The fund owned 3,406,680 shares of the bank’s stock after buying an additional 170,800 shares during the period. Bamco Inc who had been investing in Baidu Inc for a number of months, seems to be bullish on the $76.28 billion market cap company. Bamco Inc bought 85,937 shares as the company’s stock rose 1.94% with the market. The stock decreased 0.48% or $0.3 on August 28, reaching $61.91. Us Commercial Bank De holds 35,460 shares. Wells Fargo & Company MN increased its position in Bank of Nova Scotia (The) by 72.5% in the first quarter. The hedge fund run by Brad Dunkley held 4,050 shares of the major banks company at the end of 2016Q4, valued at $225,000, down from 44,130 at the end of the previous reported quarter. The stock of Baidu Inc (ADR) (NASDAQ:BIDU) earned “Buy” rating by Nomura on Monday, July 31. About shares traded. Bank of Nova Scotia (NYSE:BNS) has risen 16.52% since August 28, 2016 and is uptrending. 112,435 shares of the company were exchanged.
A commonly used tool among technical stock analysts is the moving average. BNS’s profit will be $1.46B for 12.69 P/E if the $1.22 EPS becomes a reality. The Bank Of Nova Scotia had 16 analyst reports since August 4, 2015 according to SRatingsIntel.
Analysts expect Bank of Nova Scotia (NYSE:BNS) to report $1.22 EPS on August, 29 before the open.They anticipate $0.02 EPS change or 1.67% from last quarter’s $1.2 EPS. Analysts forecast EPS of $1.65, up exactly $0.10 or 6.45 % from 2014’s $1.55 EPS. Bank of Nova Scotia (The) had a net margin of 22.17% and a return on equity of 14.45%.
Scotiabank’s revenue up about four per cent, rising to $6.89 billion. Equities research analysts predict that Bank of Nova Scotia will post $5.16 earnings per share for the current year. This repurchase authorization authorizes the bank to repurchase shares of its stock through open market purchases. Waratah Capital Advisors Ltd sold 40,080 shares as the company’s stock declined 10.69% while stock markets rallied. If you are viewing this piece of content on another domain, it was copied illegally and reposted in violation of United States & global copyright & trademark laws.
BNS has been the subject of several research reports. On Friday, February 3 the stock rating was maintained by Scotia Capital with “Outperform”. The stock of Bank of Nova Scotia (TSE:BNS) has “Overweight” rating given on Tuesday, May 23 by Barclays Capital. Finally, Royal Bank Of Canada lifted their price target on Bank of Nova Scotia (The) from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Wednesday, May 31st. As per Wednesday, September 21, the company rating was initiated by Dundee Securities. The Company’s standalone intelligent systems include smart, connected computing devices, such as smart phones, set-top boxes, point-of-sale terminals, kiosks, tablets and handheld data collection devices, as well as smart vending machines, automatic teller machine machines, digital signs and in-vehicle telematics and entertainment devices.