First Fiduciary Investment Counsel Lifted Bank Of Ny Mellon (BK) Position by $657,750; Reinhart Partners Upped Its Bloomin Brands Com (BLMN) Holding by $1.53 Million

The Bank of New York Mellon Corporation (NYSE:BK) Logo

First Fiduciary Investment Counsel Inc increased its stake in Bank Of Ny Mellon (BK) by 3.06% based on its latest 2018Q3 regulatory filing with the SEC. First Fiduciary Investment Counsel Inc bought 13,155 shares as the company’s stock declined 8.59% with the market. The institutional investor held 442,392 shares of the major banks company at the end of 2018Q3, valued at $22.56M, up from 429,237 at the end of the previous reported quarter. First Fiduciary Investment Counsel Inc who had been investing in Bank Of Ny Mellon for a number of months, seems to be bullish on the $50.25B market cap company. The stock decreased 0.40% or $0.21 during the last trading session, reaching $52.32. About 4.25 million shares traded. The Bank of New York Mellon Corporation (NYSE:BK) has declined 12.28% since February 1, 2018 and is downtrending. It has underperformed by 12.28% the S&P500. Some Historical BK News: 19/04/2018 – Bank of New York Mellon 1Q Net $1.17B; 27/03/2018 – 30FR: Bank of New York Mellon: FRN Variable Rate Fix; 08/03/2018 – BNY ASSUMING A CONTINUAL GRADUAL INCREASE OF RATES; 14/05/2018 – 61NN: Bank of New York Mellon: FRN Variable Rate Fix; 08/03/2018 – 84RI: Bank of New York Mellon: FRN Variable Rate Fix; 08/05/2018 – 50AV: Bank of New York Mellon: FRN Variable Rate Fix; 19/04/2018 – BANK OF NEW YORK MELLON CORP QTRLY NET INTEREST REVENUE $919 MLN VS $792 MLN; 23/03/2018 – 34YW: Bank of New York Mellon: FRN Variable Rate Fix; 23/03/2018 – 66VW: Bank of New York Mellon: FRN Variable Rate Fix; 21/05/2018 – 58MK: Bank of New York Mellon: FRN Variable Rate Fix

Reinhart Partners Inc increased its stake in Bloomin Brands Inc Com (BLMN) by 52.97% based on its latest 2018Q3 regulatory filing with the SEC. Reinhart Partners Inc bought 80,315 shares as the company’s stock declined 0.26% with the market. The institutional investor held 231,935 shares of the consumer services company at the end of 2018Q3, valued at $4.59 million, up from 151,620 at the end of the previous reported quarter. Reinhart Partners Inc who had been investing in Bloomin Brands Inc Com for a number of months, seems to be bullish on the $1.69B market cap company. The stock decreased 3.10% or $0.59 during the last trading session, reaching $18.43. About 2.02M shares traded or 67.07% up from the average. Bloomin' Brands, Inc. (NASDAQ:BLMN) has declined 12.07% since February 1, 2018 and is downtrending. It has underperformed by 12.07% the S&P500. Some Historical BLMN News: 20/03/2018 Chipotle Mexican: Brandt Served as Chief Brand Officer at Bloomin’ Brands; 26/04/2018 – Bloomin’ Brands 1Q Adj EPS 71c; 26/04/2018 – BLOOMIN’ BRANDS, HOLDER JANA PARTNERS REPORTS SHARE SALES; 11/04/2018 – JANA PARTNERS LLC REPORTS 6.4 PCT STAKE IN BLOOMIN’ BRANDS INC AS OF APRIL 9 – SEC FILING; 26/04/2018 – Bloomin’ Brands 1Q Net $65.4M; 26/04/2018 – Bloomin’ Brands: Reaffirmes All Aspects of FY Guidance; 20/04/2018 – DJ Bloomin’ Brands Inc, Inst Holders, 1Q 2018 (BLMN); 11/04/2018 – JANA PARTNERS LLC SAYS IT HAD PREVIOUSLY REPORTED A STAKE OF 8.6 PCT IN BLOOMIN’ BRANDS INC AS OF FEB 28; 26/04/2018 – BLOOMIN’ BRANDS INC – REAFFIRMS FULL YEAR 2018 GUIDANCE FOR ADJUSTED DILUTED EPS AND U.S. COMPARABLE SALES; 26/04/2018 – BLOOMIN’ BRANDS HOLDER JANA PARTNERS REPORTS 2.6% STAKE

