State Street Corporation (STT) has made significant headlines in regards to its presence at the
Goldman Sachs Financial Services Conference. The firm successfully increased its stock by 2.68% in one week and raised $2.25B in debt offering through a diverse broker-dealer partnership. Despite Bank of Montreal reducing its holdings, FmrLLC and Quantbot Technologies, among others, have purchased sizeable quantities of State Street shares.
On the other hand, STT has also witnessed insider trading, with both the corporation's executive vice president recorded selling stock. In terms of dividends, STT is considered excellent as it declared dividends on three of its non-cumulative perpetual preferred stock series.
State Street recently faced an
antitrust violation lawsuit, jointly with BlackRock and Vanguard. Despite this, it announced the launch of a pair of SPDR Tilt ETFs, and preferred stock dividends across three series that accumulated up to $2,642 per share.
Lastly, it should be noted that The
Healthcare of Ontario Pension Plan Trust Fund and
Zurich Cantonalbank have also increased their holdings in State Street.
State Street Corporation STT News Analytics from Fri, 08 Mar 2024 08:00:00 GMT to Sat, 30 Nov 2024 10:47:30 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -2
