MRP Capital Investments LLC Invests $828,000 in Bank of America Corporation $BAC

MRP Capital Investments LLC acquired a new stake in Bank of America Corporation (NYSE:BAC) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 17,500 shares of the financial services provider’s stock, valued at approximately $828,000.

Other large investors also recently bought and sold shares of the company. Quaker Wealth Management LLC grew its stake in Bank of America by 246.5% during the 2nd quarter. Quaker Wealth Management LLC now owns 523 shares of the financial services provider’s stock valued at $25,000 after purchasing an additional 880 shares during the last quarter. Steph & Co. boosted its position in Bank of America by 224.3% in the third quarter. Steph & Co. now owns 548 shares of the financial services provider’s stock valued at $28,000 after buying an additional 379 shares during the last quarter. Collier Financial purchased a new stake in Bank of America in the third quarter valued at approximately $30,000. Marquette Asset Management LLC purchased a new position in Bank of America during the 3rd quarter worth approximately $30,000. Finally, Mountain Hill Investment Partners Corp. acquired a new stake in Bank of America during the 3rd quarter valued at approximately $31,000. Hedge funds and other institutional investors own 70.71% of the company’s stock.

Bank of America Stock Up 1.2%

Bank of America stock opened at $53.39 on Thursday. The company has a debt-to-equity ratio of 1.15, a current ratio of 0.80 and a quick ratio of 0.80. The stock has a market capitalization of $389.84 billion, a PE ratio of 13.94, a price-to-earnings-growth ratio of 1.29 and a beta of 1.29. The business has a 50 day simple moving average of $54.37 and a 200-day simple moving average of $52.17. Bank of America Corporation has a 12 month low of $33.06 and a 12 month high of $57.55.

Bank of America (NYSE:BAC) last issued its quarterly earnings results on Wednesday, January 14th. The financial services provider reported $0.98 EPS for the quarter, topping the consensus estimate of $0.96 by $0.02. The company had revenue of $4.53 billion during the quarter, compared to analyst estimates of $27.73 billion. Bank of America had a net margin of 16.23% and a return on equity of 11.07%. The firm’s revenue was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.82 EPS. On average, analysts anticipate that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be paid a $0.28 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a $1.12 dividend on an annualized basis and a yield of 2.1%. Bank of America’s dividend payout ratio (DPR) is currently 29.24%.

Analyst Upgrades and Downgrades

BAC has been the topic of a number of research reports. Daiwa Securities Group cut their price objective on shares of Bank of America from $66.00 to $62.00 and set a “buy” rating on the stock in a research note on Tuesday, January 27th. Piper Sandler increased their price target on Bank of America from $56.00 to $57.00 and gave the stock a “neutral” rating in a research report on Thursday, January 15th. Wells Fargo & Company boosted their price objective on Bank of America from $62.00 to $65.00 and gave the company an “overweight” rating in a report on Monday, January 5th. Wolfe Research lowered Bank of America from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Finally, Dbs Bank upgraded Bank of America to a “moderate buy” rating in a research report on Wednesday, October 22nd. Twenty-two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $60.30.

Bank of America News Summary

Here are the key news stories impacting Bank of America this week:

• Positive Sentiment: BofA announced a new, no‑fee BofA Rewards program that expands eligibility to more than 30 million clients and launches May 27 — a move that can boost card spend, deposits and cross‑sell opportunities across consumer and Merrill relationships. New BofA Rewards Program to Reach Millions More Clients with Expanded Benefits
• Positive Sentiment: Bank of America Private Bank launched an art consulting service for wealthy clients — a niche, fee‑based offering that can deepen relationships, support higher‑margin lending (art as collateral) and grow AUM in the private bank/Merrill channels. Bank of America Launches Art Consulting Service
• Positive Sentiment: Analyst and retail coverage notes BofA’s dividend profile and valuation (coverage such as Zacks) — supporting the narrative that BAC is an income/value play for investors focused on yield and steady earnings. Bank of America (BAC) Could Be a Great Choice
• Neutral Sentiment: BofA research has been prominent in industry commentary on AI — its surveys say fund managers see an AI spending “bubble” and that AI will separate winners and losers among banks; this flags both upside from successful AI deployment and execution risk if BofA or peers misstep. AI Spending Bubble Fear Just Hit An All-Time High, BofA Survey Shows
• Neutral Sentiment: Options/quant pieces are highlighting mean‑reversion trades on BAC — these note the stock’s technical setup more than fundamentals, which can amplify intraday moves but don’t change the long‑term thesis. Bank of America Stock (BAC) Offers Mean-Reversion Options Trade
• Neutral Sentiment: Reports on executive pay rising after earnings growth (CEO compensation coverage) are drawing governance attention but are unlikely to materially change earnings outlook. Bank of America CEO Brian Moynihan sees compensation rise following earnings growth
• Negative Sentiment: Berkshire Hathaway (Warren Buffett) trimmed its Bank of America stake, and coverage reported a sizable reduction of BofA holdings — big shareholder selling can weigh on sentiment and add supply pressure to the stock. Berkshire Pares Stakes in Apple and BofA, Adds New York Times Position Warren Buffett Sold 29% of Bank of America and Bought This Consumer Stock for 4 Consecutive Quarters
• Negative Sentiment: Coverage that BofA dramatically increased a stake in a struggling crypto company (reported as a 1,668% increase) raises questions about risk exposure and could spook some investors focused on conservative capital deployment. Bank of America hikes stake in sinking crypto stock by 1,668%

Bank of America Company Profile

Bank of America Corporation is a multinational financial services company headquartered in Charlotte, North Carolina. It provides a broad array of banking, investment, asset management and related financial and risk management products and services to individual consumers, small- and middle-market businesses, large corporations, governments and institutional investors. The firm operates through consumer banking, global wealth and investment management, global banking and markets businesses, offering capabilities across lending, deposits, payments, advisory and capital markets.

Its consumer-facing offerings include checking and savings accounts, mortgages, home equity lending, auto loans, credit cards and small business banking, supported by a nationwide branch network and digital channels.