| 2024-04-25 | -0.72 % |
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| 2024-04-24 | +0.75 % |
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| 2024-04-22 | +1.6 % |
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| 2024-04-19 | +2.93 % |
- The article discusses insider transactions at M&T Bank Corp (NYSE:MTB), with a notable sale of common stock by Sr. Executive Vice President, Doris P. Meister, leading to a 2.93% increase in the stock price, indicating potential undervaluation based on metrics such as an attractive P/E ratio of 9.64, a PEG ratio of 0.63, a compelling dividend yield of 3.73%, positive earnings expectations, and increased confidence from analysts, hinting at a possible uptrend in the bank's financial performance.
- The article discusses M&T Bank (MTB) stock, which reported a 2.93% increase in its value recently. The stock went up due to investments made by various institutional investors, despite the company missing its earnings estimate in the last quarter.
- The article discusses M&T Bank (MTB) stock being up by 2.93% last night, following Wedbush analysts raising their Q2 2024 EPS estimates for the company and providing positive forecasts based on financial performance expectations, resulting in a bullish outlook for the stock.
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| 2024-04-18 | +0.19 % |
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| 2024-04-17 | +1.2 % |
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| 2024-04-16 | -2.52 % |
- The article discusses M&T Bank (MTB) stock, which was down 2.52% following an adjustment in price target by Keefe, Bruyette & Woods to $170, citing challenges like higher credit costs and a dip in Net Interest Income, despite surpassing Pre-Provision Net Revenue expectations. The stock decrease was attributed to particular challenges such as increasing credit costs due to a rise in nonaccrual loans, but also saw optimism from reduced Commercial Real Estate criticized loans and an increased NII guidance, suggesting potential room for growth based on historical dividend increases, attractive valuation metrics, and financial resilience despite some downward revisions in earnings forecasts.
- The M&T Bank (MTB) stock was down -2.52% last night; the stock might have decreased due to various factors like market conditions, economic outlook, company performance, or investor sentiment.
- Summary: M&T Bank Corporation has declared a quarterly cash dividend for its Series H Preferred Stock, but its stock was down by 2.52%.
Reason for M&T Bank stock going down: Stock prices can be influenced by a variety of factors, including overall market conditions, economic indicators, investor sentiment, company performance, and news related to the company. Without specific information from the article, it's difficult to pinpoint the exact reason for the decline in M&T Bank's stock price.
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| 2024-04-15 | +4.74 % |
- The M&T Bank (MTB) stock was up by 4.74% following strong first quarter earnings reports, along with other banking stocks like Goldman Sachs and Charles Schwab, which also saw gains on Monday.
- The article discusses M&T Bank's (MTB) stock going up by 4.74% after reporting results for the first quarter of 2024, and the increase may be attributed to positive earnings per share and revenue compared to analyst estimates.
- Summary: M&T Bank Corporation reported quarterly net income of $531 million with diluted earnings per common share at $3.02 and saw its stock increase by 4.74% after a solid start in 2024, with growth in loan portfolios and prudent expense management.
Reason for the stock increase: The stock of M&T Bank (MTB) went up by 4.74% following the company's positive financial performance in the first quarter of 2024, including growing loan portfolios, expense management, a strengthened liquidity and capital position, and solid earnings, all under the stewardship of its Chief Financial Officer, Daryl N. Bible.
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| 2024-04-11 | +0.24 % |
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| 2024-04-09 | +0.14 % |
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| 2024-04-05 | +0.43 % |
- The article discusses Straight Path Wealth Management's increased position in the iShares MSCI Intl Momentum Factor ETF, with other institutional investors also modifying their holdings in the company, thereby leading to the stock price increase; specifically, M&T Bank Corp raised its holdings by 13.8% in the 3rd quarter, ultimately contributing to the ETF's uptick in the market.
