Today, the President & CEO of State Street Corp (STT), Ronald Hanley, sold shares of STT for $3.93M.
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Based on State Street Corp’s latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $3.1 billion and quarterly net profit of $440 million. In comparison, last year the company earned revenue of $2.9 billion and had a net profit of $370 million. STT’s market cap is $27.66B and the company has a P/E ratio of 11.16. Currently, State Street Corp has an average volume of 1.84M.
Based on 13 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $80.38, reflecting a 12.4% upside.
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State Street Corp. operates as a financial holding company. It conducts business primarily through State Street Bank. The company operates through following business lines: Investment Servicing and Investment Management.
