Bank Of New York Mellon Corp (BK) concluded trading on Wednesday at a closing price of $86.56, with 4.39 million shares of worth about $380.09 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 26.88% during that period and on March 05, 2025 the price saw a gain of about 1.19%. Currently the company’s common shares owned by public are about 717.68M shares, out of which, 714.20M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 0 times over the past 12 months. They bought 0 shares in 0 of the transactions. In 0 selling transactions, insiders dumped 0 shares.
Stock saw a price change of 0.25% in past 5 days and over the past one month there was a price change of 1.61%. Year-to-date (YTD), BK shares are showing a performance of 12.66% which increased to 55.99% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $52.64 but also hit the highest price of $90.34 during that period. The average intraday trading volume for Bank Of New York Mellon Corp shares is 4.15 million. The stock is currently trading -0.38% below its 20-day simple moving average (SMA20), while that difference is up 4.01% for SMA50 and it goes to 19.66% higher than SMA200.
Bank Of New York Mellon Corp (NYSE: BK) currently have 717.68M outstanding shares and institutions hold larger chunk of about 88.40% of that.
The stock has a current market capitalization of $62.00B and its 3Y-monthly beta is at 1.03. PE ratio of stock for trailing 12 months is 14.91, while it has posted earnings per share of $5.81 in the same period. Its PEG reads 1.10 while making debt-to-equity ratio of 1.62. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BK, volatility over the week remained 2.71% while standing at 1.93% over the month.
Stock’s fiscal year EPS is expected to rise by 19.00% while it is estimated to increase by 10.69% in next year. EPS is likely to grow at an annualized rate of 13.53% for next 5-years, compared to annual growth of 5.14% made by the stock over the past 5-years.
Coverage by Morgan Stanley stated Bank Of New York Mellon Corp (BK) stock as an Overweight in their note to investors on December 09, 2024, suggesting a price target of $94 for the stock. On September 23, 2024, Deutsche Bank Upgrade their recommendations, while on July 15, 2024, Citigroup Downgrade their ratings for the stock with a price target of $65. Stock get an Outperform rating from Keefe Bruyette on June 27, 2024.
