Laurel Grove Capital Upped Its Pioneer Natural Resources (PXD) Position; 12 Analysts Bullish The Bank of New York Mellon (BK)

February 15, 2018 - By Nellie Frank

Among 25 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 12 have Buy rating, 3 Sell and 10 Hold. Therefore 48% are positive. The Bank Of New York Mellon Corporation had 74 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank on Wednesday, September 9 to “Buy”. The stock has “Buy” rating by UBS on Friday, January 22. As per Friday, September 23, the company rating was maintained by CLSA. The firm earned “Hold” rating on Sunday, August 9 by Standpoint Research. On Monday, November 13 the stock rating was maintained by RBC Capital Markets with “Hold”. The firm has “Hold” rating given on Thursday, January 18 by Sandler O’Neill. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Hold” rating by RBC Capital Markets on Wednesday, August 30. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Underweight” rating by JP Morgan on Friday, January 19. RBC Capital Markets maintained the shares of BK in report on Thursday, June 22 with “Hold” rating. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Equal-Weight” rating given on Friday, October 21 by Morgan Stanley. See The Bank of New York Mellon Corporation (NYSE:BK) latest ratings:

02/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $64 New Target: $65 Maintain
19/01/2018 Broker: Barclays Capital Rating: Buy New Target: $65.0
18/01/2018 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $60.0 Maintain
19/01/2018 Broker: J.P. Morgan Rating: Sell New Target: $55.5 Downgrade
18/01/2018 Broker: Sandler O’Neill Rating: Hold New Target: $58.0 Maintain
19/01/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Underweight Downgrade
09/01/2018 Broker: Jefferies Rating: Hold New Target: $60.0 Maintain
10/01/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Old Target: $56 Upgrade
08/01/2018 Broker: Vining Sparks Rating: Buy New Target: $62.0
21/12/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $63.0 Maintain

Laurel Grove Capital Llc increased Pioneer Natural Resources (PXD) stake by 90% reported in 2017Q3 SEC filing. Laurel Grove Capital Llc acquired 2,700 shares as Pioneer Natural Resources (PXD)’s stock declined 8.01%. The Laurel Grove Capital Llc holds 5,700 shares with $841,000 value, up from 3,000 last quarter. Pioneer Natural Resources now has $30.55B valuation. The stock increased 4.26% or $7.33 during the last trading session, reaching $179.5. About 1.69 million shares traded or 7.26% up from the average. Pioneer Natural Resources Company (NYSE:PXD) has risen 8.46% since February 15, 2017 and is uptrending. It has underperformed by 8.24% the S&P500.

Investors sentiment decreased to 1.03 in Q3 2017. Its down 0.07, from 1.1 in 2017Q2. It fall, as 78 investors sold PXD shares while 197 reduced holdings. 73 funds opened positions while 209 raised stakes. 151.85 million shares or 0.71% less from 152.94 million shares in 2017Q2 were reported. 445,367 were accumulated by Sei Investments. Moreover, Lombard Odier Asset (Europe) Limited has 0.02% invested in Pioneer Natural Resources Company (NYSE:PXD) for 2,089 shares. Waters Parkerson And Commerce Lc owns 1.19% invested in Pioneer Natural Resources Company (NYSE:PXD) for 91,287 shares. American Assets Investment Ltd Liability Corp holds 0.71% or 24,180 shares in its portfolio. Invesco Ltd stated it has 0.01% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD). Ingalls Snyder Ltd Liability has invested 7.88% in Pioneer Natural Resources Company (NYSE:PXD). 273,186 were accumulated by Deutsche Bank Ag. Buckingham Capital Inc stated it has 45,449 shares. Iconiq Limited Liability Com accumulated 1,369 shares. New York-based Oppenheimer Asset Mgmt has invested 0% in Pioneer Natural Resources Company (NYSE:PXD). Credit Suisse Ag reported 352,485 shares. 36,371 are owned by Gardner Lewis Asset Mgmt L P. Qcm Cayman Ltd holds 1,561 shares or 0.59% of its portfolio. Fruth Inv Mgmt holds 1,450 shares. Cambridge Company holds 1.14% of its portfolio in Pioneer Natural Resources Company (NYSE:PXD) for 115,229 shares.

