Jupiter Asset Management LTD Raised Its Xylem (XYL) Position; Tiger Management Cut By $22.45 Million Its Bank Amer (Call) (BAC) Holding

June 14, 2018 - By Hazel Jackson

Xylem Inc. (NYSE:XYL) Logo

Jupiter Asset Management Ltd increased Xylem Inc (XYL) stake by 3.22% reported in 2018Q1 SEC filing. Jupiter Asset Management Ltd acquired 11,277 shares as Xylem Inc (XYL)’s stock declined 6.37%. The Jupiter Asset Management Ltd holds 361,472 shares with $27.80M value, up from 350,195 last quarter. Xylem Inc now has $12.90 billion valuation. The stock increased 0.04% or $0.03 during the last trading session, reaching $71.69. About 501,215 shares traded. Xylem Inc. (NYSE:XYL) has risen 36.97% since June 14, 2017 and is uptrending. It has outperformed by 24.40% the S&P500. Some Historical XYL News: ; 01/05/2018 – Xylem 1Q Adj EPS 51c; 01/05/2018 – Xylem Sees FY Rev $5.1B-$5.2B; 01/05/2018 – Xylem 1Q EPS 43c; 25/04/2018 – Xylem Brings Together Leading Water Industry Experts to Discuss Modernizing Water Infrastructure at May 17th Summit; 03/04/2018 – NY Warn Notices: 4 / 3 / 2018 – Xylem Inc. (Global Financial Shared Services Department) – Finger Lakes Region; 23/05/2018 – S&P REVISES XYLEM OUTLOOK TO ‘STABLE’ FROM ‘NEGATIVE’; RATING ‘BBB’; 22/04/2018 – DJ Xylem Inc, Inst Holders, 1Q 2018 (XYL); 23/05/2018 – S&PGR Revises Xylem Otlk To Stbl Frm Neg; ‘BBB’ Rtg Affmd; 06/03/2018 NY Warn Notices: 3 / 6 / 2018 – Xylem Inc. (Global Financial Shared Services Department) – Finger Lakes Region; 01/05/2018 – XYLEM 1Q REV. $1.2B, EST. $1.19B

Tiger Management Llc decreased Bank Amer Corp (Call) (BAC) stake by 88.56% reported in 2018Q1 SEC filing. Tiger Management Llc sold 774,300 shares as Bank Amer Corp (Call) (BAC)’s stock declined 6.97%. The Tiger Management Llc holds 100,000 shares with $3.00 million value, down from 874,300 last quarter. Bank Amer Corp (Call) now has $299.06B valuation. The stock decreased 1.16% or $0.345 during the last trading session, reaching $29.495. About 59.55M shares traded. Bank of America Corporation (NYSE:BAC) has risen 29.72% since June 14, 2017 and is uptrending. It has outperformed by 17.15% the S&P500. Some Historical BAC News: ; 27/04/2018 – BAML Global Interest Rate Forecasts as of April 27 (Table); 16/04/2018 – Bank of America Reports Higher Earnings; 17/04/2018 – Tech giants remain most crowded trade for third month running – BAML survey; 16/04/2018 – BANK OF AMERICA BAC.N CHIEF FINANCIAL OFFICER PAUL DONOFRIO SAYS 26 PERCENT OF BANK SALES COME FROM MOBILE DEVICES; 04/05/2018 – Fitch Upgrades Bank of America’s U.S. RMBS Servicer Ratings; 02/04/2018 – Bank of America Merrill Lynch tells its clients that mutual funds have significantly larger stakes in Amazon and Netflix compared to the market indexes; 01/05/2018 – Bank Of America: Two-Thirds of Boston Entrepreneurs Foresee Long-Term Growth – Highest Since 2015 – Tuesday, May 1, 2018 9:00; 09/04/2018 – U.S. IPOs Decrease 23% in 2018, BofA Leads; 26/04/2018 – BAFIN SAYS BANK OF AMERICA FAILED TO PUBLISH NOTIFICATIONS ON VOTING RIGHTS, INSTRUMENTS IN PRESCRIBED TIMEFRAME; 16/03/2018 – MOVES-Bank of America’s EMEA head to leave -memo

