The most recent report that the company has submitted to the Securities and Exchange Commission indicates that during the third quarter, Skandinaviska Enskilda Banken AB publ increased its investment in The Bank of New York Mellon Co (NYSE: BK) by 24.0%.

The corporation increased its stake in the bank during the quarter by purchasing an additional 117,335 shares in the institution, bringing the total number of shares it owns to 606,980.

The most recent disclosure that Skandinaviska Enskilda Banken AB plc made to the SEC indicated that the financial institution owned 0.08% of Bank of New York Mellon for a total value of $23,381,000.

The institution provided this information.
Recently, institutional investors such as hedge funds and other types of funds have been very active in the market, purchasing and selling shares of a particular company. Hazlett Burt & Watson INC increased the percentage of ownership it held in Bank of New York Mellon by 132.2% during the third quarter.

The bank’s stock has a current market value of $26,000 per share, and Hazlett Burt & Watson INC now owns 692 shares of the company’s stock after purchasing an additional 394 shares during the previous period.

By purchasing an additional 26,000 shares of Bank of New York Mellon during the third quarter, Nelson Van Denburg & Campbell Wealth Management Group LLC was able to increase the size of its holdings in the company. Rock Creek Group LP successfully increased the proportion of its holdings invested in Bank of New York Mellon during the second quarter by 273.8%. Rock Creek Group LP was able to increase its holdings in the company by 534 shares over the most recent quarter, bringing the total number of shares it owns in the company up to 729, each of which is currently valued at $30,000 at the current market price.

Brown Brothers Harriman & Co achieved a 97.1% increase in the proportion of ownership held in the Bank of New York Mellon over the year’s first three months.

As a result of the recent purchase of an additional 300 shares during the most recent fiscal quarter, Brown Brothers Harriman & Co now holds a total of 609 shares of the bank’s stock, which have a combined value of $30,000.

This is because the company has acquired more than 300 shares since the beginning of the fiscal quarter.

During the third quarter, Gradient Investments LLC saw a 74 percent increase in the number of shares of Bank of New York Mellon that it held in its portfolio.

At the beginning of the most recent financial quarter, Gradient Investments LLC bought an additional 341 shares of the bank’s stock, bringing the total number of shares it owns in the institution to 802.

Each of these shares has a market value of $31,000. Hedge funds and other types of institutional investors own a total of 82.29 percent of the company’s shares.
In recent press releases, several analysts were asked about their thoughts on the BK stock and provided their responses.

In a research note published on February 1, Morgan Stanley upgraded their rating on Bank of New York Mellon from “underweight” to “equal weight” and raised their price objective for the stock from $47.00 to $49.00.

Both of these changes were made to the company’s stock. On Thursday, January 12, Bank of America included Bank of New York Mellon for the first time in one of its research reports.

This historic event took place one day earlier.

They suggested investing in the company by purchasing shares and determined that the price target should be $56.00 per share.

In a research note made public on Friday, December 9, Citigroup announced that they were increasing their target price for Bank of New York Mellon from $50.00 to $55.00.

Bank of New York Mellon was upgraded by Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating and had their price objective on the stock raised from $43.00 to $44.00 in a research report that was made available on Tuesday, November 15.

Barclays upgraded their rating of Bank of New York Mellon to “overweight” and increased their price objective on the stock from $57.00 to $64.00 in a report made public on Tuesday, January 3. Six research analysts recommend buying the stock; six research analysts recommend holding the stock; one research analyst recommends selling the stock, and one more research analyst recommends selling the stock.

The data provided by Bloomberg indicates that the consensus price target for Bank of New York Mellon is currently set at $52.19, and the overall rating for the company is “Hold.”
When Black Friday was first made available for purchase, the price tag read $51.29. Over the past 50 days, it has had a moving average price of $48.05; over the past 200 days, it has had a moving average price of $44.44.

The Bank of New York Mellon Company experienced a yearly low of $36.22 and a yearly high of $61.69, with the difference between the two being the company’s lowest and highest points, respectively.

All three financial ratios, including the debt-to-equity ratio, the current ratio, and the quick ratio, total 0.66.

The ratio of debt to equity is currently 0.86.

The following statistics provide an overview of the company: It has a price-to-earnings ratio of 17.69, a price-to-earnings-growth ratio of 1.36, and a beta value of 1.10.

The market capitalization of the company is $41.46 billion.
On Friday, January 13, 2019, the Bank of New York Mellon (NYSE: BK) made available to the general public the most recent quarterly results report that it has produced.

Earnings per share (EPS) for the quarter reported by the bank came in at $1.30, which was $0.08 higher than the average prediction of $1.22.

In other words, the bank exceeded expectations by $0.08.

In their financial statements, Bank of New York Mellon indicated that they had achieved a return on equity of 10.78% and a profit margin of 12.87%.

Analysts’ revenue forecasts for the current quarter ranged from $4.12 billion to $3.92 billion, with the average estimate falling in the middle. Compared to the previous year’s results for the same quarter, the company’s earnings per share came in at $1.04.

The company’s quarterly sales experienced a decrease of 2.4% when compared to the same quarter in the previous year’s financial year.

According to projections made by financial analysts, the Bank of New York Mellon Company is expected to generate an income of $4.77 per share during the current fiscal year.
Additionally, on February 3, the company announced and distributed a quarterly dividend given to shareholders.

This dividend was handed out to shareholders. On Monday, January 23, record holders of shareholder accounts were eligible to receive $0.37 dividend payments per share. On Friday, January 20, 2018, customers were responsible for making their dividend payments by the specified deadline.

This equates to an annual dividend payment of $1.48 and a dividend yield of 2.89% when calculated annually.

The payout ratio of the Bank of New York Mellon is currently at 51.03% at present.
The Bank of New York Mellon Corporation provides various financial services.

This corporation is a bank holding company.

It conducts its business operations within various sub-divisions, the most notable of which are Securities Services, Market and Wealth Services, Investment, Wealth Management, and Others.

Asset Servicing is a part of the Securities Services division and is responsible for providing services such as fund accounting, data, analytics solutions, worldwide custody, and transfer agency services.

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