Signature Estate & Investment Advisors Has Upped Position in Bank Amer (BAC); As Newmont Mining (NEM) Shares Rose, Cohen & Steers Has Raised Position

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Cohen & Steers Inc increased its stake in Newmont Mining Corporation (NEM) by 39.89% based on its latest 2018Q3 regulatory filing with the SEC. Cohen & Steers Inc bought 68,229 shares as the company’s stock rose 12.74% while stock markets declined. The institutional investor held 239,277 shares of the precious metals company at the end of 2018Q3, valued at $7.23 million, up from 171,048 at the end of the previous reported quarter. Cohen & Steers Inc who had been investing in Newmont Mining Corporation for a number of months, seems to be bullish on the $17.70B market cap company. The stock decreased 0.48% or $0.16 during the last trading session, reaching $33.23. About 5.43 million shares traded. Newmont Mining Corporation (NYSE:NEM) has declined 6.65% since February 14, 2018 and is downtrending. It has underperformed by 6.65% the S&P500. Some Historical NEM News: 29/05/2018 – NEWMONT PACT TO SELL ROYALTY PORTFOLIO TO MAVERIX METALS; 26/04/2018 – Canadian Miner Agnico to divest cobalt assets, sells gold interests; 26/04/2018 – Newmont Mining 1Q Adj EPS 35c; 30/05/2018 – Ghana gold miners say welcome new government export tests; 29/05/2018 – Newmont Mining To Sell Royalty Portfolio to Maverix Metals; 09/04/2018 – Lydian Terminates Newmont Royalty Agreement and Elects Fixed Payment Option; 29/05/2018 – MAVERIX METALS TO ACQUIRE SIGNIFICANT ROYALTY PORTFOLIO THROUGH STRATEGIC PARTNERSHIP WITH NEWMONT; 26/04/2018 – NEWMONT MINING CORP NEM.N – CFO NANCY BUESE SAYS ON TRACK TO RETURN MORE THAN $350 MILLION TO SHAREHOLDERS THIS YEAR – CONF CALL; 27/04/2018 – Newmont Mining Names Rene Medori to Board; 08/04/2018 – PRECIOUS-Gold slips as dollar firms, but trade war fears persist

Signature Estate & Investment Advisors Llc increased its stake in Bank Amer Corp (BAC) by 2.9% based on its latest 2018Q3 regulatory filing with the SEC. Signature Estate & Investment Advisors Llc bought 21,593 shares as the company’s stock declined 19.66% with the market. The institutional investor held 766,451 shares of the major banks company at the end of 2018Q3, valued at $22.58M, up from 744,858 at the end of the previous reported quarter. Signature Estate & Investment Advisors Llc who had been investing in Bank Amer Corp for a number of months, seems to be bullish on the $277.51B market cap company. The stock increased 0.03% or $0.01 during the last trading session, reaching $28.7. About 48.95M shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since February 14, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 23/03/2018 – A.G. SCHNEIDERMAN REPORTS $42M SETTLEMENT WITH BANK OF AMERICA; 30/04/2018 – NewLink Genetics at Bank of America Conference May 17; 21/05/2018 – Tl Chief Financial Officer Rafael Lizardi to speak at Bank of America Merrill Lynch investor conference; 11/04/2018 – Bank of America Unveils Digital Mortgage Experience; 10/05/2018 – Alcoa to Participate at Bank of America Merrill Lynch Global Metals, Mining and Steel Conference; 06/04/2018 – U.S.-Sino trade war boost fund flows to “Treasury Island” – BAML; 05/04/2018 – CONSOL HOLDING – BOFA MERRILL LYNCH, GOLDMAN SACHS, RAND MERCHANT, AND STANDARD BANK OF SOUTH AFRICA HAVE BEEN APPOINTED AS JOINT GLOBAL COORDINATORS; 14/05/2018 – Bluebird Bio Presenting at Bank of America Conference Tomorrow; 07/05/2018 – U.S. IPOs Drop 17% in 2018, BofA Leads; 17/05/2018 – Twilio Presenting at Bank of America Conference Jun 5

