Media stories about State Street (NYSE:STT) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group identifies positive and negative media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. State Street earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave media coverage about the asset manager an impact score of 46.0845021289613 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Shares of State Street (NYSE STT) traded up $3.65 on Friday, reaching $109.83. The company’s stock had a trading volume of 2,441,689 shares, compared to its average volume of 1,940,000. The firm has a market cap of $40,730.00, a P/E ratio of 18.55, a P/E/G ratio of 1.43 and a beta of 1.29. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.49 and a quick ratio of 0.49. State Street has a 12 month low of $75.27 and a 12 month high of $114.27.

State Street (NYSE:STT) last posted its quarterly earnings data on Tuesday, January 23rd. The asset manager reported $1.61 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.71 by ($0.10). State Street had a return on equity of 13.41% and a net margin of 17.94%. The firm had revenue of $2.98 billion during the quarter, compared to analyst estimates of $2.98 billion. During the same quarter in the previous year, the firm posted $1.48 earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. analysts predict that State Street will post 7.68 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 16th. Shareholders of record on Monday, April 2nd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Thursday, March 29th. This represents a $1.68 annualized dividend and a dividend yield of 1.53%. State Street’s dividend payout ratio (DPR) is 28.38%.

STT has been the topic of several recent analyst reports. Zacks Investment Research raised State Street from a “hold” rating to a “buy” rating and set a $126.00 price target on the stock in a report on Thursday, January 25th. Morgan Stanley lifted their price objective on State Street from $114.00 to $117.00 and gave the stock an “equal weight” rating in a research report on Friday, February 2nd. Citigroup upgraded State Street from a “neutral” rating to a “buy” rating and set a $102.00 price objective on the stock in a research report on Wednesday, January 10th. Barclays lifted their price objective on State Street from $104.00 to $120.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 2nd. Finally, Jefferies Group reiterated a “hold” rating and issued a $107.00 price objective on shares of State Street in a research report on Tuesday, January 9th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and two have issued a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $108.33.

In related news, CEO Joseph L. Hooley sold 33,568 shares of the business’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $102.65, for a total value of $3,445,755.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Andrew P. Kuritzkes sold 10,248 shares of the company’s stock in a transaction dated Wednesday, February 28th. The shares were sold at an average price of $108.17, for a total transaction of $1,108,526.16. The disclosure for this sale can be found here. In the last quarter, insiders have sold 49,531 shares of company stock valued at $5,146,169. Insiders own 0.71% of the company’s stock.

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About State Street

State Street Corporation is a financial holding company. The Company operates through two lines of business: Investment Servicing and Investment Management. The Company, through its subsidiary, State Street Bank and Trust Company (State Street Bank), provides a range of financial products and services to institutional investors across the world.

Insider Buying and Selling by Quarter for State Street (NYSE:STT)

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