- The article discusses M&T Bank (MTB) stock, which was up by 0.43% last night, and highlights the State of Alaska Department of Revenue reducing its stake in the company while other institutional investors, hedge funds, and insiders have been buying and selling shares recently. The stock goes up due to positive investor sentiment, with recent activities including an increase in holdings by various entities and favorable analyst ratings, despite some negative adjustments in their most recent earnings report.
- The article discusses Pacer Advisors Inc. reducing its stake in Euronet Worldwide, Inc. (EEFT) and how several other hedge funds have also made changes to their positions in the business, resulting in M&T Bank Corp increasing its position in Euronet Worldwide by 3.8% during the third quarter, which could have contributed to the rise in the M&T Bank (MTB) stock.
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| 2024-04-04 | -0.68 % |
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| 2024-04-03 | -1.14 % |
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| 2024-04-02 | -1.79 % |
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| 2024-04-01 | -1.53 % |
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| 2024-03-28 | +0.44 % |
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| 2024-03-27 | +2.53 % |
- The article discusses Raymond James Trust N.A. purchasing shares of Euronet Worldwide, Inc., and various hedge funds increasing their stakes in the company leading to M&T Bank Corp's stock going up; Euronet Worldwide's positive research reports and earnings performance are cited as reasons behind the stock surge.
- The article provides information about AMETEK, Inc. stock, including recent insider selling, financial data, earnings report, dividend announcement, and analyst ratings. M&T Bank Corp is mentioned as one of the institutions that increased its stake in AMETEK. However, the article does not discuss why M&T Bank stock specifically went up by 2.53%.
- The article discusses Fort Washington Investment Advisors Inc. OH lessening its holdings in iShares Cohen & Steers REIT ETF, while several other institutional investors have either added to or reduced their stakes in the business, with M&T Bank Corp boosting its holdings in the ETF by 0.5%; the MTB stock went up by 2.53% last night likely due to these actions improving the outlook for the iShares Cohen & Steers REIT ETF the bank is invested in.
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| 2024-03-26 | -0.75 % |
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| 2024-03-22 | -2.54 % |
- Summary: The article discusses the increase in holdings of Hyatt Hotels Co. by various large investors, including M&T Bank Corp, and provides information about Hyatt Hotels' financial standing, including its earnings results and dividend payouts. However, the article does not specify why M&T Bank (MTB) stock went down by -2.54%, as it mainly focuses on Hyatt Hotels Co. and its investors.
Reason for M&T Bank (MTB) stock going down: Based on the information provided in the article, the decrease in M&T Bank (MTB) stock might be due to factors specific to the bank itself, market conditions, or other external factors that were not discussed in this particular article that focuses on Hyatt Hotels Co.
- The article discusses the stock performance of WalkMe (NASDAQ: WKME), which opened at $8.50 on Thursday, and reports on various equity analysts' ratings and target prices for the company. The decline in M&T Bank (MTB) stock price could potentially be attributed to negative market sentiment, general market conditions, or specific news related to the bank's operations, financial performance, or industry dynamics.
- Summary: Ferguson Wellman Capital Management Inc. reduced its stake in M&T Bank, leading to a decrease in the stock price; the stock went down 2.54% last night, reflecting investor actions and analyst ratings.
Reason for Stock Decline: The decrease in M&T Bank's stock price could be attributed to various factors including the reduction in stake by institutional investors like Ferguson Wellman Capital Management Inc., as well as mixed analyst ratings ranging from "hold" to "buy" and ratings downgrades that may have impacted investor sentiment.
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| 2024-03-21 | +1.86 % |
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| 2024-03-20 | +2.56 % |
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| 2024-03-19 | -0.94 % |
- The article discusses American Century Companies Inc. reducing its position in XPO, Inc. and other institutional investors buying and selling shares of the company, including M&T Bank Corp. who increased their stake in XPO by 3.1%. Additionally, research analysts have provided various ratings for XPO stock. The reason for M&T Bank (MTB) stock going down might be attributed to the negative outlook on XPO, Inc., of which it holds shares, as suggested by analysts and the decrease in American Century Companies Inc.'s position in XPO.
