Bank of Montreal (TSE:BMO) (NYSE:BMO) Director Thomas Earl Flynn sold 23,000 shares of the firm’s stock in a transaction on Monday, March 5th. The stock was sold at an average price of C$96.08, for a total value of C$2,209,840.00.
Thomas Earl Flynn also recently made the following trade(s):
- On Friday, March 2nd, Thomas Earl Flynn sold 20,000 shares of Bank of Montreal stock. The shares were sold at an average price of C$95.98, for a total value of C$1,919,600.00.
Shares of Bank of Montreal (TSE BMO) traded up C$0.51 on Wednesday, reaching C$98.58. 499,278 shares of the company’s stock traded hands, compared to its average volume of 1,481,988. Bank of Montreal has a 1-year low of C$88.63 and a 1-year high of C$105.55. The firm has a market capitalization of $63,570.00, a P/E ratio of 13.84 and a beta of 0.69.
The business also recently declared a quarterly dividend, which will be paid on Monday, May 28th. Stockholders of record on Tuesday, May 1st will be issued a dividend of $0.93 per share. The ex-dividend date of this dividend is Monday, April 30th. This represents a $3.72 annualized dividend and a dividend yield of 3.77%. Bank of Montreal’s dividend payout ratio (DPR) is presently 50.63%.
Several equities analysts have recently weighed in on the company. CSFB raised their price objective on Bank of Montreal from C$103.00 to C$107.00 in a report on Friday, January 19th. National Bank Financial lifted their price target on Bank of Montreal from C$103.00 to C$106.00 and gave the stock a “sector perform” rating in a report on Friday, January 12th. Citigroup lifted their price target on Bank of Montreal from C$112.00 to C$116.00 in a report on Monday, December 18th. Royal Bank of Canada lifted their price target on Bank of Montreal from C$108.00 to C$116.00 and gave the stock a “sector perform” rating in a report on Wednesday, December 6th. Finally, Scotiabank boosted their price objective on Bank of Montreal from C$112.00 to C$114.00 and gave the stock an “outperform” rating in a report on Wednesday, December 6th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of C$109.00.
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Bank of Montreal Company Profile
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.
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