Oxford Instruments PLC (LON:OXIG) Gets Peel Hunt Higher Rating; Odey Asset Management Group LTD Cut Bank Amer (BAC) Position By $28.89 Million

April 10, 2018 - By Danny Collins

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Oxford Instruments PLC (LON:OXIG) was upgraded by investment analysts at Peel Hunt to Buy rating in analysts report sent to investors and clients on 10 April.

Odey Asset Management Group Ltd decreased Bank Amer Corp (BAC) stake by 65.1% reported in 2017Q4 SEC filing. Odey Asset Management Group Ltd sold 996,236 shares as Bank Amer Corp (BAC)’s stock declined 1.20%. The Odey Asset Management Group Ltd holds 534,064 shares with $15.77 million value, down from 1.53 million last quarter. Bank Amer Corp now has $305.39B valuation. The stock increased 0.81% or $0.24 during the last trading session, reaching $29.87. About 65.92 million shares traded. Bank of America Corporation (NYSE:BAC) has risen 28.18% since April 10, 2017 and is uptrending. It has outperformed by 16.63% the S&P500.

Among 13 analysts covering Oxford Instruments PLC (LON:OXIG), 7 have Buy rating, 0 Sell and 6 Hold. Therefore 54% are positive. Oxford Instruments PLC has GBX 1375 highest and GBX 535 lowest target. GBX 951.64’s average target is 20.31% above currents GBX 791 stock price. Oxford Instruments PLC had 113 analyst reports since August 21, 2015 according to SRatingsIntel. As per Wednesday, January 4, the company rating was maintained by JP Morgan. Numis Securities downgraded it to “Hold” rating and GBX 815 target in Wednesday, September 14 report. The firm has “Underperform” rating given on Tuesday, September 22 by Jefferies. On Wednesday, April 13 the stock rating was maintained by JP Morgan with “Overweight”. Jefferies maintained Oxford Instruments plc (LON:OXIG) on Wednesday, September 14 with “Overweight” rating. The firm has “Sell” rating by Berenberg given on Friday, August 21. Berenberg maintained Oxford Instruments plc (LON:OXIG) on Thursday, November 30 with “Hold” rating. The firm has “Hold” rating by Investec given on Monday, June 13. Liberum Capital maintained it with “Hold” rating and GBX 690 target in Friday, October 16 report. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, June 21.

The stock decreased 0.88% or GBX 7 during the last trading session, reaching GBX 791. About 13,394 shares traded. Oxford Instruments plc (LON:OXIG) has 0.00% since April 10, 2017 and is . It has underperformed by 11.55% the S&P500.

Oxford Instruments plc, through its subsidiaries, researches, develops, makes, rents, sells, and services tools and systems in the United States, rest of Europe, rest of Asia, the United Kingdom, Japan, China, Germany, and internationally. The company has market cap of 452.39 million GBP. The companyÂ’s Nanotechnology Tools segment provides high performance scientific imaging cameras, spectroscopy solutions, and microscopy systems for research and OEM markets; atomic force probe microscopy for materials and bioscience applications; 3D and 4D image visualization and analysis software; and nanoanalysis solutions for materials characterization and nanofabrication on scanning electron microscopes, focussed ion beams, and transmission electron microscopes. It has a 12.56 P/E ratio. This segment also offers research tools for physical sciences; and process solutions for the etching of nanometre sized features, as well as provides nanolayer deposition and nanostructure controlled growth services.

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 109 analyst reports since July 21, 2015 according to SRatingsIntel. On Wednesday, April 5 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Hold” rating given on Tuesday, November 8 by Deutsche Bank. Nomura maintained the stock with “Buy” rating in Tuesday, July 18 report. The firm has “Hold” rating given on Tuesday, September 13 by Societe Generale. BMO Capital Markets maintained Bank of America Corporation (NYSE:BAC) rating on Wednesday, January 17. BMO Capital Markets has “Hold” rating and $34.0 target. The firm earned “Buy” rating on Monday, August 24 by Vetr. The stock of Bank of America Corporation (NYSE:BAC) earned “Buy” rating by Jefferies on Tuesday, July 21. The rating was maintained by Oppenheimer on Monday, March 26 with “Buy”. The stock of Bank of America Corporation (NYSE:BAC) earned “Hold” rating by BMO Capital Markets on Wednesday, May 31. The rating was maintained by Barclays Capital on Tuesday, January 3 with “Equal Weight”.

Investors sentiment increased to 1.19 in Q4 2017. Its up 0.15, from 1.04 in 2017Q3. It is positive, as 66 investors sold BAC shares while 561 reduced holdings. 162 funds opened positions while 585 raised stakes. 6.85 billion shares or 0.98% less from 6.91 billion shares in 2017Q3 were reported. Seaward Management Ltd Partnership holds 2.52% or 1.83M shares. Eulav Asset Mgmt holds 0.79% of its portfolio in Bank of America Corporation (NYSE:BAC) for 570,000 shares. Capital Wealth Planning Limited Co accumulated 16,000 shares. Bouchey Financial Group Ltd has 47,343 shares. Jbf Capital stated it has 150,000 shares or 0.56% of all its holdings. Ally Financial holds 0.6% of its portfolio in Bank of America Corporation (NYSE:BAC) for 105,000 shares. Diversified Invest Strategies Limited Liability Company holds 0.4% of its portfolio in Bank of America Corporation (NYSE:BAC) for 14,828 shares. Seabridge Investment Advsr Ltd Liability Company reported 1.37% stake. Citadel Advisors Limited Liability Corp has invested 0.58% in Bank of America Corporation (NYSE:BAC). Bainco Investors holds 1.01% or 262,864 shares. 33,475 were reported by Moneta Group Lc. Hennessy stated it has 0.06% of its portfolio in Bank of America Corporation (NYSE:BAC). Triangle Wealth Mgmt owns 29,177 shares for 0.49% of their portfolio. Investec Asset Mngmt stated it has 2.29% of its portfolio in Bank of America Corporation (NYSE:BAC). Wisconsin-based Sii Investments Wi has invested 0.08% in Bank of America Corporation (NYSE:BAC).

Analysts await Bank of America Corporation (NYSE:BAC) to report earnings on April, 17. They expect $0.59 EPS, up 43.90% or $0.18 from last year’s $0.41 per share. BAC’s profit will be $6.03 billion for 12.66 P/E if the $0.59 EPS becomes a reality. After $0.47 actual EPS reported by Bank of America Corporation for the previous quarter, Wall Street now forecasts 25.53% EPS growth.

Bank of America Corporation (NYSE:BAC) Institutional Positions Chart