- Summary: The article discusses various hedge funds and institutional investors adjusting their positions in Coupang, Inc. (CPNG) and insider trading activities within the company, along with analyst ratings for the stock. M&T Bank Corp acquired a new position in Coupang but did not directly contribute to the stock going down; the -0.94% decrease may have been influenced by factors such as changes in investor sentiments, market conditions, or other company-specific developments.
M&T Bank (MTB) stock may have gone down due to external factors influencing the market or investor sentiment, rather than based on the specific actions of the bank or its investment in Coupang.
- The article discusses how Wedmont Private Capital increased its holdings in M&T Bank by 72% in the fourth quarter and various other institutional investors and hedge funds have also bought and sold shares of the company, resulting in M&T Bank's stock going down by -0.94%. The stock may have declined due to equities research analysts downgrading the bank from a "hold" to a "sell" rating, along with lower-than-expected quarterly earnings data and insider selling activities.
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| 2024-03-18 | +0.28 % |
- The article discusses SmartStop Self Storage REIT, Inc.'s financial results for the three and 12 months ended December 31, 2023, focusing on property acquisitions, financial activities, and operational highlights, and the M&T Bank (MTB) stock went up by 0.28% as of last night likely due to positive market sentiment or company-specific news.
- The article discusses M&T Bank Corporation's plan to announce its first quarter 2024 earnings results, with an upcoming conference call and webcast to discuss the earnings, which may contain forward-looking statements. The stock of M&T Bank (MTB) went up by 0.28% last night, likely in anticipation of these earnings results and related announcements.
- The article discusses Suburban Propane Partners, L.P. announcing the refinancing of its senior secured credit facility, led by a syndicate of banks including M&T Bank, resulting in the stock of Suburban Propane Partners, L.P. going up by 0.28% due to increased financial flexibility and extended debt maturities.
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| 2024-03-15 | +0.14 % |
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| 2024-03-12 | +0.29 % |
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| 2024-03-08 | -0.44 % |
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| 2024-03-06 | -1.54 % |
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| 2024-03-05 | +2.79 % |
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| 2024-03-01 | -2.03 % |
- The article discusses Connor Clark & Lunn Investment Management Ltd. decreasing its stake in Penumbra, Inc., and the impact on the stock was -2.03% down, possibly affecting M&T Bank's stock as well. Penumbra's stock might have declined due to various hedge funds making changes to their positions and several analysts lowering their price targets and ratings on the company.
- The article discusses Integral Ad Science (NASDAQ:IAS) stock, which had its target price reduced by Piper Sandler, leading to a -2.03% decrease in M&T Bank (MTB) stock last night, possibly due to mixed analyst ratings and target price reductions on IAS stock.
- Summary: C4 Therapeutics, Inc. (NASDAQ: CCCC) hit a new 52-week high, gaining attention from analysts with various price targets and ratings, and being influenced by institutional investors like M&T Bank Corp. purchasing a stake. M&T Bank (MTB) stock was down 2.03% last night due to factors unrelated to C4 Therapeutics, such as market conditions, economic data, or company-specific news affecting the banking sector.
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| 2024-02-29 | +1.17 % |
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| 2024-02-28 | -0.43 % |
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| 2024-02-27 | +2.25 % |
- Janney Montgomery Scott LLC increased its stake in BILL Holdings, Inc., which led to a rise in M&T Bank (MTB) stock last night by 2.25%; this increase was likely due to positive investor sentiment and increased confidence in BILL's financial performance following investments made by various large investors.
- The article discusses C4 Therapeutics, Inc. stock (NASDAQ: CCCC) receiving positive analyst recommendations and updates on its price targets, leading to its price opening at $9.51 on Friday and showing movement based on ratings and price objectives by various firms, possibly influencing M&T Bank Corp and other institutional investors to purchase positions in the stock.