More recent The Bank of New York Mellon Corporation (NYSE:BK) news were published by: Gurufocus.com which released: “BNY Mellon’s Pershing Increases Investment in the Advisory Experience – GuruFocus.com” on January 31, 2019. Also Seekingalpha.com published the news titled: “Bank Of New York Mellon; Is This What Warren Buffett Saw? – Seeking Alpha” on December 06, 2018. Seekingalpha.com‘s news article titled: “Bank of New York Mellon Q4 2018 Earnings Preview – Seeking Alpha” with publication date: January 15, 2019 was also an interesting one.

First Fiduciary Investment Counsel Inc, which manages about $469.31 million and $535.38 million US Long portfolio, decreased its stake in Vanguard Short (VCSH) by 10,857 shares to 23,017 shares, valued at $1.80M in 2018Q3, according to the filing. It also reduced its holding in Metlife (NYSE:MET) by 11,585 shares in the quarter, leaving it with 343,328 shares, and cut its stake in V.F. Corp (NYSE:VFC).

Investors sentiment decreased to 0.74 in 2018 Q3. Its down 0.19, from 0.93 in 2018Q2. It worsened, as 49 investors sold BK shares while 342 reduced holdings. 80 funds opened positions while 208 raised stakes. 808.18 million shares or 1.01% less from 816.46 million shares in 2018Q2 were reported. Prio Wealth Partnership holds 0.02% or 9,400 shares. Delta Asset Ltd Limited Liability Company Tn owns 8,303 shares. Centurylink Invest Management owns 29,713 shares or 0.54% of their US portfolio. Pacific Glob Investment Mngmt Co holds 0.09% or 8,664 shares in its portfolio. Sector Pension Invest Board stated it has 0.18% in The Bank of New York Mellon Corporation (NYSE:BK). Wetherby Asset Mngmt Incorporated reported 21,464 shares. West Chester Inc has 0.32% invested in The Bank of New York Mellon Corporation (NYSE:BK) for 5,013 shares. Pennsylvania-based Blb&B Advisors Ltd Liability Com has invested 0.08% in The Bank of New York Mellon Corporation (NYSE:BK). Quantitative Invest Mngmt Ltd Liability owns 6,400 shares for 0.01% of their portfolio. Highstreet Asset Management accumulated 11,342 shares or 0.03% of the stock. New Jersey-based Jacobs Levy Equity Mgmt has invested 0.41% in The Bank of New York Mellon Corporation (NYSE:BK). Company Of Oklahoma invested 0% in The Bank of New York Mellon Corporation (NYSE:BK). Golub Grp Limited Liability Company holds 2.49% of its portfolio in The Bank of New York Mellon Corporation (NYSE:BK) for 573,531 shares. Boston Common Asset Mngmt Llc has 0.03% invested in The Bank of New York Mellon Corporation (NYSE:BK). Amf Pensionsforsakring Ab holds 0.43% or 927,974 shares.

Among 25 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 10 have Buy rating, 4 Sell and 11 Hold. Therefore 40% are positive. The Bank Of New York Mellon Corporation had 92 analyst reports since July 22, 2015 according to SRatingsIntel. Deutsche Bank maintained the shares of BK in report on Friday, January 8 with “Buy” rating. The company was maintained on Wednesday, October 21 by Deutsche Bank. Morgan Stanley maintained The Bank of New York Mellon Corporation (NYSE:BK) on Friday, April 20 with “Overweight” rating. The firm has “Hold” rating by Jefferies given on Monday, July 10. Jefferies maintained The Bank of New York Mellon Corporation (NYSE:BK) on Monday, June 19 with “Hold” rating. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Underweight” rating given on Friday, January 19 by JP Morgan. UBS maintained the stock with “Buy” rating in Friday, January 22 report. The firm earned “Neutral” rating on Friday, January 6 by JP Morgan. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Underperform” rating by Wood on Friday, October 19. The firm earned “Buy” rating on Thursday, September 27 by Deutsche Bank.

