Great West Life Assurance Company Increased Its Bank N S Halifax (BNS) Stake by $7.06 Million as Shares Declined

The Bank of Nova Scotia (NYSE:BNS) Corporate Logo

Great West Life Assurance Company’s holdings in Bank N S Halifax (BNS) is upped by 0.86% based on its latest 2018Q3 regulatory filing with the SEC. 119,591 shares were bought by Great West Life Assurance Company as the company’s stock declined 5.88% with the market. The major banks company announced $841.31M value for the 2018Q3. Now the institutional investor is holding 14.10M shares, compared to the 13.98 million from the previous quarter. $68.81B is the market cap of Bank N S Halifax. BNS touched $56.29 during the last trading session after $0.06 change.Currently The Bank of Nova Scotia is downtrending after 16.84% change in last February 14, 2018. BNS has also 444,915 shares volume. BNS underperformed by 16.84% the S&P 500.

Great West Life Assurance Company decreased its stake in Conagra Brands Inc (NYSE:CAG) by 124,767 shares to 330,316 shares, valued at $11.23M in 2018Q3, according to the filing. It manages about $42.09B US Long portfolio. Great West Life Assurance Company has cut its stake in Tyson Foods Inc (NYSE:TSN) and also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 729,251 shares in the quarter, for a total of 7.66 million shares.

For more The Bank of Nova Scotia (NYSE:BNS) news posted briefly go to: Seekingalpha.com, Seekingalpha.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Recent Buy – Bank Of Nova Scotia – Seeking Alpha” posted on October 16, 2018, “Bank Of Nova Scotia: Investors Should Look Beyond Near-Term Weakness – Seeking Alpha” on September 04, 2018, “Bank Of Nova Scotia: Should We Be Concerned About Its Low Growth Rate? – Seeking Alpha” with a publish date: December 18, 2018, “Disruption Is Creating Opportunity In Canadian Banking – Seeking Alpha” and the last “Bank Of Nova Scotia Is Banking On Latin America – Seeking Alpha” with publication date: November 29, 2018.

The Bank of Nova Scotia (NYSE:BNS) Ratings Coverage

A total of 6 analysts rate Bank of Nova Scotia (NYSE:BNS) as follows: 4 “Buy”, 2 “Hold” and 0 “Sell”. Š¢herefore 67% are bullish. (NYSE:BNS) has 6 ratings reports on 14 Feb 2019 according to StockzIntelligence. On Wednesday, August 29 the firm has “Hold” rating by Canaccord Genuity given. The stock rating was maintained by IBC with “Buy” on Tuesday, November 27.

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