Sculptor Capital buys new shares in Bank of America
Sculptor Capital LP bought 2,034,655 shares of Bank of America valued at about $116M, alongside Norges Bank, Fisher Asset Management and UBS AM adding to their positions. Bank of America posted $1.21 EPS, topping $1.13 consensus, on $31.56B revenue versus $30.78B estimates, alongside ROE of 12.20% and net margin of 17.56%, and analysts’ views shifted after the quarter.