Bank of New York Mellon (BK) News Today

Natixis grew its stake in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 22.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 77,106 shares of the bank's stock after acquiring an additional 14,02

CANADA LIFE ASSURANCE Co grew its holdings in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 5.3% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,513,082 shares of the bank's stock after acquiring an additi

Hillsdale Investment Management Inc. bought a new stake in The Bank of New York Mellon Co. (NYSE:BK - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm bought 10,300 shares of the bank's stock, valued at approximately $593,000. Other hedge funds and o

Vanguard Group Inc. decreased its holdings in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 1.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,283,027 shares of the bank's stock after

Mitsubishi UFJ Trust & Banking Corp lifted its stake in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 99.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 930,275 shares of the bank's stock after acquiring an additiona

Councilmark Asset Management LLC purchased a new stake in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 26,095 shares of the bank's stock, valued

Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 18.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 902,684 shares of the bank's stock afte

BNP PARIBAS ASSET MANAGEMENT Holding S.A. decreased its position in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 15.4% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 641,827 shares of the bank's stock after selling 116,492 share

Entropy Technologies LP purchased a new position in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 17,828 shares of the bank's stock, valued at approximately

QRG Capital Management Inc. increased its position in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 6.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 127,576 shares of the bank's stock after buying an additional 8,204 shares during

The Bank of New York Mellon Co. (NYSE:BK - Free Report) - Analysts at Seaport Res Ptn increased their FY2024 earnings estimates for Bank of New York Mellon in a report issued on Sunday, July 14th. Seaport Res Ptn analyst J. Mitchell now expects that the bank will post earnings of $5.60 per share

Meeder Asset Management Inc. grew its position in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 118.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,518 shares of the bank's stock after acquiring an add

Keefe, Bruyette & Woods reiterated an "outperform" rating and set a $75.00 target price (up previously from $70.00) on shares of Bank of New York Mellon in a research report on Monday.

Citigroup cut Bank of New York Mellon from a "buy" rating to a "neutral" rating and set a $65.00 price target for the company. in a report on Monday.

Susquehanna Fundamental Investments LLC acquired a new position in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 442,683 shares of th

AIA Group Ltd purchased a new stake in The Bank of New York Mellon Co. (NYSE:BK - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 27,854 shares of the bank's stock, valued at approximatel

LSV Asset Management lowered its stake in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 1.2% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,282,313 shares of the bank's stock after selling 89,896 shares during the qua

Tweedy Browne Co LLC cut its position in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 326,643 shares of the bank's stock after selling 26,2

Stocks that traded heavily or had substantial price changes on Friday: AT&T, Wells Fargo fall; Fastenal, Bank of New York Mellon rise

Bank of New York Mellon (NYSE:BK) Shares Gap Up Following Better-Than-Expected Earnings

Bank of New York Mellon (NYSE:BK - Get Free Report) issued its earnings results on Friday. The bank reported $1.51 earnings per share for the quarter, topping analysts' consensus estimates of $1.41 by $0.10. The firm had revenue of $4.60 billion during the quarter, compared to analysts' expectations of $4.53 billion. Bank of New York Mellon had a net margin of 9.48% and a return on equity of 11.80%. The firm's revenue for the quarter was up 2.1% compared to the same quarter last year. During the same period last year, the firm posted $1.38 earnings per share.

The Bank of New York Mellon Co. (NYSE:BK) declared a quarterly dividend on Friday, July 12th. Investors of record on Monday, July 22nd will be given a dividend of 0.47 per share by the bank on Friday, August 2nd. This represents a $1.88 annualized dividend and a yield of 3.06%. This is an increase from Bank of New York Mellon's previous quarterly dividend of $0.42.

Bank of New York Mellon (NYSE:BK) Sets New 12-Month High at $61.21

FDx Advisors Inc. lowered its position in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 62.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,435 shares of the bank's stock after selling 24,

Bryn Mawr Capital Management LLC boosted its position in The Bank of New York Mellon Co. (NYSE:BK - Free Report) by 291.9% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,951 shares of the bank's stock after purchasing an

Norden Group LLC purchased a new position in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 15,093 shares of the bank's stock, valued at approximately $870,000. Several oth

Wakefield Asset Management LLLP bought a new position in shares of The Bank of New York Mellon Co. (NYSE:BK - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 64,901 shares of the bank's stock, valued at approxima