STT - State Street Corporation
| Previous Close | 68.46 |
| Open | 68.46 |
| Bid | 51.00 x 1000 |
| Ask | 85.15 x 1800 |
| Day's Range | 67.91 - 68.89 |
| 52 Week Range | 57.87 - 114.27 |
| Volume | 2,201,928 |
| Avg. Volume | 3,269,865 |
| Market Cap | 26.059B |
| Beta (3Y Monthly) | 1.74 |
| PE Ratio (TTM) | 10.97 |
| EPS (TTM) | 6.26 |
| Earnings Date | Jan 18, 2019 |
| Forward Dividend & Yield | 1.88 (2.83%) |
| Ex-Dividend Date | 2018-12-31 |
| 1y Target Est | 80.56 |
- Markit•21 hours ago
See what the IHS Markit Score report has to say about State Street Corp.
# State Street Corp ### NYSE:STT View full report here! ## Summary * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for STT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STT. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $9.93 billion over the last one-month into ETFs that hold STT are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•2 days ago
Top Stock Reports for Disney, United Parcel Service & U.S. Bancorp
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- Yahoo Finance•3 days ago
Banks hope to shake off concerns over a global recession in earnings
Large cap banks, hobbled in equity markets by concerns over a looming recession, are set to report fourth quarter earnings this week.
- Zacks•5 days ago
Earnings Preview: State Street (STT) Q4 Earnings Expected to Decline
State Street (STT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Kiplinger•6 days ago
The 25 Best S&P 500 Stocks of the Past 50 Years
John D. Rockefeller is reputed to have said, "The only thing that gives me pleasure is to see my dividends coming in." Income investors hopefully lead fuller emotional lives than the richest American who ever lived, but they, like Rockefeller, should understand the long-term power of dividends. Just have a look at the best stocks of the past half-century. In every case but one - which is a very special case, indeed - dividend income was critical to generating superior returns over the long haul. S&P; Dow Jones Indices recently published a list of the 25 stocks in Standard & Poor's 500-stock index that generated the best returns over the past 50 years. By price appreciation alone, many of these stocks delivered underwhelming annualized returns. On a total-return basis (price appreciation plus dividends), however, these stocks blew away the broader market. Over the last 50 years, the S&P; 500 generated an annualized return including dividends of 9.5%. That's peanuts compared to the returns generated by the best stocks of the past half-century. Have a look at the best stocks of the past 50 years and you'll see that unless they're Warren Buffett (hint, hint), long-term investors should probably covet dividends like a Rockefeller. ### SEE ALSO: 101 Best Dividend Stocks to Buy for 2019 and Beyond
- Business Wire•6 days ago
Charles River and AcadiaSoft Form Business Alliance to Expand STP Support for OTC and Exchange Traded Derivatives
Automated margin call communication expands Charles River IMS collateral management capabilities
- Zacks•6 days ago
State Street to Lay Off 15% of Top Managers to Save Costs
State Street (STT) intends to increase the use of automation and streamline organizational structure to reduce costs.
- InvestorPlace•6 days ago
State Street Layoffs: Senior Management Face Big Cuts
A new round of State Street layoffs (NYSE:STT) was announced on Wednesday, affecting a large chunk of the company's senior management as it seeks to cut costs and trim its operations. The custodian bank, based out of Boston, Mass., announced that it has plans to lay off about 15% of its senior management, according to a Bloomberg report that cited people familiar with the matter. The layoffs will reportedly affect some of the company's most prominent positions, including its executive vice president and senior vice president roles, among others. The State Street layoffs will begin on Wednesday as the company seeks to continue its restructuring initiative geared towards reducing costs. The custodian bank has been seeking to make its structure leaner under the leadership of its CEO Ronald O'Hanley, who took over as company boss this month. InvestorPlace - Stock Market News, Stock Advice & Trading Tips He is also seeking to automate a chunk of the company's operations and simplify the organizational structure that it has had in place for years. The company plans on eventually cutting a total of 7,000 employees from its global workforce, which currently includes at least 39,000 workers. The move comes following an underwhelming earnings report for the company's latest quarter, which saw its profit miss expectations for the first time in the last two years. STT stock is up about 2.3% on Wednesday on the news. The stock declined a touch over 0.1% after the bell following the report. ### More From InvestorPlace * 7 A-Rated Tech Stocks That Will Power Innovation in 2019 * 10 Stocks That Won Big In 2018 * 10 Hot Companies Going Public in 2019 Compare Brokers The post State Street Layoffs: Senior Management Face Big Cuts appeared first on InvestorPlace.
- Bloomberg•6 days ago
State Street to Lay Off 15% of Senior-Management Ranks
The firm is cutting 15 percent of its senior management beginning Wednesday as it continues to tackle costs, according to people with knowledge of the matter, who asked not to be identified because the information is private. The bank has hundreds of senior managers, and those affected include executive vice presidents and senior VPs. Ronald O’Hanley, who took over this month as CEO of the money-management and custody-banking giant, is pushing to reduce expenses, automate more functions and simplify the organizational structure.
- American City Business Journals•7 days ago
State Street to lay off 15% of senior executives
The Boston-based company is seeking to keep expenses in check in the face of difficulties growing revenue.
