Price Target Estimates for The Bank of New York Mellon Corporation (BK)

Postado Novembro 17, 2017

The Quantum Capital Management holds 20,000 shares with $1.02 million value, up from 7,000 last quarter. It is down 0.00% since November 16, 2016 and is. It is down 13.98% since November 16, 2016 and is uptrending.

Amid the topmost stocks in today's market is The Bank of New York Mellon Corporation (NYSE:BK). Therefore 41% are positive. On October 10 Credit Suisse Group left the stock rating at "Hold" projecting a price of $55.00. Connable Office reported 0.78% in Bank of New York Mellon Corp (NYSE:BK). Finally, Bank of America Corporation set a $52.00 price target on Bank Of New York Mellon Corporation (The) and gave the stock a "sell" rating in a report on Friday, July 21st. BMO Capital Markets maintained it with "Hold" rating and $970.0 target in Monday, October 16 report. CLSA maintained Bank of New York Mellon Corp (NYSE:BK) on Friday, September 23 with "Outperform" rating. The firm has "Hold" rating by Wells Fargo given on Monday, August 7. The company was maintained on Thursday, June 22 by RBC Capital Markets.

Short traders are more bullish on shares of Bank of New York Mellon Corp recently if you consider the fall in short interest. Deutsche Bank maintained the shares of GOOGL in report on Friday, July 29 with "Buy" rating. The company was maintained on Wednesday, April 26 by Rafferty. A 6 analysts rate it as either a buy or a strong buy, while2 believe that investors should either steer clear of BK or, if they already own its stock, sell it.

In the most updated research from a number of analysts on Wall Street, the company gets 7 Buys and 2 Sell among 21 analysts. Therefore 100% are positive. Google had 163 analyst reports since August 8, 2015 according to SRatingsIntel. The stock has "Buy" rating by B. Riley & Co on Tuesday, July 25. The stock declined 0.31% or $3.22 reaching $1038.42 on the news. In the latest earnings report the EPS was $3.40 with 1.02B shares now outstanding. Fuller And Thaler Asset Mgmt Incorporated, California-based fund reported 6,700 shares. Its down 1.34, from 1.36 in 2017Q1. It increased, as 50 investors sold BK shares while 311 reduced holdings. Cacti Asset Mgmt Ltd holds 3.19% or 699,115 shares in its portfolio.

The top 5 institutional holders, in ascending order, are as follows: VANGUARD GROUP INC with 68.19 million shares, BLACKROCK INC. with 57.88 million shares, BERKSHIRE HATHAWAY INC with 50.23 million shares, STATE STREET CORP with 47.89 million shares, and PRICE T ROWE ASSOCIATES INC /MD/ with 47.56 million shares.

Jacobs Levy Equity Management Inc increased Sl Green Rlty Corp (NYSE:SLG) stake by 40,458 shares to 123,943 valued at $13.11 million in 2017Q2. About 24,857 shares traded.

Royal Bank Of Canada restated their hold rating on shares of Bank Of New York Mellon Corporation (The) (NYSE:BK) in a research report released on Wednesday. It has underperformed by 2.72% the S&P500.

The Bank of New York Mellon Corporation is an investments company. The company has market cap of $257.21 million. The Company operates through two segments: Athletic Stores and Direct-to-Customers. It has a 15.23 P/E ratio. The Company also has an Other segment, which includes the leasing portfolio, corporate treasury activities (including its investment securities portfolio), derivatives and other trading, corporate and bank-owned life insurance and renewable energy investments, and business exits. Rodgers Brothers reported 0.15% of its portfolio in Bank of New York Mellon Corp (NYSE:BK). The sales growth of the company is 18.20% at the moment, indicating the average sales volume of the company's products and services that have typically improved year-to-year. SYK's profit will be $729.82M for 19.89 P/E if the $1.95 EPS becomes a reality.

Quantum Capital Management increased Bank New York Mellon Corp (BK) stake by 185.71% reported in 2017Q2 SEC filing. The stock was sold at an average price of $51.26, for a total value of $1,139,407.28. Its up 0.07, from 0.82 in 2017Q1. The data from the past twelve months tells a similar story: insiders executed 37 buys and 42 sells, and ownership decreased by a net of 17.43 million shares. 80 funds opened positions while 240 raised stakes. The total number of shares traded in the last 90-day period is 5.99 million. Goldman Sachs Gp holds 1.20M shares. Brinker Cap reported 121,099 shares. Finally, Arrowstreet Capital Limited Partnership lifted its position in Bank Of New York Mellon Corporation (The) by 1,303.6% during the second quarter. 22,866 were reported by Douglass Winthrop Limited Company. Century Cos owns 4.32M shares for 0.23% of their portfolio. First Foundation Advsr owns 691,993 shares for 2.08% of their portfolio. 8,773 were reported by Cantab Prtn Limited Liability Partnership. Jfs Wealth Advsrs Lc holds 0.07% or 5,268 shares. Oxbow Advisors Llc invested 0.09% of its portfolio in Bank of New York Mellon Corp (NYSE:BK).

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