|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||107.17 - 109.10|
|52 Week Range||74.45 - 109.10|
|PE Ratio (TTM)||18.84|
|Forward Dividend & Yield||1.68 (1.56%)|
|1y Target Est||N/A|
The US Senate recently passed the Tax Cuts and Jobs Act, which gives a tax break to corporates from 35.0% to 21.0%. BlackRock (BLK) had an adjusted tax rate of 31.3% in 4Q17, implying a 10.0% rise in earnings per share on the implementation of the bill. State Street Advisors (STT), T. Rowe Price (TROW), and Wells Fargo (WFC), which have domestic exposure, tend to benefit more than their peers.
BlackRock, Vanguard and State Street all like to use some version of the word ‘engage’ when describing how they hold their portfolio companies accountable. They differ on how that engagement is measured....
PNC Financial's (PNC) top line will likely benefit from loan growth and eased margin pressure. Its expense control efforts are also expected to lend support.
State Street Corporation (NYSE:STT) is currently trading at a trailing P/E of 17x, which is higher than the industry average of 16.5x. Although some investors may jump to the conclusionRead More...
BNY Mellon (BK) completes the sale of real asset investment boutique CenterSquare Investment Management to its management team and Lovell Minnick Partners.
State Street Corp (NYSE: STT ), the third-largest U.S. issuer of exchange traded funds, introduced three new ETFs Wednesday based on Kensho benchmarks. “Kensho deploys scalable machine learning and analytics ...
On the 17 January 2018, State Street Corporation (NYSE:STT) will be paying shareholders an upcoming dividend amount of $0.42 per share. However, investors must have bought the company’s stock beforeRead More...
Important news for shareholders and potential investors in State Street Corporation (NYSE:STT): The dividend payment of $0.42 per share will be distributed into shareholder on 17 January 2018, and theRead More...
In December 2017, of the 20 analysts tracking State Street Corporation (STT), five of them are recommending a “strong buy,” and 12 are suggesting a “hold.”
On a next 12-month basis, State Street Corporation (STT) has a PE (price-to-earnings) ratio of 13.9x. Its competitors’ average is 21.22x.
As of September 30, 2017, State Street Corporation (STT) reported total assets of $235.9 billion compared to $242.6 billion as of December 31, 2016.
In the first three quarters of 2017, State Street Corporation’s (STT) investment servicing division posted total revenues of $7.1 billion compared to $6.7 billion in the first three quarters of 2016.
In the first three quarters of 2017, State Street’s (STT) investment management division had total revenues of ~$1.3 billion compared to $971 million in the first three quarters of 2016.
Jan.22 -- Richard Lacaille, global chief investment officer at State Street Global Advisors, discusses the market impact of the U.S. Government shut down and his near-term investment outlook. He speaks with Bloomberg's Anna Edwards and Matt Miller on "Bloomberg Daybreak: Europe."