Ascend Capital Has Trimmed Holding in Microstrategy (MSTR) as Share Price Declined; Gfs Advisors Trimmed Its Bank Amer (BAC) Position as Stock Declined

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Ascend Capital Llc decreased its stake in Microstrategy Inc (MSTR) by 35.98% based on its latest 2018Q3 regulatory filing with the SEC. Ascend Capital Llc sold 29,372 shares as the company’s stock declined 13.03% with the market. The hedge fund held 52,258 shares of the prepackaged software company at the end of 2018Q3, valued at $7.35 million, down from 81,630 at the end of the previous reported quarter. Ascend Capital Llc who had been investing in Microstrategy Inc for a number of months, seems to be less bullish one the $1.51B market cap company. The stock decreased 0.21% or $0.28 during the last trading session, reaching $132.03. About 41,957 shares traded. MicroStrategy Incorporated (NASDAQ:MSTR) has declined 4.74% since January 9, 2018 and is downtrending. It has underperformed by 4.74% the S&P500. Some Historical MSTR News: 10/04/2018 – MicroStrategy Further Transforms Visual Data Discovery with MicroStrategy 10.11™; 15/05/2018 – Glenhill Advisors LLC Exits Position in MicroStrategy; 26/04/2018 – MICROSTRATEGY 1Q REV. $123.0M, EST. $120.0M; 25/04/2018 – Investor Expectations to Drive Momentum within MicroStrategy, Marcus & Millichap, Gentex, Ultragenyx Pharmaceutical, Dave & Bus; 29/05/2018 – New Zealand’s The University of Auckland ICT Graduate School Announces New Curriculum Based on MicroStrategy Software; 26/04/2018 – MicroStrategy 1Q Rev $123M; 29/05/2018 – New Zealand’s The University of Auckland ICT Graduate School Announces New Curriculum Based on MicroStrategy Software; 26/04/2018 – MicroStrategy 1Q EPS 15c; 26/04/2018 – MICROSTRATEGY 1Q EPS 15C, EST. 27C; 18/04/2018 – MicroStrategy Releases Three New Gateways to Microsoft Azure

Gfs Advisors Llc decreased its stake in Bank Amer Corp (BAC) by 0.96% based on its latest 2018Q3 regulatory filing with the SEC. Gfs Advisors Llc sold 12,410 shares as the company’s stock declined 19.66% with the market. The institutional investor held 1.29 million shares of the major banks company at the end of 2018Q3, valued at $37.91M, down from 1.30 million at the end of the previous reported quarter. Gfs Advisors Llc who had been investing in Bank Amer Corp for a number of months, seems to be less bullish one the $252.52 billion market cap company. The stock increased 0.86% or $0.22 during the last trading session, reaching $25.73. About 39.92M shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since January 9, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 14/05/2018 – Integra LifeSciences at Bank of America Conference Tomorrow; 14/05/2018 – Union Pacific Presenting at Bank of America Conference Tomorrow; 16/04/2018 – Kangyo Yokohama Securities Comments on Bank of America’s Double Digit Growth; 10/05/2018 – A return to $100 a barrel oil? – BofA; 16/04/2018 – Bank of America 1Q Noninterest Expense Fell 1% to $13.9B; 10/04/2018 – BofA’s Finucane on Coal, Lending to Gun Companies, Green Bonds (Video); 29/05/2018 – IBM Presenting at Bank of America Conference Jun 5; 14/05/2018 – Amgen Presenting at Bank of America Conference Tomorrow; 11/05/2018 – BANK OF AMERICA FINANCIALS CO-HEAD IS SAID TO EXIT; 07/05/2018 – J.B. Hunt Transport Services, Inc. to Participate in the Bank of America Merrill Lynch Transportation and the Wolfe Research 11th Annual Global Transportation Conferences

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Bank Of America: Bulls Vs. Bears – Seeking Alpha” on December 21, 2018, also Seekingalpha.com with their article: “Bank Of America: Tread Carefully – Seeking Alpha” published on December 17, 2018, Investorplace.com published: “5 Top Stock Trades for Thursday: BAC, JPM, BOX – Investorplace.com” on January 02, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Investorplace.com and their article: “Tuesday’s Vital Data: Apple, Ford and Bank of America – Investorplace.com” published on December 11, 2018 as well as Investorplace.com‘s news article titled: “10 Stocks You Can Set and Forget (Even In This Market) – Investorplace.com” with publication date: January 08, 2019.

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 118 analyst reports since July 21, 2015 according to SRatingsIntel. Wells Fargo maintained Bank of America Corporation (NYSE:BAC) rating on Thursday, August 10. Wells Fargo has “Outperform” rating and $30 target. The firm earned “Neutral” rating on Monday, October 16 by UBS. Nomura maintained the shares of BAC in report on Tuesday, July 18 with “Buy” rating. The stock has “Neutral” rating by Citigroup on Monday, October 9. The rating was maintained by BMO Capital Markets on Wednesday, April 12 with “Hold”. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by RBC Capital Markets on Wednesday, April 5. As per Tuesday, September 1, the company rating was upgraded by Macquarie Research. The rating was maintained by Keefe Bruyette & Woods with “Buy” on Tuesday, October 3. Nomura upgraded the shares of BAC in report on Tuesday, September 8 to “Buy” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Wednesday, June 14 by RBC Capital Markets.

