Analyst Upgrades – Bank Of New York Mellon (NYSE:BK) Stock Gets Upgraded By Morgan Stanley from Equal Weight to Overweight

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

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Today, Bank Of New York Mellon (NYSE:BK) stock received an upgrade by Morgan Stanley from Equal Weight to Overweight with a price target of $64.00.

Some recent analyst ratings include

  • 1/19/2018-Morgan Stanley Upgrade from a “Equal Weight ” rating to a ” Overweight” rating.
  • 1/19/2018-JPMorgan Chase & Co. was Downgraded by analysts at JPMorgan Chase & Co. from a “Neutral ” rating to a ” Underweight” rating.
  • 1/19/2018-Sandler O’Neill Reiterated Rating of Hold.
  • 1/10/2018-Citigroup Upgrade from a “Neutral ” rating to a ” Buy” rating.
  • 1/8/2018-Vining Sparks Reiterated Rating of Buy.
  • 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 1.73% 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 82.93%.

  • 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 55.96 up +0.61 1.10% with 55.45000076293945 shares trading hands.

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