Hosking Partners LLP Decreases Position in Bank of America Corporation $BAC

Hosking Partners LLP lessened its stake in shares of Bank of America Corporation (NYSE:BAC) by 1.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,194,574 shares of the financial services provider’s stock after selling 21,778 shares during the period. Bank of America makes up approximately 2.2% of Hosking Partners LLP’s holdings, making the stock its 12th largest holding. Hosking Partners LLP’s holdings in Bank of America were worth $61,628,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Albion Financial Group UT raised its position in Bank of America by 1.6% in the 3rd quarter. Albion Financial Group UT now owns 13,031 shares of the financial services provider’s stock worth $672,000 after purchasing an additional 205 shares during the period. Motive Wealth Advisors grew its stake in shares of Bank of America by 3.6% during the third quarter. Motive Wealth Advisors now owns 5,910 shares of the financial services provider’s stock valued at $305,000 after buying an additional 205 shares during the last quarter. Howard Financial Services LTD. grew its stake in shares of Bank of America by 2.5% during the third quarter. Howard Financial Services LTD. now owns 8,508 shares of the financial services provider’s stock valued at $439,000 after buying an additional 205 shares during the last quarter. Wynn Capital LLC raised its holdings in shares of Bank of America by 0.4% in the third quarter. Wynn Capital LLC now owns 47,063 shares of the financial services provider’s stock worth $2,428,000 after buying an additional 207 shares during the period. Finally, Accelerate Investment Advisors LLC lifted its stake in shares of Bank of America by 4.7% during the 3rd quarter. Accelerate Investment Advisors LLC now owns 4,637 shares of the financial services provider’s stock worth $239,000 after acquiring an additional 207 shares during the last quarter. 70.71% of the stock is currently owned by institutional investors.

Key Stories Impacting Bank of America

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

• Positive Sentiment: Multiple analyst upgrades and price-target raises reflect continued bullish analyst sentiment—HSBC upgraded BAC to “strong-buy.” HSBC upgrade
• Positive Sentiment: TD Cowen raised its price target to $66 and keeps a Buy rating, signaling ~18.6% upside from the current level. TD Cowen price target
• Positive Sentiment: JPMorgan and Goldman Sachs also lifted price targets (JPMorgan to $61; Goldman to $64) and kept favorable ratings—supporting medium-term upside. JPMorgan raise and Goldman Sachs raise
• Positive Sentiment: Wells Fargo increased its BAC price target to $65, another bullish signal from the sell-side. Wells Fargo price target
• Neutral Sentiment: Bank of America set its Q4 2025 earnings release and conference call for Jan. 14 — a near-term catalyst that could swing the stock. Earnings date
• Neutral Sentiment: BofA announced an accounting update for tax-equity investments; analysts and commentary note investors may reassess earnings presentation and valuation implications. Accounting update and Investor take
• Neutral Sentiment: Market commentary and options-flow pieces highlight active positioning in BAC options; this reflects higher trading interest but not a clear directional signal. Options trends
• Negative Sentiment: India’s market regulator (SEBI) has alleged that a BofA unit improperly shared confidential information ahead of a $180M block trade and may have misled investigators — the bank is reportedly seeking a settlement; this raises regulatory/legal risk. India regulator probe and SEBI alleges breach
• Negative Sentiment: Wolfe Research downgraded BAC, adding near-term sell-side skepticism that can amplify selling pressure when combined with regulatory headlines. Wolfe Research downgrade

Bank of America Price Performance

NYSE BAC opened at $55.64 on Thursday. The company has a market cap of $406.28 billion, a PE ratio of 15.16 and a beta of 1.29. The firm’s 50 day moving average price is $54.03 and its 200-day moving average price is $50.88. The company has a debt-to-equity ratio of 1.12, a quick ratio of 0.79 and a current ratio of 0.79. Bank of America Corporation has a 52-week low of $33.06 and a 52-week high of $57.55.

Bank of America (NYSE:BAC) last posted its earnings results on Wednesday, October 15th. The financial services provider reported $1.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.93 by $0.13. Bank of America had a return on equity of 10.76% and a net margin of 15.70%.The company had revenue of $5.35 billion during the quarter, compared to analyst estimates of $27.05 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. Bank of America’s revenue was up 10.8% on a year-over-year basis. Sell-side analysts forecast that Bank of America Corporation will post 3.7 EPS for the current fiscal year.

Bank of America Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 5th were issued a $0.28 dividend. The ex-dividend date was Friday, December 5th. This represents a $1.12 dividend on an annualized basis and a yield of 2.0%. Bank of America’s payout ratio is currently 30.52%.

Wall Street Analyst Weigh In

Several brokerages have commented on BAC. Cowen reaffirmed a “buy” rating on shares of Bank of America in a research report on Wednesday. Robert W. Baird lifted their price objective on shares of Bank of America from $52.00 to $56.00 and gave the company a “neutral” rating in a report on Thursday, October 30th. Hsbc Global Res upgraded shares of Bank of America from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. UBS Group lifted their price target on shares of Bank of America from $55.00 to $57.00 and gave the company a “buy” rating in a research note on Tuesday, October 7th. Finally, Ameriprise Financial upgraded Bank of America to a “buy” rating in a report on Wednesday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $59.82.

Bank of America 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.