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Barclays boosts stake in BNY Mellon, becoming its fourth-largest shareholder amid earnings beat.
Barclays increased its stake in Bank of New York Mellon by 22.3%, becoming the fourth-largest shareholder with 2,885,095 shares.
BNY Mellon reported earnings of $1.58 per share, beating estimates by $0.08, with revenue at $4.79 billion.
Dodge & Cox reduced its holdings by selling 3.8 million shares, while Gabelli & Co increased its holdings by 9,000 shares.
The company has a market cap of $55.66 billion and pays a quarterly dividend of $0.47 per share.
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Barclays aumenta su participación en BNY Mellon, convirtiéndose en su cuarto mayor accionista en medio de ganancias exitosas.