Quantum Capital Management Has Upped Its Fnb Pa (FNB) Holding; Howard Hughes Medical Institute Has Trimmed By $2.75 Million Its Bank Amer (BAC) Position

December 14, 2017 - By Darrin Black

Howard Hughes Medical Institute decreased Bank Amer Corp (BAC) stake by 99.28% reported in 2017Q2 SEC filing. Howard Hughes Medical Institute sold 114,458 shares as Bank Amer Corp (BAC)’s stock declined 6.00%. The Howard Hughes Medical Institute holds 832 shares with $20,000 value, down from 115,290 last quarter. Bank Amer Corp now has $300.82B valuation. The stock decreased 1.64% or $0.48 during the last trading session, reaching $28.84. About 79.98M shares traded or 17.62% up from the average. Bank of America Corporation (NYSE:BAC) has risen 58.64% since December 14, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

Quantum Capital Management increased Fnb Corp Pa (FNB) stake by 7.89% reported in 2017Q2 SEC filing. Quantum Capital Management acquired 61,900 shares as Fnb Corp Pa (FNB)’s stock declined 13.66%. The Quantum Capital Management holds 846,910 shares with $11.99 million value, up from 785,010 last quarter. Fnb Corp Pa now has $4.44 billion valuation. The stock decreased 1.58% or $0.22 during the last trading session, reaching $13.73. About 2.06M shares traded. F.N.B. Corporation (NYSE:FNB) has risen 4.28% since December 14, 2016 and is uptrending. It has underperformed by 12.42% the S&P500.

Investors sentiment decreased to 1.04 in Q2 2017. Its down 0.08, from 1.12 in 2017Q1. It fall, as 79 investors sold BAC shares while 543 reduced holdings. 120 funds opened positions while 577 raised stakes. 6.34 billion shares or 0.73% less from 6.39 billion shares in 2017Q1 were reported. Wedge Mgmt L Lp Nc reported 1.95M shares or 0.45% of all its holdings. Next Fincl Grp Inc holds 63,434 shares. Tci Wealth Inc has invested 0.18% in Bank of America Corporation (NYSE:BAC). Sequoia Fin Advsrs Limited reported 32,804 shares. Endurance Wealth Inc accumulated 2.03% or 494,049 shares. Van Cleef Asset Managementinc holds 36,742 shares. St Germain D J holds 0.05% or 16,363 shares in its portfolio. Brookstone Capital has invested 0.13% of its portfolio in Bank of America Corporation (NYSE:BAC). Aperio Ltd Liability stated it has 4.28 million shares or 0.64% of all its holdings. Indiana-based Old Comml Bank In has invested 0.49% in Bank of America Corporation (NYSE:BAC). Teewinot Capital Advisers Ltd Liability Com holds 7.01% or 590,756 shares. Mycio Wealth Prns Ltd Company accumulated 38,536 shares or 0.11% of the stock. Wms Partners Limited Liability Corporation accumulated 30,512 shares. Captrust Advsrs holds 0.24% or 117,392 shares in its portfolio. Public Sector Pension Invest Board has invested 0.73% in Bank of America Corporation (NYSE:BAC).

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 68% are positive. Bank of America had 96 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, November 16. The stock of Bank of America Corporation (NYSE:BAC) has “Hold” rating given on Friday, August 25 by Robert W. Baird. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Wednesday, January 20 by Sandler O’Neill. The firm has “Market Perform” rating given on Monday, May 16 by Wood. The stock of Bank of America Corporation (NYSE:BAC) earned “Outperform” rating by CLSA on Friday, September 23. Nomura upgraded the stock to “Buy” rating in Tuesday, September 8 report. Societe Generale downgraded Bank of America Corporation (NYSE:BAC) on Tuesday, September 13 to “Hold” rating. As per Tuesday, September 1, the company rating was upgraded by Robert W. Baird. Citigroup downgraded Bank of America Corporation (NYSE:BAC) on Tuesday, April 4 to “Neutral” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Outperform” rating given on Friday, January 29 by CLSA.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 12. They expect $0.47 earnings per share, up 17.50% or $0.07 from last year’s $0.4 per share. BAC’s profit will be $4.90B for 15.34 P/E if the $0.47 EPS becomes a reality. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -2.08% negative EPS growth.

Howard Hughes Medical Institute increased Deere & Co (NYSE:DE) stake by 8,952 shares to 69,220 valued at $8.56 million in 2017Q2. It also upped Walgreens Boots Alliance Inc stake by 7,495 shares and now owns 43,854 shares. Starbucks Corp (NASDAQ:SBUX) was raised too.

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $2.10 million activity. The insider BRAMBLE FRANK P sold 86,763 shares worth $2.10M.

Among 11 analysts covering F.N.B. Corporation (NYSE:FNB), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. F.N.B. Corporation had 25 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was upgraded by Boenning & Scattergood on Monday, August 28 to “Buy”. RBC Capital Markets maintained it with “Hold” rating and $15.0 target in Thursday, September 7 report. The rating was upgraded by JP Morgan to “Overweight” on Tuesday, May 23. The company was maintained on Friday, September 15 by Jefferies. The rating was maintained by Keefe Bruyette & Woods on Thursday, July 20 with “Hold”. FBR Capital maintained the shares of FNB in report on Friday, October 21 with “Mkt Perform” rating. The company was maintained on Thursday, October 19 by Keefe Bruyette & Woods. The rating was maintained by Keefe Bruyette & Woods on Monday, June 5 with “Hold”. Jefferies maintained it with “Buy” rating and $1800 target in Friday, June 9 report. On Thursday, October 19 the stock rating was maintained by RBC Capital Markets with “Hold”.

Since August 10, 2017, it had 0 insider purchases, and 1 sale for $92,359 activity. GUERRIERI GARY L sold $92,359 worth of stock.

Investors sentiment decreased to 1.46 in Q2 2017. Its down 0.08, from 1.54 in 2017Q1. It turned negative, as 24 investors sold FNB shares while 69 reduced holdings. 43 funds opened positions while 100 raised stakes. 237.49 million shares or 1.70% more from 233.53 million shares in 2017Q1 were reported. State Street Corp holds 0.02% or 18.11M shares in its portfolio. Capstone Asset Mngmt reported 13,999 shares. Nj State Employees Deferred Compensation Plan has 0.1% invested in F.N.B. Corporation (NYSE:FNB) for 37,000 shares. Bluecrest Cap reported 0.22% stake. 96,688 are held by Ameritas Prtn. Vanguard Grp Inc Incorporated holds 0.02% of its portfolio in F.N.B. Corporation (NYSE:FNB) for 27.14 million shares. Balyasny Asset Mngmt Ltd Liability Corporation holds 0.14% of its portfolio in F.N.B. Corporation (NYSE:FNB) for 2.41M shares. Blackrock has 28.83M shares for 0.02% of their portfolio. Deprince Race Zollo has invested 1.17% of its portfolio in F.N.B. Corporation (NYSE:FNB). Proshare Advisors Ltd Liability Co invested 0.01% in F.N.B. Corporation (NYSE:FNB). Tiaa Cref Investment Limited Liability Corporation owns 1.04M shares. Perritt Cap Management invested 0.04% in F.N.B. Corporation (NYSE:FNB). Systematic Financial Mgmt Limited Partnership reported 4.09M shares stake. Bluemountain Capital Mgmt Limited Liability Corp holds 0.03% or 112,832 shares in its portfolio. Salzhauer Michael reported 0.11% of its portfolio in F.N.B. Corporation (NYSE:FNB).

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: