Beacon Financial Group Has Lifted Sanofi (SNY) Stake; Prudential Financial Decreased Its Bank New York Mellon (BK) Stake

Beacon Financial Group increased Sanofi (SNY) stake by 20.09% reported in 2017Q3 SEC filing. Beacon Financial Group acquired 15,678 shares as Sanofi (SNY)’s stock rose 14.25%. The Beacon Financial Group holds 93,727 shares with $4.67M value, up from 78,049 last quarter. Sanofi now has $100.92 billion valuation. The stock increased 0.25% or $0.1 during the last trading session, reaching $40.55. About 1.03 million shares traded. Sanofi (NYSE:SNY) has risen 26.96% since March 16, 2017 and is uptrending. It has outperformed by 10.26% the S&P500.

Prudential Financial Inc decreased Bank New York Mellon Corp (BK) stake by 2.94% reported in 2017Q3 SEC filing. Prudential Financial Inc sold 54,970 shares as Bank New York Mellon Corp (BK)’s stock declined 1.27%. The Prudential Financial Inc holds 1.82M shares with $96.24M value, down from 1.87 million last quarter. Bank New York Mellon Corp now has $55.39 billion valuation. The stock decreased 0.04% or $0.02 during the last trading session, reaching $54.85. About 4.45M shares traded. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since March 16, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

Analysts await The Bank of New York Mellon Corporation (NYSE:BK) to report earnings on April, 19. They expect $0.96 earnings per share, up 20.00% or $0.16 from last year’s $0.8 per share. BK’s profit will be $969.36 million for 14.28 P/E if the $0.96 EPS becomes a reality. After $0.91 actual earnings per share reported by The Bank of New York Mellon Corporation for the previous quarter, Wall Street now forecasts 5.49% EPS growth.

Among 25 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 11 have Buy rating, 3 Sell and 11 Hold. Therefore 44% are positive. The Bank Of New York Mellon Corporation has $66 highest and $5 lowest target. $52.31’s average target is -4.63% below currents $54.85 stock price. The Bank Of New York Mellon Corporation had 78 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Sunday, August 9 by Standpoint Research. The firm has “Buy” rating by Deutsche Bank given on Tuesday, January 26. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Buy” rating given on Friday, July 21 by Deutsche Bank. Keefe Bruyette & Woods maintained The Bank of New York Mellon Corporation (NYSE:BK) on Tuesday, December 12 with “Hold” rating. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Outperform” rating by Keefe Bruyette & Woods on Friday, October 21. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Equal-Weight” rating by Morgan Stanley on Friday, October 21. Rafferty maintained the shares of BK in report on Wednesday, April 26 with “Buy” rating. The rating was maintained by Keefe Bruyette & Woods with “Hold” on Thursday, January 18. Keefe Bruyette & Woods downgraded the shares of BK in report on Friday, January 20 to “Mkt Perform” rating. Deutsche Bank upgraded the shares of BK in report on Wednesday, September 9 to “Buy” rating.

Investors sentiment decreased to 0.99 in 2017 Q3. Its down 0.02, from 1.01 in 2017Q2. It worsened, 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. Anchor Cap Advsr Llc owns 18,122 shares or 0.03% of their US portfolio. New York State Teachers Retirement System accumulated 0.24% or 1.78 million shares. Sheets Smith Wealth Mgmt has invested 0.11% in The Bank of New York Mellon Corporation (NYSE:BK). Edgar Lomax Va invested in 1.39% or 370,904 shares. First Foundation stated it has 2.13% in The Bank of New York Mellon Corporation (NYSE:BK). Aqr Capital Management Limited holds 0.12% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK) for 1.83 million shares. Daiwa Secs Grp Incorporated invested in 0.02% or 56,701 shares. Ameriprise Fin Incorporated has 14.39 million shares. Colony Llc owns 216,833 shares or 0.79% of their US portfolio. Richard C Young & Limited invested in 3.12% or 310,993 shares. Rnc Mgmt Limited Liability invested in 0.04% or 10,140 shares. Invesco invested 0.14% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). Fort Washington Inv Inc Oh stated it has 1.4% in The Bank of New York Mellon Corporation (NYSE:BK). Karpas Strategies Ltd Liability Company accumulated 30,709 shares or 0.71% of the stock. Vanguard Gp reported 68.19 million shares.

Prudential Financial Inc increased U S Silica Hldgs Inc (NYSE:SLCA) stake by 19,020 shares to 140,420 valued at $4.36 million in 2017Q3. It also upped Dun & Bradstreet Corp Del Ne (NYSE:DNB) stake by 66,640 shares and now owns 89,785 shares. American Assets Tr Inc (NYSE:AAT) was raised too.

Among 12 analysts covering Sanofi-aventis Sa (NYSE:SNY), 1 have Buy rating, 2 Sell and 9 Hold. Therefore 8% are positive. Sanofi-aventis Sa has $56 highest and $45.0 lowest target. $47.67’s average target is 17.56% above currents $40.55 stock price. Sanofi-aventis Sa had 25 analyst reports since October 15, 2015 according to SRatingsIntel. The rating was upgraded by Berenberg on Thursday, September 8 to “Buy”. The company was maintained on Friday, March 31 by JP Morgan. The stock has “Neutral” rating by Piper Jaffray on Friday, September 23. The rating was upgraded by BNP Paribas on Tuesday, September 13 to “Neutral”. Goldman Sachs initiated the stock with “Neutral” rating in Monday, November 7 report. The rating was downgraded by Barclays Capital on Tuesday, January 23 to “Underweight”. The firm has “Underperform” rating by BNP Paribas given on Thursday, December 10. The stock of Sanofi (NYSE:SNY) has “Overweight” rating given on Thursday, May 12 by Barclays Capital. Argus Research initiated it with “Buy” rating and $50.0 target in Thursday, April 6 report. The rating was maintained by JP Morgan with “Neutral” on Friday, April 21.

Beacon Financial Group decreased General Electric Co (NYSE:GE) stake by 322,053 shares to 80,743 valued at $1.95M in 2017Q3. It also reduced Nestle S A Spon Adr (NSRGY) stake by 25,406 shares and now owns 37,988 shares. Metlife Inc (NYSE:MET) was reduced too.