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