Investors sentiment decreased to 0.84 in 2018 Q3. 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. Cambridge Financial Grp Inc holds 0% or 223,839 shares. Washington Mngmt holds 70,455 shares or 1.99% of its portfolio. Paloma Prtnrs Mgmt Company holds 0.68% of its portfolio in Bank of America Corporation (NYSE:BAC) for 1.27 million shares. First Manhattan accumulated 154,593 shares or 0.02% of the stock. 307,327 were accumulated by Klingenstein Fields And Ltd Co. Regent Inv Mngmt Ltd Liability Corp has 1.5% invested in Bank of America Corporation (NYSE:BAC) for 162,960 shares. Polaris Greystone Finance Limited Liability Com accumulated 105,691 shares. Ally Fincl holds 0.97% in Bank of America Corporation (NYSE:BAC) or 165,000 shares. 10,000 were reported by Savings Bank Pictet Cie (Asia) Limited. Glenmede Trust Na invested in 0.09% or 749,445 shares. Thompson Invest Incorporated has 2.07% invested in Bank of America Corporation (NYSE:BAC) for 394,435 shares. Illinois-based Glenview State Bank Dept has invested 0.29% in Bank of America Corporation (NYSE:BAC). New England Private Wealth Limited Liability Company reported 0.29% of its portfolio in Bank of America Corporation (NYSE:BAC). Ruggie Capital Gru holds 2,131 shares or 0.04% of its portfolio. Schnieders Capital Mgmt Limited stated it has 199,496 shares or 2.41% of all its holdings.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Bizjournals.com which released: “BofA, Ally Financial and Barings to invest $70M-plus for affordable housing in Charlotte – Charlotte Business Journal” on January 15, 2019, also Benzinga.com with their article: “Bank of America Corporation (NYSE:BAC), (CC) – Bank of America, Goldman Sachs And Morgan Stanley Cap Off Week Of Big Bank Earnings – Benzinga” published on January 15, 2019, Benzinga.com published: “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” on January 30, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: 247Wallst.com and their article: “Is Bank of America Picking Up Where Wells Fargo Let Down? – 24/7 Wall St.” published on January 16, 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 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 “Outperform” rating by Macquarie Research given on Thursday, February 16. As per Monday, March 26, the company rating was maintained by Oppenheimer. RBC Capital Markets maintained the stock with “Buy” rating in Wednesday, August 30 report. The rating was downgraded by Guggenheim on Tuesday, November 15 to “Neutral”. As per Friday, April 7, the company rating was maintained by Wood. The rating was maintained by BMO Capital Markets with “Market Perform” on Tuesday, October 16. Keefe Bruyette & Woods maintained Bank of America Corporation (NYSE:BAC) on Wednesday, April 4 with “Buy” rating. As per Thursday, April 7, the company rating was maintained by JP Morgan. Citigroup maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, January 11. Citigroup has “Buy” rating and $26 target. As per Wednesday, January 11, the company rating was downgraded by UBS.

Signature Estate & Investment Advisors Llc, which manages about $1.11B US Long portfolio, decreased its stake in Alphabet Inc by 1,166 shares to 18,288 shares, valued at $22.08M in 2018Q3, according to the filing. It also reduced its holding in Schwab Strategic Tr (SCHX) by 5,362 shares in the quarter, leaving it with 8,135 shares, and cut its stake in Thermo Fisher Scientific Inc (NYSE:TMO).

Since September 4, 2018, it had 0 insider buys, and 26 sales for $2.47 million activity. 2,000 shares were sold by Buese Nancy, worth $61,060. $38,163 worth of Newmont Mining Corporation (NYSE:NEM) was sold by Palmer Thomas Ronald on Tuesday, September 4. 4,000 shares were sold by Goldberg Gary J, worth $122,120 on Tuesday, September 4. 5,000 shares were sold by Lawson Scott P, worth $171,368 on Wednesday, January 2. $157,207 worth of Newmont Mining Corporation (NYSE:NEM) was sold by MacGowan William N on Thursday, November 1. Gottesfeld Stephen P sold $122,605 worth of Newmont Mining Corporation (NYSE:NEM) on Friday, January 11.

Cohen & Steers Inc, which manages about $34.40 billion US Long portfolio, decreased its stake in American Water Works Company Inc. (NYSE:AWK) by 8,732 shares to 1.66M shares, valued at $146.07M in 2018Q3, according to the filing. It also reduced its holding in The Tjx Companies Inc. (NYSE:TJX) by 110,226 shares in the quarter, leaving it with 74,099 shares, and cut its stake in Western Gas Equity Partners (NYSE:WGP).

Investors sentiment decreased to 0.89 in 2018 Q3. Its down 0.31, from 1.2 in 2018Q2. It dropped, as 59 investors sold NEM shares while 174 reduced holdings. 60 funds opened positions while 148 raised stakes. 429.40 million shares or 0.19% less from 430.21 million shares in 2018Q2 were reported. Tompkins Financial Corporation invested in 40 shares. Aviva Public Limited Company owns 258,015 shares. Texas Permanent School Fund holds 0.05% or 119,742 shares in its portfolio. Huntington Financial Bank reported 930 shares. Voya Management Ltd Liability invested in 0.03% or 502,813 shares. Td Asset Mngmt Inc owns 450,314 shares. Macquarie Grp Limited, Australia-based fund reported 9,000 shares. 91,647 were accumulated by Employees Retirement Association Of Colorado. Numerixs Invest Technology Inc holds 16,900 shares. Kentucky Retirement Systems reported 41,105 shares. Rodgers Brothers stated it has 0.07% in Newmont Mining Corporation (NYSE:NEM). Everence Cap Mngmt Incorporated holds 0.08% of its portfolio in Newmont Mining Corporation (NYSE:NEM) for 13,830 shares. Robeco Institutional Asset Mgmt Bv has invested 0.04% in Newmont Mining Corporation (NYSE:NEM). Ohio-based Strs Ohio has invested 0.27% in Newmont Mining Corporation (NYSE:NEM). Evergreen Management Lc has 0.22% invested in Newmont Mining Corporation (NYSE:NEM) for 81,881 shares.

Newmont Mining Corporation (NYSE:NEM) Institutional Positions Chart