GIBBONS THOMAS P, Vice Chairman, subtracted 318,556 shares of The Bank of New York Mellon Corporation (BK) from its portfolio at the rate of $46.72 per share valuing $14,884,105 on Jul 24. The insider left behind 348,928 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of The Bank of New York Mellon Corporation (BK) was $44.73. Currently, the 1st Resistance Point for this stock is $45.28, with a 2nd Resistance Point sitting at $45.82. Meanwhile, this company’s stock has a 1st Support Level at $43.91 and a 2nd Support Level at $43.08. The Bank of New York Mellon Corporation (BK) stock has lost -$2.19, or -4.67%, in the past five days. In the last full month, these shares have gained $0.20, or 0.45%. In the past three months, this stock’s price has fallen by -$3.41, or -7.08%. This year-to-date, The Bank of New York Mellon Corporation (BK) shares have lost -$2.34, or -4.97%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For The Bank of New York Mellon Corporation (BK) stock, 50% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .”
With 957,517 K shares outstanding, this company currently has a market capitalization of $43,519,148K. The Bank of New York Mellon Corporation (BK) generates $19,213 M in annual sales, amounting to annual net income of $4,266 M. This stock has generated a 1-Year Total Return of -15.51%, a 3-Year Total Return of 12.58%, and a 5-year Total Return of 16.97%. This stock’s 5-Year Dividend Growth is 79.31%, with its most recent dividend valued at $0.310 per share on 07/26/19. Its Annual Dividend Yield is 2.73%, and its Annual Dividend Rate is 1.24.
In the most recently-reported fiscal quarter, which ended in Jun-19, The Bank of New York Mellon Corporation (BK) reported earnings of $1.01 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.95 per share, representing a 0.06 difference and 6.56% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.94 represented a -0.02 difference from the consensus estimate calling for $0.96 per share, which was a 1.86% surprise.
For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $1.00 per share. This estimate came from a total of 7 Wall Street Analysts. Of those market experts, the high estimate was $1.03 and the low estimate was $0.93. In the year-ago quarter, The Bank of New York Mellon Corporation (BK) generated per-share earnings of $1.06. If the analysts are correct about the current quarter’s earnings, the growth will be -5.66%.
Turning our focus now to insider trading activity, there have been 11 purchases (333,760 shares in total) and 2 sale (318,556 shares in total) in the last 3 months. In the last 6 months, there have been 38 insider buys amounting to 803,227 shares and 40 insider sales amounting to 1,893,253 shares. In the past full year, 52 insider purchases were made (involving 810,428 shares) and 44 insider sell-offs equivalent to 4,003,551 shares.
Moving onto liquidity, The Bank of New York Mellon Corporation (BK) has a Current Ratio of 0.77. Looking at this company’s capital structure, its Total Debt to Total Equity is 168.08, its Total Debt to Total Capital is 62.70, and its Total Debt to Total Assets is now 18.82. Looking even further ahead into the future, its Long-Term Debt to Equity is 78.61 and its Long-Term Debt to Total Capital is 26.77.