How Much Money Does Warren Buffett Have Invested in Bank of America?
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) is known for its massive $350 billion stock portfolio, as many of its positions were hand-selected by legendary investor CEO Warren Buffett himself.
Bank of America (NYSE: BAC) is Berkshire's second-largest stock investment. As of the latest information, Berkshire owns 1.032 billion shares of Bank of America, representing a 13.1% stake in the mega-bank. Based on the stock's price as of this writing, Berkshire's investment is worth $38.2 billion. Berkshire is Bank of America's largest shareholder.
Not only is Bank of America a large investment for Berkshire, but it is one of the most successful in its portfolio.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 7.44% compared to the current price of 605000.0 € for Berkshire Hathaway Inc. A.