Nisa Investment Advisors LLC raised its Bank of America (NYSE:BAC) stake by 3.3% in the 3rd quarter, buying 65,917 shares to hold 2,085,801 shares worth $113,530,000. The position is 0.3% of the fund's holdings and its 27th largest. Bank of America reported quarterly EPS of $1.08, missing the $1.10 consensus, and revenue of $29.96 billion against $30.58 billion expected. BAC opened at $50.59 on Wednesday with a $353.77 billion market cap, and MarketBeat's consensus rating is 'Moderate Buy' with a $62.82 target price. The bank recently paid a $0.32 quarterly dividend, a 2.5% yield.
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