Arlington Value Capital Llc decreased its stake in Bank Of America Corp (BAC) by 48.41% based on its latest 2018Q3 regulatory filing with the SEC. Arlington Value Capital Llc sold 261,731 shares as the company’s stock declined 19.66% with the market. The hedge fund held 278,950 shares of the major banks company at the end of 2018Q3, valued at $8.22M, down from 540,681 at the end of the previous reported quarter. Arlington Value Capital Llc who had been investing in Bank Of America Corp for a number of months, seems to be less bullish one the $280.51B market cap company. The stock decreased 0.96% or $0.28 during the last trading session, reaching $29.01. About 31.69M shares traded. Bank of America Corporation (NYSE:BAC) has declined 13.97% since February 22, 2018 and is downtrending. It has underperformed by 13.97% the S&P500. Some Historical BAC News: 29/03/2018 – BofA to add 600 Merrill Edge investment centers by 2020; 27/03/2018 – GM at Bank of America Merrill Lynch Auto Summit Tomorrow; 29/03/2018 – BANK OF AMERICA SAYS AXELROD TO START IN MAY, REPLACES MICHELLE CARTER; 16/04/2018 – BANK OF AMERICA BAC.N CHIEF FINANCIAL OFFICER PAUL DONOFRIO SAYS 26 PERCENT OF BANK SALES COME FROM MOBILE DEVICES; 15/03/2018 – MOVES-Bank of America promotes M&A bankers -memo; 11/05/2018 – BANK OF AMERICA’S PACKLES, CAVAN YANG ARE SAID TO LEAVE FIRM; 02/05/2018 – Hill-Rom Presenting at Bank of America Conference May 15; 11/04/2018 – Bank of America Unveils Digital Mortgage Experience; 07/05/2018 – Cramer also hears from the CEO of a top oil and gas producer and the head of Bank of America’s digital banking segment; 16/05/2018 – Crispr Therapeutics at Bank of America Conference Tomorrow

Benin Management Corp decreased its stake in Pepsico Inc (PEP) by 3.62% based on its latest 2018Q3 regulatory filing with the SEC. Benin Management Corp sold 3,826 shares as the company’s stock rose 2.31% while stock markets declined. The institutional investor held 101,752 shares of the consumer non-durables company at the end of 2018Q3, valued at $11.38 million, down from 105,578 at the end of the previous reported quarter. Benin Management Corp who had been investing in Pepsico Inc for a number of months, seems to be less bullish one the $163.63B market cap company. The stock increased 0.33% or $0.39 during the last trading session, reaching $116.49. About 2.70 million shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 0.46% since February 22, 2018 and is downtrending. It has underperformed by 0.46% the S&P500. Some Historical PEP News: 25/05/2018 – PepsiCo Extends Bet on Clean Snack Foods With Bare Acquisition; 25/05/2018 – PEPSICO INC – UPON CLOSING, BARE SNACKS WILL CONTINUE TO OPERATE INDEPENDENTLY FROM ITS HEADQUARTERS IN SAN FRANCISCO; 26/04/2018 – PepsiCo Sees 2018 Net Capital Spending About $3.6B; 19/03/2018 – PEPSICO: COMMITTED TO CERTIFIED, SUSTAINABLE PALM OIL BY 2020; 25/04/2018 – Summer’s fizziest accessory: the return of the Rolex `Pepsi’; 26/04/2018 – PepsiCo 1Q Rev $12.56B; 06/03/2018 – PEPSI-COLA PHILIPPINES SAYS STORAGE FEES SUBJECT TO NEGOTIATION; 25/04/2018 – PepsiCo Tries to Stem Declining Drink Volumes With New Products and Old Favorites — Earnings Preview; 20/03/2018 – World Water Day: PepsiCo and The Nature Conservancy Announce New Water Conservation Projects in Southwestern States; 17/04/2018 – Neuberger Berman Equity Income Adds PepsiCo, Exits BAE

More notable recent Bank of America Corporation (NYSE:BAC) news were published by: Seekingalpha.com which released: “Bank Of America: Asymmetric Risk-Reward Opportunity – Seeking Alpha” on January 25, 2019, also Seekingalpha.com with their article: “Bank Of America Is Back – Seeking Alpha” published on January 29, 2019, published: “Bank of America Corporation (NYSE:BAC), PACCAR Inc. (NASDAQ:PCAR) – PACCAR’s Forecast Sees A Slightly Growth In Class 8 Truck Market After A Strong Year – Benzinga” on January 30, 2019. More interesting news about Bank of America Corporation (NYSE:BAC) were released by: and their article: “Bank of America Corporation (NYSE:BAC), BB&T Corporation (NYSE:BBT) – Stocks Falter As Trade Tension, European Growth Worries Mount – Benzinga” published on February 07, 2019 as well as Seekingalpha.com‘s news article titled: “Bank Of America: The Thesis Remains Intact – Seeking Alpha” with publication date: January 28, 2019.

