Cortland Advisers Lowered Bank Of America (BAC) Holding; S&T Bank Lifted Mosaic Co New (MOS) Holding

December 21, 2017 - By Henry Gaston

S&T Bank increased Mosaic Co New (MOS) stake by 8.95% reported in 2017Q3 SEC filing. S&T Bank acquired 21,958 shares as Mosaic Co New (MOS)’s stock declined 29.59%. The S&T Bank holds 267,326 shares with $5.77M value, up from 245,368 last quarter. Mosaic Co New now has $8.86 billion valuation. The stock increased 3.10% or $0.76 during the last trading session, reaching $25.24. About 4.27M shares traded. The Mosaic Company (NYSE:MOS) has declined 7.87% since December 21, 2016 and is downtrending. It has underperformed by 24.57% the S&P500.

Cortland Advisers Llc decreased Bank Of America Corp (BAC) stake by 2.75% reported in 2017Q3 SEC filing. Cortland Advisers Llc sold 105,780 shares as Bank Of America Corp (BAC)’s stock declined 6.00%. The Cortland Advisers Llc holds 3.74M shares with $94.84M value, down from 3.85 million last quarter. Bank Of America Corp now has $311.04B valuation. The stock increased 1.15% or $0.34 during the last trading session, reaching $29.82. About 72.73M shares traded or 5.77% up from the average. Bank of America Corporation (NYSE:BAC) has risen 58.64% since December 21, 2016 and is uptrending. It has outperformed by 41.94% the S&P500.

S&T Bank decreased S & T Bancorp Inc (NASDAQ:STBA) stake by 70,444 shares to 1.21M valued at $48.06M in 2017Q3. It also reduced Triumph Group Inc (NYSE:TGI) stake by 14,998 shares and now owns 397,577 shares. Parexel International Corp (NASDAQ:PRXL) was reduced too.

Among 21 analysts covering The Mosaic Company (NYSE:MOS), 5 have Buy rating, 2 Sell and 14 Hold. Therefore 24% are positive. The Mosaic Company had 80 analyst reports since July 22, 2015 according to SRatingsIntel. As per Tuesday, April 19, the company rating was downgraded by Barclays Capital. On Wednesday, November 1 the stock rating was upgraded by Cleveland to “Buy”. As per Monday, December 21, the company rating was maintained by Cowen & Co. The firm earned “Hold” rating on Friday, July 14 by Piper Jaffray. Cowen & Co downgraded The Mosaic Company (NYSE:MOS) on Thursday, April 14 to “Underperform” rating. On Thursday, September 7 the stock rating was maintained by Stifel Nicolaus with “Hold”. The rating was maintained by RBC Capital Markets on Wednesday, October 21 with “Outperform”. On Wednesday, November 22 the stock rating was maintained by Cowen & Co with “Hold”. The stock of The Mosaic Company (NYSE:MOS) has “Underperformer” rating given on Monday, April 4 by IBC. The firm has “Sector Perform” rating given on Wednesday, July 13 by RBC Capital Markets.

Investors sentiment increased to 1.24 in 2017 Q3. Its up 0.34, from 0.9 in 2017Q2. It is positive, as 36 investors sold MOS shares while 129 reduced holdings. 47 funds opened positions while 157 raised stakes. 258.00 million shares or 0.68% less from 259.77 million shares in 2017Q2 were reported. Moreover, Regions Fincl has 0.01% invested in The Mosaic Company (NYSE:MOS). Hbk Invests Ltd Partnership reported 0.01% stake. Suntrust Banks invested in 0.01% or 110,188 shares. Clearbridge Ltd has 0% invested in The Mosaic Company (NYSE:MOS). Dupont Cap Mgmt Corporation owns 4,666 shares. Bartlett & Limited Liability Corporation stated it has 0% of its portfolio in The Mosaic Company (NYSE:MOS). Wealthfront has 31,331 shares. Farmers And Merchants Invests Inc owns 240 shares. Moreover, Cibc World Markets has 0% invested in The Mosaic Company (NYSE:MOS) for 43,837 shares. Artemis Investment Mngmt Llp stated it has 0.76% in The Mosaic Company (NYSE:MOS). Los Angeles Cap Mngmt Equity Inc has 22,567 shares for 0% of their portfolio. Shapiro Cap Mgmt Ltd invested in 3.09% or 6.29 million shares. Tompkins Fincl Corporation has invested 0% in The Mosaic Company (NYSE:MOS). Utd Capital Fincl Advisers Ltd Liability Co invested 0.05% of its portfolio in The Mosaic Company (NYSE:MOS). Oregon Employees Retirement Fund holds 0.04% of its portfolio in The Mosaic Company (NYSE:MOS) for 109,347 shares.

