Analyst Activity – Morgan Stanley Raises Its Price Target On Bank of New York Mellon (NYSE:BK) to $65.00

ME Staff

6 years ago

Analyst Ratings For Bank of New York Mellon (NYSE:BK)

Today, Morgan Stanley raised its price target on Bank of New York Mellon (NYSE:BK) to $65.00 per share.

Some recent analyst ratings include

1/24/2018-Vining Sparks Reiterated Rating of Hold.
1/21/2018-Barclays Reiterated Rating of Buy.
1/19/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Neutral ” rating to a ” Underweight” rating. They now have a $55.50 price target on the stock.
1/19/2018-Sandler O’Neill Reiterated Rating of Hold.
1/10/2018-Citigroup Upgrade from a “Neutral ” rating to a ” Buy” rating.
11/15/2017-Royal Bank of Canada Reiterated Rating of Hold.

Dividend information for Bank of New York Mellon (NYSE:BK)

Bank of New York Mellon (NYSE:BK) pays an annual dividend of $0.96 with a yield of 1.69% and an average dividend growth of 9.20% based on a 3 Year Average..

Dividend History for Bank of New York Mellon (NYSE:BK)

On 1/18/2018 Bank of New York Mellon announced a Quarterly dividend of $0.24 0.0043360433604336% with an ex dividend date of 1/29/2018 which will be payable on 2/9/2018.
On 10/20/2017 Bank of New York Mellon announced a quarterly dividend of $0.24 1.81% with an ex dividend date of 10/30/2017 which will be payable on 11/9/2017.
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.
On 4/20/2017 Bank of New York Mellon announced a quarterly dividend of $0.19 1.63% with an ex dividend date of 4/28/2017 which will be payable on 5/12/2017.
On 1/19/2017 Bank of New York Mellon announced a quarterly dividend of $0.19 1.71% with an ex dividend date of 1/27/2017 which will be payable on 2/10/2017.
On 10/20/2016 Bank of New York Mellon announced a Quarterly dividend of $0.19 with an ex dividend date of 10/28/2016 which will be payable on 11/10/2016.
On 7/21/2016 Bank of New York Mellon announced a Quarterly dividend of $0.19 with an ex dividend date of 7/29/2016 which will be payable on 8/12/2016.

Recent Insider Trading Activity For Bank of New York Mellon (NYSE:BK)
Bank of New York Mellon (NYSE:BK) has insider ownership of 3.60% and institutional ownership of 83.75%.

On 12/1/2017 Thomas P Gibbons, CFO, sold 38,152 with an average share price of $54.15 per share and the total transaction amounting to $2,065,930.80.
On 11/22/2017 Edward P Garden, Director, sold 143,792 with an average share price of $52.52 per share and the total transaction amounting to $7,551,955.84.
On 11/20/2017 Edward P Garden, Director, sold 650,000 with an average share price of $52.60 per share and the total transaction amounting to $34,190,000.00.
On 11/3/2017 Brian T Shea, Vice Chairman, sold 22,228 with an average share price of $51.26 per share and the total transaction amounting to $1,139,407.28.
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.
On 10/24/2017 Trian Fund Management, L.P., Director, sold 5,798,725 with an average share price of $52.42 per share and the total transaction amounting to $303,969,164.50.
On 10/20/2017 Edward P Garden, Director, sold 1,031,157 with an average share price of $53.13 per share and the total transaction amounting to $54,785,371.41.

Recent Trading Activity for Bank of New York Mellon (NYSE:BK)
Shares of Bank of New York Mellon closed the previous trading session at with 1627339 shares trading hands.