Reinhart Partners Inc, which manages about $4.85B and $1.11 billion US Long portfolio, decreased its stake in Ugi Corp (NYSE:UGI) by 128,724 shares to 412,228 shares, valued at $22.87M in 2018Q3, according to the filing. It also reduced its holding in Northern Trust (NASDAQ:NTRS) by 5,790 shares in the quarter, leaving it with 201,674 shares, and cut its stake in J P Morgan Chase & Co Com (NYSE:JPM).

Investors sentiment decreased to 0.89 in Q3 2018. Its down 0.45, from 1.34 in 2018Q2. It dropped, as 32 investors sold BLMN shares while 62 reduced holdings. 23 funds opened positions while 61 raised stakes. 82.23 million shares or 0.22% less from 82.41 million shares in 2018Q2 were reported. Fmr Lc invested in 115,065 shares or 0% of the stock. Lsv Asset reported 0.09% stake. Savings Bank Of Ny Mellon has 676,905 shares. Wellington Mgmt Gp Llp invested in 0% or 69,847 shares. Rhumbline Advisers holds 0% in Bloomin' Brands, Inc. (NASDAQ:BLMN) or 79,185 shares. Connor Clark & Lunn Invest Management stated it has 271,341 shares or 0.03% of all its holdings. California Public Employees Retirement System invested 0% of its portfolio in Bloomin' Brands, Inc. (NASDAQ:BLMN). Public Employees Retirement Association Of Colorado holds 5,546 shares or 0% of its portfolio. Mutual Of America Cap Ltd Liability, New York-based fund reported 511,072 shares. Massachusetts Fincl Svcs Co Ma, a Massachusetts-based fund reported 75,992 shares. Federated Invsts Pa stated it has 2,178 shares or 0% of all its holdings. Skylands Cap Limited Liability invested 0.52% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Renaissance Tech Limited Liability Company reported 0.01% stake. Los Angeles And Equity Rech has invested 0.01% in Bloomin' Brands, Inc. (NASDAQ:BLMN). Rothschild And Asset Mgmt Us has 0.29% invested in Bloomin' Brands, Inc. (NASDAQ:BLMN).

More notable recent Bloomin' Brands, Inc. (NASDAQ:BLMN) news were published by: Seekingalpha.com which released: “Bloomin’ Brands: Activists Smell Fresh Meat And Seem Likely To Feed – Seeking Alpha” on December 11, 2017, also Bizjournals.com with their article: “Bowl restaurant concept outlines Central Florida growth plans (PHOTOS) – Orlando Business Journal” published on August 27, 2018, Seekingalpha.com published: “Bloomin’ Brands rallies with bull camp more crowded – Seeking Alpha” on April 11, 2016. More interesting news about Bloomin' Brands, Inc. (NASDAQ:BLMN) were released by: Seekingalpha.com and their article: “Bloomin’ Brands sets profit guidance ahead of estimates – Seeking Alpha” published on October 29, 2018 as well as Benzinga.com‘s news article titled: “A Restaurant Pair Trade: Jack In The Box (NASDAQ:JACK) Vs. Bloomin Brands (NASDAQ:BLMN) – Benzinga” with publication date: January 19, 2018.

Since August 1, 2018, it had 0 buys, and 3 sales for $386,362 activity. The insider SMITH ELIZABETH A sold $2.82 million. $167,640 worth of Bloomin' Brands, Inc. (NASDAQ:BLMN) shares were sold by GROSSMAN MINDY F. Schmidt David Peter sold 3,500 shares worth $67,102.

The Bank of New York Mellon Corporation (NYSE:BK) Institutional Positions Chart

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