Bank of Montreal (USA) (BMO) : Baskin Financial Services scooped up 1,355 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 3, 2016. The investment management firm now holds a total of 13,326 shares of Bank of Montreal (USA) which is valued at $840,471.Bank of Montreal (USA) makes up approximately 0.23% of Baskin Financial Services’s portfolio.
Other Hedge Funds, Including , Sg Americas Securities sold out all of its stake in BMO during the most recent quarter. The investment firm sold 80,598 shares of BMO which is valued $5,083,316.First Midwest Bank Trust Division boosted its stake in BMO in the latest quarter, The investment management firm added 80 additional shares and now holds a total of 3,865 shares of Bank of Montreal (USA) which is valued at $248,520. Bank of Montreal (USA) makes up approx 0.03% of First Midwest Bank Trust Division’s portfolio.Highstreet Asset Management boosted its stake in BMO in the latest quarter, The investment management firm added 33,788 additional shares and now holds a total of 129,451 shares of Bank of Montreal (USA) which is valued at $8,344,411. Bank of Montreal (USA) makes up approx 2.85% of Highstreet Asset Management’s portfolio.Acadian Asset Management reduced its stake in BMO by selling 720,100 shares or 11.62% in the most recent quarter. The Hedge Fund company now holds 5,478,168 shares of BMO which is valued at $356,902,645. Bank of Montreal (USA) makes up approx 1.76% of Acadian Asset Management’s portfolio.
Bank of Montreal (USA) opened for trading at $62.97 and hit $63.56 on the upside on Monday, eventually ending the session at $63.49, with a gain of 0.86% or 0.54 points. The heightened volatility saw the trading volume jump to 4,60,153 shares. Company has a market cap of $40,888 M.
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.