Bokf Has Boosted Its Bank Amer (BAC) Holding by $350,375; Stock Declined; Lionstone Capital Management Holding in Cintas (CTAS) Has Increased as Share Value Rose

February 21, 2018 - By Migdalia James

Leon Lowenstein increased its stake in Cintas Corp (CTAS) by 12.32% based on its latest 2017Q3 regulatory filing with the SEC. Lionstone Capital Management Llc bought 17,000 shares as the company’s stock rose 2.03% with the market. The hedge fund run by Leon Lowenstein held 155,000 shares of the apparel company at the end of 2017Q3, valued at $22.36M, up from 138,000 at the end of the previous reported quarter. Lionstone Capital Management Llc who had been investing in Cintas Corp for a number of months, seems to be bullish on the $17.75 billion market cap company. The stock decreased 0.28% or $0.47 during the last trading session, reaching $166.65. About 543,082 shares traded. Cintas Corporation (NASDAQ:CTAS) has risen 32.38% since February 21, 2017 and is uptrending. It has outperformed by 15.68% the S&P500.

Bokf increased its stake in Bank Amer Corp (BAC) by 3.27% based on its latest 2017Q3 regulatory filing with the SEC. Bokf bought 14,015 shares as the company’s stock declined 6.00% while stock markets rallied. The institutional investor held 443,046 shares of the major banks company at the end of 2017Q3, valued at $11.23M, up from 429,031 at the end of the previous reported quarter. Bokf who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $328.47B market cap company. The stock decreased 0.13% or $0.04 during the last trading session, reaching $31.93. About 58.57M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since February 21, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.08, from 1.12 in 2017Q2. It worsened, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. 160,487 are owned by Wexford Capital Lp. Prudential Public Ltd Co owns 16.57 million shares or 1.33% of their US portfolio. Smithbridge Asset Mgmt De has 21,067 shares for 0.38% of their portfolio. Blair William & Com Il holds 0.26% or 1.37 million shares. Wellington Shields Capital Mngmt Ltd Liability invested 0.09% of its portfolio in Bank of America Corporation (NYSE:BAC). Everett Harris & Ca accumulated 2.03% or 2.67 million shares. Cornerstone Advisors holds 0.14% or 7,844 shares in its portfolio. Hotchkis & Wiley Cap Mgmt, California-based fund reported 26.06 million shares. Scott And Selber owns 132,604 shares for 1.94% of their portfolio. Pring Turner Cap Gru stated it has 16,028 shares or 0.4% of all its holdings. Hgk Asset Mgmt reported 1.64% stake. Fmr Limited Liability Company reported 324.94 million shares or 1% of all its holdings. Segall Bryant & Hamill Ltd Liability Com owns 41,057 shares or 0.02% of their US portfolio. Cubic Asset Lc stated it has 26,247 shares or 0.19% of all its holdings. Assetmark Incorporated reported 470,044 shares.

Among 33 analysts covering Bank of America (NYSE:BAC), 22 have Buy rating, 0 Sell and 11 Hold. Therefore 67% are positive. Bank of America had 106 analyst reports since July 21, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, January 9 by Societe Generale. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Deutsche Bank on Tuesday, August 25. The firm has “Overweight” rating by JP Morgan given on Thursday, April 7. As per Friday, July 7, the company rating was maintained by Jefferies. The rating was maintained by Barclays Capital on Tuesday, January 3 with “Equal Weight”. The firm has “Buy” rating by Keefe Bruyette & Woods given on Sunday, August 13. Keefe Bruyette & Woods downgraded it to “Market Perform” rating and $16 target in Monday, May 16 report. The stock of Bank of America Corporation (NYSE:BAC) earned “Hold” rating by BMO Capital Markets on Wednesday, May 31. The firm has “Buy” rating by RBC Capital Markets given on Tuesday, July 18. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Credit Suisse on Thursday, June 1.

Bokf, which manages about $3.44 billion US Long portfolio, decreased its stake in Anthem Inc (NYSE:ANTM) by 6,253 shares to 53,350 shares, valued at $10.13 million in 2017Q3, according to the filing. It also reduced its holding in Spectrum Brands Hldgs Inc (NYSE:SPB) by 6,914 shares in the quarter, leaving it with 3,228 shares, and cut its stake in Regal Entmt Group (NYSE:RGC).

Since January 12, 2018, it had 0 insider buys, and 1 insider sale for $1.99 million activity.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


Recent Posts