Economy

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

Latest


31 October 2017
WhatsApp to bring in-chat payment option to India by December
Further, once the user taps the Rupee button, then he/she will be able to either send or request money from another contact. The feature allows users to share their location with a friend of theirs for a period of 15 minutes, 1 hour or 8 hours.

31 October 2017
At least 29 dead in Mogadishu hotel attack
Other victims included a senior Somali police colonel, a former MP and a former government minister. A government minister and a cleric were among some 30 people rescued, policeman Mohamed Dahir said.

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
Are Remy Ma and Lil Kim cooking up Nicki Minaj dis track?
Remy Ma has just signed a new record deal with Columbia Records, and she's already taking aim at her rap nemesis Nicki Minaj . I'm not even thinking about ol' girl! That's never on my mind. "So I hate the fact of that being in the equation".

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
Boston Scientific Corporation (BSX) Releases Q4 Earnings Guidance
The ratio also provides a clue to how much investors are paying for what would be left if the company went bankrupt immediately. The company reported the earnings of $0.31/Share in the last quarter where the estimated EPS by analysts was $0.31/share.

31 October 2017
Liverpool's Dejan Lovren reveals 'disgusting' death threat made against his family
Lovren took to social media on Tuesday to show the vile threats he has received from a user, appearing to be a Reds supporter. Joel and Dejan were exchanging passes and then in the last one, he felt something in the muscle".

31 October 2017
Michael Jackson top earning dead celebrity with $75M
Singing legends Elvis Presley with 35M (US) and Bob Marley with 23M (US) have secured fourth and fifth position (s) respectively. The King of Pop continues to win the hearts of people to this day, precisely eight years after his demise.

31 October 2017
Ineos snaps up British fashion brand Belstaff
This ties in perfectly with INEOS chairman Jim Ratcliffe's ambition to bring back production of the Land Rover Defender to the UK. INEOS is the 200th largest company in the world and employs 18,500 people across 105 sites in 22 countries.

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.



Recommended