West Oak Capital Lifted By $11.96 Million Its Bank Of America (BAC) Stake; Hellman Jordan Management Company Boosted Fifth Third Bancorp (FITB) Stake

Fifth Third Bancorp (NASDAQ:FITB) Logo

West Oak Capital Llc increased Bank Of America Corp (BAC) stake by 5.48% reported in 2017Q4 SEC filing. West Oak Capital Llc acquired 405 shares as Bank Of America Corp (BAC)’s stock declined 1.20%. The West Oak Capital Llc holds 7,789 shares with $229.93M value, up from 7,384 last quarter. Bank Of America Corp now has $304.68 billion valuation. The stock decreased 2.77% or $0.85 during the last trading session, reaching $29.8. About 99.25M shares traded or 29.22% up from the average. Bank of America Corporation (NYSE:BAC) has risen 28.18% since April 16, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Hellman Jordan Management Company Inc increased Fifth Third Bancorp (FITB) stake by 54.68% reported in 2017Q4 SEC filing. Hellman Jordan Management Company Inc acquired 12,000 shares as Fifth Third Bancorp (FITB)’s stock rose 1.62%. The Hellman Jordan Management Company Inc holds 33,945 shares with $1.03 million value, up from 21,945 last quarter. Fifth Third Bancorp now has $21.27 billion valuation. The stock decreased 2.63% or $0.85 during the last trading session, reaching $31.41. About 4.60 million shares traded. Fifth Third Bancorp (NASDAQ:FITB) has risen 26.73% since April 16, 2017 and is uptrending. It has outperformed by 15.18% the S&P500.

West Oak Capital Llc decreased Caterpillar Inc (NYSE:CAT) stake by 605 shares to 4,565 valued at $719.35M in 2017Q4. It also reduced Air Products & Chemicals (NYSE:APD) stake by 245 shares and now owns 13,389 shares. Danaher Corp Del (NYSE:DHR) was reduced too.

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 109 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, August 12 by Deutsche Bank. Societe Generale downgraded Bank of America Corporation (NYSE:BAC) on Tuesday, September 13 to “Hold” rating. Sandler O’Neill maintained the stock with “Buy” rating in Friday, January 19 report. Wood maintained Bank of America Corporation (NYSE:BAC) on Friday, April 7 with “Outperform” rating. Bernstein upgraded it to “Mkt Perform” rating and $19.0 target in Tuesday, August 25 report. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Sandler O’Neill on Wednesday, January 20. The stock has “Underperform” rating by Macquarie Research on Tuesday, August 25. Oppenheimer maintained Bank of America Corporation (NYSE:BAC) on Tuesday, July 18 with “Buy” rating. Oppenheimer maintained Bank of America Corporation (NYSE:BAC) rating on Monday, March 26. Oppenheimer has “Buy” rating and $3500 target. The stock has “Buy” rating by Citigroup on Wednesday, January 11.

Investors sentiment increased to 1.19 in Q4 2017. 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. First Foundation Advisors reported 0.07% in Bank of America Corporation (NYSE:BAC). Highbridge Cap Mngmt Limited Liability Company holds 0.18% or 343,000 shares in its portfolio. Rockefeller Ser Inc reported 42,951 shares. The Ohio-based Bartlett & Communications Limited Company has invested 0.01% in Bank of America Corporation (NYSE:BAC). 117,912 were accumulated by North Star Inv Mgmt. Marathon Trading Investment Lc stated it has 0.03% in Bank of America Corporation (NYSE:BAC). Wellcome Tru (The) As Trustee Of The Wellcome Tru owns 20.00M shares. Alliancebernstein LP holds 56.18M shares or 1.19% of its portfolio. Tarbox Family Office Inc reported 5,132 shares stake. Vestor Limited Company has 2.65% invested in Bank of America Corporation (NYSE:BAC) for 416,155 shares. First Manhattan Communications has 148,002 shares for 0.02% of their portfolio. Bedell Frazier Invest Counseling Ltd Liability invested in 438,842 shares. 131,095 were accumulated by Mengis Mngmt Incorporated. Missouri-based Confluence Invest Mgmt Ltd Liability has invested 0% in Bank of America Corporation (NYSE:BAC). Macguire Cheswick Tuttle Invest Counsel accumulated 75,813 shares.

