The Insider Inversora Carso – S.A. De C.V. Unloaded 90000 shares of The New York Times Company (NYT); First Fiduciary Investment Counsel Has Trimmed Its Bank Of Ny Mellon (BK) Position

February 13, 2018 - By Shannon Black

The New York Times Co’s insider Inversora Carso – S.A. De C.V. unloaded – 90,000 shares of New York Times Co, based on the average $24.1 for each one share. The shares today has a value of about $2,172,086 US Dollars. This insider transaction, took place on 12-02-2018. It’s ready for you at the SEC’s website and can be seen at this page. At the moment, Inversora Carso – S.A. De C.V. owns 19.24 million shares which are about 11.86% of New York Times Co’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

First Fiduciary Investment Counsel Inc decreased Bank Of Ny Mellon (BK) stake by 5.53% reported in 2017Q3 SEC filing. First Fiduciary Investment Counsel Inc sold 27,815 shares as Bank Of Ny Mellon (BK)’s stock declined 1.27%. The First Fiduciary Investment Counsel Inc holds 474,920 shares with $25.18 million value, down from 502,735 last quarter. Bank Of Ny Mellon now has $55.34B valuation. The stock increased 0.98% or $0.53 during the last trading session, reaching $54.61. About 4.86 million shares traded or 2.84% up from the average. The Bank of New York Mellon Corporation (NYSE:BK) has risen 13.98% since February 13, 2017 and is uptrending. It has underperformed by 2.72% the S&P500.

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. JP Morgan upgraded the stock to “Overweight” rating in Thursday, January 7 report. The firm has “Overweight” rating by Barclays Capital given on Tuesday, January 3. Morgan Stanley maintained the stock with “Equal-Weight” rating in Friday, October 20 report. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Hold” rating given on Sunday, August 9 by Standpoint Research. Bank of America upgraded the shares of BK in report on Thursday, September 17 to “Buy” rating. The firm has “Buy” rating by Deutsche Bank given on Friday, May 27. RBC Capital Markets maintained it with “Hold” rating and $58.0 target in Friday, October 6 report. The rating was upgraded by Morgan Stanley to “Equal-Weight” on Friday, October 21. Deutsche Bank maintained The Bank of New York Mellon Corporation (NYSE:BK) on Thursday, March 17 with “Buy” rating. The company was maintained on Monday, October 10 by .

Investors sentiment increased to 1.01 in 2017 Q3. Its up 0.12, from 0.89 in 2017Q2. It increased, 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. Quantitative Investment Management Ltd Limited Liability Company invested in 487,100 shares or 0.29% of the stock. Blb&B Ltd Liability holds 13,225 shares or 0.11% of its portfolio. Country Club Communications Na has invested 1.02% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK). Parametric Portfolio Assocs Lc reported 2.33M shares. Plante Moran Advsrs accumulated 0.01% or 337 shares. Schwartz Counsel holds 464,200 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.23% in The Bank of New York Mellon Corporation (NYSE:BK). Burke Herbert Financial Bank Trust holds 5,122 shares. Edge Wealth Management Ltd reported 0.02% in The Bank of New York Mellon Corporation (NYSE:BK). 315,151 were reported by Kbc Group Nv. 4,168 were accumulated by Kistler. First Eagle Investment Mgmt Ltd Liability Corp has invested 2.34% in The Bank of New York Mellon Corporation (NYSE:BK). Boyer & Corporon Wealth Management Limited Liability Corporation reported 70,776 shares stake. Altfest L J & invested in 0.8% or 31,181 shares. First Trust Advisors Limited Partnership has invested 0.06% in The Bank of New York Mellon Corporation (NYSE:BK).

Investors sentiment decreased to 1.54 in 2017 Q3. Its down 0.11, from 1.65 in 2017Q2. It fall, as 16 investors sold The New York Times Company shares while 47 reduced holdings. 32 funds opened positions while 65 raised stakes. 108.81 million shares or 5.16% more from 103.47 million shares in 2017Q2 were reported. Weybosset Rech & Limited Company holds 1.3% of its portfolio in The New York Times Company (NYSE:NYT) for 99,975 shares. 8.00M were accumulated by Darsana Capital Prtn Limited Partnership. Rhumbline Advisers, a Massachusetts-based fund reported 249,629 shares. Bluecrest Management Ltd stated it has 11,131 shares or 0.01% of all its holdings. Legal General Group Public Limited holds 0% of its portfolio in The New York Times Company (NYSE:NYT) for 108,391 shares. Thrivent For Lutherans holds 0% or 26,820 shares. Blackrock holds 0.01% or 13.12 million shares. Invesco invested 0% in The New York Times Company (NYSE:NYT). Moreover, State Bank Of Montreal Can has 0% invested in The New York Times Company (NYSE:NYT). 9,281 were reported by Envestnet Asset Mngmt. Loomis Sayles & Lp, a Massachusetts-based fund reported 54 shares. Lmr Partners Llp holds 0.03% or 15,895 shares in its portfolio. State Treasurer State Of Michigan accumulated 0.01% or 47,300 shares. Advantus Cap Mgmt Incorporated stated it has 0.01% in The New York Times Company (NYSE:NYT). Bnp Paribas Arbitrage Sa has invested 0% in The New York Times Company (NYSE:NYT).

It closed at $24.1 lastly. It is up 46.29% since February 13, 2017 and is uptrending. It has outperformed by 29.59% the S&P500.

The New York Times Company, together with its subsidiaries, provides news and information for readers and viewers across various platforms worldwide. The company has market cap of $3.91 billion. The firm provides The New York Times , a daily and Sunday newspapers in the United States, as well as international edition of The Times; and operates the NYTimes.com Website. It has a 892.59 P/E ratio. It also transmits articles, graphics, and photographs from The Times and other publications to approximately 2000 newspapers, magazines, and Websites; and offers product licensing, book development, news digests, and rights and permissions, as well as is involved in online retail store business.