APG Asset Management N.V. Has $327.20 Million Stake in Bank of America Corporation $BAC

APG Asset Management N.V. reduced its holdings in Bank of America Corporation (NYSE:BAC) by 3.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,342,298 shares of the financial services provider’s stock after selling 227,132 shares during the period. Bank of America makes up about 0.6% of APG Asset Management N.V.’s investment portfolio, making the stock its 24th biggest position. APG Asset Management N.V. owned approximately 0.09% of Bank of America worth $327,199,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Shepherd Financial Partners LLC lifted its stake in shares of Bank of America by 0.3% in the 3rd quarter. Shepherd Financial Partners LLC now owns 60,279 shares of the financial services provider’s stock valued at $3,110,000 after purchasing an additional 189 shares during the period. William B. Walkup & Associates Inc. increased its holdings in Bank of America by 1.4% in the third quarter. William B. Walkup & Associates Inc. now owns 14,020 shares of the financial services provider’s stock valued at $723,000 after purchasing an additional 192 shares during the last quarter. Albion Financial Group UT increased its holdings in Bank of America by 1.6% in the third quarter. Albion Financial Group UT now owns 13,031 shares of the financial services provider’s stock valued at $672,000 after purchasing an additional 205 shares during the last quarter. Motive Wealth Advisors lifted its stake in Bank of America by 3.6% in 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 period. Finally, Howard Financial Services LTD. boosted its holdings in 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 worth $439,000 after buying an additional 205 shares during the last quarter. 70.71% of the stock is owned by institutional investors.

More Bank of America News

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

• Positive Sentiment: BofA remains well-covered by analysts and hedge funds: multiple recent Buy/Outperform ratings and a median price target (~$62) provide upside support for BAC versus current levels, helping temper the sell-off. Bank of America slides as financials wobble amid private-credit anxiety and renewed tariff uncertainty
• Positive Sentiment: Corporate lending / fee activity: TE Connectivity secured a $3.0B five-year revolver that names Bank of America as a participating bank — a sign of ongoing commercial lending and fee opportunities for BAC. Does New US$3 Billion Credit Line And Strong Orders Change The Bull Case For TE Connectivity (TEL)?
• Positive Sentiment: Reputation/ESG flow: Bank of America announced nearly $40M invested in U.S. workforce skills in 2025 — positive for brand, regulatory goodwill and community relations. BofA Invests Nearly $40 Million into American Workforce Skills in 2025
• Neutral Sentiment: Valuation/market context pieces note mixed short-term performance but attractive multi-year returns — useful framing for longer-term investors but not an immediate catalyst. Is Bank of America (BAC) Pricing Reflect Its Excess Returns And P/E Valuation Signals
• Neutral Sentiment: Regulatory/reporting update: Bank of America filed its latest Form 10-K — routine disclosure that keeps governance and compliance current but doesn’t materially move sentiment by itself. Bank of America Files Latest Form 10-K with U.K. National Storage Mechanism
• Negative Sentiment: Macro/sector stress is the main near-term headwind: investor concern about private-credit/leveraged-loan stress, renewed tariff uncertainty and mechanical selling in financial ETFs are cited as drivers of today’s decline; large institutional position changes (some big portfolio trims) amplify downward pressure on BAC. Bank of America slides as financials wobble amid private-credit anxiety and renewed tariff uncertainty

Bank of America Stock Performance

Shares of Bank of America stock opened at $49.68 on Friday. 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 firm has a market cap of $356.55 billion, a price-to-earnings ratio of 12.97, a price-to-earnings-growth ratio of 1.21 and a beta of 1.29. The stock’s 50-day moving average is $53.91 and its 200-day moving average is $52.44. Bank of America Corporation has a one year low of $33.06 and a one year high of $57.55.

Bank of America (NYSE:BAC) last announced its earnings results on Wednesday, January 14th. The financial services provider reported $0.98 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.96 by $0.02. Bank of America had a return on equity of 11.07% and a net margin of 16.23%.The business had revenue of $4.53 billion for the quarter, compared to analyst estimates of $27.73 billion. During the same quarter last year, the firm earned $0.82 EPS. Bank of America’s revenue for the quarter was up 12.3% compared to the same quarter last year. Equities analysts predict that Bank of America Corporation will post 3.7 earnings per share for the current fiscal year.

Bank of America Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 6th will be issued a dividend of $0.28 per share. The ex-dividend date is Friday, March 6th. This represents a $1.12 annualized dividend and a yield of 2.3%. Bank of America’s dividend payout ratio is presently 29.24%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on BAC shares. Morgan Stanley lowered their price target on Bank of America from $68.00 to $64.00 and set an “overweight” rating for the company in a research note on Thursday, January 15th. Wolfe Research lowered shares of Bank of America from an “outperform” rating to a “peer perform” rating in a report on Wednesday, January 7th. Truist Financial decreased their price target on shares of Bank of America from $62.00 to $60.00 and set a “buy” rating for the company in a report on Thursday, January 15th. Daiwa Securities Group lowered their price objective on shares of Bank of America from $66.00 to $62.00 and set a “buy” rating for the company in a research report on Tuesday, January 27th. Finally, Wall Street Zen upgraded Bank of America from a “sell” rating to a “hold” rating in a report on Saturday, February 14th. Twenty-two investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Bank of America presently has a consensus rating of “Moderate Buy” and an average target price of $60.30.

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.