Among 33 analysts covering Fifth Third (NASDAQ:FITB), 6 have Buy rating, 3 Sell and 24 Hold. Therefore 18% are positive. Fifth Third has $37.0 highest and $16 lowest target. $28.14’s average target is -10.41% below currents $31.41 stock price. Fifth Third had 105 analyst reports since July 22, 2015 according to SRatingsIntel. Keefe Bruyette & Woods maintained Fifth Third Bancorp (NASDAQ:FITB) rating on Wednesday, January 24. Keefe Bruyette & Woods has “Hold” rating and $35.0 target. The firm has “Neutral” rating given on Tuesday, June 7 by Susquehanna. The firm has “Hold” rating by Jefferies given on Tuesday, January 23. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, August 23. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Wednesday, April 4. The stock of Fifth Third Bancorp (NASDAQ:FITB) earned “Buy” rating by Compass Point on Wednesday, March 29. The company was upgraded on Monday, May 16 by Wood. As per Wednesday, January 25, the company rating was upgraded by Hilliard Lyons. Barclays Capital maintained the shares of FITB in report on Tuesday, January 2 with “Hold” rating. On Wednesday, October 21 the stock rating was downgraded by Guggenheim to “Neutral”.

Investors sentiment increased to 0.98 in 2017 Q4. Its up 0.33, from 0.65 in 2017Q3. It improved, as 29 investors sold FITB shares while 210 reduced holdings. 74 funds opened positions while 161 raised stakes. 562.64 million shares or 2.26% less from 575.67 million shares in 2017Q3 were reported. Moreover, Hermes Invest Management Limited has 0.02% invested in Fifth Third Bancorp (NASDAQ:FITB) for 42,022 shares. Bnp Paribas Arbitrage owns 272,664 shares for 0.01% of their portfolio. Brown Brothers Harriman And holds 38,292 shares or 0.01% of its portfolio. Cadence Limited reported 85,374 shares stake. Sei Invests holds 0.07% or 664,234 shares. Clear Harbor Asset Ltd Liability Corporation invested 0.06% of its portfolio in Fifth Third Bancorp (NASDAQ:FITB). 396 were reported by Cwm Lc. 11,365 are owned by Putnam Llc. Pettee Investors holds 0.35% of its portfolio in Fifth Third Bancorp (NASDAQ:FITB) for 19,150 shares. Riverhead Capital Mgmt Ltd Co reported 166,376 shares stake. Drw Ltd holds 9,888 shares or 0.03% of its portfolio. Finemark National Bank & Trust & holds 0.02% in Fifth Third Bancorp (NASDAQ:FITB) or 9,862 shares. Citadel Advsr holds 0% or 53,643 shares in its portfolio. Marco Investment Mngmt Ltd Liability Company has invested 0.03% in Fifth Third Bancorp (NASDAQ:FITB). Lord Abbett And Ltd Company reported 0.11% stake.

Since October 26, 2017, it had 0 buys, and 12 selling transactions for $7.27 million activity. $100,316 worth of Fifth Third Bancorp (NASDAQ:FITB) was sold by BRUMBACK EMERSON L on Monday, March 5. $2.84M worth of stock was sold by CARMICHAEL GREG D on Tuesday, February 13. 568 shares were sold by McWilliams Jelena, worth $19,218. Forrest Frank R. sold 29,508 shares worth $960,780. $530,570 worth of stock was sold by ANDERSON LARS C on Tuesday, February 13. Hazel Mark D sold $644,747 worth of stock. Hoover Jewell D also sold $119,895 worth of Fifth Third Bancorp (NASDAQ:FITB) shares.

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