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Bank of America reports Q2 earnings; stake adjustments by firms, stock rated "Moderate Buy."
Bank of America Corporation reported a 10.25% return on equity and $0.89 earnings per share in the second quarter.
Several investment firms have adjusted their stakes: Alteri Wealth LLC owns $3.36 million worth of shares, 18zero8 LLC reduced its holdings by 3.9%, and Metis Global Partners LLC increased its holdings by 9.0%.
The stock has a "Moderate Buy" rating with a target price of $50.03, and a dividend yield of 2.31%.
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Bank of America informa las ganancias del segundo trimestre; ajustes de participación por parte de las empresas, acciones calificadas como "Compra moderada".