Alecta Tjanstepension Omsesidigt Sells 396,900 Shares of Bank of America Corporation $BAC

robot
Abstract generation in progress

Alecta Tjanstepension Omsesidigt reduced its stake in Bank of America (BAC) by 6.4% in the fourth quarter, selling 396,900 shares and retaining 5,810,300 shares valued at approximately $319.5 million. Bank of America constitutes 1.4% of Alecta’s portfolio, making it their 20th largest position. Analyst sentiment for BAC is a “Moderate Buy” with an average price target of $61.02, while the company recently reported an EPS beat and declared a quarterly dividend.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin