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Key Points Warren Buffett's Berkshire Hathaway sold shares of Bank of America and added shares of Domino's Pizza in the first ...
Berkshire still owns a 10.5% stake in the bank worth about $33 billion, making it the conglomerate’s third-largest public holding.
Importantly, Bank of America stock advanced 228% during the past 10 years, such that it underperformed the S&P 500 (SNPINDEX: ^GSPC) by 10 percentage points. But Domino's Pizza stock soared 346% ...
Warren Buffett's track record -- a nearly 5,800,000% cumulative return in Class A shares (BRK.A) since the mid-1960s -- has ...
The Oracle of Omaha has jettisoned more than 401 million shares of Bank of America stock since mid-July 2024, and built up a greater than 35% stake in one of America's few publicly traded legal ...
Another Buffett stock that literally has "America" in the name is Bank of America (BAC 0.20%). It is Buffett's third-largest stock position (the first is Apple).
The filing said Berkshire sold 48,660,056 shares of Bank of America (BAC), cutting its stake by over 7%; it continued to hold more than 631.5 million shares as of March 31.
Buffett holds steady with Apple, now 26% of Berkshire's portfolio, while trimming Bank of America, signaling cautious views on banking stocks. See more on BRK.A here.
NEW YORK Warren Buffett comes to the rescue again. Buffett s Berkshire Hathaway Inc. announced Thursday that it would invest $5 billion in Bank of America Corp., a much-needed vote of confidence.
BAC Price Action: Bank of America stock was down 1.9% to $46.15 on Tuesday versus a 52-week trading range of $33.06 to $49.30. Bank of America stock is up 4.6% year-to-date in 2025.
Bank of America currently trades at 1.7 times tangible book value, a premium to the 10-year average of 1.5 times tangible book value. But the multiple actually hit 1.8 in the first quarter.