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M&T Bank Corp Add to portfolio

INX:MTB, Jun 26, 12:47 UTC

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Sunday, June 09


News

Cigna Investments Inc. New Sells 100 Shares of M&T Bank Co. (NYSE:MTB) – Mayfield Recorder

MTB

Other institutional investors have also recently modified their holdings of the company. IFP Advisors Inc lifted its holdings in shares of M&T Bank by 21.9% in the fourth quarter. IFP Advisors Inc now owns 351 shares of the financial services provider’s stock valued at $50,000 after purchasing an additional 63 shares in the last quarter. Finally, Wedbush upped their price target on shares of M&T Bank from $150.00 to $155.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 16th. M&T Bank Co. has a twelve month low of $133.78 and a twelve month high of $180.77. The financial services provider reported $3.35 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.30 by $0.05.

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  • Financial

Tuesday, June 04


News

M&T Bank Corporation Announces Second Quarter Earnings Conference Call

MTB

BUFFALO, N.Y., June 4, 2019 /PRNewswire/ -- M&T Bank Corporation ("M&T") (MTB) plans to announce its second quarter 2019 earnings results in a press release that will be issued before the market opens on Thursday, July 18, 2019. The conference call and webcast may contain forward-looking statements and other material information. Domestic callers wishing to participate in the call may dial toll free (877) 780-2276. International participants, using any applicable international calling codes, may dial (973) 582-2700. M&T's principal banking subsidiary, M&T Bank, operates banking offices in New York, Maryland, New Jersey, Pennsylvania, Delaware, Connecticut, Virginia, West Virginia and the District of Columbia.

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Friday, May 31


News

3 Big Stock Charts for Friday: AES, M&T Bank and Roper Technologies

MTB ROP +1 more MTB ROP AES

The S&P 500 ended the day up 0.21%, willing to hold just above its 200-day moving average line, but not willing to push up and off of it. BofA stock was pressured by renewed industry-wide worries, while shares of the telecom giant tumbled 2.3% after UBS analyst John Hodulik downgraded the company from a “Buy” rating, suggesting there’s no real growth opportunity for Verizon to plug into. Rather, it’s the stock charts of AES (NYSE:AES), M&T Bank (NYSE:MTB) and Roper Technologies (NYSE:ROP) that merit the deeper looks. One more misstep could push ROP stock over that edge and complete the slow, arching rollover move that began taking shape in April. As the daily chart readily shows, Roper has already fallen below its purple 50-day moving average line.

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Sunday, May 19


News

M&T Bank Corp Has Boosted Its Sherwin Williams Co (SHW) Holding by $6.01 Million; Market Value Rose

MTB SHW

The Maryland-based Sandy Spring Savings Bank has invested 0% in The Sherwin-Williams Company (NYSE:SHW). Ashfield Prtn Ltd Co has invested 0.65% in The Sherwin-Williams Company (NYSE:SHW). The institutional investor held 51,755 shares of the building materials company at the end of 2018Q4, valued at $20.36M, up from 36,465 at the end of the previous reported quarter. M&T Bank Corp, which manages about $17.42 billion US Long portfolio, decreased its stake in Newell Brands Inc (NYSE:NWL) by 765,306 shares to 205,137 shares, valued at $3.81M in 2018Q4, according to the filing. More interesting news about The Sherwin-Williams Company (NYSE:SHW) were released by: Prnewswire.com and their article: “Sherwin-Williams Mourns the Death of Lead Director John M. Stropki – PRNewswire” published on May 13, 2019 as well as Seekingalpha.com‘s news article titled: “Sherwin-Williams -1% after margins tighten – Seeking Alpha” with publication date: January 31, 2019.

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  • Financial

Sunday, May 05


News

BNP Paribas Arbitrage SA Reduces Position in M&T Bank Co. (MTB) – Finance Daily

MTB

BNP Paribas Arbitrage SA cut its stake in M&T Bank Co. (NYSE:MTB) by 33.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. Several other hedge funds and other institutional investors also recently made changes to their positions in MTB. Citigroup boosted their price objective on shares of M&T Bank from $162.00 to $172.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 19th. In other news, Director Gary N. Geisel sold 1,001 shares of the stock in a transaction dated Friday, March 1st.

