Bank of Montreal (USA) (BMO) : South Texas Money Management Ltd added new position in Bank of Montreal (USA) during the most recent quarter end. The investment management firm now holds 178,209 shares of Bank of Montreal (USA) which is valued at $11,239,642 , the company said in a statement filed on Aug 1, 2016 with the SEC.Bank of Montreal (USA) makes up approximately 0.61% of South Texas Money Management Ltd’s portfolio.
Other Hedge Funds, Including , Zurcher Kantonalbank (zurich Cantonalbank) reduced its stake in BMO by selling 7,254 shares or 1.96% in the most recent quarter. The Hedge Fund company now holds 363,508 shares of BMO which is valued at $22,926,450. Bank of Montreal (USA) makes up approx 0.29% of Zurcher Kantonalbank (zurich Cantonalbank)’s portfolio.Ftb Advisors reduced its stake in BMO by selling 44 shares or 3.41% in the most recent quarter. The Hedge Fund company now holds 1,247 shares of BMO which is valued at $79,958. Bank of Montreal (USA) makes up approx 0.01% of Ftb Advisors’s portfolio. Hl Financial Services sold out all of its stake in BMO during the most recent quarter. The investment firm sold 7,810 shares of BMO which is valued $502,183.North Star Investment Management Corp. reduced its stake in BMO by selling 1,000 shares or 15.03% in the most recent quarter. The Hedge Fund company now holds 5,654 shares of BMO which is valued at $366,492. Bank of Montreal (USA) makes up approx 0.07% of North Star Investment Management Corp.’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.