Park National Lifted Bank Of New York Mellon (BK) Stake; WORLEY PARSONS LTD ORDINARY SHARES AUST (WYGPF) Shorts Up By 63.15%

WorleyParsons Limited (OTCMKTS:WYGPF) Logo

Park National Corp increased Bank Of New York Mellon Corp (BK) stake by 10.95% reported in 2017Q4 SEC filing. Park National Corp acquired 29,680 shares as Bank Of New York Mellon Corp (BK)’s stock declined 6.07%. The Park National Corp holds 300,734 shares with $16.20M value, up from 271,054 last quarter. Bank Of New York Mellon Corp now has $55.66B valuation. The stock increased 5.70% or $2.98 during the last trading session, reaching $55.24. About 7.84M shares traded or 55.10% up from the average. The Bank of New York Mellon Corporation (NYSE:BK) has risen 9.66% since April 20, 2017 and is uptrending. It has underperformed by 1.89% the S&P500.

WORLEY PARSONS LTD ORDINARY SHARES AUST (OTCMKTS:WYGPF) had an increase of 63.15% in short interest. WYGPF’s SI was 253,700 shares in April as released by FINRA. Its up 63.15% from 155,500 shares previously. With 400 avg volume, 634 days are for WORLEY PARSONS LTD ORDINARY SHARES AUST (OTCMKTS:WYGPF)’s short sellers to cover WYGPF’s short positions. The SI to WORLEY PARSONS LTD ORDINARY SHARES AUST’s float is 0.15%. The stock increased 0.93% or $0.11 during the last trading session, reaching $11.9. About shares traded. WorleyParsons Limited (OTCMKTS:WYGPF) has 0.00% since April 20, 2017 and is . It has underperformed by 11.55% the S&P500.

WorleyParsons Limited provides professional services to the resources and energy sectors in Australia and internationally. The company has market cap of $3.44 billion. The firm provides engineering design and project delivery services, including providing maintenance, reliability support services, and advisory services. It has a 109.17 P/E ratio. The firm offers engineering and project management services to the floating production systems, heavy oil and oil sands, offshore topsides, offshore pipelines and subsea systems, onshore pipelines and receiving terminals, onshore gas and oil production facilities, sulphur recovery plants, arctic and cold climate, and unconventional gas and oil facilities, as well as for petrochemicals, refining, and LNG sectors.

Among 25 analysts covering The Bank Of New York Mellon Corporation (NYSE:BK), 11 have Buy rating, 3 Sell and 11 Hold. Therefore 44% are positive. The Bank Of New York Mellon Corporation has $66 highest and $5 lowest target. $51.77’s average target is -6.28% below currents $55.24 stock price. The Bank Of New York Mellon Corporation had 82 analyst reports since July 22, 2015 according to SRatingsIntel. As per Friday, January 8, the company rating was maintained by Deutsche Bank. The firm has “Hold” rating given on Monday, November 13 by RBC Capital Markets. The stock has “Buy” rating by Deutsche Bank on Monday, July 18. The rating was maintained by Jefferies with “Hold” on Monday, July 11. The firm has “Outperform” rating by CLSA given on Friday, September 23. The stock has “Buy” rating by Argus Research on Tuesday, July 21. The rating was upgraded by Citigroup on Wednesday, January 10 to “Buy”. The stock of The Bank of New York Mellon Corporation (NYSE:BK) earned “Equal-Weight” rating by Morgan Stanley on Friday, October 21. The stock has “Buy” rating by Deutsche Bank on Friday, September 9. The stock of The Bank of New York Mellon Corporation (NYSE:BK) has “Neutral” rating given on Friday, January 6 by JP Morgan.

The Bank of New York Mellon Corporation (NYSE:BK) Institutional Positions Chart