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Bank of America sees mixed investor stakes, reports strong earnings, and boosts dividend.
Several institutional investors have adjusted their stakes in Bank of America, with some like Seneca House Advisors and Intergy Private Wealth reducing holdings while others like Princeton Global Asset Management have increased theirs.
The stock has a "Moderate Buy" rating and a $47.50 target price.
Bank of America recently reported a $0.90 EPS for the quarter, beating estimates by $0.10, and announced a quarterly dividend of $0.26 per share.
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Bank of America ve participaciones mixtas de los inversores, reporta fuertes ganancias, y aumenta el dividendo.