LSV Asset Management Trims Stock Position in State Street Corporation (NYSE:STT)\n\nLSV Asset Management reduced its stake in State Street Corporation by 4.2%, owning 4,806,710 shares post-sale, which makes it the firm's 17th biggest holding. The company currently owns 1.67% of State Street, valued at $430,345,000.\n\nState Street Corporation reported $2.53 earnings per share for the last quarter, exceeding analysts' expectations of $2.36. The company announced an increase in its quarterly dividend, with $0.84 to be paid on October 14th, up from $0.76. Analysts expect State Street Corporation to post 9.68 earnings per share for the current year. The stock has a consensus rating of 'Hold' with a target price of $112.\n\nState Street Corporation offers financial products and services to institutional investors worldwide, including investment servicing, middle office products, finance leasing, foreign exchange, securities finance, and investment manager operations outsourcing. The firm provides custody, accounting, regulatory reporting, investor analytics, and performance analytics. The company's financial data includes a 50-day simple moving average of $104.11, a 200-day simple moving average of $96.23, a beta of 1.48, and a market cap of $30.96 billion. The firm's debt-to-equity ratio is 1.09, with a quick ratio and current ratio of 0.57. The payout ratio is 34.04%.

LSV Asset Management Trims Stock Position in State Street Corporation (NYSE:STT)

LSV Asset Management reduced its stake in State Street Corporation by 4.2%, owning 4,806,710 shares post-sale, which makes it the firm's 17th biggest holding. State Street reported $2.53 earnings per share for the last quarter, exceeding expectations, and announced a dividend increase. The company has a market cap of $30.96 billion and a debt-to-equity ratio of 1.09.