PensionDanmark Pensionsforsikringsaktieselskab Raises Stock Position in Bank of Nova Scotia (The) $BNS

Posted by Stanley Muller on Aug 8th, 2026

PensionDanmark Pensionsforsikringsaktieselskab boosted its position in Bank of Nova Scotia (The) (NYSE:BNS – Free Report) (TSE:BNS) by 9.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 178,226 shares of the bank’s stock after purchasing an additional 15,100 shares during the quarter. PensionDanmark Pensionsforsikringsaktieselskab’s holdings in Bank of Nova Scotia were worth $15,460,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in BNS. Maseco LLP purchased a new position in Bank of Nova Scotia during the first quarter worth about $30,000. Swiss RE Ltd. bought a new position in Bank of Nova Scotia in the 4th quarter worth about $30,000. Brown Brothers Harriman & Co. purchased a new stake in shares of Bank of Nova Scotia in the 4th quarter valued at about $34,000. Quarry LP purchased a new stake in shares of Bank of Nova Scotia in the 3rd quarter valued at about $35,000. Finally, CoreCap Advisors LLC boosted its position in shares of Bank of Nova Scotia by 1,366.7% during the 2nd quarter. CoreCap Advisors LLC now owns 440 shares of the bank’s stock valued at $38,000 after acquiring an additional 410 shares during the last quarter. Hedge funds and other institutional investors own 49.13% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on BNS shares. Weiss Ratings raised shares of Bank of Nova Scotia from a “buy (b)” rating to a “buy (a-)” rating in a research note on Monday. Royal Bank Of Canada boosted their price target on shares of Bank of Nova Scotia from $98.00 to $117.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $117.00.

Check Out Our Latest Analysis on BNS

Bank of Nova Scotia Stock Performance

Shares of NYSE BNS opened at $88.94 on Friday. The stock has a market cap of $108.62 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 1.10 and a beta of 1.11. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.69. Bank of Nova Scotia has a 1-year low of $55.84 and a 1-year high of $90.47. The stock’s 50-day moving average is $85.96 and its 200 day moving average is $78.55.

Bank of Nova Scotia (NYSE:BNS – Get Free Report) (TSE:BNS) last released its earnings results on Wednesday, May 27th. The bank reported $1.47 earnings per share for the quarter, topping analysts’ consensus estimates of $1.42 by $0.05. The company had revenue of $7.24 billion during the quarter, compared to the consensus estimate of $7.13 billion. Bank of Nova Scotia had a return on equity of 13.16% and a net margin of 13.38%.Bank of Nova Scotia’s quarterly revenue was up 8.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 EPS. On average, sell-side analysts anticipate that Bank of Nova Scotia will post 5.99 EPS for the current fiscal year.

Bank of Nova Scotia Profile

(Free Report)

Bank of Nova Scotia, commonly known as Scotiabank, is a Canadian multinational banking and financial services company founded in 1832 and headquartered in Toronto, Ontario. It is one of Canada’s largest banks and provides a broad range of financial services to retail, commercial, corporate and institutional clients. The bank combines a domestic Canadian franchise with an extensive international presence to serve customers across multiple markets.

Scotiabank’s core activities include personal and commercial banking, wealth management, corporate and investment banking, capital markets, and global transaction banking.