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

Marco Green
March 13, 2018

After $0.91 actual EPS reported by The Bank of New York Mellon Corporation for the previous quarter, Wall Street now forecasts 5.49 % EPS growth. Ls Investment Advisors Llc who had been investing in Grainger W W for a number of months, seems to be bullish on the $15.52B market cap company.

The stock decreased 0.02% or $0.01 during the last trading session, reaching $56.43.

Ghp Advsr Incorporated owns 5,126 shares. W.W. Grainger, Inc. (NYSE:GWW) has declined 21.15% since March 13, 2017 and is downtrending. It has underperformed by 2.72% the S&P500. 108,554 Inphi Corporation (NYSE:IPHI) shares with value of $2.74 million were sold by EDMUNDS JOHN. The company had Year Ago Sales of 3.83 Billion. Mitchell Capital Management Co sold 65,186 shares as the company's stock declined 24.15% while stock markets rallied. The stock decreased 0.35% or $0.2 during the last trading session, reaching $56.5. About 1.61M shares traded. FCB Financial Holdings, Inc. Truett-Hurst, Inc. (NASDAQ:THST) has risen 30.77% since March 13, 2017 and is uptrending. It has outperformed by 13.93% the S&P500.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.18, from 0.8 in 2017Q2. Nbt National Bank N A invested in 13,373 shares or 0.11% of the stock. 23 funds opened positions while 53 raised stakes. 3,298 are owned by Gateway Advisers Ltd Liability Co. Duncker Streett Incorporated reported 81 shares. Moreover, Vanguard Grp has 0.01% invested in Inphi Corporation (NYSE:IPHI). (NYSE:GWW) for 118 shares.

On 11/1/2017 Gerald L Hassell, Chairman, sold 24,280 with an average share price of $51.69 per share and the total transaction amounting to $1,255,033.20. Carroll Associate has 1,412 shares for 0.03% of their portfolio.

Bank of New York Mellon (NYSE:BK) was downgraded by research analysts at Goldman Sachs Group to a "neutral" rating in a research note issued on Monday, The Fly reports. Dreman Value Mgmt L L C owns 51,154 shares or 1.49% of their U.S. portfolio. The Hutchinson Capital Management holds 12,717 shares with $674,000 value, down from 218,054 last quarter. Ahl Prtnrs Llp accumulated 27,020 shares. Delta Capital Management Ltd Com holds 2.02% or 57,534 shares in its portfolio. Pub Employees Retirement Association Of Colorado accumulated 9,493 shares. Us Savings Bank De invested in 0.04% or 213,849 shares. The company presently has an average rating of "Hold" and an average price target of $58.03. Therefore 44% are positive. W.W. Grainger had 102 analyst reports since July 21, 2015 according to SRatingsIntel. Jefferies maintained it with "Hold" rating and $5200 target in Monday, June 19 report. BMO Capital Markets maintained it with "Market Perform" rating and $235 target in Thursday, January 25 report. The rating was maintained by Barclays Capital on Friday, January 22 with "Overweight". Credit Suisse maintained W.W. Grainger, Inc. Stifel Nicolaus maintained Inphi Corporation (NYSE:IPHI) rating on Tuesday, October 31. The firm has "Buy" rating by Stifel Nicolaus given on Friday, November 13. RBC Capital Markets maintained W.W. Grainger, Inc. The firm has "Hold" rating given on Monday, October 10 by. Steward Partners Investment Advisory LLC acquired a new position in Bank of New York Mellon during the third quarter worth $748,000. It also reduced Applied Matls Inc Com (NASDAQ:AMAT) stake by 36,087 shares and now owns 292,176 shares. About 4.79 million shares traded or 2.18% up from the average. $39,569 worth of W.W. Grainger, Inc. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned "Buy" rating by Deutsche Bank on Friday, September 9. Therefore 45% are positive. According to these analysts, the Low Revenue Estimate for The Bank of New York Mellon Corporation is 3.99 Billion and the High Revenue Estimate is 4.1 Billion. Keefe Bruyette & Woods has "Hold" rating and $63.0 target. It is positive, as 34 investors sold The Bank of New York Mellon Corporation shares while 306 reduced holdings. The stock has "Hold" rating by Keefe Bruyette & Woods on Tuesday, October 3. The rating was upgraded by Raymond James on Wednesday, December 28 to "Strong Buy". Finally, Morgan Stanley upgraded Bank of New York Mellon from an "equal weight" rating to an "overweight" rating and set a $60.00 price objective for the company in a research report on Friday, January 19th. Keefe Bruyette & Woods maintained FCB Financial Holdings, Inc. Sandler O'Neill reaffirmed a "hold" rating and set a $58.00 price target on shares of Bank of New York Mellon in a research report on Friday, January 19th. As per Wednesday, January 11, the company rating was downgraded by UBS. The firm has "Buy" rating given on Thursday, February 8 by Craig Hallum.

Investors sentiment increased to 1.55 in 2017 Q3. Its up 0.12, from 0.89 in 2017Q2. Pinnacle Assocs Ltd invested in 173,995 shares. 1 funds opened positions while 1 raised stakes. Dimensional Fund Advisors LP now owns 5,178,682 shares of the financial services provider's stock worth $171,518,000 after buying an additional 145,646 shares during the period. (NYSE:FCB) for 724,927 shares.

On 7/20/2017 Bank of New York Mellon announced a quarterly dividend of $0.24 1.8% with an ex dividend date of 7/28/2017 which will be payable on 8/11/2017. Whittier Of Nevada invested 0.01% of its portfolio in FCB Financial Holdings, Inc. 832.75 million shares or 0.16% more from 831.44 million shares in 2017Q2 were reported. Blackrock Inc, New York-based fund reported 57.88M shares. Guggenheim Ltd Llc reported 5,301 shares. The company has a quick ratio of 0.70, a current ratio of 0.70 and a debt-to-equity ratio of 0.82. Invesco holds 21,271 shares. Highlander Cap Ltd Liability Co stated it has 55,086 shares or 2.28% of all its holdings.

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