Gfs Advisors Llc, which manages about $755.79M and $544.65 million US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VWO) by 109,918 shares to 283,124 shares, valued at $11.61 million in 2018Q3, according to the filing. It also increased its holding in Facebook Inc (NASDAQ:FB) by 53,279 shares in the quarter, for a total of 61,108 shares, and has risen its stake in Select Sector Spdr Tr (XLE).

Investors sentiment decreased to 0.84 in Q3 2018. Its down 0.17, from 1.01 in 2018Q2. It fall, as 57 investors sold BAC shares while 649 reduced holdings. 123 funds opened positions while 473 raised stakes. 6.37 billion shares or 1.73% less from 6.48 billion shares in 2018Q2 were reported. Moreover, Invesco Ltd has 0.69% invested in Bank of America Corporation (NYSE:BAC). Adirondack Tru holds 13,903 shares. Shufro Rose & Ltd accumulated 72,655 shares. Nordea Investment Ab invested in 7.82 million shares or 0.5% of the stock. Cleararc Capital holds 0.93% or 240,294 shares in its portfolio. 35,891 are held by Shamrock Asset Mngmt Lc. 203,397 were reported by Hodges Mgmt. Levin Strategies Limited Partnership invested 2.46% of its portfolio in Bank of America Corporation (NYSE:BAC). Andra Ap invested 0.03% of its portfolio in Bank of America Corporation (NYSE:BAC). Bangor Fincl Bank holds 0.07% or 12,650 shares. Exane Derivatives holds 90,879 shares or 0% of its portfolio. Roanoke Asset Mgmt holds 204,423 shares or 2.7% of its portfolio. Guyasuta Inv Advsrs Incorporated has invested 0.03% of its portfolio in Bank of America Corporation (NYSE:BAC). Wright Invsts Service reported 144,837 shares. Tiger Mngmt Lc has 706,700 shares for 2.09% of their portfolio.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 16 before the open. They expect $0.63 earnings per share, up 34.04% or $0.16 from last year’s $0.47 per share. BAC’s profit will be $6.18 billion for 10.21 P/E if the $0.63 EPS becomes a reality. After $0.66 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.55% negative EPS growth.

Ascend Capital Llc, which manages about $4.98B and $1.99B US Long portfolio, upped its stake in Hyatt Hotels Corp (NYSE:H) by 83,788 shares to 687,687 shares, valued at $54.73 million in 2018Q3, according to the filing. It also increased its holding in Mylan N V (NASDAQ:MYL) by 1.11M shares in the quarter, for a total of 2.00M shares, and has risen its stake in Air Prods & Chems Inc (NYSE:APD).

Investors sentiment decreased to 1.19 in Q3 2018. Its down 0.13, from 1.32 in 2018Q2. It worsened, as 16 investors sold MSTR shares while 48 reduced holdings. 23 funds opened positions while 53 raised stakes. 8.01 million shares or 0.78% less from 8.07 million shares in 2018Q2 were reported. 3,713 are held by Aperio Limited Liability. Parametric Portfolio Assocs Ltd Liability invested 0% of its portfolio in MicroStrategy Incorporated (NASDAQ:MSTR). Horrell Capital Mgmt Inc invested 2.44% of its portfolio in MicroStrategy Incorporated (NASDAQ:MSTR). Price T Rowe Md invested in 5,717 shares. Sei Investments Com, Pennsylvania-based fund reported 535 shares. Comerica Bank, a Michigan-based fund reported 9,135 shares. State Board Of Administration Of Florida Retirement reported 1,856 shares. California State Teachers Retirement System has 0% invested in MicroStrategy Incorporated (NASDAQ:MSTR) for 14,528 shares. Ameritas Invest Prtnrs invested in 0.01% or 820 shares. Swiss National Bank invested in 0% or 16,400 shares. Jacobs Levy Equity Mngmt holds 46,775 shares. Invesco reported 0.01% in MicroStrategy Incorporated (NASDAQ:MSTR). Credit Suisse Ag has 8,417 shares. Quantitative Mngmt Ltd Com holds 1,700 shares or 0.01% of its portfolio. Moreover, Ameriprise has 0.01% invested in MicroStrategy Incorporated (NASDAQ:MSTR) for 177,245 shares.

Analysts await MicroStrategy Incorporated (NASDAQ:MSTR) to report earnings on January, 24. They expect $1.15 earnings per share, down 25.81% or $0.40 from last year’s $1.55 per share. MSTR’s profit will be $13.19M for 28.70 P/E if the $1.15 EPS becomes a reality. After $0.83 actual earnings per share reported by MicroStrategy Incorporated for the previous quarter, Wall Street now forecasts 38.55% EPS growth.

MicroStrategy Incorporated (NASDAQ:MSTR) Institutional Positions Chart

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