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Lighthouse Investment Partners LLC Sells 192,955 Shares of Bank of America Corporation $BAC
Lighthouse Investment Partners LLC significantly reduced its stake in Bank of America (NYSE:BAC) by 62.4% in the third quarter, selling 192,955 shares and leaving them with 116,060 shares valued at $5,988,000. This comes as other hedge funds have made smaller adjustments to their holdings. The article also details recent analyst ratings, including several “Buy” and “Hold” recommendations, and includes information on Bank of America’s recent earnings, dividend announcement, and insider trading activity, along with key news stories influencing the stock.