Economy

Newmont Mining Corporation (NEM) Position Increased by Aperio Group, LLC Last Quarter

Newmont Mining Corporation (NEM) Position Increased by Aperio Group, LLC Last Quarter”

Other research analysts also recently issued reports about the stock. Arizona State Retirement Sys has invested 0.13% in Newmont Mining Corp (NYSE:NEM).

TRADEMARK VIOLATION WARNING: "Newmont Mining Corporation (NEM) Given a $40.00 Price Target by FBR & Co Analysts" was first posted by TrueBlueTribune and is owned by of TrueBlueTribune. Aperio Group, LLC now holds 304,368 shares valued at $11,417,000. JPMorgan Chase & Co. raised shares of Newmont Mining Corp. from a "neutral" rating to an "overweight" rating and set a $43.00 price objective for the company in a research note on Thursday, November 3rd. Robeco Institutional Asset Mngmt Bv holds 0.05% in Newmont Mining Corp (NYSE:NEM) or 214,551 shares. Royal Bank Of Canada set a $41.00 price objective on Newmont Mining Corporation and gave the company a "hold" rating in a report on Monday, August 28th. Finally, Argus reissued a "hold" rating on shares of Newmont Mining Corp.in a research note on Wednesday, July 27th. Hussman Strategic Advisors Inc who had been investing in Newmont Mining Corp for a number of months, seems to be bullish on the $19.32B market cap company. The stock has a 50 day moving average of $37.74 and a 200-day moving average of $35.44. Stock's intraday price range hit the peak level of $36.35 and touched the lowest level of $35.67 besides its fifty two weeks range was $30.19- $39.62. The Return on Equity (ROE) and Return on Investment values are 0.8 percent and -4.1 percent respectively. (NYSE:NEM) last released its quarterly earnings results on Wednesday, October 26th.

At present, Newmont Mining Corporation has a dividend yield of 0.83% * with a payout ratio of 144.20% *. The firm had revenue of $1.88 billion during the quarter, compared to analysts' expectations of $1.86 billion. Next quarter's EPS is expected be $0.33 and the next full year EPS is anticipated to be $1.33. The company's quarterly revenue was up 4.9% on a year-over-year basis.

As of the last earnings report the EPS was $-0.90 and is projected to be $1.42 for the current year with 533,271,000 shares presently outstanding.

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 29th. The ex-dividend date is Thursday, December 7th. It last reported revenues of $1.88 billion and EPS of $0.35 for the September 2017, representing 5% top-line growth and 0.38 EPS growth. The value of the investment in Newmont Mining Corporation went from $8,098,000 to $4,314,000 decreasing 46.7% since the last quarter.

In other news, EVP Scott P. Lawson sold 1,500 shares of the firm's stock in a transaction dated Tuesday, October 25th. It is positive, as 73 investors sold NEM shares while 157 reduced holdings. Following the completion of the sale, the executive vice president now owns 44,795 shares in the company, valued at approximately C$1,612,172.05. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The stock was sold at an average price of $38.60, for a total transaction of $38,600.00. RBC Capital Markets maintained the stock with "Hold" rating in Tuesday, July 18 report. The fund owned 230,273 shares of the basic materials company's stock after selling 8,680 shares during the quarter. The disclosure for this sale can be found here. DnB Asset Management AS grew its position in Newmont Mining Corporation by 1.9% during the 2nd quarter.

As of quarter end Aperio Group, LLC had bought 2,406 shares growing its position 11.7%. Smith Affiliated Capital Corp. raised its stake in shares of Newmont Mining Corp.by 194.1% in the second quarter. Oppenheimer & Co. Inc. now owns 198,488 shares of the basic materials company's stock worth $6,542,000 after buying an additional 18,135 shares during the last quarter.

Public Employees Retirement System of OH lessened its stake in shares of Newmont Mining Corporation (NYSE:NEM) by 3.6% in the second quarter, according to the company in its most recent filing with the SEC. Solaris Asset Ltd Liability Corporation reported 5,005 shares stake.



Like this

loading...
loading...

Latest


31 October 2017
ECOWAS court orders Nigeria to pay N50bn compensation to Civil war Victims
The victims also asked the court to compel the federal government to rehabilitate the areas and compensate them for the damages. The document was signed on behalf of the plaintiffs by Chief Noel Chukwukadibia, Alex Williams and Chiemeka Okereke.

31 October 2017
Pyongyang denies it was behind NHS cyberattack
The South Korean government believes the North has a unit of 6,800 trained cyber-warfare specialists. Security firm Symantec also declared that Wannacry was the work of North Korean hackers.

31 October 2017
Liam Gallagher set to appear on 'Celebrity Gogglebox'
The Gogglebox Celebrity special - which will air Friday at 9pm - will be part of Channel 4's Stand Up To Cancer campaign. According to The Sun , an insider said: "Liam is one of the most opinionated celebrities ever".

31 October 2017
Oil price remains above $60 per barrel, but for how long?
Some analysts warn that even if the meeting's outcome is an extension to the cuts, the market could pull back. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.1% at $54.19 a barrel.

31 October 2017
German inflation slumps in October
The Bank of Japan kept monetary policy steady, despite efforts from its peers in the USA and Europe begin to wind down stimulus. However, inflation came out below expectations: 1.4% y/y on the headline and a big disappointment on core inflation: 0.9%.

31 October 2017
Germany: Arrest of a Syrian suspected of preparing a terrorist islamist
In the following weeks, he began to obtain chemicals and material required for the construction of the explosive device. Germany has been on high alert since December 2016 when 12 people died in a lorry attack in Berlin .

31 October 2017
Eagles acquire Jay Ajayi from Dolphins
ESPN's Kc Joyner, who studies every play, said Ajayi is for the most part maximizing available yardage. His 382 rushing yards after being hit by an initial tackler are fourth-most in the league.

31 October 2017
Analytical Preview of Twenty-First Century Fox, Inc. (FOXA)
Twenty-First Century Fox , Inc. on 6/29/2017 reported its EPS as $0.51 with the analysts projecting the EPS of the stock as $0.44. Following the completion of the sale, the director now owns 55,647 shares of the company's stock, valued at $1,558,672.47.

31 October 2017
Bank of America Corporation Downgrades Under Armour, Inc. (UAA) to Underperform
TRADEMARK VIOLATION WARNING: This article was originally reported by StockNewsTimes and is the property of of StockNewsTimes. The apparel retailer reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.25 by $0.04.

31 October 2017
JioPhone reportedly shifting to Android version soon
In terms of tariff, Reliance Jio has paired the JioPhone with Jio Dhan Dhana Dhan plan priced at Rs 153 per month. JioPhone has finally started to distribute their much hyped free feature phone (effectively after three years).