Bank of America Corporation $BAC Shares Acquired by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. grew its position in shares of Bank of America Corporation (NYSE:BAC) by 26.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 198,918 shares of the financial services provider’s stock after purchasing an additional 41,809 shares during the period. Bank of America makes up about 0.7% of Mufg Securities Americas Inc.’s investment portfolio, making the stock its 24th largest position. Mufg Securities Americas Inc.’s holdings in Bank of America were worth $10,262,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC increased its stake in shares of Bank of America by 30.0% in the fourth quarter. Brighton Jones LLC now owns 108,872 shares of the financial services provider’s stock worth $4,785,000 after buying an additional 25,143 shares during the last quarter. Sivia Capital Partners LLC increased its position in Bank of America by 40.5% in the second quarter. Sivia Capital Partners LLC now owns 21,401 shares of the financial services provider’s stock worth $1,013,000 after buying an additional 6,174 shares during the period. Leavell Investment Management Inc. lifted its position in Bank of America by 19.6% in the 2nd quarter. Leavell Investment Management Inc. now owns 20,100 shares of the financial services provider’s stock valued at $951,000 after purchasing an additional 3,292 shares during the last quarter. Whipplewood Advisors LLC raised its holdings in shares of Bank of America by 1,027.1% during the second quarter. Whipplewood Advisors LLC now owns 1,330 shares of the financial services provider’s stock valued at $63,000 after buying an additional 1,212 shares during the last quarter. Finally, Resonant Capital Advisors LLC raised its stake in Bank of America by 35.7% during the 2nd quarter. Resonant Capital Advisors LLC now owns 24,276 shares of the financial services provider’s stock valued at $1,149,000 after acquiring an additional 6,384 shares in the last quarter. 70.71% of the stock is owned by hedge funds and other institutional investors.

Bank of America Stock Down 3.8%

BAC stock opened at $51.04 on Tuesday. The stock has a market capitalization of $372.70 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 1.30 and a beta of 1.29. The company has a 50-day moving average of $54.21 and a two-hundred day moving average of $52.36. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. Bank of America Corporation has a 52-week low of $33.06 and a 52-week high of $57.55.

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, topping analysts’ consensus estimates of $0.96 by $0.02. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $27.73 billion. During the same period in the previous year, the company earned $0.82 earnings per share. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. As a group, equities research analysts anticipate that Bank of America Corporation will post 3.7 EPS for the current year.

Bank of America Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.2%. The ex-dividend date is Friday, March 6th. Bank of America’s payout ratio is currently 29.24%.

Wall Street Analysts Forecast Growth

BAC has been the topic of a number of recent analyst reports. Robert W. Baird boosted their price target on shares of Bank of America from $52.00 to $56.00 and gave the stock a “neutral” rating in a research report on Thursday, October 30th. Morgan Stanley reduced their target price on Bank of America from $68.00 to $64.00 and set an “overweight” rating for the company in a report on Thursday, January 15th. Evercore set a $59.00 price objective on shares of Bank of America in a research note on Thursday, January 15th. Piper Sandler raised their price objective on Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Finally, Wells Fargo & Company lifted their target price on shares of Bank of America from $62.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, January 5th. Twenty-two research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $60.30.

More Bank of America News

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: BAC is committing $25 billion to expand its private‑credit platform and has appointed new leadership to run the effort — a move that can generate higher‑yielding assets and fee income and help diversify revenue away from interest‑rate sensitivity. Bank Of America Expands Private Credit And Premium Services As Valuation Lags
• Positive Sentiment: Merrill (BofA’s wealth arm) launched a Direct Markets Group for ultra‑high‑net‑worth clients ($50M+), aimed at keeping large accounts on platform and increasing trading/wealth fees. This supports the bank’s strategy to deepen client relationships and lift fee revenue. Merrill Launches Special Trading Desk for Wealthiest Clients
• Neutral Sentiment: BofA is rolling out upgraded BofA Rewards features and art‑consulting services for high‑net‑worth clients — positive for cross‑sell but likely a gradual revenue contributor rather than an immediate earnings driver. Bank of America (BAC) Strengthens Private Credit Platform with $25B Deployment
• Neutral Sentiment: Ongoing analyst activity at BofA (research notes updating price targets on unrelated companies such as West Pharmaceutical and Dell) signals an active sell‑side desk but has limited direct impact on BAC’s fundamentals. BofA Cuts West Pharmaceutical (WST) Target Following Model Update and Sector Pressure Dell stock target cut at BofA on rising memory costs
• Negative Sentiment: Deploying $25B onto the balance sheet raises credit‑risk and capital‑usage questions; some investors may view the move as riskier than fee‑driven alternatives and remain wary given BAC’s valuation “lag” relative to peers. That caution can limit multiple expansion in the near term. Bank Of America Expands Private Credit And Premium Services As Valuation Lags

Bank of America Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.