Quantbot Technologies LP Sells 66,359 Shares of Bank of America Corporation $BAC

Quantbot Technologies LP cut its stake in shares of Bank of America Corporation (NYSE:BAC) by 27.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 172,820 shares of the financial services provider’s stock after selling 66,359 shares during the period. Quantbot Technologies LP’s holdings in Bank of America were worth $8,916,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Dunhill Financial LLC raised its position in Bank of America by 1.3% during the third quarter. Dunhill Financial LLC now owns 32,284 shares of the financial services provider’s stock valued at $1,666,000 after purchasing an additional 410 shares in the last quarter. Aster Capital Management DIFC Ltd lifted its position in shares of Bank of America by 357.1% during the 3rd quarter. Aster Capital Management DIFC Ltd now owns 48,427 shares of the financial services provider’s stock worth $2,498,000 after buying an additional 37,832 shares during the last quarter. 1ST Source Bank boosted its stake in Bank of America by 1.1% in the third quarter. 1ST Source Bank now owns 98,615 shares of the financial services provider’s stock valued at $5,088,000 after buying an additional 1,094 shares in the last quarter. Handelsbanken Fonder AB raised its stake in Bank of America by 23.4% during the third quarter. Handelsbanken Fonder AB now owns 3,026,473 shares of the financial services provider’s stock worth $156,136,000 after acquiring an additional 573,909 shares in the last quarter. Finally, Andra AP fonden lifted its holdings in shares of Bank of America by 10.0% in the third quarter. Andra AP fonden now owns 46,200 shares of the financial services provider’s stock worth $2,383,000 after acquiring an additional 4,200 shares during the last quarter. Institutional investors own 70.71% of the company’s stock.

Bank of America News Summary

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

• Positive Sentiment: BofA remains well-covered by analysts and hedge funds: multiple recent Buy/Outperform ratings and a median price target (~$62) provide upside support for BAC versus current levels, helping temper the sell-off. Bank of America slides as financials wobble amid private-credit anxiety and renewed tariff uncertainty
• Positive Sentiment: Corporate lending / fee activity: TE Connectivity secured a $3.0B five-year revolver that names Bank of America as a participating bank — a sign of ongoing commercial lending and fee opportunities for BAC. Does New US$3 Billion Credit Line And Strong Orders Change The Bull Case For TE Connectivity (TEL)?
• Positive Sentiment: Reputation/ESG flow: Bank of America announced nearly $40M invested in U.S. workforce skills in 2025 — positive for brand, regulatory goodwill and community relations. BofA Invests Nearly $40 Million into American Workforce Skills in 2025
• Neutral Sentiment: Valuation/market context pieces note mixed short-term performance but attractive multi-year returns — useful framing for longer-term investors but not an immediate catalyst. Is Bank of America (BAC) Pricing Reflect Its Excess Returns And P/E Valuation Signals
• Neutral Sentiment: Regulatory/reporting update: Bank of America filed its latest Form 10-K — routine disclosure that keeps governance and compliance current but doesn’t materially move sentiment by itself. Bank of America Files Latest Form 10-K with U.K. National Storage Mechanism
• Negative Sentiment: Macro/sector stress is the main near-term headwind: investor concern about private-credit/leveraged-loan stress, renewed tariff uncertainty and mechanical selling in financial ETFs are cited as drivers of today’s decline; large institutional position changes (some big portfolio trims) amplify downward pressure on BAC. Bank of America slides as financials wobble amid private-credit anxiety and renewed tariff uncertainty

Bank of America Stock Performance

Shares of BAC opened at $49.68 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.80 and a debt-to-equity ratio of 1.15. The firm’s fifty day simple moving average is $53.91 and its two-hundred day simple moving average is $52.41. Bank of America Corporation has a 12 month low of $33.06 and a 12 month high of $57.55. The stock has a market capitalization of $356.55 billion, a P/E ratio of 12.97, a price-to-earnings-growth ratio of 1.27 and a beta of 1.29.

Bank of America (NYSE:BAC) last announced its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to the consensus estimate of $27.73 billion. During the same period in the previous year, the business earned $0.82 EPS. The firm’s revenue was up 12.3% compared to the same quarter last year. As a group, analysts predict that Bank of America Corporation will post 3.7 EPS for the current year.

Bank of America Announces Dividend

The company also recently disclosed 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. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 annualized dividend and a yield of 2.3%. Bank of America’s payout ratio is currently 29.24%.

Analyst Upgrades and Downgrades

BAC has been the topic of several research reports. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Bank of America in a report on Tuesday, January 27th. Argus raised their target price on shares of Bank of America from $58.00 to $59.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Wells Fargo & Company boosted their target price on shares of Bank of America from $62.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, January 5th. CICC Research initiated coverage on shares of Bank of America in a report on Wednesday, January 14th. They set an “outperform” rating and a $62.00 price target for the company. Finally, JPMorgan Chase & Co. raised their price objective on Bank of America from $58.00 to $61.00 and gave the company an “overweight” rating in a report on Tuesday, January 6th. Twenty-two analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $60.30.

Bank of America Company 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.