Regis Management Co Has Decreased Servicesource Intl Inccom (SREV) Holding By $1.35 Million; Darsana Capital Partners LP Has Raised By $152.25 Million Its Bank Amer (BAC) Stake

May 23, 2018 - By Peter Erickson

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Darsana Capital Partners Lp increased Bank Amer Corp (BAC) stake by 262.5% reported in 2017Q4 SEC filing. Darsana Capital Partners Lp acquired 5.25 million shares as Bank Amer Corp (BAC)’s stock declined 1.20%. The Darsana Capital Partners Lp holds 7.25 million shares with $214.02M value, up from 2.00M last quarter. Bank Amer Corp now has $308.64 billion valuation. The stock decreased 1.46% or $0.45 during the last trading session, reaching $30.44. About 73.08 million shares traded or 9.51% up from the average. Bank of America Corporation (NYSE:BAC) has risen 28.18% since May 23, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Regis Management Co Llc decreased Servicesource Intl Inccom (SREV) stake by 40.67% reported in 2017Q4 SEC filing. Regis Management Co Llc sold 450,000 shares as Servicesource Intl Inccom (SREV)’s stock rose 15.09%. The Regis Management Co Llc holds 656,440 shares with $2.03M value, down from 1.11 million last quarter. Servicesource Intl Inccom now has $389.35M valuation. The stock increased 1.42% or $0.06 during the last trading session, reaching $4.28. About 560,110 shares traded or 26.88% up from the average. ServiceSource International, Inc. (NASDAQ:SREV) has declined 1.08% since May 23, 2017 and is downtrending. It has underperformed by 12.63% the S&P500.

Among 4 analysts covering ServiceSource International (NASDAQ:SREV), 3 have Buy rating, 0 Sell and 1 Hold. Therefore 75% are positive. ServiceSource International had 7 analyst reports since August 24, 2016 according to SRatingsIntel. Northland Capital maintained ServiceSource International, Inc. (NASDAQ:SREV) on Friday, July 28 with “Hold” rating. On Wednesday, August 24 the stock rating was maintained by JMP Securities with “Market Outperform”. As per Wednesday, February 22, the company rating was downgraded by Northland Capital. The firm earned “Hold” rating on Thursday, October 5 by Northland Capital. The company was maintained on Thursday, November 9 by Northland Capital. The firm has “Buy” rating by FBR Capital given on Tuesday, March 27.

Analysts await ServiceSource International, Inc. (NASDAQ:SREV) to report earnings on August, 6. They expect $-0.01 earnings per share, down 150.00% or $0.03 from last year’s $0.02 per share. After $-0.04 actual earnings per share reported by ServiceSource International, Inc. for the previous quarter, Wall Street now forecasts -75.00% EPS growth.

Regis Management Co Llc increased Ishares National Muni Bond Etf (MUB) stake by 25,543 shares to 128,644 valued at $14.25 million in 2017Q4. It also upped Vanguard Index Funds Vanguard (VTI) stake by 16,609 shares and now owns 1.03 million shares. Vanguard Ftse Developed Mkts (VEA) was raised too.

Another recent and important ServiceSource International, Inc. (NASDAQ:SREV) news was published by Seekingalpha.com which published an article titled: “ServiceSource: Avoid” on April 24, 2018.

Investors sentiment decreased to 1.12 in 2017 Q4. Its down 0.73, from 1.85 in 2017Q3. It dived, as 7 investors sold SREV shares while 26 reduced holdings. 10 funds opened positions while 27 raised stakes. 56.58 million shares or 4.80% less from 59.43 million shares in 2017Q3 were reported. Rhumbline Advisers stated it has 0% of its portfolio in ServiceSource International, Inc. (NASDAQ:SREV). Citigroup has 0% invested in ServiceSource International, Inc. (NASDAQ:SREV) for 9,215 shares. Kennedy Capital Management invested in 563,181 shares. Soros Fund Management Ltd invested 0.02% in ServiceSource International, Inc. (NASDAQ:SREV). Prescott Cap Management Lc holds 3.47 million shares or 2.22% of its portfolio. Susquehanna Group Ltd Liability Partnership invested in 523,143 shares. Parametric Ltd Limited Liability Company invested 0% in ServiceSource International, Inc. (NASDAQ:SREV). Vanguard holds 0% or 3.12 million shares. Jacobs Levy Equity holds 0% or 22,100 shares. Legal General Gp Public Limited Com reported 19,667 shares. Blackrock Inc holds 0% or 4.68M shares in its portfolio. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 5,876 shares or 0% of the stock. Tiaa Cref Mngmt Ltd Liability invested 0% of its portfolio in ServiceSource International, Inc. (NASDAQ:SREV). Goldman Sachs holds 0% of its portfolio in ServiceSource International, Inc. (NASDAQ:SREV) for 106,245 shares. Great West Life Assurance Can accumulated 1,200 shares or 0% of the stock.

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 114 analyst reports since July 21, 2015 according to SRatingsIntel. Credit Suisse maintained Bank of America Corporation (NYSE:BAC) on Friday, March 16 with “Outperform” rating. As per Tuesday, October 3, the company rating was maintained by Keefe Bruyette & Woods. The stock has “Buy” rating by Sandler O’Neill on Tuesday, January 9. Bernstein upgraded it to “Mkt Perform” rating and $19.0 target in Tuesday, August 25 report. Guggenheim downgraded the shares of BAC in report on Tuesday, November 15 to “Neutral” rating. BMO Capital Markets maintained it with “Hold” rating and $2700 target in Tuesday, July 18 report. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Nomura on Tuesday, July 18. The stock has “Buy” rating by Jefferies on Monday, October 10. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Tuesday, September 1 by Bernstein. RBC Capital Markets maintained the shares of BAC in report on Wednesday, June 14 with “Buy” rating.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Financial sector the winner today” on May 22, 2018, also Seekingalpha.com with their article: “Bank Of America: Time To Sell?” published on May 08, 2018, Usatoday.com published: “Management, competition: Two important reasons Warren Buffett reads annual reports” on May 23, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Bizjournals.com and their article: “Gun-control advocates target Bank of America on Remington deal after Santa Fe shooting” published on May 23, 2018 as well as Seekingalpha.com‘s news article titled: “Bank Of America: This 6.00% Preferred Stock Has Begun Trading On The NYSE” with publication date: May 17, 2018.

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