On July, 19 The Bank of New York Mellon Corporation (BK) Analysts See $1.04 EPS

June 29, 2018 - By Heather Owens

The Bank of New York Mellon Corporation (NYSE:BK) Corporate Logo
Big Money Sentiment decreased to 0.87 in Q1 2018. It has change of 0.12, from 2017Q4’s 0.99. The ratio dived due to The Bank of New York Mellon Corporation positioning: 53 sold and 340 reduced. 81 funds took holdings and 260 increased holdings. Investors holded 824.52 million in 2017Q4 but now own 812.17 million shares or 1.50% less.
Eubel Brady & Suttman Asset Management owns 6,818 shs. Carroll Finance Assoc, a North Carolina-based fund reported 91,739 shs. Kingstown Mngmt Lp holds 1.00 million shs or 7.65% of its capital. Pggm Invs invested 0.27% of its capital in The Bank of New York Mellon Corporation (NYSE:BK). Park Natl Oh holds 0.92% or 308,943 shs. Moreover, Tru Communications Of Vermont has 0.16% invested in The Bank of New York Mellon Corporation (NYSE:BK). Edgar Lomax Company Va holds 274,449 shs. Shelton Capital Mngmt invested in 137,542 shs. Fiera has invested 0.01% in The Bank of New York Mellon Corporation (NYSE:BK). Indexiq Advsr Ltd Co owns 0.14% invested in The Bank of New York Mellon Corporation (NYSE:BK) for 85,590 shs. Live Your Vision Ltd Com has invested 0% of its capital in The Bank of New York Mellon Corporation (NYSE:BK). 24,511 were reported by Qs Investors Ltd Liability Com. Peddock Capital Advsr Limited Company has 0.18% invested in The Bank of New York Mellon Corporation (NYSE:BK) for 6,740 shs. Clinton Grp Inc invested in 17,901 shs. Natl Asset Mgmt Inc holds 0.09% or 12,262 shs in its capital.

Earnings report for The Bank of New York Mellon Corporation (NYSE:BK) is anticipated on July, 19., according to RTT. Analysts forecast $1.04 EPS, which is $0.12 up or 13.04 % from 2017’s $0.92 EPS. If BK’s EPS is $1.04 the profit will reach $1.05B for 13.15 P/E. Wall Street sees -5.45 % negative EPS growth as of July, 19. BK is hitting $54.715 during the last trading session, after increased 0.76%.The Bank of New York Mellon Corporation has volume of 1.80 million shares. Since June 29, 2017 BK has risen 20.30% and is uptrending. The stock outperformed the S&P500 by 7.73%.

The Bank of New York Mellon Corporation (NYSE:BK) Ratings Coverage

In total 12 analysts cover BNY Mellon (NYSE:BK). “Buy” rating has 5, “Sell” are 2, while 5 are “Hold”. 42% are bullish. 21 are the (NYSE:BK)’s analyst reports since January 8, 2018 according to StockzIntelligence Inc. On Friday, April 6 the firm earned “Buy” rating by Vining Sparks. In Tuesday, January 9 report Jefferies maintained it with “Hold” rating and $60.0 target. In Thursday, April 19 report Sandler O’Neill maintained the stock with “Hold” rating. On Thursday, April 5 the rating was maintained by Jefferies with “Hold”. The stock rating was maintained by Sandler O’Neill with “Hold” on Monday, April 9. In Friday, April 20 report Credit Suisse maintained it with “Neutral” rating and $58 target. On Friday, April 20 the rating was maintained by Morgan Stanley with “Overweight”. On Friday, February 2 Morgan Stanley maintained The Bank of New York Mellon Corporation (NYSE:BK) with “Overweight” rating. On Wednesday, January 10 the firm has “Buy” rating given by Citigroup. On Friday, January 19 the rating was downgraded by JP Morgan to “Underweight”.

The Bank of New York Mellon Corporation provides financial services and products to institutions, firms, and high net worth individuals in the United States and internationally.The firm is valued at $55.30 billion. It operates through two divisions, Investment Management and Investment Services.13.72 is the P/E ratio. The firm offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services.

For more The Bank of New York Mellon Corporation (NYSE:BK) news announced recently go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Prnewswire.com. The titles are as follows: “Federal Reserve objects to Deutsche Bank USA’s capital return plan” announced on June 28, 2018, “Voya introduces lending program to retail wealth management clients” on June 26, 2018, “BNY Mellon, Citizens Financial, Northern Trust, M&T Bank release capital return plans” with a publish date: June 28, 2018, “Bank stocks likely to be more volatile on stress test results: Morgan Stanley” and the last “BNY Mellon Announces Intention to Increase Quarterly Common Stock Dividend by 17 Percent to $0.28 per Share and …” with publication date: June 28, 2018.

The Bank of New York Mellon Corporation (NYSE:BK) Institutional Investors Chart

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