Canal Insurance CO bought a new position in Bank of America Corp (NYSE:BAC) during the second quarter, HoldingsChannel.com reports. The fund bought 35,000 shares of the financial services provider’s stock, valued at approximately $990,000.
Other institutional investors also recently made changes to their positions in the company. Associated Banc Corp increased its stake in Bank of America by 9.2% in the 2nd quarter. Associated Banc Corp now owns 328,171 shares of the financial services provider’s stock worth $9,252,000 after buying an additional 27,611 shares in the last quarter. Sigma Planning Corp increased its stake in Bank of America by 1.6% in the 2nd quarter. Sigma Planning Corp now owns 198,494 shares of the financial services provider’s stock worth $5,596,000 after buying an additional 3,135 shares in the last quarter. Guardian Investment Management increased its stake in Bank of America by 4.1% in the 2nd quarter. Guardian Investment Management now owns 140,040 shares of the financial services provider’s stock worth $3,967,000 after buying an additional 5,493 shares in the last quarter. Financial Advocates Investment Management increased its stake in Bank of America by 8.1% in the 2nd quarter. Financial Advocates Investment Management now owns 64,406 shares of the financial services provider’s stock worth $1,821,000 after buying an additional 4,821 shares in the last quarter. Finally, Wealthfront Inc. increased its stake in Bank of America by 5.3% in the 1st quarter. Wealthfront Inc. now owns 503,392 shares of the financial services provider’s stock worth $15,097,000 after buying an additional 25,141 shares in the last quarter. 65.10% of the stock is currently owned by institutional investors.
Hot Insurance Stocks To Own Right Now: Olympic Steel Inc.(ZEUS)
Advisors' Opinion:- [By Ethan Ryder]
Get a free copy of the Zacks research report on Olympic Steel (ZEUS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Olympic Steel (NASDAQ:ZEUS) was downgraded by investment analysts at ValuEngine from a “sell” rating to a “strong sell” rating in a research report issued to clients and investors on Friday.
- [By Stephan Byrd]
Olympic Steel, Inc. (NASDAQ:ZEUS) – Jefferies Financial Group boosted their Q2 2018 earnings per share (EPS) estimates for Olympic Steel in a report released on Tuesday, July 10th. Jefferies Financial Group analyst S. Rosenfeld now anticipates that the basic materials company will earn $1.01 per share for the quarter, up from their previous forecast of $0.90. Jefferies Financial Group also issued estimates for Olympic Steel’s Q3 2018 earnings at $0.50 EPS, Q4 2018 earnings at $0.09 EPS, FY2018 earnings at $2.29 EPS and FY2019 earnings at $2.37 EPS.
- [By Stephan Byrd]
Headlines about Olympic Steel (NASDAQ:ZEUS) have been trending somewhat positive on Tuesday, Accern reports. Accern identifies negative and positive press coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Olympic Steel earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave news coverage about the basic materials company an impact score of 47.5465348320487 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
- [By Max Byerly]
Get a free copy of the Zacks research report on Olympic Steel (ZEUS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Hot Insurance Stocks To Own Right Now: Atlas Energy, L.P.(ATLS)
Advisors' Opinion:- [By Max Byerly]
Atlas Energy Group (OTCMKTS: ATLS) and Transglobe Energy (NASDAQ:TGA) are both small-cap oils/energy companies, but which is the better business? We will compare the two companies based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, risk, dividends and earnings.
Hot Insurance Stocks To Own Right Now: Consumer Portfolio Services Inc.(CPSS)
Advisors' Opinion:- [By Stephan Byrd]
ValuEngine upgraded shares of Consumer Portfolio Services (NASDAQ:CPSS) from a sell rating to a hold rating in a report issued on Tuesday.
Other research analysts also recently issued research reports about the company. Jefferies Financial Group reaffirmed a buy rating and issued a $5.00 price target on shares of Consumer Portfolio Services in a research note on Thursday, July 26th. Zacks Investment Research upgraded Consumer Portfolio Services from a sell rating to a hold rating in a research report on Monday, August 27th. Finally, JMP Securities upgraded Consumer Portfolio Services from a market perform rating to an outperform rating and set a $6.00 target price on the stock in a research report on Friday, June 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $5.08.
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Consumer Portfolio Services (CPSS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
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