Investors sentiment decreased to 1.04 in 2017 Q3. Its down 0.08, from 1.12 in 2017Q2. It dropped, as 68 investors sold BAC shares while 569 reduced holdings. 117 funds opened positions while 547 raised stakes. 6.91 billion shares or 9.01% more from 6.34 billion shares in 2017Q2 were reported. Blb&B Advsrs Ltd stated it has 0.36% of its portfolio in Bank of America Corporation (NYSE:BAC). Mariner Wealth Advsrs Lc has invested 0.14% in Bank of America Corporation (NYSE:BAC). 69,843 were accumulated by Cullinan Assocs Inc. Piedmont Inv Advsr Ltd accumulated 1.4% or 2.59 million shares. Cna Fincl stated it has 137,525 shares. Tiemann Investment Advsrs Ltd Liability Company holds 0.5% or 23,255 shares in its portfolio. Cim Invest Mangement Inc holds 0.53% or 57,926 shares. Smith Chas P & Associates Pa Cpas has 0.04% invested in Bank of America Corporation (NYSE:BAC) for 12,207 shares. Ngam Advsr LP reported 1.31 million shares stake. The New York-based Amer Grp Incorporated has invested 0.28% in Bank of America Corporation (NYSE:BAC). Iberiabank has invested 0.25% in Bank of America Corporation (NYSE:BAC). 16,975 were reported by Financial Prns Mngmt Ltd Com. Wilbanks Smith And Thomas Asset Lc has invested 0.09% in Bank of America Corporation (NYSE:BAC). Ibm Retirement Fund reported 244,641 shares. St Johns Inv Mgmt Co Lc, a Florida-based fund reported 105,721 shares.

Among 31 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 10 Hold. Therefore 68% are positive. Bank of America had 98 analyst reports since July 21, 2015 according to SRatingsIntel. The company was maintained on Tuesday, July 18 by BMO Capital Markets. The stock of Bank of America Corporation (NYSE:BAC) has “Neutral” rating given on Tuesday, August 25 by Robert W. Baird. Citigroup maintained the stock with “Neutral” rating in Monday, October 9 report. Nomura upgraded Bank of America Corporation (NYSE:BAC) on Tuesday, September 8 to “Buy” rating. KBW upgraded Bank of America Corporation (NYSE:BAC) rating on Monday, August 24. KBW has “Outperform” rating and $20 target. Deutsche Bank downgraded the shares of BAC in report on Tuesday, November 8 to “Hold” rating. The firm earned “Buy” rating on Wednesday, December 20 by Wells Fargo. The firm has “Market Perform” rating given on Monday, May 16 by Keefe Bruyette & Woods. BMO Capital Markets maintained the shares of BAC in report on Friday, October 13 with “Hold” rating. The firm has “Hold” rating given on Friday, August 25 by Robert W. Baird.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on January, 17 before the open. They expect $0.46 earnings per share, up 15.00% or $0.06 from last year’s $0.4 per share. BAC’s profit will be $4.80 billion for 16.21 P/E if the $0.46 EPS becomes a reality. After $0.48 actual earnings per share reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts -4.17% negative EPS growth.