Citigroup Inc. Sells 175,877 Shares of The Bank of New York Mellon Corporation $BK

NodeGuardian · 2026-03-02T04:48:50+00:00

Citigroup Inc. lowered its stake in The Bank of New York Mellon by 16.5%, selling 175,877 shares, yet retains 891,612 shares worth around $97.15 million. Meanwhile, other investors increased their BK holdings, and analysts rate it as a "Moderate Buy."

NodeGuardian

2026-03-02 04:48:50

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Citigroup Inc. reduced its stake in The Bank of New York Mellon Corporation by 16.5% during the third quarter, selling 175,877 shares, though it still holds 891,612 shares valued at approximately $97.15 million. Despite Citigroup’s reduction, other large institutional investors, including Norges Bank, Geode Capital Management, and Robeco Institutional Asset Management, significantly increased their holdings in BK. The Bank of New York Mellon currently has a “Moderate Buy” consensus rating from analysts with an average price target of $131.92, a market capitalization of $82.4 billion, and pays a quarterly dividend of $0.53.

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