Trust Co Of Oklahoma Has Raised Its Bank Of America (BAC) Holding by $4.90 Million; Share Value Declined; As Advanced Energy Industries In (AEIS) Market Value Declined, Shareholder Chesley Taft & Associates Trimmed Its Holding by $786,245

April 25, 2018 - By Henry Gaston

Advanced Energy Industries, Inc. (NASDAQ:AEIS) Logo

Trust Co Of Oklahoma increased its stake in Bank Of America Corp (BAC) by 1.15% based on its latest 2017Q4 regulatory filing with the SEC. Trust Co Of Oklahoma bought 166 shares as the company’s stock declined 1.20% with the market. The institutional investor held 14,566 shares of the major banks company at the end of 2017Q4, valued at $429.99 million, up from 14,400 at the end of the previous reported quarter. Trust Co Of Oklahoma who had been investing in Bank Of America Corp for a number of months, seems to be bullish on the $307.21B market cap company. The stock decreased 0.43% or $0.13 during the last trading session, reaching $30.19. About 81.49M shares traded or 6.33% up from the average. Bank of America Corporation (NYSE:BAC) has risen 28.18% since April 25, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Chesley Taft & Associates Llc decreased its stake in Advanced Energy Industries In (AEIS) by 75.54% based on its latest 2017Q4 regulatory filing with the SEC. Chesley Taft & Associates Llc sold 11,735 shares as the company’s stock declined 10.34% with the market. The institutional investor held 3,800 shares of the capital goods company at the end of 2017Q4, valued at $256,000, down from 15,535 at the end of the previous reported quarter. Chesley Taft & Associates Llc who had been investing in Advanced Energy Industries In for a number of months, seems to be less bullish one the $2.38 billion market cap company. The stock decreased 2.97% or $1.83 during the last trading session, reaching $59.89. About 415,806 shares traded. Advanced Energy Industries, Inc. (NASDAQ:AEIS) has declined 4.98% since April 25, 2017 and is downtrending. It has underperformed by 16.53% the S&P500.

Since December 8, 2017, it had 0 buys, and 1 sale for $718,585 activity.

Among 10 analysts covering Advanced Energy Industries Inc. (NASDAQ:AEIS), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Advanced Energy Industries Inc. had 24 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Thursday, September 17 by Needham. The company was maintained on Wednesday, February 1 by Dougherty & Company. The rating was reinitiated by Pacific Crest on Monday, January 4 with “Sector Weight”. Susquehanna downgraded Advanced Energy Industries, Inc. (NASDAQ:AEIS) on Tuesday, April 19 to “Neutral” rating. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Neutral” rating by Bank of America on Wednesday, April 20. The stock of Advanced Energy Industries, Inc. (NASDAQ:AEIS) earned “Neutral” rating by Citigroup on Wednesday, October 12. Dougherty & Company maintained Advanced Energy Industries, Inc. (NASDAQ:AEIS) rating on Thursday, October 27. Dougherty & Company has “Buy” rating and $53 target. Needham maintained the stock with “Buy” rating in Friday, October 13 report. DA Davidson initiated the shares of AEIS in report on Thursday, January 11 with “Buy” rating. The firm has “Buy” rating by Needham given on Monday, September 18.

Analysts await Advanced Energy Industries, Inc. (NASDAQ:AEIS) to report earnings on May, 7. They expect $1.22 EPS, up 38.64% or $0.34 from last year’s $0.88 per share. AEIS’s profit will be $48.42 million for 12.27 P/E if the $1.22 EPS becomes a reality. After $1.23 actual EPS reported by Advanced Energy Industries, Inc. for the previous quarter, Wall Street now forecasts -0.81% negative EPS growth.

Chesley Taft & Associates Llc, which manages about $1.37B and $1.18 billion US Long portfolio, upped its stake in Paypal Holdings Inc. by 17,350 shares to 24,350 shares, valued at $1.79 million in 2017Q4, according to the filing. It also increased its holding in Amgen Inc. (NASDAQ:AMGN) by 11,603 shares in the quarter, for a total of 20,990 shares, and has risen its stake in Raytheon Co (NYSE:RTN).

