Bank of Montreal (TSE:BMO) (NYSE:BMO) insider Joanna Michelle Rotenberg sold 5,000 shares of the company’s stock in a transaction on Tuesday, September 4th. The stock was sold at an average price of C$107.17, for a total transaction of C$535,850.00.
Joanna Michelle Rotenberg also recently made the following trade(s):
- On Tuesday, June 12th, Joanna Michelle Rotenberg sold 3,000 shares of Bank of Montreal stock. The stock was sold at an average price of C$101.75, for a total transaction of C$305,250.00.
TSE:BMO traded up C$0.10 during trading hours on Thursday, hitting C$107.87. 1,761,185 shares of the company traded hands, compared to its average volume of 1,324,570. Bank of Montreal has a twelve month low of C$88.66 and a twelve month high of C$107.98.
The business also recently announced a quarterly dividend, which will be paid on Tuesday, November 27th. Investors of record on Thursday, November 1st will be paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a yield of 3.56%. The ex-dividend date is Wednesday, October 31st.
Several analysts recently issued reports on the stock. Canaccord Genuity raised shares of Bank of Montreal from a “hold” rating to a “buy” rating and upped their price objective for the stock from C$111.00 to C$118.00 in a report on Wednesday, August 29th. National Bank Financial upped their price objective on shares of Bank of Montreal from C$108.00 to C$115.00 and gave the stock an “outperform” rating in a report on Wednesday, August 29th. Royal Bank of Canada upped their price objective on shares of Bank of Montreal from C$124.00 to C$126.00 and gave the stock an “outperform” rating in a report on Wednesday, August 29th. CIBC upped their target price on shares of Bank of Montreal from C$109.00 to C$111.00 in a research note on Wednesday, August 29th. Finally, Eight Capital upped their target price on shares of Bank of Montreal from C$119.00 to C$124.00 in a research note on Wednesday, August 29th. Six analysts have rated the stock with a buy rating, The company has an average rating of “Buy” and an average price target of C$114.50.
About Bank of Montreal
Bank of Montreal provides diversified financial services primarily in North America. It operates through three groups: Personal and Commercial Banking, Wealth Management, and BMO Capital Markets. The company's personal banking products and services include checking and savings accounts, credit cards, mortgages, creditor insurance products, and financial and investment advice services; and commercial banking products and services comprise business deposit accounts, commercial credit cards, business loans and commercial mortgages, cash management solutions, foreign exchange, and specialized banking programs for small business and commercial banking customers.
Receive News & Ratings for Bank of Montreal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Montreal and related companies with MarketBeat.com's FREE daily email newsletter.