Morgan Stanley downgraded BNY Mellon from Equal-Weight to Underweight and set a new price target of $42.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/23/2024 | $66.00 → $80.00 | Hold → Buy | Deutsche Bank |
| 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 |
On November 21, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on December 20, 2024, to shareholders of record at the close of business on December 6, 2024. The ex-dividend date is December 6, 2024. The previous dividend declared in October was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world's largest asset managers, with $2.1 trillion in assets under management as of September 30, 2024. Thro
NEW YORK, Nov. 15, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, will report financial results for the fourth quarter 2024 on Wednesday, January 15, 2025. Materials will be posted to BNY's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 12:00 p.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may include other material information. Conference Call and Audio Webcast Access Investors and analysts wishing to access the conference call and audio webcast may do so by dialing +1 800-390-5696 (U.S.) or
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE:DMB) today announced a distribution of $0.0300 per share of common stock, payable on December 2, 2024 to shareholders of record at the close of business on November 20, 2024. The ex-dividend date is November 20, 2024. The previous distribution announced in October 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 a
Deutsche Bank upgraded BNY Mellon from Hold to Buy and set a new price target of $80.00 from $66.00 previously
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
On November 21, 2024, the Board of Trustees of BNY Mellon High Yield Strategies Fund (NYSE:DHF) declared from net investment income a monthly cash dividend of $0.0175 per share of beneficial interest, payable on December 20, 2024, to shareholders of record at the close of business on December 6, 2024. The ex-dividend date is December 6, 2024. The previous dividend declared in October was $0.0175 per share of beneficial interest. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Investments. BNY Investments is one of the world's largest asset managers, with $2.1 trillion in assets under management as of September 30, 2024. Thro
NEW YORK, Nov. 21, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, has been selected by the U.S. Department of the Treasury's Bureau of the Fiscal Service ("Fiscal Service") as the financial agent for the Direct Express® prepaid debit card program. The 5-year agreement begins on January 3, 2025. The Direct Express® prepaid debit card provides secure, easy access to federal benefit payments for approximately 3.4 million Americans1. After evaluating proposals from multiple financial institutions, Fiscal Service selected BNY due to the expansive suite of customer service options that will better target Treasury's unique custo
NEW YORK, Nov. 15, 2024 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE:BK), a global financial services company, will report financial results for the fourth quarter 2024 on Wednesday, January 15, 2025. Materials will be posted to BNY's website at approximately 6:30 a.m. ET, and management will host a conference call and simultaneous live audio webcast at 12:00 p.m. ET that same day. This conference call and audio webcast will include forward-looking statements and may include other material information. Conference Call and Audio Webcast Access Investors and analysts wishing to access the conference call and audio webcast may do so by dialing +1 800-390-5696 (U.S.) or
4 - 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) (Subject)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
SC 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
8-K - Bank of New York Mellon Corp (0001390777) (Filer)
13F-HR - Bank of New York Mellon Corp (0001390777) (Filer)
SCHEDULE 13G/A - Bank of New York Mellon Corp (0001390777) (Filed by)
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
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.