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Nicolet Advisory boosts Bank of America stake as the bank reports strong Q4 earnings, beating estimates.
Nicolet Advisory Services LLC increased its stake in Bank of America (BAC) by 3.9%, now owning 31,984 shares worth $1.44 million.
Bank of America reported strong Q4 earnings, beating analyst estimates with $0.82 EPS and $25.3 billion in revenue.
Shares briefly dropped after a JPMorgan downgrade but stand at $41.87.
Institutional investors hold 70.71% of Bank of America's stock, valued at $318.33 billion.
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Nicolet Advisory aumenta la participación en Bank of America a medida que el banco reporta fuertes ganancias Q4, superando las estimaciones.