Bank Of America (BAC) Stock Value Declined While Berson & Corrado Investment Advisors Has Cut by $633,150 Its Position; As Ca (CA) Valuation Declined, Nine Chapters Capital Management Raised Its Stake

February 21, 2018 - By Winifred Garcia

Berson & Corrado Investment Advisors Llc decreased its stake in Bank Of America Corp (BAC) by 7.87% based on its latest 2017Q3 regulatory filing with the SEC. Berson & Corrado Investment Advisors Llc sold 25,326 shares as the company’s stock declined 6.00% while stock markets rallied. The institutional investor held 296,648 shares of the major banks company at the end of 2017Q3, valued at $7.52M, down from 321,974 at the end of the previous reported quarter. Berson & Corrado Investment Advisors Llc who had been investing in Bank Of America Corp for a number of months, seems to be less bullish one the $330.33 billion market cap company. The stock increased 0.56% or $0.18 during the last trading session, reaching $32.11. About 20.50M 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.

Chao Ku increased its stake in Ca Inc (CA) by 253.13% based on its latest 2017Q3 regulatory filing with the SEC. Nine Chapters Capital Management Llc bought 16,200 shares as the company’s stock declined 2.59% while stock markets rallied. The hedge fund run by Chao Ku held 22,600 shares of the prepackaged software company at the end of 2017Q3, valued at $754,000, up from 6,400 at the end of the previous reported quarter. Nine Chapters Capital Management Llc who had been investing in Ca Inc for a number of months, seems to be bullish on the $14.63 billion market cap company. The stock increased 0.82% or $0.28 during the last trading session, reaching $35.09. About 739,790 shares traded. CA, Inc. (NASDAQ:CA) has risen 0.22% since February 21, 2017 and is uptrending. It has underperformed by 16.48% the S&P500.

Investors sentiment increased to 1.16 in 2017 Q3. Its up 0.20, from 0.96 in 2017Q2. It is positive, as 33 investors sold CA shares while 142 reduced holdings. 50 funds opened positions while 153 raised stakes. 277.99 million shares or 0.21% less from 278.58 million shares in 2017Q2 were reported. Webster Financial Bank N A holds 0.01% of its portfolio in CA, Inc. (NASDAQ:CA) for 1,650 shares. 105,007 were reported by Dekabank Deutsche Girozentrale. Fisher Asset Limited Co reported 0.01% stake. Park Natl Oh accumulated 8,850 shares or 0.02% of the stock. Miles Capital accumulated 0.61% or 32,107 shares. Massachusetts-based Commonwealth Equity Inc has invested 0.01% in CA, Inc. (NASDAQ:CA). Gam Hldg Ag has invested 0.1% in CA, Inc. (NASDAQ:CA). Hartford Inv Mgmt Co reported 96,627 shares stake. Franklin Res stated it has 9.24M shares or 0.15% of all its holdings. Prelude Management Ltd Liability Corp, a New York-based fund reported 8,956 shares. Rafferty Asset Mngmt Limited accumulated 47,235 shares. Sii Invests Wi invested in 0.02% or 8,039 shares. 178,534 are owned by Burney Co. Century Incorporated reported 626,882 shares. Renaissance Limited Liability invested 0% in CA, Inc. (NASDAQ:CA).

Since September 11, 2017, it had 0 buys, and 2 selling transactions for $2.92 million activity. $546,792 worth of CA, Inc. (NASDAQ:CA) was sold by Lamm Jacob.

Among 16 analysts covering CA Technologies (NASDAQ:CA), 2 have Buy rating, 4 Sell and 10 Hold. Therefore 13% are positive. CA Technologies had 38 analyst reports since August 6, 2015 according to SRatingsIntel. Jefferies maintained CA, Inc. (NASDAQ:CA) on Friday, July 7 with “Buy” rating. The stock has “Neutral” rating by Citigroup on Monday, November 16. The rating was upgraded by Mizuho to “Buy” on Friday, January 22. The company was maintained on Thursday, October 26 by Barclays Capital. The company was maintained on Sunday, August 20 by RBC Capital Markets. The firm has “Sell” rating given on Thursday, August 3 by Cowen & Co. Citigroup maintained the stock with “Neutral” rating in Thursday, May 12 report. The company was upgraded on Thursday, April 21 by Credit Suisse. Barclays Capital downgraded CA, Inc. (NASDAQ:CA) rating on Friday, July 15. Barclays Capital has “Equal-Weight” rating and $35 target. The stock of CA, Inc. (NASDAQ:CA) earned “Buy” rating by Jefferies on Thursday, June 1.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2. It is negative, 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. Southeast Asset Advsr holds 18,219 shares or 0.15% of its portfolio. Legal & General Grp Plc stated it has 0.98% in Bank of America Corporation (NYSE:BAC). 22,110 were reported by Wealthtrust Axiom Llc. Indiana-based University Of Notre Dame Du Lac has invested 1.38% in Bank of America Corporation (NYSE:BAC). Central Bancshares has 0.99% invested in Bank of America Corporation (NYSE:BAC) for 156,770 shares. Point72 Asset Management Ltd Partnership, a Connecticut-based fund reported 9,700 shares. State Street stated it has 434.19M shares. Federated Invsts Pa has invested 0.36% in Bank of America Corporation (NYSE:BAC). Lathrop Management Corporation owns 0.15% invested in Bank of America Corporation (NYSE:BAC) for 21,108 shares. Ar Asset Management Incorporated owns 57,017 shares. Cubic Asset Limited Liability holds 26,247 shares or 0.19% of its portfolio. Intact Inv Management accumulated 32,900 shares. Letko Brosseau & Associates holds 9.08 million shares. Stearns Financial Service reported 42,014 shares. Capital Guardian holds 0% in Bank of America Corporation (NYSE:BAC) or 167 shares.

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 FREE 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: