Taconic Capital Advisors LP Cut Its Position in At&T (T) as Share Price Declined; Vantage Investment Advisors Position in Bank Of America (BAC) Increased as Share Price Declined

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Taconic Capital Advisors Lp decreased its stake in At&T Inc (T) by 43.75% based on its latest 2018Q3 regulatory filing with the SEC. Taconic Capital Advisors Lp sold 175,000 shares as the company’s stock declined 7.66% with the market. The hedge fund held 225,000 shares of the telecommunications equipment company at the end of 2018Q3, valued at $7.56 million, down from 400,000 at the end of the previous reported quarter. Taconic Capital Advisors Lp who had been investing in At&T Inc for a number of months, seems to be less bullish one the $217.30 billion market cap company. The stock increased 0.10% or $0.03 during the last trading session, reaching $29.84. About 29.39M shares traded. AT&T Inc. (NYSE:T) has declined 17.31% since February 13, 2018 and is downtrending. It has underperformed by 17.31% the S&P500. Some Historical T News: 29/03/2018 – PC Magazine: Exclusive: AT&T LTE Hits 537Mbps in Chicago; 09/03/2018 – GROUP URGED FEDERAL JUDGE OVERSEEING CHALLENGE TO AT&T’S PROPOSED DEAL OF TIME WARNER TO ENSURE COS CAN EXAMINE IF WHITE HOUSE INTERFERED – COURT FILING; 07/05/2018 – Jeffrey C. McCracken: Comcast plans to make an all-cash bid for Fox if AT&T-Time Warner is approved, sources say -; 19/04/2018 – AT&T Abandons Plans for Vrio IPO in Blow to Efforts to Cut Debt; 20/04/2018 – Channel NewsAsia: DOJ said to investigate AT&T, Verizon over wireless collusion claim; 25/04/2018 – AT&T CFO: PLANNING `DIFFERENTIATED’ TV OFFERS TAILORED TO USERS; 19/04/2018 – AT&T’s CEO Stephenson Pitches Time Warner Deal Straight to Judge; 05/04/2018 – AT&T’s Vrio Sets Terms Of IPO, To Raise Up To $653 Million — MarketWatch; 07/03/2018 – VRIO CORP SAYS PROPOSED IPO PRICE IS AN ESTIMATE SOLELY FOR CALCULATING SEC REGISTRATION FEE; 06/03/2018 – AT&T: Investment Plans Include Deployment of the FirstNet Network

Vantage Investment Advisors Llc increased its stake in Bank Of America (BAC) by 6.91% based on its latest 2018Q3 regulatory filing with the SEC. Vantage Investment Advisors Llc bought 13,251 shares as the company’s stock declined 19.66% with the market. The institutional investor held 204,907 shares of the major banks company at the end of 2018Q3, valued at $5.99M, up from 191,656 at the end of the previous reported quarter. Vantage Investment Advisors Llc who had been investing in Bank Of America for a number of months, seems to be bullish on the $277.51 billion market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $28.7. About 48.43 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: 23/03/2018 – Bank of America in $42 million settlement over ‘masking’ electronic trading activities with customers; 20/03/2018 – ABF Journal: BofA Merrill Lynch, JPMorgan Lead $8B Coty Refi; 21/05/2018 – EPR PROPERTIES EPR.N : BOFA MERRILL RAISES PRICE OBJECTIVE TO $62.25 FROM $58; 16/03/2018 – YNAP YNAP.Ml – BOARD TOOK INTO ACCOUNT FAIRNESS OPINIONS PROVIDED BY FINANCIAL ADVISERS MEDIOBANCA AND BANK OF AMERICA MERRILL LYNCH; 18/05/2018 – TAIWAN CENTRAL BANK NAMES FOUR LOCAL BANKS TO TAKE OVER THE BUSINESS AFTER UOB’S EXIT; 05/03/2018 – Business Insider: These are the top 5 contenders for Amazon’s HQ2, according to Bank of America; 09/05/2018 – BofA faces class-action lawsuit over `sham’ appraisals; 02/05/2018 – Magellan Health Presenting at Bank of America Conference May 16; 05/03/2018 – Consumer discretionary overtook tech as the most crowded sector last month, a Bank of America Merrill Lynch survey shows; 16/04/2018 – BANK OF AMERICA – QTRLY NET CHARGE-OFFS DECLINED $23 MILLION TO $911 MILLION

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. The firm has “Buy” rating given on Friday, July 7 by Jefferies. The company was upgraded on Wednesday, January 20 by Sandler O’Neill. RBC Capital Markets maintained it with “Buy” rating and $2600 target in Tuesday, July 18 report. Sandler O’Neill maintained Bank of America Corporation (NYSE:BAC) on Friday, January 19 with “Buy” rating. JP Morgan maintained it with “Overweight” rating and $28.5 target in Wednesday, November 1 report. UBS upgraded the shares of BAC in report on Wednesday, January 9 to “Buy” rating. Berenberg downgraded the stock to “Hold” rating in Monday, April 24 report. The firm has “Mkt Perform” rating given on Monday, August 24 by Bruyette & Woods”. The stock of Bank of America Corporation (NYSE:BAC) earned “Hold” rating by Robert W. Baird on Friday, September 29. The stock has “Neutral” rating by Guggenheim on Tuesday, November 15.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Bank of America Q4 2018 Earnings Preview – Seeking Alpha” on January 15, 2019, also Benzinga.com with their article: “Bank of America Corporation (NYSE:BAC), PACCAR Inc. (NASDAQ:PCAR) – PACCAR’s Forecast Sees A Slightly Growth In Class 8 Truck Market After A Strong Year – Benzinga” published on January 30, 2019, Benzinga.com published: “Bank of America Corporation (NYSE:BAC), (CC) – Bank of America, Goldman Sachs And Morgan Stanley Cap Off Week Of Big Bank Earnings – Benzinga” on January 15, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Fool.com and their article: “Why Bank of America, First Data, and United Natural Foods Jumped Today – The Motley Fool” published on January 16, 2019 as well as Benzinga.com‘s news article titled: “Apple Inc. (NASDAQ:AAPL), Bank of America Corporation (NYSE:BAC) – Market Has A Lot To Digest Amid Brexit News, China Stimulus, Bank Earnings – Benzinga” with publication date: January 16, 2019.

Investors sentiment decreased to 0.84 in 2018 Q3. Its down 0.17, from 1.01 in 2018Q2. It dived, 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. Plante Moran Financial Advsrs Ltd Co reported 0.12% of its portfolio in Bank of America Corporation (NYSE:BAC). Thomas White Ltd stated it has 0.26% in Bank of America Corporation (NYSE:BAC). Homrich Berg invested in 0.15% or 86,227 shares. Icon Advisers invested 2.79% in Bank of America Corporation (NYSE:BAC). Ledyard Fincl Bank stated it has 25,032 shares. Estabrook Mngmt owns 428,944 shares or 0% of their US portfolio. Segment Wealth Management Ltd Liability Company reported 18,664 shares or 0.12% of all its holdings. 40,409 are held by Boys Arnold And Company. Silvercrest Asset Mngmt Gp Lc has 0.05% invested in Bank of America Corporation (NYSE:BAC) for 197,749 shares. Southeast Asset Advsr invested 0.14% in Bank of America Corporation (NYSE:BAC). Pointstate Capital Ltd Partnership has 0.82% invested in Bank of America Corporation (NYSE:BAC) for 2.11 million shares. 54,554 are owned by Rmb Cap Management Ltd Liability Corp. Tcw Group Incorporated accumulated 0.01% or 23,640 shares. Caprock Gru holds 0.26% in Bank of America Corporation (NYSE:BAC) or 42,985 shares. Westpac Banking stated it has 1.34 million shares.

Vantage Investment Advisors Llc, which manages about $916.05 million and $476.65 million US Long portfolio, decreased its stake in Ishares Russell 1000 Growth (IWF) by 2,611 shares to 3,073 shares, valued at $479,000 in 2018Q3, according to the filing. It also reduced its holding in Nike Inc. (NYSE:NKE) by 83,147 shares in the quarter, leaving it with 6,130 shares, and cut its stake in Applied Materials (NASDAQ:AMAT).

More notable recent AT&T Inc. (NYSE:T) news were published by: Seekingalpha.com which released: “AT&T: There’s Still No Dividend Stock That Compares – Seeking Alpha” on January 29, 2019, also Seekingalpha.com with their article: “AT&T -2% on weak Q4 wireless adds – Seeking Alpha” published on January 30, 2019, Seekingalpha.com published: “You Can’t Bank On AT&T Like That – Seeking Alpha” on January 22, 2019. More interesting news about AT&T Inc. (NYSE:T) were released by: Seekingalpha.com and their article: “Time To Buy AT&T: How I’m Playing It – Seeking Alpha” published on January 15, 2019 as well as Seekingalpha.com‘s news article titled: “AT&T: 10 Years Of ‘Nothing?’ – Seeking Alpha” with publication date: January 22, 2019.

Among 37 analysts covering AT&T Inc. (NYSE:T), 17 have Buy rating, 2 Sell and 18 Hold. Therefore 46% are positive. AT&T Inc. had 101 analyst reports since July 27, 2015 according to SRatingsIntel. The rating was upgraded by Moffett Nathanson to “Neutral” on Tuesday, May 30. The rating was downgraded by Oppenheimer on Tuesday, November 8 to “Perform”. The rating was maintained by Deutsche Bank with “Hold” on Tuesday, May 1. SunTrust maintained AT&T Inc. (NYSE:T) on Thursday, February 1 with “Hold” rating. The stock has “Buy” rating by Wells Fargo on Friday, February 23. The firm earned “Neutral” rating on Monday, November 26 by Moffett Nathanson. Morgan Stanley maintained AT&T Inc. (NYSE:T) on Wednesday, June 27 with “Overweight” rating. Barclays Capital downgraded AT&T Inc. (NYSE:T) on Wednesday, October 26 to “Equal-Weight” rating. The stock of AT&T Inc. (NYSE:T) has “Buy” rating given on Monday, November 14 by Deutsche Bank. Scotia Capital maintained the stock with “Hold” rating in Tuesday, January 30 report.

Taconic Capital Advisors Lp, which manages about $11.01 billion and $604.06 million US Long portfolio, upped its stake in Northern Oil & Gas Inc Nev (NYSEMKT:NOG) by 190,100 shares to 1.09M shares, valued at $4.35 million in 2018Q3, according to the filing. It also increased its holding in T Mobile Us Inc (NYSE:TMUS) by 20,520 shares in the quarter, for a total of 97,450 shares, and has risen its stake in Comcast Corp New (NASDAQ:CMCSA).

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