1 week Ago By ABMN Staff
Orion Portfolio Solutions LLC boosted its holdings in shares of The Bank of Nova Scotia ( NYSE:BNS – Free Report ) (TSE:BNS) by 100.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 11,646 shares of the bank’s stock after acquiring an additional 5,825 shares during the quarter.
Orion Portfolio Solutions LLC’s holdings in Bank of Nova Scotia were worth $626,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Bank of Nova Scotia during the 4th quarter valued at about $25,000.
Bank Julius Baer & Co. Ltd Zurich acquired a new position in Bank of Nova Scotia in the fourth quarter worth about $31,000. Allworth Financial LP lifted its stake in Bank of Nova Scotia by 121.
1% during the fourth quarter. Allworth Financial LP now owns 639 shares of the bank’s stock worth $33,000 after purchasing an additional 350 shares during the period. BNP Paribas Financial Markets boosted its holdings in Bank of Nova Scotia by 1,588.
2% during the third quarter. BNP Paribas Financial Markets now owns 861 shares of the bank’s stock valued at $47,000 after purchasing an additional 810 shares in the last quarter. Finally, Fortitude Family Office LLC bought a new stake in shares of Bank of Nova Scotia in the 4th quarter valued at approximately $73,000.
Institutional investors own 49.13% of the company’s stock. Bank of Nova Scotia Stock Down 4.
7 % Shares of NYSE:BNS opened at $44.55 on Tuesday. The company has a quick ratio of 1.
03, a current ratio of 1.03 and a debt-to-equity ratio of 0.59.
The firm has a market cap of $55.48 billion, a P/E ratio of 10.31, a P/E/G ratio of 1.
16 and a beta of 1.02. The Bank of Nova Scotia has a 12 month low of $43.
68 and a 12 month high of $57.07. The company’s 50-day moving average price is $49.
30 and its two-hundred day moving average price is $52.10. Bank of Nova Scotia Cuts Dividend Wall Street Analysts Forecast Growth Several analysts recently commented on BNS shares.
Cibc World Mkts lowered Bank of Nova Scotia from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 18th. Royal Bank of Canada lowered their target price on shares of Bank of Nova Scotia from $83.00 to $81.
00 and set a “sector perform” rating on the stock in a report on Wednesday, February 26th. Bank of America downgraded shares of Bank of Nova Scotia from a “buy” rating to a “neutral” rating in a report on Monday, March 31st. Finally, CIBC reaffirmed a “neutral” rating on shares of Bank of Nova Scotia in a research note on Tuesday, February 18th.
One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $81.
00. View Our Latest Stock Analysis on Bank of Nova Scotia Bank of Nova Scotia Profile ( Free Report ) The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.
See Also Want to see what other hedge funds are holding BNS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Bank of Nova Scotia ( NYSE:BNS – Free Report ) (TSE:BNS). Receive News & Ratings for Bank of Nova Scotia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Nova Scotia and related companies with MarketBeat.
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