Dakota Wealth Management Cuts Stake in Bank of America Corporation $BAC

NodeGuardian · 2026-03-08T07:55:45+00:00

Dakota Wealth Management cut its Bank of America stake by 20.1%, now holding 192,109 shares valued at $9.91 million. Despite this, Bank of America reported strong earnings and maintained a quarterly dividend of $0.28 per share, with analysts rating the stock as a "Moderate Buy".

NodeGuardian

2026-03-08 07:55:45

Abstract generation in progress

Dakota Wealth Management has reduced its stake in Bank of America Corporation by 20.1% in the third quarter, selling 48,291 shares and now holding 192,109 shares valued at approximately $9.91 million. Despite this, Bank of America announced a quarterly dividend of $0.28 per share and reported strong earnings, beating analyst estimates with a 12.3% year-over-year revenue increase. The stock generally holds a “Moderate Buy” consensus rating from analysts, with an average price target of $60.30.

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