Investors sentiment decreased to 0.84 in Q3 2018. Its down 0.17, from 1.01 in 2018Q2. It is negative, as 57 investors sold BAC shares while 649 reduced holdings. 123 funds opened positions while 473 raised stakes. 6.37 billion shares or 1.73% less from 6.48 billion shares in 2018Q2 were reported. Bourgeon Capital Mngmt Limited Liability Com reported 2.97% stake. Flippin Bruce And Porter holds 1.08% of its portfolio in Bank of America Corporation (NYSE:BAC) for 197,676 shares. Ogorek Anthony Joseph New York Adv holds 0% of its portfolio in Bank of America Corporation (NYSE:BAC) for 50 shares. Washington Tru Commercial Bank holds 84,400 shares. Mason Street Advsrs Ltd holds 1.31M shares or 0.81% of its portfolio. 40,000 were reported by Barbara Oil. Cibc Commercial Bank Usa invested in 0.29% or 72,687 shares. Great West Life Assurance Can accumulated 6.90 million shares or 0.48% of the stock. First Bank & Trust holds 0.62% or 304,547 shares in its portfolio. Cohen Klingenstein Limited Liability Company holds 0.69% of its portfolio in Bank of America Corporation (NYSE:BAC) for 184,908 shares. Campbell And Invest Adviser Ltd holds 17,700 shares or 0.35% of its portfolio. Mufg Americas Hldgs Corporation invested in 94,231 shares. Bedell Frazier Invest Counseling Ltd Com owns 396,117 shares. Rampart Mgmt Company Llc owns 161,296 shares or 0% of their US portfolio. Creative Planning owns 0.18% invested in Bank of America Corporation (NYSE:BAC) for 1.62M shares.

Arlington Value Capital Llc, which manages about $404.14 million and $1.36B US Long portfolio, upped its stake in Alliance Data Systems Corp (NYSE:ADS) by 86,387 shares to 1.09 million shares, valued at $257.17M in 2018Q3, according to the filing. It also increased its holding in Molson Coors Brewing Co (NYSE:TAP) by 246,351 shares in the quarter, for a total of 1.67 million shares, and has risen its stake in Monro Muffler Brake Inc (NASDAQ:MNRO).

Benin Management Corp, which manages about $278.88 million and $249.43 million US Long portfolio, upped its stake in Apple Inc (NASDAQ:AAPL) by 2,683 shares to 36,400 shares, valued at $8.22 million in 2018Q3, according to the filing.

Investors sentiment decreased to 0.87 in Q3 2018. Its down 0.14, from 1.01 in 2018Q2. It is negative, as 43 investors sold PEP shares while 682 reduced holdings. 129 funds opened positions while 502 raised stakes. 952.72 million shares or 0.70% less from 959.39 million shares in 2018Q2 were reported. Monarch Management invested 0.59% in PepsiCo, Inc. (NASDAQ:PEP). Blb&B Advisors Limited Liability Corp owns 43,498 shares for 0.61% of their portfolio. Btim Corp invested in 0.88% or 569,674 shares. 17,718 were reported by Murphy Pohlad Asset Management Limited Liability. Lederer & Associate Investment Counsel Ca has invested 0.41% in PepsiCo, Inc. (NASDAQ:PEP). Veritas Inv Mngmt Ltd Liability Partnership invested 0.01% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Monetary Gp Inc has invested 1.2% of its portfolio in PepsiCo, Inc. (NASDAQ:PEP). Reilly Financial Advsrs Ltd Liability Company owns 1.45% invested in PepsiCo, Inc. (NASDAQ:PEP) for 97,727 shares. Hexavest holds 1,804 shares. Capital Intl Ca owns 7,270 shares or 0.11% of their US portfolio. Leisure Cap Mgmt holds 1.18% or 13,055 shares. 910,379 are held by Gateway Inv Advisers Ltd Liability Company. Howard Capital Mgmt holds 0.18% or 12,386 shares in its portfolio. 17,238 were reported by Dumont And Blake Invest Advsrs Limited Liability Co. 1,903 are owned by Nelson Roberts Advsr Ltd Liability Corporation.

Since October 4, 2018, it had 0 insider buys, and 4 selling transactions for $22.66 million activity. The insider Narasimhan Laxman sold 5,500 shares worth $587,364. 168,295 shares valued at $18.53M were sold by Khan Mehmood on Monday, October 22. Spanos Mike sold 20,074 shares worth $2.26M.