Wednesday, March 15, 2017

#BMO Bank of Montreal (BMO) Insider Sells C$3,349,908.54 in Stock #Money #Investing #Finance #Mortgage #stockmarket #retweet

Bank of Montreal (BMO) Insider Sells C$3,349,908.54 
in Stock      
https://baseballnewssource.com/markets/bank-of-montreal-bmo-insider-sells-c3349908-54-in-stock/505072.html

Bank of Montreal (TSE:BMO) (NYSE:BMO) insider Christopher Blake Begy sold 32,593 shares of the stock in a transaction that occurred on Tuesday, March 14th. The shares were sold at an average price of C$102.78, for a total value of C$3,349,908.54.
Shares of Bank of Montreal (TSE:BMO) traded down 0.59% during midday trading on Tuesday, hitting $102.49. The company had a trading volume of 1,359,459 shares. The stock’s 50-day moving average price is $100.83 and its 200-day moving average price is $92.48. 

The company has a market cap of $66.52 billion and a price-to-earnings ratio of 13.55. Bank of Montreal has a 12 month low of $77.08 and a 12 month high of $104.15. 

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 26th. Shareholders of record on Monday, May 1st will be issued a dividend of $0.88 per share. This represents a $3.52 annualized dividend and a yield of 3.43%. 


“Bank of Montreal (BMO) Insider Sells C$3,349,908.54 in Stock” was first reported by BBNS and is owned by of BBNS. If you are reading this news story on another website, it was illegally copied and reposted in violation of international copyright and trademark laws. The correct version of this news story can be viewed at https://baseballnewssource.com/markets/bank-of-montreal-bmo-insider-sells-c3349908-54-in-stock/505072.html. 


Several research firms have recently weighed in on BMO. CIBC increased their price objective on Bank of Montreal from C$104.00 to C$109.00 in a report on Tuesday, March 7th.

 Royal Bank of Canada increased their price objective on Bank of Montreal from C$106.00 to C$110.00 and gave the company a “sector perform” rating in a report on Wednesday, March 1st. 

TD Securities reissued a “hold” rating and issued a C$105.00 price objective on shares of Bank of Montreal in a report on Wednesday, March 1st. Scotiabank increased their price objective on Bank of Montreal from C$108.00 to C$113.00 and gave the company an “outperform” rating in a report on Wednesday, March 1st. Finally, National Bank Financial increased their price objective on Bank of Montreal from C$104.00 to C$107.00 in a report on Wednesday, March 1st. 

 One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and one has issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of C$100.00.

Bank of Montreal Company Profile

Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets. 

#Money #Investing #Finance #Mortgage #stockmarket #retweet

No comments:

Post a Comment