37.6% reduction in Tobam's Q2 Bank of New York Mellon shareholding; Q2 EPS and revenue exceeded estimates.
Tobam reduced its stock position in Bank of New York Mellon Co. by 37.6% in Q2, holding 5,845 shares worth $350,000. Bank of New York Mellon reported Q2 EPS of $1.51, exceeding estimates by $0.08, with revenue of $4.60B, also beating expectations. Institutional investors own 85.31% of the stock, and the consensus rating is "Moderate Buy" with a $66 target price.
August 30, 2024
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