Beacon Financial Group Trimmed Its Diageo Plc (DEO) Position; Prudential Financial Has Raised Bank Amer (BAC) Stake By $35.43 Million

Prudential Financial Inc increased Bank Amer Corp (BAC) stake by 5.13% reported in 2017Q3 SEC filing. Prudential Financial Inc acquired 1.42M shares as Bank Amer Corp (BAC)’s stock declined 6.00%. The Prudential Financial Inc holds 29.03M shares with $735.55M value, up from 27.61 million last quarter. Bank Amer Corp now has $325.33 billion valuation. The stock increased 1.73% or $0.53 during the last trading session, reaching $31.19. About 66.37M shares traded. Bank of America Corporation (NYSE:BAC) has risen 58.64% since January 16, 2017 and is uptrending. It has outperformed by 41.94% the S&P500.

Beacon Financial Group decreased Diageo Plc (DEO) stake by 38.58% reported in 2017Q3 SEC filing. Beacon Financial Group sold 7,787 shares as Diageo Plc (DEO)’s stock rose 5.26%. The Beacon Financial Group holds 12,399 shares with $1.64 million value, down from 20,186 last quarter. Diageo Plc now has $86.62 billion valuation. The stock increased 0.51% or $0.73 during the last trading session, reaching $144.72. About 414,243 shares traded or 8.78% up from the average. Diageo plc (NYSE:DEO) has risen 12.82% since January 16, 2017 and is uptrending. It has underperformed by 3.88% the S&P500.

Among 25 analysts covering Diageo (NYSE:DEO), 16 have Buy rating, 3 Sell and 6 Hold. Therefore 64% are positive. Diageo has $157.0 highest and $108.63 lowest target. $139.21’s average target is -3.81% below currents $144.72 stock price. Diageo had 41 analyst reports since July 31, 2015 according to SRatingsIntel. The stock has “Neutral” rating by Citigroup on Thursday, May 25. Investec upgraded the shares of DEO in report on Thursday, August 6 to “Buy” rating. The rating was downgraded by Berenberg on Wednesday, September 13 to “Hold”. Credit Suisse maintained the shares of DEO in report on Friday, July 31 with “Neutral” rating. The rating was maintained by Jefferies with “Buy” on Thursday, January 11. Liberum Capital downgraded the shares of DEO in report on Monday, January 30 to “Sell” rating. The stock of Diageo plc (NYSE:DEO) earned “Overweight” rating by JP Morgan on Friday, November 20. Nomura maintained Diageo plc (NYSE:DEO) on Friday, July 31 with “Buy” rating. Natixis maintained the shares of DEO in report on Thursday, September 24 with “Buy” rating. The stock of Diageo plc (NYSE:DEO) earned “Buy” rating by Sterne Agee CRT on Tuesday, July 21.

Beacon Financial Group increased Hanesbrand Inc (NYSE:HBI) stake by 326,896 shares to 424,272 valued at $10.45 million in 2017Q3. It also upped Altria Group Inc (NYSE:MO) stake by 6,125 shares and now owns 95,666 shares. First Trust Iv Tactical High Yield (HYLS) was raised too.

Among 32 analysts covering Bank of America (NYSE:BAC), 21 have Buy rating, 0 Sell and 11 Hold. Therefore 66% are positive. Bank of America has $36.0 highest and $15 lowest target. $25.62’s average target is -17.86% below currents $31.19 stock price. Bank of America had 103 analyst reports since July 21, 2015 according to SRatingsIntel. Vetr downgraded the stock to “Buy” rating in Tuesday, August 11 report. Keefe Bruyette & Woods maintained the shares of BAC in report on Tuesday, December 12 with “Buy” rating. The stock of Bank of America Corporation (NYSE:BAC) has “Buy” rating given on Tuesday, September 1 by Robert W. Baird. The stock of Bank of America Corporation (NYSE:BAC) has “Outperform” rating given on Tuesday, November 29 by Keefe Bruyette & Woods. The firm has “Overweight” rating given on Wednesday, December 21 by Atlantic Securities. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Wells Fargo on Wednesday, December 20. The stock of Bank of America Corporation (NYSE:BAC) earned “Neutral” rating by Citigroup on Tuesday, April 4. Robert W. Baird maintained the stock with “Hold” rating in Friday, August 25 report. The company was downgraded on Tuesday, September 13 by Societe Generale. The stock has “Neutral” rating by UBS on Wednesday, January 11.

Since August 10, 2017, it had 0 insider buys, and 1 insider sale for $2.10 million activity. 86,763 shares were sold by BRAMBLE FRANK P, worth $2.10M.