Fintel reports that on May 21, 2025, Jefferies initiated coverage of M&T Bank Corporation – Preferred Stock (NYSE:MTB.PRJ) with a Buy recommendation.
What is the Fund Sentiment?
There are 38 funds or institutions reporting positions in M&T Bank Corporation – Preferred Stock. This is an increase of 1 owner(s) or 2.70% in the last quarter. Average portfolio weight of all funds dedicated to MTB.PRJ is 0.73%, an increase of 2.59%. Total shares owned by institutions decreased in the last three months by 4.09% to 10,630K shares.
What are Other Shareholders Doing?
PFF - iShares Preferred and Income Securities ETF holds 2,789K shares. In its prior filing, the firm reported owning 2,865K shares , representing a decrease of 2.74%. The firm decreased its portfolio allocation in MTB.PRJ by 1.79% over the last quarter.
CPXAX - Cohen & Steers Preferred Securities & Income Fund, Inc. holds 1,420K shares. In its prior filing, the firm reported owning 1,626K shares , representing a decrease of 14.52%. The firm decreased its portfolio allocation in MTB.PRJ by 16.56% over the last quarter.
PGX - Invesco Preferred ETF holds 1,221K shares. In its prior filing, the firm reported owning 1,228K shares , representing a decrease of 0.64%. The firm increased its portfolio allocation in MTB.PRJ by 1.41% over the last quarter.
PGF - Invesco Financial Preferred ETF holds 595K shares. In its prior filing, the firm reported owning 580K shares , representing an increase of 2.60%. The firm increased its portfolio allocation in MTB.PRJ by 12.09% over the last quarter.
PFFD - Global X U.S. Preferred ETF holds 565K shares. In its prior filing, the firm reported owning 603K shares , representing a decrease of 6.70%. The firm decreased its portfolio allocation in MTB.PRJ by 3.26% over the last quarter.
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