Bank of Nova Scotia makes up approx 0.43% of State Of Tennessee Treasury Department’s portfolio.Timber Hill reduced its stake in BNS by selling 1,688 shares or 21.73% in the most recent quarter. This represents a $2.29 dividend on an annualized basis and a dividend yield of 4.30%. Manitou Investment Management Ltd. now owns 204,863 shares of the company’s stock worth $9,970,000 after buying an additional 65,863 shares during the last quarter. This is an increase from Bank of Nova Scotia’s previous quarterly dividend of $0.55.
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Canadian banking had 25,436 employees at the end of April, down 929 from the second quarter, while worldwide banking had 114 fewer workers. The ex-dividend date is Friday, September 30th. Bank of Nova Scotia (NYSE:BNS)’s price to free cash flow for trailing twelve months is 3.13.
The company said its bottom line rose to C$1.86 billion, or C$1.54 per share. International Banking includes Scotiabank’s retail and commercial banking operations in more than 55 countries outside Canada. Canaccord Genuity reaffirmed a buy rating on shares of Bank of Nova Scotia in a research report on Tuesday, May 31st.
TheStreet upgraded shares of Bank of Nova Scotia (NYSE:BNS) from a sell rating to a hold rating in a research note published on Tuesday. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. During the last trade, stock’s minimum price has been reached out at $53.24 while the maximum trading price moved at $53.74. This was up from C$6.12 billion past year. Cardinal Capital Management raised its position in Bank of Nova Scotia by 2.8% in the second quarter. OMERS ADMINISTRATION Corp now owns 4,509,000 shares of the company’s stock valued at $221,258,000 after buying an additional 989,800 shares during the period.
Bank of Montreal was the only other company among Canada’s five biggest banks to reduce its ranks in the third quarter, with 102 fewer employees since the end of April, according to financial statements.
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RBC Capital Markets on Wednesday reiterated Bank of Nova Scotia’s analyst rating as “Outperform” with its price target of 77 highlighting a potential increase of 44.03% from Bank of Nova Scotia’s current price of 53.46. The Bank offers range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
