Bank of America Corporation $BAC Stock Holdings Reduced by MFF Capital Investments Ltd

MFF Capital Investments Ltd lowered its stake in Bank of America Corporation (NYSE:BAC) by 0.4% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,829,547 shares of the financial services provider’s stock after selling 12,000 shares during the quarter. Bank of America comprises about 10.1% of MFF Capital Investments Ltd’s holdings, making the stock its 5th biggest position. MFF Capital Investments Ltd’s holdings in Bank of America were worth $154,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in BAC. Bamco Inc. NY boosted its position in shares of Bank of America by 45.4% in the second quarter. Bamco Inc. NY now owns 40,994 shares of the financial services provider’s stock worth $2,336,000 after purchasing an additional 12,794 shares during the period. E Fund Management Co. Ltd. bought a new stake in shares of Bank of America during the 2nd quarter valued at $4,089,000. Bernicke Wealth Management Ltd. bought a new stake in shares of Bank of America during the 2nd quarter valued at $2,132,000. Aspiriant LLC raised its position in shares of Bank of America by 34.3% during the 3rd quarter. Aspiriant LLC now owns 48,877 shares of the financial services provider’s stock valued at $2,660,000 after purchasing an additional 12,479 shares during the period. Finally, Lakeshore Capital Group Inc. lifted its stake in shares of Bank of America by 111.8% during the 3rd quarter. Lakeshore Capital Group Inc. now owns 33,642 shares of the financial services provider’s stock valued at $1,831,000 after buying an additional 17,759 shares in the last quarter. 70.71% of the stock is owned by hedge funds and other institutional investors.

Bank of America Stock Performance

NYSE:BAC opened at $50.72 on Wednesday. The company has a market cap of $349.95 billion, a price-to-earnings ratio of 12.05, a PEG ratio of 0.89 and a beta of 1.19. Bank of America Corporation has a 1 year low of $46.12 and a 1 year high of $65.22. The stock’s 50 day simple moving average is $54.78 and its two-hundred day simple moving average is $54.87. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.82 and a quick ratio of 0.82.

Bank of America (NYSE:BAC) last posted its earnings results on Wednesday, October 14th. The financial services provider reported $1.08 EPS for the quarter, missing analysts’ consensus estimates of $1.10 by ($0.02). Bank of America had a net margin of 16.80% and a return on equity of 12.15%. The firm had revenue of $29.96 billion for the quarter, compared to the consensus estimate of $30.58 billion. During the same quarter in the prior year, the company posted $1.06 earnings per share. The firm’s revenue was up 3.2% compared to the same quarter last year. As a group, equities analysts anticipate that Bank of America Corporation will post 4.51 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 24th. Investors of record on Friday, December 4th will be paid a dividend of $0.32 per share. The ex-dividend date of this dividend is Friday, December 4th. This represents a $1.28 dividend on an annualized basis and a yield of 2.5%. Bank of America’s dividend payout ratio is presently 30.40%.

Key Headlines Impacting Bank of America

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

• Neutral Sentiment: Bank of America warned that October inflation could leave the Federal Reserve behind the curve and open the door to a half-point rate hike in December. Higher rates can support bank lending income, but a sharp increase could also weigh on borrowers and the economy. Article: Fed May Be Falling Behind on Inflation
• Negative Sentiment: Several law firms repeated notices about a securities class action covering investors who bought BAC shares from August 1, 2025, through October 13, 2026; the lead-plaintiff deadline is December 15. The notices largely reiterate the same case, but the litigation and allegations that the bank misled investors add reputational and potential legal-cost risks. Article: Bank of America Shareholder Class Action
• Negative Sentiment: Reports also point to heightened scrutiny over the bank’s anti-money-laundering and sanctions compliance, including Senator Elizabeth Warren’s reported call for a Justice Department criminal probe. Any further investigation could increase legal and reputational risks, though the reports do not establish that a new probe has begun. Article: Bank of America Faces Scrutiny and Class Action
• Negative Sentiment: Berkshire Hathaway may have sold more Bank of America shares in the third quarter, according to clues from a filing. The possible sales could weigh on sentiment, although the article says the portfolio disclosure is still pending. Article: Berkshire Hathaway May Have Sold More Bank of America Stock

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Rothschild & Co Redburn set a $72.00 target price on shares of Bank of America in a report on Tuesday, October 6th. Weiss Ratings reiterated a “buy (b)” rating on shares of Bank of America in a research note on Monday, October 19th. Keefe, Bruyette & Woods decreased their price target on Bank of America from $70.00 to $65.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Royal Bank Of Canada decreased their price target on Bank of America from $65.00 to $60.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. Finally, Phillip Securities upgraded Bank of America to a “strong-buy” rating in a research report on Friday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $62.48.

Bank of America Company Profile

Bank of America Corporation is a financial services company serving consumers, businesses, institutional investors and government entities. Its offerings include checking and savings accounts, credit and debit cards, mortgages, auto loans and other lending, as well as payment and treasury services. The company also provides investment and wealth management through Merrill and Bank of America Private Bank, and serves corporate and institutional clients with commercial banking, capital markets, trading and advisory services.