Bank Amer (Call) (BAC) Shareholder Artal Group Sa Lifted Holding by $35.00 Million as Stock Declined; Gabelli Funds Increased Texas Instruments (TXN) Position by $356,000

February 12, 2018 - By Stephen Andrade

Gabelli Funds Llc increased its stake in Texas Instruments Inc (TXN) by 0.59% based on its latest 2017Q3 regulatory filing with the SEC. Gabelli Funds Llc bought 4,000 shares as the company’s stock rose 5.05% with the market. The institutional investor held 678,500 shares of the semiconductors company at the end of 2017Q3, valued at $60.82M, up from 674,500 at the end of the previous reported quarter. Gabelli Funds Llc who had been investing in Texas Instruments Inc for a number of months, seems to be bullish on the $99.85 billion market cap company. The stock increased 1.06% or $1.07 during the last trading session, reaching $101.56. About 3.07M shares traded. Texas Instruments Incorporated (NASDAQ:TXN) has risen 40.31% since February 12, 2017 and is uptrending. It has outperformed by 23.61% the S&P500.

Artal Group Sa increased its stake in Bank Amer Corp (Call) (BAC) by 16.57% based on its latest 2017Q3 regulatory filing with the SEC. Artal Group Sa bought 1.40 million shares as the company’s stock declined 6.00% while stock markets rallied. The institutional investor held 9.85 million shares of the major banks company at the end of 2017Q3, valued at $249.60 million, up from 8.45 million at the end of the previous reported quarter. Artal Group Sa who had been investing in Bank Amer Corp (Call) for a number of months, seems to be bullish on the $321.79 billion market cap company. The stock increased 3.13% or $0.95 during the last trading session, reaching $31.28. About 49.37M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since February 12, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

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 106 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by BMO Capital Markets with “Hold” on Wednesday, August 23. Citigroup maintained the shares of BAC in report on Wednesday, January 11 with “Buy” rating. RBC Capital Markets maintained Bank of America Corporation (NYSE:BAC) on Friday, October 6 with “Buy” rating. Wood maintained the stock with “Outperform” rating in Friday, April 7 report. The stock has “Neutral” rating by Citigroup on Monday, October 9. Jefferies maintained the shares of BAC in report on Wednesday, October 7 with “Buy” rating. As per Monday, May 16, the company rating was downgraded by Wood. The firm has “Buy” rating by RBC Capital Markets given on Wednesday, April 5. The rating was downgraded by Guggenheim to “Neutral” on Tuesday, November 15. The firm earned “Buy” rating on Tuesday, October 3 by Keefe Bruyette & Woods.

Artal Group Sa, which manages about $5.81B US Long portfolio, decreased its stake in Five Prime Therapeutics Inc (NASDAQ:FPRX) by 100,000 shares to 50,000 shares, valued at $2.05M in 2017Q3, according to the filing. It also reduced its holding in Avexis Inc by 20,000 shares in the quarter, leaving it with 120,000 shares, and cut its stake in E L F Beauty Inc.

Investors sentiment decreased to 1.04 in Q3 2017. Its down 0.08, from 1.12 in 2017Q2. It turned negative, 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. Smithbridge Asset Mngmt De holds 0.38% or 21,067 shares in its portfolio. Cognios Limited Liability Com has 0.09% invested in Bank of America Corporation (NYSE:BAC) for 8,737 shares. Motco holds 2,400 shares. Cambridge Rech Advisors Inc has 813,934 shares. Private Wealth Ptnrs Lc holds 0.71% or 140,300 shares in its portfolio. Royal Comml Bank Of Canada stated it has 0.44% of its portfolio in Bank of America Corporation (NYSE:BAC). Stevens Cap Mngmt Lp holds 1.31% in Bank of America Corporation (NYSE:BAC) or 1.39 million shares. Middleton And Ma owns 103,094 shares. World Asset Mngmt reported 869,253 shares. Allsquare Wealth Mngmt Ltd Liability Corporation reported 0.42% in Bank of America Corporation (NYSE:BAC). Old Mutual (Uk) Limited has 92,469 shares for 0.02% of their portfolio. Trust Co Of Oklahoma has invested 0.18% in Bank of America Corporation (NYSE:BAC). Swedbank accumulated 5.63M shares. Blume Cap Management invested 0.04% in Bank of America Corporation (NYSE:BAC). 5,125 were accumulated by Bartlett Communication Limited Liability.

Since August 14, 2017, it had 0 insider purchases, and 29 sales for $203.04 million activity. $776,720 worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by PATSLEY PAMELA H on Thursday, January 25. $3.10 million worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by ANDERSKOUV NIELS. $15.74 million worth of Texas Instruments Incorporated (NASDAQ:TXN) shares were sold by ANDERSON STEPHEN A.. The insider CARP DANIEL A sold $2.13M. RITCHIE KEVIN J had sold 105,396 shares worth $8.63 million. $2.14 million worth of Texas Instruments Incorporated (NASDAQ:TXN) was sold by SANDERS WAYNE R on Thursday, October 26.

Gabelli Funds Llc, which manages about $25.90B and $17.46 billion US Long portfolio, decreased its stake in Coca Cola Co (NYSE:KO) by 20,000 shares to 847,600 shares, valued at $38.15 million in 2017Q3, according to the filing. It also reduced its holding in Telephone & Data Sys (NYSE:TDS) by 24,600 shares in the quarter, leaving it with 2.87 million shares, and cut its stake in Cable One Inc.

Investors sentiment increased to 1.12 in 2017 Q3. Its up 0.02, from 1.1 in 2017Q2. It is positive, as 55 investors sold TXN shares while 333 reduced holdings. 104 funds opened positions while 332 raised stakes. 802.74 million shares or 3.16% more from 778.17 million shares in 2017Q2 were reported. Korea Inv holds 0.24% or 570,430 shares in its portfolio. First Long Island Invsts Limited Com holds 2,574 shares or 0.03% of its portfolio. Virtus Inv Advisers Inc, a Connecticut-based fund reported 24,085 shares. Ing Groep Nv reported 140,849 shares stake. Blackrock holds 0.3% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 67.13M shares. First Republic Inv Mgmt has 0.07% invested in Texas Instruments Incorporated (NASDAQ:TXN). Hap Trading Ltd Co has invested 0.05% in Texas Instruments Incorporated (NASDAQ:TXN). 1832 Asset Limited Partnership has invested 0.34% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN). Generation Invest Ltd Liability Partnership holds 0.23% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN) for 272,799 shares. M&R Cap Mngmt stated it has 415 shares or 0.01% of all its holdings. 81,070 are owned by Tctc Llc. Moreover, Findlay Park Prtn Llp has 1.85% invested in Texas Instruments Incorporated (NASDAQ:TXN) for 2.09M shares. Argyle Cap Mgmt holds 0.19% in Texas Instruments Incorporated (NASDAQ:TXN) or 5,400 shares. Monroe Retail Bank & Tru Mi owns 101 shares. University Of Texas Invest Managment reported 31.22% of its portfolio in Texas Instruments Incorporated (NASDAQ:TXN).

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