Fintel reports that on January 7, 2025, UBS upgraded their outlook for Bank of America (BVC:BAC) from Neutral to Buy.
What is the Fund Sentiment?
There are 4,293 funds or institutions reporting positions in Bank of America. This is an increase of 56 owner(s) or 1.32% in the last quarter. Average portfolio weight of all funds dedicated to BAC is 0.35%, an increase of 48.73%. Total shares owned by institutions increased in the last three months by 0.03% to 6,219,904K shares.
What are Other Shareholders Doing?
Berkshire Hathaway holds 797,683K shares representing 10.40% ownership of the company. In its prior filing, the firm reported owning 1,032,852K shares , representing a decrease of 29.48%. The firm decreased its portfolio allocation in BAC by 19.01% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 221,362K shares representing 2.88% ownership of the company. In its prior filing, the firm reported owning 209,897K shares , representing an increase of 5.18%. The firm decreased its portfolio allocation in BAC by 1.17% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 176,813K shares representing 2.30% ownership of the company. In its prior filing, the firm reported owning 174,622K shares , representing an increase of 1.24%. The firm decreased its portfolio allocation in BAC by 7.03% over the last quarter.
Jpmorgan Chase holds 149,404K shares representing 1.95% ownership of the company. In its prior filing, the firm reported owning 147,905K shares , representing an increase of 1.00%. The firm increased its portfolio allocation in BAC by 950.41% over the last quarter.
Geode Capital Management holds 140,256K shares representing 1.83% ownership of the company. In its prior filing, the firm reported owning 138,556K shares , representing an increase of 1.21%. The firm decreased its portfolio allocation in BAC by 6.88% over the last quarter.
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