Investors sentiment decreased to 0.95 in Q1 2018. Its down 0.24, from 1.19 in 2017Q4. It dived, as 73 investors sold BAC shares while 633 reduced holdings. 134 funds opened positions while 535 raised stakes. 6.66 billion shares or 2.67% less from 6.85 billion shares in 2017Q4 were reported. Metropolitan Life Ins has invested 0% in Bank of America Corporation (NYSE:BAC). State Of Alaska Department Of Revenue stated it has 0.63% of its portfolio in Bank of America Corporation (NYSE:BAC). Ancora Advsr Limited Co has 343,852 shares for 0.46% of their portfolio. Connecticut-based Wexford Lp has invested 0.68% in Bank of America Corporation (NYSE:BAC). Linden Advisors LP has invested 1.1% of its portfolio in Bank of America Corporation (NYSE:BAC). Temasek Holding (Private) Limited invested in 234,724 shares or 0.04% of the stock. Louisiana State Employees Retirement System holds 584,200 shares. M&R Management owns 47,972 shares. Moreover, Brandywine Trust has 0.35% invested in Bank of America Corporation (NYSE:BAC) for 13,326 shares. Accredited Invsts invested 0.1% of its portfolio in Bank of America Corporation (NYSE:BAC). Hanseatic holds 0.59% of its portfolio in Bank of America Corporation (NYSE:BAC) for 20,638 shares. Hills Commercial Bank & Tru owns 7,019 shares. British Columbia reported 4.51 million shares. Mackenzie Financial Corporation accumulated 1.16% or 15.13 million shares. Ingalls & Snyder Lc holds 0.32% or 220,307 shares.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Investorplace.com which released: “5 Top Stock Trades for Thursday Morning” on June 13, 2018, also Seekingalpha.com with their article: “Bank of America’s virtual financial assistant gets over 1M users” published on June 12, 2018, Seekingalpha.com published: “Bank of America Corporation (BAC) Presents at Morgan Stanley Financials Conference (Transcript)” on June 12, 2018. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Seekingalpha.com and their article: “Citi warns on bank job automation” published on June 12, 2018 as well as Fool.com‘s news article titled: “How Wells Fargo Is Following in Bank of America’s Footsteps” with publication date: June 11, 2018.

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 114 analyst reports since July 21, 2015 according to SRatingsIntel. RBC Capital Markets maintained the stock with “Buy” rating in Tuesday, July 18 report. The rating was downgraded by Robert W. Baird on Wednesday, November 16 to “Neutral”. Barclays Capital maintained Bank of America Corporation (NYSE:BAC) on Tuesday, January 3 with “Equal Weight” rating. The firm earned “Outperform” rating on Saturday, September 5 by Oppenheimer. As per Monday, October 16, the company rating was maintained by UBS. The firm has “Overweight” rating given on Friday, February 2 by Morgan Stanley. Wells Fargo maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, December 20. Wells Fargo has “Buy” rating and $35.0 target. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Friday, October 13 by RBC Capital Markets. The firm has “Outperform” rating given on Friday, March 16 by Credit Suisse. The firm has “Market Perform” rating given on Monday, October 16 by BMO Capital Markets.

Tiger Management Llc increased Facebook Inc (NASDAQ:FB) stake by 26,700 shares to 197,210 valued at $31.51M in 2018Q1. It also upped Anheuser Busch Inbev Sa/Nv (NYSE:BUD) stake by 5,000 shares and now owns 20,000 shares. Norwegian Cruise Line Hldgs (NASDAQ:NCLH) was raised too.

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on July, 17. They expect $0.63 EPS, up 36.96% or $0.17 from last year’s $0.46 per share. BAC’s profit will be $6.39B for 11.70 P/E if the $0.63 EPS becomes a reality. After $0.62 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 1.61% EPS growth.

Another recent and important Xylem Inc. (NYSE:XYL) news was published by Seekingalpha.com which published an article titled: “Boston Scientific Is A Good Earnings Story – Cramer’s Lightning Round (6/13/18)” on June 14, 2018.

Investors sentiment decreased to 0.93 in Q1 2018. Its down 0.15, from 1.08 in 2017Q4. It dived, as 37 investors sold XYL shares while 190 reduced holdings. 62 funds opened positions while 150 raised stakes. 143.75 million shares or 1.84% less from 146.45 million shares in 2017Q4 were reported. Moreover, Webster Bank & Trust N A has 0% invested in Xylem Inc. (NYSE:XYL) for 187 shares. Amundi Pioneer Asset Incorporated holds 0.09% or 727,620 shares in its portfolio. Winslow Evans Crocker owns 5,282 shares. Ent Service Corp holds 484 shares. Commerce Bancorp holds 9,809 shares. Welch & Forbes Lc reported 9,692 shares. San Francisco Sentry Group Inc (Ca) stated it has 0.02% of its portfolio in Xylem Inc. (NYSE:XYL). Stevens Cap Mngmt Limited Partnership holds 6,723 shares. Mufg Americas Hldg Corporation, a New York-based fund reported 352 shares. Howland Cap Mngmt Ltd Liability Com holds 4,187 shares or 0.03% of its portfolio. Bnp Paribas Arbitrage Sa has 0% invested in Xylem Inc. (NYSE:XYL) for 232,595 shares. First Citizens Natl Bank And Trust Company accumulated 25,293 shares. Parsons Management Ri reported 0.19% stake. Laurion Cap Mgmt LP reported 0% stake. Utd Services Automobile Association owns 57,267 shares.

Jupiter Asset Management Ltd decreased Bank Amer Corp (NYSE:BAC) stake by 231,356 shares to 2.07M valued at $61.96M in 2018Q1. It also reduced At&T Inc (NYSE:T) stake by 21,720 shares and now owns 117,422 shares. Micron Technology Inc (Prn) was reduced too.

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

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