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Bank of America reported Q2 earnings above estimates, with mixed investor activity in Q1.
Bank of America Corp. saw mixed institutional investor activity in Q1 2021, with HighPoint Advisor Group reducing its holdings by 633 shares to 158,410, worth $6.34 million, while Blue Bell Private Wealth Management increased its stake by 9.5%.
Bank of America reported a Q2 EPS of $0.89, beating estimates by $0.03, and revenue up 4.3% YoY.
The stock has a "Moderate Buy" rating with a consensus target of $50.03.
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Bank of America reportó ganancias del segundo trimestre por encima de las estimaciones, con actividad mixta de los inversores en el primer trimestre.