Richard Bernstein Advisors Has Trimmed Its Bank Amer (BAC) Stake; Viavi Solutions (VIAV) Shorts Increased By 7.4%

Viavi Solutions Inc. (NASDAQ:VIAV) Logo

Viavi Solutions Inc (NASDAQ:VIAV) had an increase of 7.4% in short interest. VIAV’s SI was 7.20 million shares in February as released by FINRA. Its up 7.4% from 6.71M shares previously. With 2.76 million avg volume, 3 days are for Viavi Solutions Inc (NASDAQ:VIAV)’s short sellers to cover VIAV’s short positions. The SI to Viavi Solutions Inc’s float is 3.2%. The stock increased 0.50% or $0.06 during the last trading session, reaching $12.09. About 857,315 shares traded. Viavi Solutions Inc. (NASDAQ:VIAV) has risen 16.91% since February 13, 2018 and is uptrending. It has outperformed by 16.91% the S&P500. Some Historical VIAV News: 16/03/2018 – VIAVI ANNOUNCES CLOSING OF COBHAM AVCOMM AND WIRELESS TEST AND MEASUREMENT BUSINESSES ACQUISITION; 19/03/2018 – RadioResource: Viavi Completes Acquisition of Cobham AvComm; 03/05/2018 – VIAVI 3Q NET REV. $219.4M, EST. $200.8M; 03/05/2018 – VIAVI SOLUTIONS INC – OPERATIONS EXPECTED TO REBOUND IN SEPTEMBER QTR, EXPECT VERY STRONG FIRST HALF FISCAL YEAR 2019 3D SENSING BUSINESS; 10/04/2018 – VIAVI Solutions Offers Full RAN to Core Network Testing Capabilities; 03/05/2018 – Viavi Solutions Sees 4Q Rev $243M-$267M; 07/03/2018 – VIAVI & MICROSEMI COLLABORATING ON TECH FOR 5G NETWORKS; 03/05/2018 – VIAVI 3Q ADJ EPS CONT OPS 13C, EST. 9.0C; 04/05/2018 – Netscout could attract activist looking for M&A deal –; 06/04/2018 – Viavi Forms Golden Cross: Technicals

Richard Bernstein Advisors Llc decreased Bank Amer Corp (BAC) stake by 8.56% reported in 2018Q3 SEC filing. Richard Bernstein Advisors Llc sold 34,868 shares as Bank Amer Corp (BAC)’s stock declined 19.66%. The Richard Bernstein Advisors Llc holds 372,623 shares with $10.98M value, down from 407,491 last quarter. Bank Amer Corp now has $278.45 billion valuation. The stock increased 0.37% or $0.11 during the last trading session, reaching $28.8. About 31.42 million shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since February 13, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 16/03/2018 – Bank of America to Lose Executive Overseeing Europe; 23/03/2018 – New York AG: A.G. Schneiderman Announces Record $42 Million Settlement With Bank Of America Merrill Lynch Over Fraudulent; 03/05/2018 – ILLINOIS TOOL WORKS INC ITW.N : BOFA MERRILL CUTS PRICE OBJECTIVE TO $165 FROM $185; 16/04/2018 – BANK OF AMERICA BAC.N CHIEF EXECUTIVE OFFICER PAUL DONOFRIO SAYS CONSUMER SPENDING IS ‘ENCOURAGING’; 30/05/2018 – Synopsys CFO Trac Pham to Speak at Bank of America Merrill Lynch Global Technology Conference; 20/03/2018 – Ghana to name four lead advisors for $2.5 bln Eurobond sale; 11/04/2018 – BofA, Harvard Partner on the Growth, Prosperity of AI (Video); 16/04/2018 – Bank of America 1Q Pretax Earnings $8.4B, up 15%; 03/05/2018 – Bank of America to shift 125 British jobs to Ireland ahead of Brexit; 12/04/2018 – BofA Finance LLC Announces Threshold Price and Initial Reference Price for Cash-Settled Equity-Linked Notes Linked to the Commo