Reuters•7 days agoState Street plans to lay off 15 percent of senior management: Bloomberg
Custodian bank State Street Corp plans to lay off 15 percent of its senior management, Bloomberg reported on Wednesday, citing people familiar with the matter. The lay-offs, which will affect executive vice president and senior vice president positions among others, will begin on Wednesday as the company continues to tackle costs, the report said. The company, under CEO Ronald O'Hanley, has been trying for austerity measures and to make the structure lean, the Bloomberg report said.
Reuters•7 days agoState Street plans to lay off 15 percent of senior management: Bloomberg
Custodian bank State Street Corp plans to lay off 15 percent of its senior management, Bloomberg reported on Wednesday, citing people familiar with the matter. The lay-offs, which will affect executive ...
- Business Wire•7 days ago
Charles River and Liquidnet Expand Multi-Asset Capabilities with Fixed Income Matching and Advanced Equity Trading Capabilities
Charles River Development, a State Street Company, and Liquidnet have expanded their partnership, enabling fixed income and enhancing equity trade blotter sweep capabilities within the Charles River Investment Management Solution .
- Markit•7 days ago
See what the IHS Markit Score report has to say about State Street Corp.
# State Street Corp ### NYSE:STT View full report here! ## Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for STT with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting STT. ## Money flow ETF/Index ownership | Positive ETF activity is positive. Over the last month, growth of ETFs holding STT is favorable, with net inflows of $18.33 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Business Wire•7 days ago
State Street Global Advisors Announces Impact of Receiving Payment
The SPDR® Exchange Traded Fund listed in the table below, announced today that the Fund received a payment as an authorized claimant from a class action settlement related to MF Global Holdings Ltd.
Bloomberg•8 days agoJunk Debt ETFs Add Cash as Panic Fades After High-Yield Rout
Cash has flowed into ETFs tracking high-yield debt this week, as stronger equity markets, rising oil prices and tighter credit spreads encourage investors to take more risk after last year’s rout. BlackRock Inc.’s iShares iBoxx High Yield Corporate Bond ETF took in $472 million on Monday, while a short-dated junk bond ETF run by State Street Corp. added $222 million, a record for the fund.
- GlobeNewswire•9 days ago
The Rosen Law Firm, P.A. Announces Proposed Class Action Settlement on Behalf of Purchasers of Common Stock of State Street Corporation -- STT
TO: ALL PERSONS WHO PURCHASED OR ACQUIRED STATE STREET CORPORATION COMMON STOCK FROM FEBRUARY 27, 2012 THROUGH JANUARY 18, 2017, INCLUSIVE. The Settlement Class consists of all persons who purchased or otherwise acquired common stock of State Street Corporation from February 27, 2012 through January 18, 2017, inclusive. If you are a Settlement Class Member, your rights will be affected by this settlement, and you may be entitled to share in the Settlement Fund.
- Business Wire•12 days ago
State Street Corporation Announces Date for Release of Fourth-Quarter 2018 Financial Results and Conference Call Webcast
State Street Corporation plans to release its fourth-quarter 2018 financial results on Friday, January 18, 2019. The results will be reviewed via webcast and teleconference at 10:00 a.m.
- GlobeNewswire•13 days ago
Analysis: Positioning to Benefit within Roku, Watsco, State Street, Federated Investors, Civeo, and Midstates Petroleum — Research Highlights Growth, Revenue, and Consolidated Results
NEW YORK, Jan. 03, 2019 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Bloomberg•16 days agoBuying the Dip Looks Risky as Bond ETFs Point to More Stock Pain
Money’s flooding into exchange-traded funds that buy Treasuries with a duration of less than one-year, boosting the size of a State Street Corp. fund that holds T-bills to a record. While bond ETFs are a small part of the overall fixed-income market, traders are increasingly looking to them for a real-time indication of sentiment, thanks to their daily transparency about flows and holdings. “Money talks,” said Will McGough, chief investment officer for retirement investment strategies at Stadion Money Management, which manages about $3.2 billion from Watkinsville, Georgia.
- Business Wire•19 days ago
State Street Global Advisors Announces Index Change for SPDR Nuveen Bloomberg Barclays Municipal Bond ETF
State Street Global Advisors, the asset management business of State Street Corporation , today announced a change to the benchmark of the SPDR Nuveen Bloomberg Barclays Municipal Bond ETF .
- American City Business Journals•21 days ago
O'Hanley takes reins with State Street facing challenges
Barring a big rally in 2018’s final days, State Street’s share price will have fallen by more than 35 percent this year. The drop is partially because investors are skeptical of the recent $2.6 billion acquisition of Burlington financial technology firm Charles River Development. Here's what analysts had to say.
- TheStreet.com•24 days ago
2 Stocks You Definitely Should Consider Shorting This Week
Using recent actions and grades from TheStreet's Quant Ratings and layering on technical analysis of the charts of those stocks, Trifecta Stocks identifies five names each Friday that look bearish. While we will not be weighing in with fundamental analysis we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
Markit•27 days agoSee what the IHS Markit Score report has to say about State Street Corp.
State Street Corp NYSE:STT
- Associated Press•29 days ago
Fidelity Southern and State Street rise; Molina tumbles
Stocks that moved substantially or traded heavily Monday: Molina Healthcare Inc., down $11.72 to $120 Insurers, hospitals and other health care companies fell after a Texas judge ruled that the 2010 Affordable ...
