UBS AG upgraded shares of Bank of New York Mellon Corp. (NYSE:BK) from a neutral rating to a buy rating in a research note released on Tuesday morning, TheFlyOnTheWall.com reports. They currently have $38.00 target price on the stock, up from their previous target price of $33.00. The Bank of New York Mellon Corporation (NYSE:BK) stock opened at $33.48 in last session, and closed at $33.22, while the day range of The Bank of New York Mellon Corporation (NYSE:BK) stock is $33.08 – $33.53. The stock showed a positive weekly performance of 2.53%.
INVESCO (NYSE:IVZ) Director Colin Meadows unloaded 50,000 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $34.44, for a total transaction of $1,722,000.00. Following the completion of the transaction, the director now directly owns 332,290 shares in the company, valued at approximately $11,444,068. Invesco Ltd. (NYSE:IVZ) stock opened at $34.89 in last session, and closed at $34.75 by losing -0.32%. The 52 week range of $27.64 – $36.88. Company’s market capitalization is $15.47 billion.
Blackstone Group L.P. (NYSE:BX) announced yesterday that it’s buying Accuvant from previous backer, Sverica International, for an undisclosed amount. Reuters reports the amount is $225 million, with the remaining 20 percent of the company remaining in the hands of Accuvant’s management team and Sverica. The Blackstone Group L.P. (NYSE:BX) stock decreased -2.10% and finished the last session at $34.44. The EPS of the stock remained 1.98. Company’s market capitalization is $20.39 billion.
WisdomTree Investments (NASDAQ:WETF) CEO Jonathan L. Steinberg unloaded 37,500 shares of the stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $15.37, for a total transaction of $576,375.00. Following the transaction, the chief executive officer now directly owns 5,375,306 shares in the company, valued at approximately $82,618,453. WisdomTree Investments, Inc. (NASDAQ:WETF) stock opened the session at $15.38, and closed the session at $14.93. The 52 week range of the WisdomTree Investments, Inc. (NASDAQ:WETF) stock remained $9.51 – $18.50 and the day range was $14.76 – $15.65.