Cacti Asset Management Has Cut By $390,000 Its Bank Of New York Mellon (BK) Holding; Parametric Portfolio Associates Raised By $1.48 Million Its Zagg (ZAGG) Stake

Cacti Asset Management Llc decreased Bank Of New York Mellon Corp (BK) stake by 1.07% reported in 2017Q3 SEC filing. Cacti Asset Management Llc sold 7,500 shares as Bank Of New York Mellon Corp (BK)’s stock declined 1.27%. The Cacti Asset Management Llc holds 691,615 shares with $36.49M value, down from 699,115 last quarter. Bank Of New York Mellon Corp now has $59.82 billion valuation. The stock increased 1.02% or $0.59 during the last trading session, reaching $58.42. About 3.48 million shares traded. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since January 13, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Parametric Portfolio Associates Llc increased Zagg Incorporated (ZAGG) stake by 220.49% reported in 2017Q3 SEC filing. Parametric Portfolio Associates Llc acquired 98,424 shares as Zagg Incorporated (ZAGG)’s stock rose 27.13%. The Parametric Portfolio Associates Llc holds 143,062 shares with $2.25 million value, up from 44,638 last quarter. Zagg Incorporated now has $518.94M valuation. The stock decreased 0.27% or $0.05 during the last trading session, reaching $18.55. About 512,784 shares traded. ZAGG Inc (NASDAQ:ZAGG) has risen 54.72% since January 13, 2017 and is uptrending. It has outperformed by 38.02% the S&P500.

Cacti Asset Management Llc increased American Express Co (NYSE:AXP) stake by 13,155 shares to 571,507 valued at $51.14M in 2017Q3. It also upped Volkswagen Ag (VLKAY) stake by 74,700 shares and now owns 1.08 million shares. Allergan Plc was raised too.

Investors sentiment increased to 1.01 in Q3 2017. Its up 0.12, from 0.89 in 2017Q2. It improved, as 34 investors sold BK 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. Investec Asset Mngmt Limited holds 1.33% or 5.70 million shares in its portfolio. Riverhead Ltd Llc accumulated 67,185 shares or 0.17% of the stock. 215,151 are owned by Keybank National Association Oh. Amica Pension Fund Board Of Trustees has invested 0.26% in The Bank of New York Mellon Corporation (NYSE:BK). Moreover, Cap Fund Management has 0.01% invested in The Bank of New York Mellon Corporation (NYSE:BK). Advisory Svcs Networks Ltd stated it has 0.02% in The Bank of New York Mellon Corporation (NYSE:BK). Edgar Lomax Va accumulated 370,904 shares or 1.39% of the stock. Fil Limited reported 6.08M shares. Colorado-based Cetera Ltd Liability has invested 0.03% in The Bank of New York Mellon Corporation (NYSE:BK). Hanson Mcclain invested in 0% or 552 shares. Tci Wealth, a Arizona-based fund reported 104 shares. Pacad Investment Limited owns 0.01% invested in The Bank of New York Mellon Corporation (NYSE:BK) for 1,000 shares. Qs Limited holds 0.01% in The Bank of New York Mellon Corporation (NYSE:BK) or 24,511 shares. New Mexico Educational Retirement Board invested 0.24% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). Mitsubishi Ufj Securities Holdg Limited reported 860 shares stake.

Among 23 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 11 have Buy rating, 1 Sell and 11 Hold. Therefore 48% are positive. The Bank Of New York Mellon Corporation has $63.0 highest and $5 lowest target. $51.14’s average target is -12.46% below currents $58.42 stock price. The Bank Of New York Mellon Corporation had 68 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, May 26, the company rating was maintained by Bank of America. On Tuesday, January 26 the stock rating was maintained by Deutsche Bank with “Buy”. Rafferty maintained The Bank of New York Mellon Corporation (NYSE:BK) rating on Wednesday, April 26. Rafferty has “Buy” rating and $53 target. The firm has “Buy” rating by UBS given on Friday, January 22. The stock has “Neutral” rating by Buckingham Research on Monday, November 21. The company was maintained on Wednesday, April 5 by RBC Capital Markets. Bank of America maintained the stock with “Underperform” rating in Monday, May 29 report. The firm has “Buy” rating by Deutsche Bank given on Thursday, June 16. Barclays Capital maintained The Bank of New York Mellon Corporation (NYSE:BK) on Friday, January 22 with “Overweight” rating. As per Thursday, July 20, the company rating was maintained by Keefe Bruyette & Woods.

Analysts await The Bank of New York Mellon Corporation (NYSE:BK) to report earnings on January, 18. They expect $0.91 EPS, up 18.18% or $0.14 from last year’s $0.77 per share. BK’s profit will be $931.85 million for 16.05 P/E if the $0.91 EPS becomes a reality. After $0.98 actual EPS reported by The Bank of New York Mellon Corporation for the previous quarter, Wall Street now forecasts -7.14% negative EPS growth.

Investors sentiment increased to 1.27 in 2017 Q3. Its up 0.13, from 1.14 in 2017Q2. It is positive, as 13 investors sold ZAGG shares while 35 reduced holdings. 30 funds opened positions while 31 raised stakes. 21.90 million shares or 0.15% more from 21.87 million shares in 2017Q2 were reported. Granite Point Mngmt Lp holds 108,500 shares. Tiaa Cref Invest Mgmt Limited Com has invested 0% of its portfolio in ZAGG Inc (NASDAQ:ZAGG). 33,199 were accumulated by Cubist Systematic Strategies Ltd Co. 47,055 were reported by Gsa Ltd Liability Partnership. Mutual Of America Capital Mngmt Llc holds 0% or 8,500 shares in its portfolio. Wesbanco Comml Bank Incorporated invested in 0.05% or 55,580 shares. Pdt Prns Ltd holds 0.1% or 191,300 shares in its portfolio. New York State Common Retirement Fund holds 26,900 shares. Legal And General Grp Incorporated Public Ltd holds 5,191 shares. Northern Corp has 0% invested in ZAGG Inc (NASDAQ:ZAGG). Globeflex LP accumulated 10,762 shares or 0.05% of the stock. Sanctuary Wealth Advsrs Limited Liability Corporation owns 628 shares or 0.01% of their US portfolio. Federated Investors Incorporated Pa stated it has 0% in ZAGG Inc (NASDAQ:ZAGG). Clarivest Asset Management Limited Co reported 0.03% of its portfolio in ZAGG Inc (NASDAQ:ZAGG). Tower Capital Limited Liability (Trc) holds 2,573 shares.

Parametric Portfolio Associates Llc decreased Aramark (NYSE:ARMK) stake by 14,727 shares to 285,640 valued at $11.60M in 2017Q3. It also reduced Cintas Corp (NASDAQ:CTAS) stake by 4,405 shares and now owns 190,175 shares. Universal Insurance Holdings I (NYSE:UVE) was reduced too.