Bank NS Halifax (BNS) Position Lifted by Jones Collombin Investment Counsel Inc

Sunday, 14 Jan, 2018

The Letko Brosseau & Associates Inc holds 6.84 million shares with $438.69M value, up from 6.81M last quarter. Bank Of Nova Scotia Trust Company who had been investing in Bank N S Halifax for a number of months, seems to be less bullish one the $77.80 billion market cap company.

Bank of Nova Scotia (BNS) traded down $0.59 during trading on Thursday, reaching $65.86. About 511,151 shares traded.

News headlines about Bank of Nova Scotia (NYSE:BNS) (TSE:BNS) have trended somewhat positive this week, Accern reports. It has underperformed by 0.18% the S&P500. Cubist Systematic Strategies Ltd Limited Liability Company has invested 0.18% in KB Home (NYSE:KBH). The Ativo Capital Management Llc holds 16,701 shares with $1.51 million value, up from 12,501 last quarter. 3M Co now has $144.32B valuation. The stock increased 0.26% or $0.25 during the last trading session, reaching $97.5. Eastman Chemical Company (NYSE:EMN) has risen 7.60% since January 11, 2017 and is uptrending. It has outperformed by 1.89% the S&P500.

Since August 9, 2017, it had 0 buys, and 4 selling transactions for $15.68 million activity. The insider THULIN INGE G sold $1.59M. TheStreet downgraded the shares of KBH in report on Friday, October 16 to "Hold" rating. During the same quarter in the prior year, the company posted $1.45 earnings per share. HORNBAKER RENEE J had sold 4,000 shares worth $337,720. Lindekugel Jon T had sold 400 shares worth $92,023 on Tuesday, October 31. $117,936 worth of Eastman Chemical Company (NYSE:EMN) shares were sold by COX MARK K. Cetera Investment Advisers purchased a new stake in shares of Bank of Nova Scotia during the 2nd quarter valued at $207,000. It also upped Vanguard Ftse Developed Markets Etf (VEA) stake by 137,354 shares and now owns 165,637 shares. Advantage Oil & Gas Ltd. (NYSE:AAV) was raised too. 3M had 71 analyst reports since July 24, 2015 according to SRatingsIntel. Bank of Nova Scotia presently has an average rating of "Buy" and a consensus target price of $85.80. The firm has "Buy" rating by Jefferies given on Monday, May 2. The company was maintained on Thursday, August 20 by Deutsche Bank. RBC Capital Markets has "Outperform" rating and $73 target. On Wednesday, October 14 the stock rating was initiated by RBC Capital Markets with "Outperform". The rating was maintained by RBC Capital Markets on Wednesday, December 2 with "Outperform". Canaccord Genuity has "Buy" rating and $87.0 target.

Bank of Nova Scotia (The) (NYSE:BNS) last announced its quarterly earnings results on Tuesday, November 29th. They expect $0.30 earnings per share, down 23.08% or $0.09 from last year's $0.39 per share. MMM's profit will be $1.20B for 29.99 P/E if the $2.02 EPS becomes a reality. Its up 0.26, from 1.55 in 2017Q2. It is positive, as 32 investors sold EMN shares while 175 reduced holdings. 101 funds opened positions while 417 raised stakes. 115.86 million shares or 0.58% less from 116.54 million shares in 2017Q2 were reported.

Investors sentiment increased to 1.81 in 2017 Q3. Matrix Asset Advisors Ny owns 0.06% invested in 3M Company (NYSE:MMM) for 1,650 shares. ARP Americas LLC acquired a new stake in shares of Bank of Nova Scotia in the third quarter valued at about $202,000. Kistler accumulated 0.33% or 3,722 shares. Qs Ltd holds 0.01% in Eastman Chemical Company (NYSE:EMN) or 7,502 shares. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 0.10. Amica Pension Fund Board Of Trustees invested 0.54% in 3M Company (NYSE:MMM). Garrison holds 39,912 shares. Ci Invs has invested 0% in 3M Company (NYSE:MMM). Credit Agricole S A reported 27,791 shares. Manufacturers Life Ins The stated it has 0.01% of its portfolio in KB Home (NYSE:KBH). 113,021 are owned by Howland Mgmt Limited Liability Corporation.

Ativo Capital Management Llc decreased Credicorp Ltd (NYSE:BAP) stake by 3,766 shares to 4,207 valued at $862,000 in 2017Q3. It also increased its holding in Groupe Cgi Inc (NYSE:GIB) by 13,682 shares in the quarter, for a total of 66,167 shares, and has risen its stake in Canadian Nat Res Ltd (NYSE:CNQ). Thomson Reuters Corp (NYSE:TRI) was reduced too.

Among 28 analysts covering KB Home (NYSE:KBH), 0 have Buy rating, 9 Sell and 19 Hold. Therefore 67% are positive. Citigroup upgraded shares of Bank of Nova Scotia from a "neutral" rating to a "buy" rating in a research report on Wednesday, September 20th. More interesting news about The Bank of Nova Scotia (NYSE:BNS) was released by: and their article: "Is the Options Market Predicting a Spike in The Bank of Nova Scotia (BNS) Stock?" with publication date: December 13, 2017. As per Monday, August 31, the company rating was maintained by RBC Capital Markets. Finally, Scotiabank restated a "buy" rating and set a $95.00 price objective on shares of Bank of Nova Scotia in a research report on Wednesday, November 22nd. Macquarie assumed coverage on shares of Bank of Nova Scotia in a research report on Tuesday, October 24th.