Todd Asset Management buys $22,287,740 stake in Bank of Montreal (USA) (BMO)

Bank of Montreal (USA) (BMO) : Todd Asset Management scooped up 585 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 353,381 shares of Bank of Montreal (USA) which is valued at $22,287,740.Bank of Montreal (USA) makes up approximately 0.69% of Todd Asset Management’s portfolio.

Other Hedge Funds, Including , Klingenstein Fields Co reduced its stake in BMO by selling 250 shares or 5.98% in the most recent quarter. The Hedge Fund company now holds 3,933 shares of BMO which is valued at $248,054. Bank of Montreal (USA) makes up approx 0.01% of Klingenstein Fields Co’s portfolio.Mu Investments Ltd. reduced its stake in BMO by selling 1,700 shares or 46.83% in the most recent quarter. The Hedge Fund company now holds 1,930 shares of BMO which is valued at $124,099. Bank of Montreal (USA) makes up approx 0.08% of Mu Investments Ltd.’s portfolio. Americafirst Capital Management added BMO to its portfolio by purchasing 2,284 company shares during the most recent quarter which is valued at $148,803. Bank of Montreal (USA) makes up approx 0.10% of Americafirst Capital Management’s portfolio. James Investment Research Inc added BMO to its portfolio by purchasing 169,916 company shares during the most recent quarter which is valued at $11,146,490. Bank of Montreal (USA) makes up approx 0.28% of James Investment Research Inc’s portfolio.Nn Investment Partners Holdings N.v. reduced its stake in BMO by selling 2,588 shares or 5.48% in the most recent quarter. The Hedge Fund company now holds 44,651 shares of BMO which is valued at $2,894,278. Bank of Montreal (USA) makes up approx 0.03% of Nn Investment Partners Holdings N.v.’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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