Among 40 analysts covering Pioneer Natural Resources (NYSE:PXD), 35 have Buy rating, 1 Sell and 4 Hold. Therefore 88% are positive. Pioneer Natural Resources had 150 analyst reports since July 21, 2015 according to SRatingsIntel. The stock of Pioneer Natural Resources Company (NYSE:PXD) has “Equal Weight” rating given on Monday, January 11 by Barclays Capital. The stock has “Hold” rating by SunTrust on Tuesday, February 6. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Outperform” rating by RBC Capital Markets on Friday, March 18. The stock has “Buy” rating by Deutsche Bank on Tuesday, March 29. Citigroup maintained Pioneer Natural Resources Company (NYSE:PXD) on Friday, July 21 with “Buy” rating. Barclays Capital maintained the shares of PXD in report on Wednesday, October 11 with “Overweight” rating. The stock of Pioneer Natural Resources Company (NYSE:PXD) earned “Buy” rating by Jefferies on Tuesday, January 30. The company was maintained on Thursday, October 5 by Stifel Nicolaus. The company was downgraded on Wednesday, January 17 by Susquehanna. The firm has “Buy” rating given on Tuesday, November 21 by KeyBanc Capital Markets.

Since September 11, 2017, it had 0 insider purchases, and 5 selling transactions for $941,910 activity. Hopkins Frank E sold $320,000 worth of Pioneer Natural Resources Company (NYSE:PXD) on Monday, December 18. 2,000 shares were sold by BERG MARK STEPHEN, worth $315,700. Grillot Larry R. sold $31,870 worth of stock. 1,000 Pioneer Natural Resources Company (NYSE:PXD) shares with value of $159,505 were sold by DOVE TIMOTHY L. 880 Pioneer Natural Resources Company (NYSE:PXD) shares with value of $114,835 were sold by Fairbrook Teresa A.

The Bank of New York Mellon Corporation provides financial services and products to institutions, firms, and high net worth individuals in the United States and internationally. The company has market cap of $56.73 billion. It operates through two divisions, Investment Management and Investment Services. It has a 15.05 P/E ratio. The firm offers investment management; trust and custody; foreign exchange; fund administration; global collateral services; securities lending; depositary receipts; corporate trust; global payment/cash management; banking services; and clearing services.

The stock increased 2.13% or $1.17 during the last trading session, reaching $55.98. About 4.07 million shares traded. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since February 15, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Investors sentiment increased to 1.01 in 2017 Q3. Its up 0.12, from 0.89 in 2017Q2. It increased, as 34 investors sold The Bank of New York Mellon Corporation shares while 306 reduced holdings. 90 funds opened positions while 254 raised stakes. 832.75 million shares or 0.16% more from 831.44 million shares in 2017Q2 were reported. Bessemer holds 2.77 million shares. Moreover, Rand Wealth Lc has 0.32% invested in The Bank of New York Mellon Corporation (NYSE:BK) for 52,511 shares. Hudock Group invested 0.06% in The Bank of New York Mellon Corporation (NYSE:BK). Saratoga Research Mgmt stated it has 0% in The Bank of New York Mellon Corporation (NYSE:BK). Caprock Group Incorporated has invested 0.11% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). 16,865 are held by Gideon Cap Advsrs. Cetera Advsr Limited Company has 0.03% invested in The Bank of New York Mellon Corporation (NYSE:BK). Rothschild Asset Mgmt holds 0.01% in The Bank of New York Mellon Corporation (NYSE:BK) or 11,539 shares. Wealthtrust Axiom Ltd Liability Corporation stated it has 5,877 shares. Warren Averett Asset Mngmt Llc holds 0.17% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK) for 14,464 shares. Carret Asset Management Ltd Company reported 40,441 shares. Canada Pension Plan Investment Board has 0.19% invested in The Bank of New York Mellon Corporation (NYSE:BK). Burt Wealth Advsrs, Maryland-based fund reported 120 shares. Cap Intl Sarl holds 0.36% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK) for 82,825 shares. 93,322 are held by Ing Groep Nv.

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