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Fiera Capital Corp Buys 101,739 Shares of Bank Of Montreal $BMO
Fiera Capital Corp increased its stake in Bank of Montreal (BMO) by 2.6% in the third quarter, purchasing an additional 101,739 shares to hold a total of 3,967,220 shares, valued at approximately $516.3 million. Bank of Montreal exceeded quarterly earnings expectations with an EPS of $2.36 and revenue of $6.67 billion, prompting the bank to raise its quarterly dividend to $1.67 per share. The article also notes that while BMO currently holds a “Moderate Buy” rating, some analysts suggest other stocks might offer better investment opportunities.