Hillsdale Investment Management Inc. Decreases Holdings in Bank Of Montreal $BMO

robot
Abstract generation in progress

Hillsdale Investment Management Inc. reduced its stake in Bank Of Montreal (NYSE:BMO) by 5.0% in Q3, now holding 525,022 shares valued at approximately $68.4 million. Despite this reduction, BMO’s stock has recently risen by 1.7%, reaching a market capitalization of $103.1 billion, spurred by an earnings beat with an EPS of $2.36 against a $2.16 consensus. The bank also increased its quarterly dividend to $1.67, offering an annualized yield of 4.6%, and analysts widely rate the stock as a “Moderate Buy” with a target price of $163.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin