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CalSTRS boosts Bank of America stake to 586.1M shares

Bank of America logoBank of America
Sig1.25Sen+2.10Env0.00Soc0.00Gov0.00

The California State Teachers Retirement System increased its Bank of America stake to 586,149,556 shares after buying an additional 575,711,933 shares during the quarter. Capital International Investors also bought a new position valued at about $2.36B. Bank of America reported quarterly EPS of $1.21, beating consensus, while analysts raised price targets and maintained buy ratings.

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