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. Gabelli And Inv Advisers invested in 0.35% or 117,229 shares. Jones Fincl Lllp stated it has 0% of its portfolio in Bank of America Corporation (NYSE:BAC). Mycio Wealth Lc stated it has 24,549 shares or 0.07% of all its holdings. Susquehanna Intl Grp Incorporated Llp reported 141,873 shares. Wellcome Tru Ltd (The) As Trustee Of The Wellcome Tru holds 20.00 million shares. Dudley Shanley invested in 0.61% or 110,000 shares. Raab & Moskowitz Asset Mngmt Limited Co accumulated 83,637 shares. Jump Trading Limited invested in 0.09% or 54,546 shares. Scotia holds 0.79% of its portfolio in Bank of America Corporation (NYSE:BAC) for 2.13 million shares. Homrich And Berg holds 86,227 shares. Welch Group Lc reported 63,812 shares or 0.2% of all its holdings. 389,244 are owned by Sumitomo Life Ins. Mackenzie Fincl owns 15.84M shares or 1.13% of their US portfolio. Ftb Advisors Inc has invested 0.31% in Bank of America Corporation (NYSE:BAC). Lourd Limited Liability Corp has invested 8.67% in Bank of America Corporation (NYSE:BAC).

Richard Bernstein Advisors Llc increased Ishares Tr (CSJ) stake by 23,269 shares to 40,918 valued at $2.12 million in 2018Q3. It also upped Smith A O (NYSE:AOS) stake by 18,037 shares and now owns 84,747 shares. Vanguard World Fds (VGT) was raised too.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Benzinga.com which released: “(AAL), Bank of America Corporation (NYSE:BAC) – PreMarket Prep: Airlines And Banks Go Up, Up, And Away – Benzinga” on January 17, 2019, also Seekingalpha.com with their article: “Bank Of America Is Back – Seeking Alpha” published on January 29, 2019, Benzinga.com published: “Bank Of America Jumps 5% Following Record Q4 Profit (NYSE:BAC) – Benzinga” on January 16, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Bank of America Q4 2018 Earnings Preview – Seeking Alpha” published on January 15, 2019 as well as Seekingalpha.com‘s news article titled: “Bank Of America: Dividend Growth You Can Take To The Bank – Seeking Alpha” with publication date: January 17, 2019.

Among 4 analysts covering Bank of America (NYSE:BAC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Bank of America had 4 analyst reports since October 16, 2018 according to SRatingsIntel. The company was upgraded on Wednesday, January 9 by UBS. Wood downgraded the stock to “Market Perform” rating in Wednesday, December 12 report. The rating was maintained by Credit Suisse with “Outperform” on Friday, December 7. On Tuesday, October 16 the stock rating was maintained by BMO Capital Markets with “Market Perform”.

Viavi Solutions Inc. provides network test, monitoring, and assurance solutions to communications service providers, and enterprises and their ecosystems worldwide. The company has market cap of $2.76 billion. The firm operates through Network Enablement, Service Enablement, and Optical Security and Performance Products divisions. It currently has negative earnings. The Network Enablement segment offers testing solutions that access the network to perform build-out and maintenance tasks.

More notable recent Viavi Solutions Inc. (NASDAQ:VIAV) news were published by: Benzinga.com which released: “33 Stocks Moving In Wednesday’s Pre-Market Session – Benzinga” on February 06, 2019, also Seekingalpha.com with their article: “Viavi earns beat amid 40% revenue growth – Seeking Alpha” published on November 01, 2018, Seekingalpha.com published: “Viavi Has More Upside – Seeking Alpha” on August 24, 2018. More interesting news about Viavi Solutions Inc. (NASDAQ:VIAV) were released by: Benzinga.com and their article: “VIAV (NASDAQ:VIAV) – Viavi Solutions Q4 Earnings Preview – Benzinga” published on August 14, 2018 as well as Stockhouse.com‘s news article titled: “Rakuten Selects VIAVI To Validate World’s First End-to-End Cloud-Native Mobile Network – Stockhouse” with publication date: January 23, 2019.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart