Park National Lowered Bank Of America (BAC) Stake; 2 Analysts Bullish Materialise NV (MTLS) – The Financial Examiner


Park National Corp decreased Bank Of America Corp (BAC) stake by 14.33% reported in 2018Q4 SEC filing. Park National Corp sold 125,521 shares as Bank Of America Corp (BAC)’s stock rose 2.11%. The Park National Corp holds 750,113 shares with $18.48M value, down from 875,634 last quarter. Bank Of America Corp now has $290.81 billion valuation. The stock increased 3.78% or $1.1 during the last trading session, reaching $30.17. About 100.19M shares traded or 62.30% up from the average. Bank of America Corporation (NYSE:BAC) has declined 7.78% since April 15, 2018 and is downtrending. It has underperformed by 12.15% the S&P500. Some Historical BAC News: 10/05/2018 – Neurocrine Bio Presenting at Bank of America Conference May 15; 15/05/2018 – Glaukos Presenting at Bank of America Conference Tomorrow; 10/05/2018 – Cryptocurrencies as a payment system are ‘troubling,” Bank of America cyber tech chief says; 16/05/2018 – Momenta Presenting at Bank of America Conference Tomorrow; 27/03/2018 – Star Mountain Names Former Head of U.S. Leveraged Loan Capital Markets at Merrill Lynch, Stephen Paras, as Managing Director & Investment Committee Member; 13/03/2018 – Merrill Lynch Streamlines Groups Serving Ultra-Wealthy — Barrons.com; 03/05/2018 – COVESTRO BOOKS ARE COVERED AT €75.50 LEVEL: BOFA; 16/04/2018 – BANK OF AMERICA BAC.N CHIEF FINANCIAL OFFICER PAUL DONOFRIO SAYS 26 PERCENT OF BANK SALES COME FROM MOBILE DEVICES; 09/05/2018 – Alexion Presenting at Bank of America Conference May 16; 19/03/2018 – SEC WHISTLEBLOWER AWARDS LINKED TO 2016 BOFA-MERRILL LYNCH CASE

Among 2 analysts covering Materialise NV (NASDAQ:MTLS), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Materialise NV has $20 highest and $19 lowest target. $19.50’s average target is 18.90% above currents $16.4 stock price. Materialise NV had 2 analyst reports since March 6, 2019 according to SRatingsIntel. The company was maintained on Wednesday, March 6 by KeyBanc Capital Markets. Piper Jaffray maintained the stock with “Buy” rating in Thursday, March 7 report. See Materialise NV (NASDAQ:MTLS) latest ratings:

07/03/2019 Broker: Piper Jaffray Rating: Buy New Target: $19 Maintain
06/03/2019 Broker: KeyBanc Capital Markets Rating: Buy New Target: $20 Maintain

The stock decreased 1.91% or $0.32 during the last trading session, reaching $16.4. About 33,802 shares traded. Materialise NV (NASDAQ:MTLS) has risen 53.81% since April 15, 2018 and is uptrending. It has outperformed by 49.44% the S&P500. Some Historical MTLS News: 04/05/2018 – Materialise 1Q EPS $0.00; 04/05/2018 – MATERIALISE NV – ON TRACK TO MEET FINANCIAL GUIDANCE FOR 2018; 06/03/2018 – Materialise 4Q Net $1.83M; 04/05/2018 – Materialise 1Q Rev $54.1M; 06/03/2018 MATERIALISE NV QTRLY NET PROFIT 0.03 EUR PER DILUTED SHARE; 13/03/2018 – OMV CEO SAYS WOULD NOT REWRITE STRATEGY IF NORDSTREAM 2 DIDN’T MATERIALISE; 06/03/2018 – Materialise 4Q EPS 4c; 06/03/2018 – Materialise to Launch TRUMATCH® Personalized Solutions Shoulder System; 04/05/2018 – MATERIALISE NV – QTRLY SHR $0.00; 23/05/2018 – MAGSEIS ASA MSEIS.OL – COMPANY INFORMS THAT REFERENCED LOI WILL NOT MATERIALISE IN A SERVICE CONTRACT

More notable recent Materialise NV (NASDAQ:MTLS) news were published by: Nasdaq.com which released: “European ADRs Move Lower in Monday Trading – Nasdaq” on March 25, 2019, also Nasdaq.com with their article: “Why This 3D Printing Stock Soared 42% in December – Nasdaq” published on January 12, 2019, Nasdaq.com published: “Can The Uptrend Continue for Materialise (MTLS)? – Nasdaq” on December 18, 2018. More interesting news about Materialise NV (NASDAQ:MTLS) were released by: Seekingalpha.com and their article: “Materialise Jumped, Now What? – Seeking Alpha” published on December 28, 2018 as well as Investorplace.com‘s news article titled: “Printing Spread Profits in Stratasys and Materialise: SSYS Stock, MTLS Stock – Investorplace.com” with publication date: January 31, 2019.

Materialise NV provides additive manufacturing software and 3D printing services in Europe, the Americas, and Asia. The company has market cap of $859.06 million. The companyÂ’s Materialise Software segment offers proprietary software worldwide through programs and platforms that enable and enhance the functionality of 3D printers and of 3D printing operations. It has a 169.07 P/E ratio. The Company’s software interfaces between various types of 3D printers, and various software applications and capturing technologies, including computer-aided design packages and 3D scanners.

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Crash Protection For Bank Of America – Seeking Alpha” on April 11, 2019, also Investorplace.com with their article: “BAC is Broke Above its 2019 Resistance – Investorplace.com” published on March 19, 2019, Seekingalpha.com published: “Financial sector goes south post-FOMC – Seeking Alpha” on March 20, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: Benzinga.com and their article: “Boeing Company (The) (NYSE:BA), Bank of America Corporation (NYSE:BAC) – Market Digests Trade, Brexit News Ahead Of Bank Earnings Reports – Benzinga” published on April 11, 2019 as well as Seekingalpha.com‘s news article titled: “Bank of America details modernization push – Seeking Alpha” with publication date: April 05, 2019.

Park National Corp increased Apple Inc (NASDAQ:AAPL) stake by 2,553 shares to 258,823 valued at $40.83M in 2018Q4. It also upped General Dynamics Corporation (NYSE:GD) stake by 5,885 shares and now owns 89,075 shares. Occidental Petroleum Corporati (NYSE:OXY) was raised too.

Among 5 analysts covering Bank of America (NYSE:BAC), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Bank of America has $40 highest and $29 lowest target. $34.40’s average target is 14.02% above currents $30.17 stock price. Bank of America had 9 analyst reports since October 16, 2018 according to SRatingsIntel. The rating was maintained by Credit Suisse with “Outperform” on Friday, December 7. The rating was maintained by Oppenheimer on Tuesday, March 26 with “Outperform”. The company was downgraded on Wednesday, December 12 by Wood. The rating was maintained by BMO Capital Markets with “Market Perform” on Tuesday, October 16. The firm has “Buy” rating by UBS given on Wednesday, January 9. Credit Suisse maintained the stock with “Buy” rating in Tuesday, February 19 report.

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


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