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Beacon Investment Advisory Services Inc. Has $7.60 Million Position in Bank of America Corporation $BAC
Beacon Investment Advisory Services Inc. significantly increased its stake in Bank of America (BAC) by 940.1% in the fourth quarter, now holding shares valued at $7.60 million. Despite recent insider selling totaling $11.09 million by executives like Bernard A. Mensah and James P. Demare, analysts maintain a “Moderate Buy” consensus rating with an average price target of $59.67. The company recently announced a quarterly dividend of $0.28 per share, paid on March 27th.