Highstreet Asset Management Inc. Increases Holdings in Bank Of Montreal (NYSE:BMO)

Baskin Financial Services Inc. now owns 22,467 shares of the bank's stock worth $1,696,000 after acquiring an additional 2,497 shares in the last quarter. The bank offers to all of their clients not just financial products, but knowledge-based solutions, custom-made to add value in their financial affairs.

Several other equities research analysts have also recently weighed in on the company. Bank Of Montreal had 28 analyst reports since August 4, 2015 according to SRatingsIntel. The fund owned 238,738 shares of the bank's stock after acquiring an additional 10,272 shares during the period. They set a neutral rating and a $81.00 price objective on the stock. TD Securities maintained Bank of Montreal (TSE:BMO) on Wednesday, March 1 with "Hold" rating. Finally, BidaskClub cut shares of Bank Of Montreal from a buy rating to a hold rating in a research report on Saturday, August 5th. The firm has "Hold" rating given on Thursday, May 26 by TD Securities. They set a "hold" rating for the company. Investors of record on Wednesday, February 1st will be given a dividend of 0.88 per share on Tuesday, February 28th. The company had a trading volume of 214,900 shares, compared to its average volume of 429,896.

The target payout ratio for Bank of Montreal is now measuring at 42.60%, outlining what size the company's dividends should be. Bank Of Montreal has a twelve month low of $63.02 and a twelve month high of $78.86. T_BMO's profit would be $1.30B giving it 12.17 P/E if the $2.01 EPS is correct.

Bank Of Montreal (NYSE:BMO) (TSE:BMO) last issued its earnings results on Tuesday, August 29th. Moreover, Bank Of New York Mellon Corp has 0% invested in the company for 51,066 shares. Bank Of Montreal had a return on equity of 14.36% and a net margin of 20.04%. The business had revenue of $5.46 billion for the quarter, compared to the consensus estimate of $5.52 billion. The company's EPS growth for the following year is valued at 3.15%, indicating an EPS value of 7.40% for the past 5 years, and an EPS value of 4.24% for the coming five years.

Td Asset Management Inc reports that it sold 24,977 shares last quarter decreasing its stake in Bank of Montreal (BMO) by 0.8%.

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The stock decreased 0.28% or $0.21 on November 10, reaching $76.6. The ex-dividend date is Tuesday, October 31st. This is assuming the current $2.02 EPS is accurate. Bank Of Montreal's payout ratio is 45.07%.

A number of hedge funds have recently added to or reduced their stakes in the stock. Zacks Investment Research upgraded Bank Of Montreal from a "hold" rating to a "buy" rating and set a $85.00 price target for the company in a research report on Tuesday, July 18th. Taylor Asset Management Inc trimmed its investment by selling 9,000 shares a decrease of 3.1% from 06/30/2017 to 09/30/2017. Arrowstreet Capital Limited Partnership boosted its holdings in Bank Of Montreal by 123.5% during the second quarter. Scotia Capital Inc. now owns 2,271,198 shares of the bank's stock worth $166,780,000 after buying an additional 758,940 shares during the last quarter. Vanguard Group Inc. now owns 14,592,498 shares of the bank's stock worth $1,071,673,000 after buying an additional 748,173 shares during the last quarter.

Bank of Montreal's sales for the past 5 years rolls at 3.00%, exhibiting an EPS growth from quarter-to-quarter at 9.80%. Bronfman E.L. Rothschild L.P. now owns 1,392 shares of the bank's stock valued at $102,000 after buying an additional 15 shares during the last quarter. Can lifted its position in shares of Bank Of Montreal by 6.8% in the 3rd quarter. Sei Investments Co. now owns 2,015 shares of the bank's stock valued at $174,000 after buying an additional 1,984 shares during the last quarter.

Bank of Montreal is a financial services provider.

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