The Bank of New York Mellon Corporation (NYSE:BK) went up to recover about 10.72% since recording its record low price of $43.67. The stock experienced -9.52% slump, arriving at $48.35 on 4/17/2019. During the day, the stock price traveled from $48.08 to $50. This company shares are 11.33% off its target price of $53.83 and the current market capitalization stands at $46.41B. The recent change has given its price a -7.12% deficit over SMA 50 and -16.95% deficit over its 52-week high. The stock witnessed -8.98% declines, -4.12% declines and -0.21% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BK’s volatility during a week at 1.91% and during a month it has been found around 1.7%.

The Bank of New York Mellon Corporation (BK) Top Holders

Institutional investors currently hold around $44.78 billion or 90.6% in BK stock. Look at its top three institutional owners: Berkshire Hathaway Inc owns $4.33 billion in The Bank of New York Mellon Corporation, which represents roughly 9.32% of the company’s market cap and approximately 9.66% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 65,894,642 shares of the stock are valued at $3.52 billion. The third largest holder is Blackrock Inc., which currently holds $2.94 billion worth of this stock and that ownership represents nearly 6.33% of its market capitalization.

The Bank of New York Mellon Corporation 13F Filings

At the end of December reporting period, 411 institutional holders increased their position in The Bank of New York Mellon Corporation (NYSE:BK) by some 46,565,942 shares, 526 decreased positions by 50,026,296 and 196 held positions by 741,259,170. That puts total institutional holdings at 837,851,408 shares, according to SEC filings. The stock grabbed 95 new institutional investments totaling 3,021,154 shares while 103 institutional investors sold out their entire positions totaling 4,820,747 shares.

The Bank of New York Mellon Corporation (NYSE:BK) Insider Trades

Multiple company employees have indulged in significant insider trading. The Bank of New York Mellon Corporation disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director TRIAN FUND MANAGEMENT, L.P. has sold 792,000 shares of The Bank of New York Mellon Corporation (BK) in the trading session dated Mar. 13, 2019. These shares are worth $41,263,200 and were traded at $52.1 each. The SEC filing shows that Kurimsky Kurtis R. performed a sale of 5,797 shares. The Controller disposed these shares by way of transaction on Mar. 01, 2019. The company’s shares were given away at $53 per share worth to an income of some $307,241 to the account of Kurimsky Kurtis R..

Sr. Exec. Vice President, Engle Bridget E., sold 22,670 common shares of The Bank of New York Mellon Corporation (BK) in the open market. In a transaction dated Feb. 15, 2019, the shares were put up for sale at an average price of $52.99, raking in a sum of $1,201,283. After this sale, 92,150 common shares of BK are directly owned by the insider, with total stake valued at $4,455,453.

In the transaction dated Feb. 15, 2019, a great number of shares sold came courtesy the Chairman & CEO; SCHARF CHARLES W disposed a total of 4,674 shares at an average price of $52.99, amounting to approximately $247,675. The insider now directly owns 304,643 shares worth $14,729,489.

The Bank of New York Mellon Corporation (BK) Analyst Guide

Several analysts have released their opinion on The Bank of New York Mellon Corporation (NYSE:BK), with 1 analysts believing it is a strong buy. Whereas 13 of them predict the stock is a hold. Also, there are 3 buy, 3 sell and 1 strong sell ratings, collectively assigning a 3 average brokerage recommendation [T1].