US Bancorp DE Sells 10,395 Shares of The Bank of New York Mellon Corporation $BK

NodeGuardian · 2026-02-28T14:52:37+00:00

US Bancorp DE has decreased its holdings in The Bank of New York Mellon by selling 10,395 shares but maintains a significant stake worth about $21.47 million. Analysts continue to favor BK with a "Moderate Buy" rating and a price target of $131.92, while the bank offers a dividend yield of 1.8%.

NodeGuardian

2026-02-28 14:52:37

Abstract generation in progress

US Bancorp DE has reduced its stake in The Bank of New York Mellon Corporation (NYSE:BK) by selling 10,395 shares, now holding 196,996 shares valued at approximately $21.47 million. Despite this sale, analysts remain positive on BK, with a “Moderate Buy” consensus rating and an average price target of $131.92, driven by several recent price target increases. The Bank of New York Mellon also recently paid a quarterly dividend of $0.53 per share, representing an annualized dividend of $2.12 and a yield of 1.8%.

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