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  • Financial

Tuesday, April 30


News

M&T Bank Corp Lifted Sherwin Williams Co (SHW) Position by $6.01 Million

MTB SHW

The institutional investor held 51,755 shares of the building materials company at the end of 2018Q4, valued at $20.36M, up from 36,465 at the end of the previous reported quarter. M&T Bank Corp who had been investing in Sherwin Williams Co for a number of months, seems to be bullish on the $41.87B market cap company. M&T Bank Corp, which manages about $17.42 billion US Long portfolio, decreased its stake in Halliburton Co (Call) (NYSE:HAL) by 689,505 shares to 20 shares, valued at $1,000 in 2018Q4, according to the filing. More notable recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Seekingalpha.com which released: “Sticking With A Buy Of Sherwin Williams – Seeking Alpha” on December 12, 2018, also Seekingalpha.com with their article: “Credit Suisse sees upside for Sherwin-Williams – Seeking Alpha” published on January 16, 2019, Seekingalpha.com published: “Sherwin-Williams Is Just Scratching The Surface After A 31% Dividend Increase – Seeking Alpha” on March 21, 2019.

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  • Financial

Monday, April 29


News

Piotrioski’s F-Score in Focus For These Stocks: Ameriprise Financial, Inc. (NYSE:AMP), M&T Bank Corporation (NYSE:MTB)

MTB

Investors may have a solid plan in place to start trading the equity market. Sometimes, these plans never get to be fully realized because of the lack of discipline in the early stages. When a new investor goes into the red right out the gate, there can be a tendency to take on too much risk trying to get back to even. The SMA 50/200 for Ameriprise Financial, Inc. (NYSE:AMP) is currently 1.00722. If the Golden Cross is greater than 1, then the 50 day moving average is above the 200 day moving average – indicating a positive share price momentum. If the Golden Cross is less than 1, then the 50 day moving average is below the 200 day moving average, indicating that the price might drop. The C-Score is calculated by a variety of items, including a growing difference in net income verse cash flow, increasing days outstanding, growing days sales of inventory, increasing assets to sales, declines in depreciation, and high total asset growth. This cash is what a company uses to meet its financial obligations, such as making payments on debt or to pay out dividends.

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  • Financial

Sunday, April 28


News

BNP Paribas Arbitrage SA Decreases Position in M&T Bank Co. (MTB) – Finance Daily

MTB

BNP Paribas Arbitrage SA reduced its stake in M&T Bank Co. (NYSE:MTB) by 33.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Wedbush increased their price target on shares of M&T Bank from $150.00 to $155.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 16th. M&T Bank Co. has a fifty-two week low of $133.78 and a fifty-two week high of $187.07. In related news, VP Michele D. Trolli sold 5,000 shares of the firm’s stock in a transaction that occurred on Friday, March 15th.

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Thursday, April 25


News

M&T Bank Corp Holds Stake in Sherwin Williams Co (SHW)

MTB SHW

The institutional investor held 51,755 shares of the building materials company at the end of 2018Q4, valued at $20.36M, up from 36,465 at the end of the previous reported quarter. The Sherwin-Williams Company (NYSE:SHW) has risen 10.40% since April 25, 2018 and is uptrending. M&T Bank Corp, which manages about $17.42B US Long portfolio, decreased its stake in Vanguard World Fds (VFH) by 72,622 shares to 908,199 shares, valued at $53.91 million in 2018Q4, according to the filing. More notable recent The Sherwin-Williams Company (NYSE:SHW) news were published by: Seekingalpha.com which released: “Sherwin-Williams: How To Crush The Market, Just Not Right Now – Seeking Alpha” on February 26, 2019, also Seekingalpha.com with their article: “PPG: I Will Pass Despite Its Attractive Valuation – Seeking Alpha” published on October 15, 2018, Seekingalpha.com published: “Sherwin-Williams Too Expensive Still – Seeking Alpha” on December 16, 2018.

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  • Financial

Tuesday, April 16


News

M&T Bank Corporation (MTB) Q1 2019 Earnings Call Transcript

MTB

Also, included in results for the first quarter was an addition to our reserves of $50 million relating to a subsidiary's role as trustee for customers' employee stock ownership plans. Also included in 2018's fourth quarter results was a $15 million reduction in M&T's provision for income taxes, arising from an IRS-approved change in tax treatment of certain loan fees, which was retroactive to set 2017. Also during last year's first quarter, M&T increased its reserve for litigation matters by a $135 million to reflect the status of then-current litigation. Just to reiterate those thoughts, we expect 2019 overall to look slightly better than 2018, with growth in total loans at a low single-digit pace.

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  • Financial