Bank of New York Mellon Corp (NYSE:BK) now has mean rating of 2.4 while 9 analyst have recommended the shares as “BUY”, 2 commented as “OUTPERFORM” and 9 commented as “HOLD”. 5022051 shares were traded on Bank Of New York Mellon Corporation (The)’s last session. The Bank of New York Mellon is a New York state-chartered bank, which houses its Investment Services businesses, including Asset Servicing, Issuer Services, Treasury Services, Broker-Dealer and Advisor Services, and as well as the bank-advised business of Asset Management. Zacks Investment Research downgraded Bank Of New York Mellon Corp. from a “hold” rating to a “sell” rating in a research report on Monday, June 27th.
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The Bank of New York Mellon Corporation’s (BK) price volatility for a month noted as 1.31% however its price volatility for a week documented as 1.75%. Six analysts have rated the stock with a hold rating, seven have given a buy rating and one has given a strong buy rating to the stock. The $43.86 average target is 6.51% above today’s ($41.18) stock price.
04/22/2016 – Bank Of New York Mellon Corporation (The) had its “sector perform” rating reiterated by analysts at RBC Capital.
Masco Corp (NYSE:MAS) went up +1.29% during trading on 9/12/2016, hitting $33.89. The latest trading activity of 5.29 Million shares is above its average volume of 3.89 Million shares. The stock is now holding above its 50-day SMA of $4.23 and above its 200-day SMA of $40.35. The company has a market cap of $44.04B. (NYSE:BK) last issued its earnings results on Thursday, July 21st. The reported earnings topped the analyst’s consensus by $0.01 with the surprise factor of 1.30%. The business had revenue of $3.78 billion for the quarter, compared to analyst estimates of $3.79 billion. The business’s revenue was down 2.8% on a year-over-year basis. During the same period a year ago, the firm earned $0.73 earnings per share.
The current ratio for The Bank of New York Mellon Corporation (NYSE:BK) shows a rate of *TBA with its quick ratio of *TBA. Whether providing financial services for institutions, corporations or individual shareholders, BNY Mellon delivers informed investment administration and investment services in 35 countries and more than 100 markets. Trian Fund Management L.P. raised its stake in Bank Of New York Mellon Corp.by 2.9% in the first quarter. The shares were purchased at an average price of $38.87 per share, for a total transaction of $5,908,240.00. The acquisition was disclosed in a document filed with the SEC, which is available through this link. The Hedge Fund company now holds 17,904 shares of BK which is valued at $716,876. TIAA CREF Investment Management LLC raised its stake in Bank Of New York Mellon Corp.by 18.8% in the first quarter.
The Bank of New York Mellon Corporation (NYSE:BK) Asset Management shows a Dividend Yield of 1.86% with a Payout Ratio of 24.20%.
06/20/2016 – Bank Of New York Mellon Corporation (The) had its “buy” rating reiterated by analysts at Buckingham Research. Wealthfront Inc. raised its position in Bank Of New York Mellon Corp.by 30.6% in the fourth quarter. The trading activity of 5.31 Million shares climbed up over an average volume of 4.74 Million shares.
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01/11/2016 – Bank Of New York Mellon Corporation (The) was upgraded to “conviction buy” by analysts at Goldman Sachs. The 52 week high The Bank Of New York Mellon Corporation’s shares have reached is 44.73 whilst the 52 week low for the company’s shares is 32.2. Through its two principal businesses Investment Management and Investment Services it serves institutions corporations and high net worth individuals.
