Persistent Asset Partners Ltd Decreases Position in Bank of America Corporation $BAC

robot
Abstract generation in progress

Persistent Asset Partners Ltd significantly reduced its stake in Bank of America Corporation (NYSE:BAC) by 51.6% during the third quarter, selling 9,687 shares and now owning 9,091 shares valued at $469,000. Despite this reduction, several other institutional investors increased their holdings, while Bank of America announced a quarterly dividend of $0.28 per share and analysts adjusted price targets, leading to an average “Moderate Buy” rating for the stock. The article also highlights recent positive and negative news impacting BAC, including a new rewards program, potential regulatory easing, and concerns about private-credit commitments and Warren Buffett’s trimmed position.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)