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.12, from 1.07 in 2017Q3. It improved, as 30 investors sold AEIS shares while 90 reduced holdings. 45 funds opened positions while 98 raised stakes. 35.96 million shares or 0.05% more from 35.94 million shares in 2017Q3 were reported. Century accumulated 108,636 shares or 0.01% of the stock. Sg Americas Ltd Liability Corporation holds 2,549 shares. Putnam Investments Limited Liability, Massachusetts-based fund reported 59,333 shares. Timpani Capital Mgmt Ltd Liability Corporation holds 0.78% or 32,231 shares in its portfolio. Voya Inv Mgmt Limited owns 52,727 shares or 0.01% of their US portfolio. Sterling Capital Management holds 0.02% or 29,562 shares in its portfolio. Great West Life Assurance Co Can holds 51,703 shares or 0.01% of its portfolio. Pitcairn reported 3,914 shares stake. Atlantic Trust Group Incorporated Limited Liability Company has invested 0% in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Trexquant Limited Partnership stated it has 19,342 shares. Smith Asset Group Inc LP reported 0.12% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Manufacturers Life The owns 30,126 shares or 0% of their US portfolio. Dekabank Deutsche Girozentrale holds 0% or 4,400 shares. Point72 Asia (Hong Kong) has 0.01% invested in Advanced Energy Industries, Inc. (NASDAQ:AEIS). Quentec Asset Management Ltd Llc has invested 0.6% of its portfolio in Advanced Energy Industries, Inc. (NASDAQ:AEIS).

Trust Co Of Oklahoma, which manages about $208.72B US Long portfolio, decreased its stake in Intel (NASDAQ:INTC) by 571 shares to 16,305 shares, valued at $752.64M in 2017Q4, according to the filing. It also reduced its holding in Alphabet Inc Cl C by 20 shares in the quarter, leaving it with 964 shares, and cut its stake in General Electric Corp (NYSE:GE).

Investors sentiment increased to 1.19 in 2017 Q4. Its up 0.15, from 1.04 in 2017Q3. It increased, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Clear Harbor Asset Mngmt Limited Liability invested in 12,629 shares or 0.07% of the stock. Miles Cap Inc accumulated 0.29% or 16,661 shares. Cohen Klingenstein Ltd accumulated 184,902 shares or 0.78% of the stock. Guardian Cap L P, Ontario – Canada-based fund reported 956,642 shares. Wells Fargo & Commerce Mn stated it has 33.67 million shares or 0.29% of all its holdings. Stanley Cap Mgmt Limited Liability Corp has 3% invested in Bank of America Corporation (NYSE:BAC) for 198,431 shares. Bouchey Fin Group Inc Limited accumulated 47,343 shares. Carroll Finance Assoc invested in 0.46% or 142,288 shares. Caxton Associates LP invested 0.8% in Bank of America Corporation (NYSE:BAC). 19,688 were accumulated by Fca Corporation Tx. Clal Ins Enterp Limited invested 1.4% of its portfolio in Bank of America Corporation (NYSE:BAC). Department Mb Comml Bank N A has 999 shares. Ngam Advisors Lp reported 1.32M shares stake. 665,695 are owned by Nuveen Asset Ltd Liability. Raymond James And Associates invested in 6.60 million 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 114 analyst reports since July 21, 2015 according to SRatingsIntel. Nomura maintained Bank of America Corporation (NYSE:BAC) rating on Monday, October 16. Nomura has “Buy” rating and $30 target. JP Morgan maintained it with “Overweight” rating and $28.5 target in Wednesday, November 1 report. Robert W. Baird maintained the shares of BAC in report on Friday, August 25 with “Hold” rating. The company was maintained on Monday, March 26 by Oppenheimer. Wells Fargo maintained the stock with “Buy” rating in Wednesday, December 20 report. The firm earned “Outperform” rating on Tuesday, November 29 by Keefe Bruyette & Woods. The firm has “Neutral” rating given on Wednesday, January 11 by UBS. The stock of Bank of America Corporation (NYSE:BAC) has “Outperform” rating given on Friday, April 7 by Wood. UBS maintained Bank of America Corporation (NYSE:BAC) on Monday, October 16 with “Neutral” rating. The rating was downgraded by Robert W. Baird on Wednesday, November 16 to “Neutral”.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart

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