Company | Date | Price Target | Rating | Analyst |
---|---|---|---|---|
9/16/2024 | Buy → Neutral | BTIG Research | ||
9/16/2024 | Buy → Neutral | BTIG Research | ||
9/12/2024 | $138.00 | Overweight | Wells Fargo | |
9/12/2024 | $235.00 | Equal Weight | Wells Fargo | |
9/12/2024 | $16.00 | Underweight | Wells Fargo | |
9/3/2024 | $45.00 | Hold → Buy | Deutsche Bank | |
8/27/2024 | $18.00 | Equal Weight | Barclays | |
8/13/2024 | $510.00 | Overweight | Wells Fargo |
JP Morgan analyst Michael Cho maintains Raymond James Finl (NYSE:RJF) with a Overweight and lowers the price target from $137 to $135.
The Nasdaq 100 closed lower by more than 700 points during Wednesday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) President and CEO Jen Hsun Huang sold a
Bank of America Corporation (NYSE:BAC) shares are trading higher today after the company authorized share buybacks. The Board authorized a $25 billion stock repurchase program starting August 1, 2024, replacing the existing program set to expire on that date. As of June 30, 2024, the current program had $6.7 billion in repurchases left. As announced earlier, the bank had raised the quarterly cash dividend to $0.26 per share, up $0.02 from the previous quarter. The dividend will be paid on September 27 to shareholders of record as of September 6. Related: US Banks Bump Up Dividends Following Fed’s Successful Stress Test The company’s Board also declared a regular quarterly cash
ASHEVILLE, N.C., Sept. 19, 2024 /PRNewswire/ -- Today, Bank of America is announcing that David Dowd has been named president of Bank of America Asheville. As president, David will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration across the bank's eight lines of business. He will oversee the bank's efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen client relationships. He will also lead the effort to deploy the bank's resources to help advance economic mobility and build strong communities.
CHARLOTTE, N.C., Sept. 18, 2024 /PRNewswire/ -- Bank of America Corporation today announced the Board of Directors has authorized regular cash dividends on the outstanding shares or depositary shares of the following series of preferred stock: Series of Preferred Stock Dividend per Shareor Depositary Share1 Record Date Payment Date 7.25% Non-Cumulative Perpetual Convertible Preferred Stock, Series L $18.125 October 1 October 30 Fixed-to-Floating Rate Non-Cumulative Preferred Stock, Series Z $32.500 October 1 October 23 5.875% Non-Cumulative Preferred Stock, Series HH $0.367187
CHARLOTTE, N.C., Sept. 18, 2024 /PRNewswire/ -- Ally Financial Inc. (NYSE:ALLY) has scheduled the release of its third quarter financial results for Friday, October 18, 2024, at approximately 7:30 a.m. ET. The results will be available on the Ally Press Room website (http://media.ally.com). Ally will host a conference call at 9 a.m. ET to review the company's performance. You may listen to the call via webcast or dial-in. The webcast will be live on Ally's Investor Relations website in the Events & Presentations section (http://www.ally.com/about/investor/events-presentations/
SC 13D/A - BANK OF AMERICA CORP /DE/ (0000070858) (Filed by)
SC 13G/A - Invesco Ltd. (0000914208) (Filed by)
SC 13G/A - Invesco Ltd. (0000914208) (Filed by)
4 - RAYMOND JAMES FINANCIAL INC (0000720005) (Issuer)
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - Invesco Ltd. (0000914208) (Reporting)
8-K - Synchrony Financial (0001601712) (Filer)
FWP - BANK OF AMERICA CORP /DE/ (0000070858) (Subject)
8-K - Discover Financial Services (0001393612) (Filer)
SAN DIEGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC ("LPL Financial"), a wholly owned subsidiary of LPL Financial Holdings Inc. (NASDAQ:LPLA) (the "Company"), today released its monthly activity report for August 2024. Total advisory and brokerage assets at the end of August were $1.56 trillion, an increase of $30.8 billion, or 2.0%, compared to the end of July 2024. Total net new assets for August were $6.8 billion, which included $0.3 billion of acquired net new assets resulting from Liquidity & Succession activity. Total organic net new assets for August were $6.6 billion, translating to a 5.2% annualized growth rate. This included $3.8 billion of assets that
ASHEVILLE, N.C., Sept. 19, 2024 /PRNewswire/ -- Today, Bank of America is announcing that David Dowd has been named president of Bank of America Asheville. As president, David will be head of the market and responsible for connecting clients, teammates and communities to the full power of the franchise, driving integration across the bank's eight lines of business. He will oversee the bank's efforts to grow market share by fostering local connections and identifying opportunities to grow and deepen client relationships. He will also lead the effort to deploy the bank's resources to help advance economic mobility and build strong communities.
SAN DIEGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that the advisors with Bury Financial Group have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported having served approximately $655 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic. President and Managing Partner Todd Bury founded the Youngstown, Ohio-based practice in 1992 while he was a sophomore in college. He earned his financial planning license by age 20 and steadily grew his client base, operating as a one-man shop for more than a decade. In 2006, Bury partnered with Vice President/ Managing Partner Brian Laraway, who shared his values an
4 - BANK OF AMERICA CORP /DE/ (0000070858) (Issuer)
4 - PIPER SANDLER COMPANIES (0001230245) (Issuer)
4 - PIPER SANDLER COMPANIES (0001230245) (Issuer)
BTIG Research downgraded Synchrony Financial from Buy to Neutral
BTIG Research downgraded Ally Financial from Buy to Neutral
Wells Fargo initiated coverage of Raymond James with a rating of Overweight and set a new price target of $138.00
SAN DIEGO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that the advisors with Bury Financial Group have joined LPL Financial's broker-dealer, RIA and custodial platforms. They reported having served approximately $655 million in advisory, brokerage and retirement plan assets* and join LPL from Osaic. President and Managing Partner Todd Bury founded the Youngstown, Ohio-based practice in 1992 while he was a sophomore in college. He earned his financial planning license by age 20 and steadily grew his client base, operating as a one-man shop for more than a decade. In 2006, Bury partnered with Vice President/ Managing Partner Brian Laraway, who shared his values an
Seasoned executive deepens financial, risk and strategic expertise STAMFORD, Conn., Sept. 17, 2024 /PRNewswire/ -- Synchrony Financial (NYSE: SYF), a premier consumer financial services company, today announced Daniel Colao, a retired financial services executive with over 30 years of industry experience, has been appointed to Synchrony's Board of Directors, effective October 1, 2024. "We're thrilled to welcome Dan back to the Synchrony Board of Directors," said Brian Doubles, President and Chief Executive Officer. Mr. Colao previously served on the Company's Board from Februa
SAN DIEGO, Sept. 16, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC, announced today that financial advisors Kultar S. "Sid" Bindra, CFP®, and Steven Alvarez have joined LPL's employee advisor channel, Linsco by LPL Financial, to launch The Bindra Group. They reported serving approximately $300 million in advisory, brokerage and retirement plan assets* and join LPL from Truist Financial. Based in Tampa, Fla., Bindra's path to wealth management started in college when he worked 56 hours a week selling phones. "I didn't have financial aid or qualify for a grant due to my family's pending immigration status, so I worked seven days a week to save for my education," Bindra said. "I learned all a