Reviewing State Street Corporation (STT)’s and Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO)’s results

Both State Street Corporation (NYSE:STT) and Nuveen Ohio Quality Municipal Income Fund (NYSE:NUO) are Asset Management companies, competing one another. We will contrast their institutional ownership, profitability, risk, analyst recommendations, dividends, earnings and valuation.

Earnings & Valuation

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
State Street Corporation 11.97B 2.19 2.41B 6.33 11.29
Nuveen Ohio Quality Municipal Income Fund 17.65M 15.11 N/A -0.05 0.00

Table 1 showcases the top-line revenue, earnings per share and valuation of State Street Corporation and Nuveen Ohio Quality Municipal Income Fund.

Profitability

Table 2 demonstrates the net margins, return on equity and return on assets of State Street Corporation and Nuveen Ohio Quality Municipal Income Fund.

Net Margins Return on Equity Return on Assets
State Street Corporation 20.13% 12% 1%
Nuveen Ohio Quality Municipal Income Fund 0.00% 0% 0%

Dividends

State Street Corporation pays out an annual dividend of $1.78 per share while its dividend yield is 2.48%. Nuveen Ohio Quality Municipal Income Fund also pays out annual dividends at $0.65 per share and at a 4.5% dividend yield.

Analyst Ratings

The following table given below contains the ratings and recommendations for State Street Corporation and Nuveen Ohio Quality Municipal Income Fund.

Sell Ratings Hold Ratings Buy Ratings Rating Score
State Street Corporation 1 2 5 2.63
Nuveen Ohio Quality Municipal Income Fund 0 0 0 0.00

The average price target of State Street Corporation is $84.4, with potential upside of 21.21%.

Insider & Institutional Ownership

State Street Corporation and Nuveen Ohio Quality Municipal Income Fund has shares held by institutional investors as follows: 89.5% and 24.52%. State Street Corporation’s share held by insiders are 0.4%. Competitively, 0.17% are Nuveen Ohio Quality Municipal Income Fund’s share held by insiders.

Performance

Here are the Weekly, Monthly, Quarterly, Half Yearly, Yearly and YTD Performance of both pretenders.

Performance (W) Performance (M) Performance (Q) Performance (HY) Performance (Y) Performance (YTD)
State Street Corporation -1.35% 0.83% -3.89% -18.61% -31.64% 13.35%
Nuveen Ohio Quality Municipal Income Fund -0.07% 0.78% 7.26% 2.15% 0.49% 6.7%

For the past year State Street Corporation was more bullish than Nuveen Ohio Quality Municipal Income Fund.

Summary

On 11 of the 12 factors State Street Corporation beats Nuveen Ohio Quality Municipal Income Fund.

State Street Corporation, through its subsidiaries, provides a range of financial products and services to institutional investors worldwide. The company offers investment servicing products and services, including custody; product- and participant-level accounting; daily pricing and administration; master trust and master custody; record-keeping; cash management; foreign exchange, brokerage, and other trading services; securities finance; deposit and short-term investment facilities; loans and lease financing; investment manager and alternative investment manager operations outsourcing; and performance, risk, and compliance analytics. It also provides investment management services, such as investment management, investment research, and investment advisory services to corporations, public funds, and other sophisticated investors, as well as offers active and passive asset management strategies across equity, fixed-income, and cash asset classes. The company offers its products and services to mutual funds, collective investment funds and other investment pools, corporate and public retirement plans, insurance companies, foundations, endowments, and investment managers. State Street Corporation was founded in 1792 and is headquartered in Boston, Massachusetts.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.