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Kovitz Investment Group Partners LLC Acquires 26,485 Shares of The Bank of New York Mellon Corporation $BK
Kovitz Investment Group Partners LLC increased its stake in The Bank of New York Mellon Corporation (NYSE:BK) by 9.1% during the third quarter, acquiring an additional 26,485 shares to bring its total holdings to 317,617 shares valued at approximately $34.61 million. The Bank of New York Mellon recently reported quarterly earnings of $1.91 per share on $5.07 billion in revenue and declared a quarterly dividend of $0.53. The company currently holds a consensus “Moderate Buy” rating from analysts, with an average target price of $131.92.