- Summary: The article discusses the recent increase in M&T Bank (MTB) stock by 2.25%, attributing it to various hedge funds making changes to their positions in the company, such as Epoch Investment Partners Inc. reducing its holdings, while other entities like Tokio Marine Asset Management Co. Ltd. and NBC Securities Inc. acquired positions.
Reason for the stock going up: The stock might have gone up due to the increased interest and investment from different hedge funds, as well as positive analyst ratings and outlook on the company, as reflected by various financial institutions, which could have contributed to the upward momentum of MTB stock.
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| 2024-02-26 | -1.75 % |
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| 2024-02-23 | +0.09 % |
- The article discusses an increase in UBS Group AG's holding of iShares MSCI Intl Momentum Factor ETF and mentions other large investors modifying their holdings, such as M&T Bank Corp raising its stake in the ETF, leading to a stock price increase of 0.09% for M&T Bank (MTB) last night. The stock of M&T Bank (MTB) potentially went up due to the positive investment activity in the iShares MSCI Intl Momentum Factor ETF.
- The article discusses how investors have raised their positions in Wayfair Inc. stock, which indirectly led to an increase in M&T Bank Corp's stock as it also raised its position in Wayfair, with other institutional investors following suit, ultimately impacting the positive performance of M&T Bank's stock last night by 0.09%.
- The article provides information about the recent 0.09% increase in M&T Bank (MTB) stock and mentions some institutional investments in the company. The stock likely went up due to increased positions by investors like CI Investments Inc., Clear Street Markets LLC, Stonebridge Capital Advisors LLC, RVW Wealth LLC, Quarry LP, and Sunbelt Securities Inc., indicating positive sentiments towards the company, as well as the upcoming quarterly dividend payment.
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| 2024-02-20 | -0.69 % |
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| 2024-02-16 | +0.44 % |
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| 2024-02-15 | +1.14 % |
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| 2024-02-12 | +2.55 % |
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| 2024-02-07 | -1.36 % |
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| 2024-02-06 | -0.53 % |
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| 2024-02-05 | -0.38 % |
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| 2024-02-02 | +1.34 % |
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| 2024-02-01 | -4.61 % |
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| 2024-01-31 | -3.92 % |
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| 2024-01-30 | +0.68 % |
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| 2024-01-29 | +0.88 % |
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| 2024-01-26 | -0.37 % |
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| 2024-01-25 | -0.45 % |
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| 2024-01-23 | -0.11 % |
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| 2024-01-19 | +4.9 % |
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| 2024-01-18 | +1.47 % |
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| 2024-01-08 | -0.09 % |
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| 2023-12-22 | +0.23 % |
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| 2023-12-21 | +1.68 % |
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| 2023-12-15 | -1.59 % |
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| 2023-12-05 | -1.7 % |
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| 2023-12-04 | +1.27 % |
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| 2023-11-27 | -0.71 % |
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| 2023-11-21 | -1.17 % |
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| 2023-11-17 | +2.64 % |
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| 2023-11-15 | +1.61 % |
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| 2023-11-14 | +5.51 % |
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| 2023-11-08 | -1.44 % |
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| 2023-11-07 | -0.19 % |
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| 2023-11-03 | +3.46 % |
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| 2023-10-30 | +2.85 % |
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| 2023-10-27 | -3.64 % |
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| 2023-10-26 | +1.25 % |
- The M&T Bank (MTB) stock went up 1.25% last night, despite Warren Buffett's decision to sell off bank stocks due to concerns about the banking industry, including inflating profits and mismatching assets and liabilities. The overall decline in bank stocks this year is attributed to worries about a repeat of the regional banking crisis, exposure to commercial real estate, a slowing US economy, rising interest rates, government debt, and other challenges. Berkshire Hathaway, Buffett's investment firm, still holds positions in banks like Bank of America, Citigroup, and Jefferies.
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