 5,590 shares to 550,836 shares, valued at $138.60M in 2018Q4, according to the filing. It also increased its holding in Spdr Ser Tr (SJNK) by 13,591 shares in the quarter, for a total of 927,718 shares, and has risen its stake in Vanguard Index Fds (VTI).
Investors sentiment decreased to 0.83 in 2018 Q4. Its down 0.01, from 0.84 in 2018Q3. It dropped, as 107 investors sold BAC shares while 616 reduced holdings. 124 funds opened positions while 475 raised stakes. 6.44 billion shares or 1.20% more from 6.37 billion shares in 2018Q3 were reported. Payden & Rygel invested 1.76% in Bank of America Corporation (NYSE:BAC). Donaldson Cap Mngmt Llc accumulated 19,266 shares. Portland Investment Counsel invested in 0.27% or 14,000 shares. Spectrum Mngmt Group Incorporated holds 0% of its portfolio in Bank of America Corporation (NYSE:BAC) for 180 shares. Stearns Fin Ser Grp owns 39,247 shares for 0.2% of their portfolio. Artisan Prns Lp stated it has 21.30 million shares or 1.18% of all its holdings. Family Firm Inc accumulated 13,175 shares. Meridian Invest Counsel Incorporated invested 3.09% in Bank of America Corporation (NYSE:BAC). The Wisconsin-based Legacy Capital Ptnrs has invested 1.23% in Bank of America Corporation (NYSE:BAC). Smith Moore & Co invested in 10,740 shares. Boys Arnold stated it has 32,651 shares. Captrust Fin Advisors invested in 0.42% or 314,412 shares. Hodges Cap Mngmt holds 0.57% or 204,958 shares. Westend Advsr Ltd Liability reported 1.13M shares or 0% of all its holdings. Hollow Brook Wealth Management Limited Liability holds 193,239 shares.
Kahn Brothers Group Inc, which manages about $554.66B US Long portfolio, upped its stake in Exxon Mobile (NYSE:XOM) by 3,100 shares to 19,822 shares, valued at $1.35 billion in 2018Q4, according to the filing. It also increased its holding in Citigroup by 18,050 shares in the quarter, for a total of 947,093 shares, and has risen its stake in Patterson Energy (NASDAQ:PTEN).
Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on April, 15. They expect $0.66 EPS, up 6.45% or $0.04 from last year’s $0.62 per share. BAC’s profit will be $6.36B for 10.98 P/E if the $0.66 EPS becomes a reality. After $0.70 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -5.71% negative EPS growth.
More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Buying panic in bonds sinks banks – Seeking Alpha” on March 22, 2019, also Seekingalpha.com with their article: “Banking app N26 eyes U.S. market – Seeking Alpha” published on April 01, 2019, Investorplace.com published: “5 Top Stock Trades for Tuesday: BAC, NFLX, ATVI, INTC – Investorplace.com” on April 01, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Banks’ margins come under pressure from dovish Fed: Baird – Seeking Alpha” published on March 21, 2019 as well as Investorplace.com‘s news article titled: “BAC is Broke Above its 2019 Resistance – Investorplace.com” with publication date: March 19, 2019.