Date | Price Target | Rating | Analyst |
---|---|---|---|
7/15/2024 | $65.00 | Buy → Neutral | Citigroup |
6/27/2024 | $60.00 → $70.00 | Mkt Perform → Outperform | Keefe Bruyette |
1/30/2024 | $52.00 → $62.00 | Underweight → Equal-Weight | Morgan Stanley |
12/18/2023 | $54.50 | Neutral → Overweight | JP Morgan |
1/12/2023 | $56.00 | Buy | BofA Securities |
1/4/2023 | $60.00 | Peer Perform → Outperform | Wolfe Research |
1/4/2023 | $59.00 | Neutral → Buy | Goldman |
12/6/2022 | $42.00 | Equal-Weight → Underweight | Morgan Stanley |
The Nasdaq 100 closed lower by over 180 points during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision. Below is a look at a few recent notable insider sales. For more, check out Benzinga’s insider transactions platform. Bank of America The Trade: Bank of America Corporation (NYSE:BAC) CEO Sundar Pichai sold a total of 33,890,927 sh
In the latest quarter, 10 analysts provided ratings for Bank of New York Mellon (NYSE:BK), showcasing a mix of bullish and bearish perspectives. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 3 5 0 0 Last 30D 0 2 4 0 0 1M Ago 0 1 1 0 0 2M Ago 0 0 0 0 0 3M Ago 2 0 0 0 0 Analysts have set 12-month price targets for Bank of New York Mellon, revealing an average target of $67.4, a high estimate of $75.00, and a low estimate of $61.00. Marking an increase of 5.31%, the current averag
Deutsche Bank analyst Brian Bedell maintains Bank of New York Mellon (NYSE:BK) with a Hold and raises the price target from $61 to $63.
3 - Bank of New York Mellon Corp (0001390777) (Issuer)
4 - Bank of New York Mellon Corp (0001390777) (Issuer)
4 - Bank of New York Mellon Corp (0001390777) (Issuer)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
Citigroup downgraded BNY Mellon from Buy to Neutral and set a new price target of $65.00
Keefe Bruyette upgraded BNY Mellon from Mkt Perform to Outperform and set a new price target of $70.00 from $60.00 previously
Morgan Stanley upgraded BNY Mellon from Underweight to Equal-Weight and set a new price target of $62.00 from $52.00 previously
N-PX - Bank of New York Mellon Corp (0001390777) (Filer)
10-Q - Bank of New York Mellon Corp (0001390777) (Filer)
13F-HR - Bank of New York Mellon Corp (0001390777) (Filer)
Key collaborators include Decerno, Arete, and BNY Pershing Crux Wealth Advisors (Crux) is with this news release publicly announcing their official launch as a hybrid Registered Investment Adviser and full service wealth management firm. After two years of due diligence and preparation, the now fully autonomous firm launched with its first tranche of $1 billion in client assets under management (AUM) in a planned multi-phase transition strategy in order to minimize client and business disruption, while allowing for equally as efficient transitions in the coming months. Crux parted ways with Raymond James Financial Services (RJFS) on August 2, 2024. Crux founder and CEO Travis Alexander,
NEW YORK, July 2, 2024 /PRNewswire/ -- BNY has appointed Jose Minaya as Global Head of BNY Investments and Wealth. Mr. Minaya will join the company on September 3, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee. This appointment follows Hanneke Smits's decision to retire; she will continue in her current role until September 3, at which time she will transition to Chair of BNY Investments through the end of 2024 to support a seamless transition. "I'd like to thank Hanneke for her leadership and am very pleased to welcome Jose, an investment veteran with decades of diversified experience leading a major asset manager,
NEW YORK, June 18, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), the global financial services company, today announced the appointment of Leigh-Ann Russell as Chief Information Officer and Global Head of Engineering. Ms. Russell will join the company on September 15, reporting to President and Chief Executive Officer, Robin Vince, and will be a member of the firm's Executive Committee. "I am delighted to welcome Leigh-Ann to BNY," said Robin Vince, President and CEO. "Our company has a 240-year track record of innovation and resilience, and Leigh-Ann brings a true engineering and platforms mindset that will enable our continued success in the adoption an
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) today announced a distribution of $0.0300 per share of common stock, payable on October 1, 2024 to shareholders of record at the close of business on September 19, 2024. The ex-dividend date is September 19, 2024. The previous distribution announced in August was $0.0300 per share of common stock. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance. At times, to maintain a stable level of distributions, the Fund may pay out less than all of its net investment income or, in addition to paying out current net investment income, the Fund may pay out
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Municipal Income, Inc., BNY Mellon Strategic Municipal Bond Fund, Inc. and BNY Mellon Strategic Municipals, Inc. (each, a "Fund") have declared a monthly distribution for each Fund's common shares as summarized below. The distributions are payable October 1, 2024 to shareholders of record on September 16, 2024, with an ex-dividend date of September 16, 2024. Fund Ticker Monthly Distribution Per Share Change from Prior Monthly Distribution Per Share BNY Mellon Municipal Income, Inc. DMF $0.019 -- BNY Mellon Strategic
On August 29, 2024, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. (Ticker: XALCX) declared a distribution of $2.00 per share of common stock, payable on September 27, 2024, to shareholders of record at the close of business on September 13, 2024. The ex-dividend date is September 13, 2024. The previous dividend declared in May was a quarterly distribution of $2.00 per share of common stock. The Fund intends to distribute all or a portion of its net investment income to common shareholders on a quarterly basis. To permit the Fund to maintain a more stable quarterly distribution, the Fund may from time to time distribute less than the entire amount of income earned in a partic
Supported by BNY1, First-Place Awardees will Receive an Unforgettable Behind-the-Scenes Field Trip Experience at Iconic Historical and Cultural Sites Across the U.S., like the National Air and Space Museum, Mount Rushmore, or Yellowstone National Park Submissions Will Be Accepted Until April 16, 2025; Discovery Education Develops New Resources Educators Can Use to Bring America's 250th Anniversary to Their Classrooms Today, America250, the official nonpartisan entity charged by Congress with planning the 250th anniversary of the signing of the Declaration of Independence, the Semiquincentennial, in collaboration with BNY, kicked off the second installment of "America's Field Trip" — a nat
Through Alts Bridge, BNY will deliver to wealth intermediaries, advisors, and investors a complete and integrated set of solutions across the alternative investment lifecycle NEW YORK, Sept. 16, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, has today announced Alts BridgeSM ("Alts Bridge"), a comprehensive data, software, and services solution built to meet the growing demand from wealth intermediaries looking to access alternative and private market investment products, through a simplified end-to-end investment experience. Designed to deeply integrate into intermediaries' existing desktops, beginning with BNY Pershing
The acquisition will enhance BNY's capabilities across the entire managed account ecosystem, including manufacturing, distribution and servicing Archer's fully integrated, cloud-based platform provides asset and wealth managers with a multi-product and multi-channel solution NEW YORK, Sept. 5, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, today announced BNY has entered into a definitive agreement to acquire Archer Holdco, LLC ("Archer"), a leading technology-enabled service provider of managed account solutions to the asset and wealth management industry. Archer provides asset and wealth managers with comprehensive midd