Agf Investments buys $58,502,029 stake in Bank of Montreal (USA) (BMO)

Bank of Montreal (USA) (BMO) : Agf Investments scooped up 357,779 additional shares in Bank of Montreal (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 927,573 shares of Bank of Montreal (USA) which is valued at $58,502,029.Bank of Montreal (USA) makes up approximately 0.64% of Agf Investments’s portfolio.

Other Hedge Funds, Including , Bank Of Hawaii reduced its stake in BMO by selling 466 shares or 4.05% in the most recent quarter. The Hedge Fund company now holds 11,046 shares of BMO which is valued at $696,671. Bank of Montreal (USA) makes up approx 0.07% of Bank Of Hawaii’s portfolio.Signaturefd boosted its stake in BMO in the latest quarter, The investment management firm added 258 additional shares and now holds a total of 1,272 shares of Bank of Montreal (USA) which is valued at $81,561. Bank of Montreal (USA) makes up approx 0.01% of Signaturefd’s portfolio.Cordasco Financial Network reduced its stake in BMO by selling 870 shares or 16.48% in the most recent quarter. The Hedge Fund company now holds 4,408 shares of BMO which is valued at $283,434. Bank of Montreal (USA) makes up approx 0.32% of Cordasco Financial Network’s portfolio.Graybill Bartz Assoc Ltd reduced its stake in BMO by selling 745 shares or 2.38% in the most recent quarter. The Hedge Fund company now holds 30,585 shares of BMO which is valued at $1,992,613. Bank of Montreal (USA) makes up approx 1.76% of Graybill Bartz Assoc Ltd’s portfolio.

Bank of Montreal (USA) closed down -0.01 points or -0.02% at $63.06 with 5,71,754 shares getting traded on Thursday. Post opening the session at $63.07, the shares hit an intraday low of $62.57 and an intraday high of $63.38 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.

On the company’s financial health, Bank of Montreal (USA) reported $1.73 EPS for the quarter, missing the analyst consensus estimate by $ -0.02 based on the information available during the earnings call on May 25, 2016. Analyst had a consensus of $1.75.Analysts expectations of $ 4995.69.During the same quarter in the previous year, the company posted $1.71 EPS.

Many Wall Street Analysts have commented on Bank of Montreal (USA). Bank of Montreal (USA) was Downgraded by TD Securities to ” Hold” on May 26, 2016.

Bank of Montreal (BMO) is a financial services company. The Bank provides a range of retail banking wealth management and investment banking products and services. It conducts its business through three operating groups: Personal and Commercial Banking Wealth Management and BMO Capital Markets. The Bank operates primarily in Canada and the United States. It also has operations in the United Kingdom Europe the Caribbean and Asia. It also serves customers through its wealth management businesses: BMO Nesbitt Burns BMO InvestorLine BMO Private Banking BMO Global Asset Management and BMO Insurance. BMO Capital Markets its investment and corporate banking and trading products division provides a suite of financial products and services to North American and international clients. In the United States BMO serves customers through BMO Harris Bank based in the United States Midwest with more than two million retail small business and commercial customers.

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