<div id="readability-page-1"><p>K.J. Harrison &amp; Partners Inc grew its stake in  Bank of Nova Scotia (The) (NYSE:BNS - Free Report) <span>TSE: BNS<span></span></span> by 19.6% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,630 shares of the bank's stock after purchasing an additional 10,104 shares during the period. K.J. Harrison &amp; Partners Inc's holdings in Bank of Nova Scotia were worth $3,402,000 at the end of the most recent reporting period.</p><p>A number of other institutional investors have also modified their holdings of the stock. PDS Planning Inc increased its holdings in shares of  Bank of Nova Scotia by 2.9% in the second quarter. PDS Planning Inc now owns 7,097 shares of the bank's stock valued at $392,000 after purchasing an additional 200 shares during the period.  Cromwell Holdings LLC increased its holdings in shares of  Bank of Nova Scotia by 7.8% in the second quarter. Cromwell Holdings LLC now owns 2,955 shares of the bank's stock valued at $163,000 after purchasing an additional 213 shares during the period.  Envestnet Asset Management Inc. increased its holdings in shares of  Bank of Nova Scotia by 4.0% in the second quarter. Envestnet Asset Management Inc. now owns 6,039 shares of the bank's stock valued at $334,000 after purchasing an additional 235 shares during the period.  CWM LLC increased its holdings in shares of  Bank of Nova Scotia by 15.8% in the second quarter. CWM LLC now owns 2,084 shares of the bank's stock valued at $115,000 after purchasing an additional 285 shares during the period.  Finally, Avantax Advisory Services Inc. increased its holdings in shares of  Bank of Nova Scotia by 0.5% in the first quarter. Avantax Advisory Services Inc. now owns 58,073 shares of the bank's stock valued at $2,754,000 after purchasing an additional 298 shares during the period. Institutional investors and hedge funds own  49.13% of the company's stock. </p><div><p><span></span><span>Get <strong>Bank of Nova Scotia</strong> alerts:</span></p></div><h2>Bank of Nova Scotia Stock Down 0.2%</h2><p>BNS opened at $65.55 on Monday. The business's fifty day moving average is $63.95 and its two-hundred day moving average is $57.23. The company has a debt-to-equity ratio of 0.66, a quick ratio of 1.03 and a current ratio of 1.03. The company has a market cap of $81.14 billion, a price-to-earnings ratio of 17.62, a PEG ratio of 1.49 and a beta of 1.16. Bank of Nova Scotia has a one year low of $44.09 and a one year high of $66.10. </p><p>Bank of Nova Scotia (NYSE:BNS - Get Free Report) <span>TSE: BNS<span></span></span> last issued its quarterly earnings data on Tuesday, August 26th. The bank reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.09. Bank of Nova Scotia had a return on equity of 11.61% and a net margin of 9.74%.The business had revenue of $6.85 billion for the quarter, compared to the consensus estimate of $9.29 billion. During the same period in the prior year, the business earned $1.63 earnings per share. The business's revenue was up 13.4% on a year-over-year basis.  Analysts anticipate that  Bank of Nova Scotia will post 4.91 EPS for the current fiscal year. </p><h2>Wall Street Analysts Forecast Growth</h2><p>A number of research analysts have recently issued reports on BNS shares. Weiss Ratings  reissued a &#34;buy (b-)&#34; rating on shares of Bank of Nova Scotia in a report on Wednesday, October 8th. Royal Bank Of Canada increased their price objective on Bank of Nova Scotia from $80.00 to $86.00 and gave the stock a &#34;sector perform&#34; rating in a research report on Wednesday, August 27th. Finally, Wall Street Zen upgraded Bank of Nova Scotia from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research report on Saturday, August 30th. Five equities research analysts have rated the stock with a Buy rating and five have assigned  a Hold rating to the company's stock. According to data from MarketBeat, the stock  has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $86.00.</p><p><b>Read Our Latest Stock Report on Bank of Nova Scotia</b></p><h2>About Bank of Nova Scotia</h2> (Free Report)<p>The Bank of Nova Scotia provides various banking products and services in Canada, the United States, Mexico, Peru, Chile, Colombia, the Caribbean and Central America, and internationally. It operates through Canadian Banking, International Banking, Global Wealth Management, and Global Banking and Markets segments.</p><h2>See Also</h2><ul><li>Five stocks we like better than Bank of Nova Scotia</li><li>How to Read Stock Charts for Beginners</li><li>3 Safe and Steady Stocks for Any Market</li><li>Basic Materials Stocks Investing</li><li>Is Lemonade Stock Set for a Big Squeeze After Earnings?</li><li>How to Invest in Small Cap Stocks </li><li>Caterpillar Stock Could Top $650 by Year’s End</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJOUw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUJOUw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Bank of Nova Scotia Right Now?</h2><p>Before you consider Bank of Nova Scotia, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of Nova Scotia wasn't on the list.</p><p>While Bank of Nova Scotia currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>K.J. Harrison & Partners Inc increased its stake in Bank of Nova Scotia (NYSE:BNS) by 19.6% in Q2, owning 61,630 shares valued at $3.4 million. Other institutional investors also raised their holdings. The bank reported Q2 earnings of $1.37 per share, exceeding estimates, with revenue of $6.85 billion. Analysts have a consensus rating of "Moderate Buy" for the stock, with a target price of $86.00. The stock opened at $65.55, with a market cap of $81.14 billion and a P/E ratio of 17.62.</p>

Bank of Nova Scotia (The) $BNS Shares Acquired by K.J. Harrison & Partners Inc