Hotchkis & Wiley Capital Management Reduces $26M in State Street Corporation ($STT)
Key Points
- Hotchkis & Wiley Capital Management changed its State Street Corporation ($STT) stake by 3.43% last quarter, cutting to 4,236,091 shares worth $718.44 million.
- $STT last traded around $169.60.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Hotchkis & Wiley Capital Management trimmed its position in State Street Corporation ($STT) by 3.43% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,236,091 shares of State Street Corporation after selling 150,653 shares during the quarter. Hotchkis & Wiley Capital Management's holdings in State Street Corporation were worth $718.44 million as of its most recent filing.
State Street Corporation Stock Down 12.3%
Shares of State Street Corporation ($STT) traded around $169.60 on Saturday, down 12.3% for the day.
State Street Corporation Earnings
State Street Corporation Dividend
Analysts Set New Price Targets
About State Street Corporation
State Street Corporation provides various financial products and services to institutional investors. It offers custody, accounting, and fund administration services for traditional and alternative assets, as well as multi-asset class investments; recordkeeping, client reporting, and investment book of record, transaction management, loans, cash, derivatives, and collateral services; investor services operations outsourcing; performance, risk, and compliance analytics; financial data management to support institutional investors; foreign exchange, brokerage, and other trading services; securities finance, such as prime services products; and deposit and short-term investment facilities. The company also provides the State Street Alpha platform that combines portfolio management, trading and execution, analytics and compliance tools, and advanced data aggregation and integration with other industry platforms and providers; front-office technology that automates and simplifies the institutional investment process comprising portfolio management and risk analytics, trading, and post-trade settlement with integrated compliance and managed data; investment management solutions; and portfolio management, trading compliance, and manager/sponsor communication. In addition, it offers investment management solutions, such as strategies across equity, fixed income, cash, multi-asset, and alternatives; and ETFs, custom indexed, managed funds, and mandates. The company provides its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, wealth managers, investment managers, foundations, and endowments. The company was founded in 1792 and is headquartered in Boston, Massachusetts.
Get State Street Corporation alerts
New 13F filings, insider trades, and analyst moves on $STT, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.