The Bank of New York Mellon Corporation ($BK) has been a popular choice among several investors and asset management companies over the recent past. Institutions like Credit Agricole S A, FCG Investment Co, Capital Fund Management S.A, Legacy Financial Advisors Inc, and American Century Companies Inc have purchased substantial shares, with American Century Companies reporting a $323.48 million position. On the other hand, companies like Erste Asset Management GmbH, Korea Investment CORP, and Candriam S.C.A have reduced their holdings. The asset manager is also the largest position for LFL Advisers and has received notable endorsement from Jim Cramer who states the CEO is tech-savvy. The company's shares have increased by 6.7% since the last earnings report, creating positive future momentum. BNY Mellon is set to liquidate Alcentra Global Multi-Strategy Credit Fund after a 6-year term. The recent consensus rating given by brokerages is a 'Moderate Buy.' The $BK stock reached an all-time high and is favored by 87% institutional shareholders. Recent reports suggested potential merger discussions occurred between BNY Mellon and Northern Trust.
Bank of New York Mellon Corporation BK News Analytics from Wed, 11 Dec 2024 08:00:00 GMT to Sat, 23 Aug 2025 22:51:49 GMT -
Rating 6
- Innovation 3
- Information 5
- Rumor -2
