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Warren Buffett has aggressively sold shares of Bank of America since mid-July Let me preface this discussion by stating as plainly as possible that the Oracle of Omaha strongly believes in the ...
Buffett has long been a fan of Bank of America, singing the praises of CEO Brian Moynihan time and again, and he's owned the stock since he bought preferred shares of BofA in 2011.
Despite the share reduction, Bank of America remains the second largest Warren Buffett holding with a stunning 998,961.079 shares that make up 10.4% of the portfolio.
Billionaire investor Warren Buffett’s Berkshire Hathaway has shed $982 million worth of Bank of America shares. AP Bank of America’s stock closed up 0.7% Wednesday and is up 17% for the ...
Warren Buffett's Berkshire Hathaway has been selling off its stake in Bank of America since mid-July, but the stock has only dipped 1%. Is this a buying opportunity or time to move on?
Second, Bank of America recently hiked its quarterly common-stock dividend payment by 8% to 26 cents per share. Also, the company’s board of directors authorized a new $25 billion common-stock ...
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