Managed Asset Portfolios Has Lifted Its Ebay (EBAY) Position; Icm Asset Management Holding in Bank Of America Corp. (BAC) Upped as Stock Declined

February 20, 2018 - By Adrian Mccoy

Managed Asset Portfolios Llc increased its stake in Ebay Inc (EBAY) by 10.15% based on its latest 2017Q3 regulatory filing with the SEC. Managed Asset Portfolios Llc bought 28,544 shares as the company’s stock rose 0.21% with the market. The institutional investor held 309,730 shares of the business services company at the end of 2017Q3, valued at $11.91M, up from 281,186 at the end of the previous reported quarter. Managed Asset Portfolios Llc who had been investing in Ebay Inc for a number of months, seems to be bullish on the $43.86 billion market cap company. The stock increased 0.77% or $0.33 during the last trading session, reaching $43.34. About 9.40 million shares traded. eBay Inc. (NASDAQ:EBAY) has risen 44.45% since February 20, 2017 and is uptrending. It has outperformed by 27.75% the S&P500.

Icm Asset Management Inc increased its stake in Bank Of America Corp. (BAC) by 26.43% based on its latest 2017Q3 regulatory filing with the SEC. Icm Asset Management Inc bought 14,837 shares as the company’s stock declined 6.00% while stock markets rallied. The institutional investor held 70,967 shares of the major banks company at the end of 2017Q3, valued at $1.80 million, up from 56,130 at the end of the previous reported quarter. Icm Asset Management Inc who had been investing in Bank Of America Corp. for a number of months, seems to be bullish on the $328.89B market cap company. The stock decreased 0.75% or $0.24 during the last trading session, reaching $31.97. About 62.14 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since February 20, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2. It dropped, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. 90,613 were accumulated by Fincl Counselors. Associated Banc invested in 0.38% or 272,440 shares. Qci Asset Mgmt Ny invested 1.92% of its portfolio in Bank of America Corporation (NYSE:BAC). Orleans Capital Mngmt Corp La accumulated 32,525 shares or 0.62% of the stock. Moreover, Burt Wealth Advsr has 0.07% invested in Bank of America Corporation (NYSE:BAC). Peapack Gladstone Financial Corporation holds 0.35% or 242,878 shares. Inspirion Wealth Limited Co holds 0.31% or 23,800 shares in its portfolio. Hanson And Doremus Inv Mngmt reported 1,880 shares. Moreover, Granite Point Mngmt Ltd Partnership has 0.34% invested in Bank of America Corporation (NYSE:BAC) for 63,800 shares. Quantbot Ltd Partnership owns 581,795 shares or 1.41% of their US portfolio. Hellman Jordan Mngmt Ma holds 1.01% or 18,307 shares. Pennsylvania-based Gardner Russo Gardner Ltd Liability Corp has invested 0.01% in Bank of America Corporation (NYSE:BAC). Barrow Hanley Mewhinney & Strauss Ltd owns 60.99M shares or 2.33% of their US portfolio. Ameritas Investment Partners invested in 387,851 shares. Northwest Investment Counselors Ltd Company invested in 0.05% or 4,125 shares.

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 106 analyst reports since July 21, 2015 according to SRatingsIntel. BMO Capital Markets maintained Bank of America Corporation (NYSE:BAC) on Friday, October 6 with “Hold” rating. As per Monday, April 24, the company rating was downgraded by Berenberg. The stock has “Underperform” rating by Macquarie Research on Tuesday, August 25. The rating was maintained by Oppenheimer on Saturday, September 5 with “Outperform”. The rating was maintained by Citigroup on Wednesday, January 11 with “Buy”. JP Morgan maintained it with “Overweight” rating and $16 target in Thursday, April 7 report. The company was upgraded on Tuesday, August 25 by Bernstein. The stock of Bank of America Corporation (NYSE:BAC) earned “Hold” rating by Macquarie Research on Tuesday, September 1. Deutsche Bank maintained it with “Buy” rating and $17 target in Tuesday, January 26 report. The firm has “Outperform” rating given on Friday, September 23 by CLSA.

Investors sentiment decreased to 0.73 in 2017 Q3. Its down 0.16, from 0.89 in 2017Q2. It turned negative, as 47 investors sold EBAY shares while 306 reduced holdings. 72 funds opened positions while 186 raised stakes. 878.69 million shares or 1.02% less from 887.72 million shares in 2017Q2 were reported. Dorsey And Whitney Trust Ltd Limited Liability Company accumulated 7,266 shares. Dupont Corporation has 0% invested in eBay Inc. (NASDAQ:EBAY). 314,719 are held by Zacks Management. First Quadrant Limited Partnership Ca holds 0.15% or 199,910 shares. Glenmede Trust Na has invested 0.58% in eBay Inc. (NASDAQ:EBAY). Moreover, Chicago Equity has 0.01% invested in eBay Inc. (NASDAQ:EBAY) for 7,360 shares. Advantus Capital Mngmt stated it has 100,578 shares. Regent Inv Ltd Co, Kentucky-based fund reported 8,100 shares. Etrade Cap reported 0.02% stake. Gamco Inc Et Al owns 0.19% invested in eBay Inc. (NASDAQ:EBAY) for 791,097 shares. Oak Assocs Oh reported 567,160 shares stake. Moreover, Choate Invest Advisors has 0.04% invested in eBay Inc. (NASDAQ:EBAY) for 17,852 shares. Moreover, Mraz Amerine & Assocs has 0.1% invested in eBay Inc. (NASDAQ:EBAY) for 7,955 shares. Moreover, Wesbanco State Bank has 0.02% invested in eBay Inc. (NASDAQ:EBAY). American Invest Advisors Ltd holds 2.35% or 68,570 shares in its portfolio.

Since September 7, 2017, it had 0 insider purchases, and 5 selling transactions for $9.90 million activity. 72,417 shares valued at $2.72 million were sold by Huber Marie Oh on Monday, October 23. 22,561 eBay Inc. (NASDAQ:EBAY) shares with value of $991,946 were sold by FISHER STEPHEN. On Friday, October 20 the insider Yetto Kristin A sold $2.64M.

Among 44 analysts covering eBay Inc (NASDAQ:EBAY), 25 have Buy rating, 3 Sell and 16 Hold. Therefore 57% are positive. eBay Inc had 161 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Friday, October 23 by TheStreet. The stock of eBay Inc. (NASDAQ:EBAY) earned “Buy” rating by Monness Crespi & Hardt on Thursday, January 28. On Wednesday, July 19 the stock rating was maintained by Benchmark with “Buy”. The stock has “Hold” rating by Jefferies on Thursday, July 6. Aegis Capital maintained the stock with “Buy” rating in Tuesday, June 27 report. The stock of eBay Inc. (NASDAQ:EBAY) has “Hold” rating given on Friday, July 14 by Cowen & Co. The firm has “Underweight” rating given on Thursday, October 19 by Morgan Stanley. Jefferies maintained the stock with “Hold” rating in Thursday, October 19 report. As per Wednesday, October 11, the company rating was maintained by KeyBanc Capital Markets. Canaccord Genuity maintained the shares of EBAY in report on Thursday, February 1 with “Hold” rating.

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