Bremer Trust National Association Has Upped Bank Of America (BAC) Holding By $950,425; H&e Equipment Services Has 1.3 Sentiment

March 23, 2018 - By Louis Casey

Bremer Trust National Association increased Bank Of America Corp (BAC) stake by 378.62% reported in 2017Q3 SEC filing. Bremer Trust National Association acquired 38,017 shares as Bank Of America Corp (BAC)’s stock declined 6.00%. The Bremer Trust National Association holds 48,058 shares with $1.22 million value, up from 10,041 last quarter. Bank Of America Corp now has $312.37 billion valuation. The stock increased 0.01% or $0.0027 during the last trading session, reaching $30.5527. About 15.43M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since March 23, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

H&E Equipment Services, Inc. operates as an integrated equipment services company. The company has market cap of $1.42 billion. The firm rents, sells, and provides parts and service support for hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It has a 12.94 P/E ratio. It offers heavy construction and industrial equipment for rent on a daily, weekly, and monthly basis.

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 107 analyst reports since July 21, 2015 according to SRatingsIntel. Macquarie Research upgraded Bank of America Corporation (NYSE:BAC) on Thursday, February 16 to “Outperform” rating. RBC Capital Markets maintained the shares of BAC in report on Wednesday, April 5 with “Buy” rating. The firm has “Buy” rating by Nomura given on Tuesday, September 8. The rating was upgraded by Atlantic Securities on Wednesday, December 21 to “Overweight”. The rating was upgraded by Macquarie Research on Tuesday, August 25 to “Underperform”. The firm has “Buy” rating given on Wednesday, August 12 by Deutsche Bank. The rating was maintained by BMO Capital Markets on Friday, October 13 with “Hold”. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Tuesday, December 5 by Raymond James. The firm earned “Hold” rating on Tuesday, September 1 by Macquarie Research. UBS downgraded Bank of America Corporation (NYSE:BAC) rating on Wednesday, January 11. UBS has “Neutral” rating and $23 target.

Investors sentiment increased to 1.19 in 2017 Q3. Its up 0.15, from 1.04 in 2017Q2. It is positive, 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. 325,603 were accumulated by Kempner Incorporated. Barrow Hanley Mewhinney Strauss Ltd Company reported 60.99 million shares or 2.33% of all its holdings. Jane Street Group Incorporated Limited has invested 0.16% in Bank of America Corporation (NYSE:BAC). Lockheed Martin Invest Management Commerce invested 0.06% in Bank of America Corporation (NYSE:BAC). Segall Bryant & Hamill Ltd Company invested in 41,057 shares. One Capital Lc accumulated 126,598 shares. Employees Retirement System Of Ohio, a Ohio-based fund reported 7.06M shares. Mirae Asset Glob Invs holds 1.73M shares or 0.8% of its portfolio. Ipswich Invest holds 0.12% in Bank of America Corporation (NYSE:BAC) or 10,176 shares. Van Cleef Asset Managementinc owns 41,813 shares or 0.29% of their US portfolio. Tennessee-based Diversified Tru Co has invested 0.02% in Bank of America Corporation (NYSE:BAC). Bahl Gaynor owns 13,536 shares. The New York-based Price Michael F has invested 0.07% in Bank of America Corporation (NYSE:BAC). 2.15 million were reported by Caxton Associates L P. Advisor Prtn Ltd Liability Corp holds 1.01% of its portfolio in Bank of America Corporation (NYSE:BAC) for 203,882 shares.

Bremer Trust National Association decreased Pfizer Inc (NYSE:PFE) stake by 20,333 shares to 39,933 valued at $1.43M in 2017Q3. It also reduced Phillips 66 (NYSE:PSX) stake by 5,415 shares and now owns 17,634 shares. Intel Corp (NASDAQ:INTC) was reduced too.

The stock decreased 0.34% or $0.136 during the last trading session, reaching $39.714. About 25,230 shares traded. H&E Equipment Services, Inc. (HEES) has risen 3.15% since March 23, 2017 and is uptrending. It has underperformed by 13.55% the S&P500.

Harvey Partners Llc holds 3.79% of its portfolio in H&E Equipment Services, Inc. for 113,000 shares. Tygh Capital Management Inc. owns 311,293 shares or 1.82% of their US portfolio. Moreover, Buckingham Capital Management Inc has 1.25% invested in the company for 322,973 shares. The Illinois-based Banced Corp has invested 0.8% in the stock. Capital Management Associates Ny, a New York-based fund reported 18,000 shares.

Since January 1, 0001, it had 0 buys, and 8 selling transactions for $13.09 million activity.

Analysts await H&E Equipment Services, Inc. (NASDAQ:HEES) to report earnings on April, 26. They expect $0.21 EPS, up 40.00% or $0.06 from last year’s $0.15 per share. HEES’s profit will be $7.49M for 47.28 P/E if the $0.21 EPS becomes a reality. After $0.77 actual EPS reported by H&E Equipment Services, Inc. for the previous quarter, Wall Street now forecasts -72.73% negative EPS growth.

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