Media headlines about Bank Of New York Mellon Corporation (The) (NYSE:BK) have been trending somewhat positive recently, according to Accern. Accern identifies positive and negative press coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Bank Of New York Mellon Corporation (The) earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media coverage about the bank an impact score of 45.9533578507106 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:

Shares of Bank Of New York Mellon Corporation (BK) traded up $0.09 during midday trading on Wednesday, hitting $51.94. The company had a trading volume of 4,890,800 shares, compared to its average volume of 4,572,665. The company has a market cap of $52,245.60, a P/E ratio of 14.70, a price-to-earnings-growth ratio of 1.92 and a beta of 1.22. Bank Of New York Mellon Corporation has a 1-year low of $43.85 and a 1-year high of $55.29. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.85.

Bank Of New York Mellon Corporation (The) (NYSE:BK) last announced its quarterly earnings results on Thursday, October 19th. The bank reported $0.94 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.93 by $0.01. The business had revenue of $4.02 billion for the quarter, compared to the consensus estimate of $3.99 billion. Bank Of New York Mellon Corporation (The) had a return on equity of 10.51% and a net margin of 23.14%. The business’s revenue was up 1.9% on a year-over-year basis. During the same quarter last year, the business posted $0.90 EPS. equities research analysts forecast that Bank Of New York Mellon Corporation will post 3.54 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, November 9th. Investors of record on Tuesday, October 31st were issued a $0.24 dividend. This represents a $0.96 annualized dividend and a dividend yield of 1.85%. The ex-dividend date was Monday, October 30th. Bank Of New York Mellon Corporation (The)’s dividend payout ratio (DPR) is 28.07%.

BK has been the subject of a number of recent analyst reports. UBS AG lowered Bank Of New York Mellon Corporation (The) from a “buy” rating to a “neutral” rating and set a $56.00 price objective for the company. in a research note on Friday, September 8th. Zacks Investment Research upgraded Bank Of New York Mellon Corporation (The) from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a research note on Monday, July 24th. Morgan Stanley lifted their target price on Bank Of New York Mellon Corporation (The) from $55.00 to $60.00 and gave the stock an “equal weight” rating in a research report on Friday, October 20th. Goldman Sachs Group, Inc. (The) reiterated a “buy” rating and issued a $58.00 target price (up previously from $52.85) on shares of Bank Of New York Mellon Corporation (The) in a research report on Friday, October 20th. Finally, Bank of America Corporation set a $52.00 target price on Bank Of New York Mellon Corporation (The) and gave the stock a “sell” rating in a research report on Friday, July 21st. Two analysts have rated the stock with a sell rating, eleven have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $55.28.

COPYRIGHT VIOLATION NOTICE: “Bank Of New York Mellon Corporation (The) (BK) Earns Daily News Impact Score of 0.13” was reported by The Cerbat Gem and is the property of of The Cerbat Gem. If you are reading this story on another site, it was illegally copied and reposted in violation of US and international copyright & trademark laws. The correct version of this story can be accessed at https://www.thecerbatgem.com/2017/11/15/bank-of-new-york-mellon-corporation-the-bk-earns-daily-news-impact-score-of-0-13.html.

In other Bank Of New York Mellon Corporation (The) news, Vice Chairman Brian T. Shea sold 22,228 shares of Bank Of New York Mellon Corporation (The) stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $51.26, for a total transaction of $1,139,407.28. Following the sale, the insider now owns 181,815 shares of the company’s stock, valued at approximately $9,319,836.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Edward P. Garden sold 1,031,157 shares of Bank Of New York Mellon Corporation (The) stock in a transaction on Friday, October 20th. The shares were sold at an average price of $53.13, for a total value of $54,785,371.41. The disclosure for this sale can be found here. In the last three months, insiders sold 6,876,390 shares of company stock worth $361,148,976. Company insiders own 3.60% of the company’s stock.

About Bank Of New York Mellon Corporation (The)

The Bank of New York Mellon Corporation is an investments company. The Company operates businesses through two segments: Investment Management and Investment Services. The Company also has an Other segment, which includes the leasing portfolio, corporate treasury activities (including its investment securities portfolio), derivatives and other trading, corporate and bank-owned life insurance and renewable energy investments, and business exits.

Insider Buying and Selling by Quarter for Bank Of New York Mellon Corporation (The) (NYSE:BK)

Receive News & Stock Ratings for Bank Of New York Mellon Corporation (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank Of New York Mellon Corporation (The) and related stocks with our FREE daily email newsletter.