The Bank of New York Mellon Corporation Asset Management holds an EPS of 3.15 that demonstrates an EPS growth this year at 16.30%.
About 46,302 shares traded. These holdings make up 85.25% of the company's outstanding shares. Bank of New York Mellon Corp's dividend payout ratio (DPR) is 24.05%.
Bank Of New York Mellon Corporation (NYSE:BK) opened at 46.12 on Tuesday.
Stock is now moving with a positive distance from the 200 day simple moving average of approximately 6.86%, and has a poor year to date (YTD) performance of -0.68% which means the stock is constantly subtracting to its value from the previous fiscal year end price.
Bank Of New York Mellon Corporation (The) has a 50 day moving average of 47.35 and a 200 day moving average of 45.77.
Outlined as the total market value of all unsettled shares of the company, the current market cap for the The Bank of New York Mellon Corporation (NYSE:BK) Asset Management is valued at 48530.09. Royal Bank of Canada reissued a "hold" rating and issued a $52.00 price objective on shares of Bank of New York Mellon Corp in a research note on Tuesday, April 4th. The bank reported $0.80 EPS for the quarter, meeting the Thomson Reuters' consensus estimate of $0.80.
Net interest margin improved 14 basis points to 1.13 percent in the quarter from 0.99 percent in the a year ago period. Ontario Teachers Pension Plan Board has invested 0.66% in Bank of New York Mellon Corp (NYSE:BK).
12/28/2016 - Bank Of New York Mellon Corporation (The) was upgraded to "strong buy" by analysts at Raymond James. Sg Americas Securities Ltd invested 0.09% in Bank of New York Mellon Corp (NYSE:BK). They now have a $52.00 price target on the bank's stock.More news: Serena expecting baby this year
During the first quarter, Bank of New York Mellon has returned almost $1.1 billion to shareholders through share repurchases and dividends and strengthened the key regulatory capital ratios.
04/22/2016 - Bank Of New York Mellon Corporation (The) had its " rating reiterated by analysts at RBC Capital. Bank of New York Mellon Corp's dividend payout ratio is now 24.05%. Its adjusted revenue was $3.82 billion. The business's revenue was up 3.0% on a year-over-year basis.
01/03/2017 - Bank Of New York Mellon Corporation (The) had its "overweight" rating reiterated by analysts at Barclays. They noted that the move was a valuation call.
09/17/2015 - Bank Of New York Mellon Corporation (The) was upgraded to "buy" by analysts at Bank of America Merrill Lynch. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company. Meiji Yasuda Asset Mgmt Com Limited holds 0.23% in Bank of New York Mellon Corp (NYSE:BK) or 43,163 shares. The stock's market capitalization is 48.16B, it has a 52-week low of 35.72 and a 52-week high of 49.54. The stock now has a consensus rating of Hold and an average price target of $50.92.
In related news, Vice Chairman Brian T. Shea sold 199,676 shares of the stock in a transaction that occurred on Wednesday, February 8th. They now have a United States dollars 48 price target on the stock. The company's institutional ownership is monitored at 83.8 percent.
The Bank of New York Mellon Corporation is an investments company. Hedge funds and other institutional investors own 82.83% of the company's stock.
Bank of New York Mellon has in the first quarter repurchased 19 million common shares for $879 million and paid $201 million in dividends to common shareholders. The Company operates businesses through two segments: Investment Management and Investment Services. 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.