Newmont Mining Corporation (NEM) COO Sells $48250.00 in Stock

Doris Richards
September 20, 2017

Pax World Management LLC now owns 168,149 shares of the basic materials company's stock worth $5,447,000 after purchasing an additional 84,708 shares in the last quarter.

In related news, insider Gary J. Goldberg sold 1,000 shares of the stock in a transaction on Friday, September 1st. It has underperformed by 51.27% the S&P500. Henderson Public Limited Company has 0.02% invested in Newmont Mining Corp (NYSE:NEM) for 71,482 shares.

Shares of Newmont Mining Corporation (NYSE:NEM) opened at 37.78 on Tuesday.

On Monday, July 3rd, Thomas Ronald Palmer sold 1,250 shares of Newmont Mining Corporation stock. A 8 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE:HPP) or, if they already own its stock, sell it.

Newmont Mining Corporation (NYSE:NEM) traded up 1.00% during trading on Wednesday, reaching $38.47. It has underperformed by 18.19% the S&P500. BidaskClub lowered shares of Newmont Mining Corporation from a "hold" rating to a "sell" rating in a research note on Saturday, June 17th. Therefore 29% are positive. The SI to Newmont Mining Corporation's float is 2.01%. The firm earned "Corporate" rating on Monday, February 15 by FinnCap.

Raymond James starting coverage on the stock with a rating of "Outperform". The stock has a consensus rating of "Buy" and an average target price of $40.09. The company was maintained on Wednesday, January 6 by Northland Capital. The rating was downgraded by Scotia Capital to "Sector Perform" on Tuesday, January 10. Stock rose 11.93% over the trailing 6 months. Stifel Nicolaus downgraded the stock to "Hold" rating in Thursday, October 22 report. Jefferies maintained the shares of NEM in report on Tuesday, June 20 with "Hold" rating. The stock's market capitalization is $20.15 billion. With 5.30M avg volume, 2 days are for Newmont Mining Corporation (NYSE:NEM)'s short sellers to cover NEM's short positions. During the same period in the previous year, the firm earned $0.44 earnings per share. NEM's profit will be $154.66 million for 32.73 P/E if the $0.29 EPS becomes a reality. The basic materials company reported $0.46 EPS for the quarter, beating the consensus estimate of $0.26 by $0.20.

Since April 3, 2017, it had 0 insider buys, and 5 sales for $370,010 activity. Shares for $70,210 were sold by MacGowan William N on Tuesday, June 6.

Capstone Asset Management Company increased Genuine Parts Co (NYSE:GPC) stake by 3,656 shares to 80,363 valued at $7.68 million in 2016Q4. Nordea Mgmt owns 682,228 shares. Dunkin Brands Group Inc Com (NASDAQ:DNKN) was raised too. Its down 0.10, from 1 in 2016Q3. It increased, as 108 investors sold Newmont Mining Corp shares while 164 reduced holdings. 134 funds opened positions while 102 raised stakes. 367.62 million shares or 0.42% more from 366.10 million shares in 2016Q3 were reported. Commercial Bank Of Mellon Corp holds 700,000 shares. Jefferies maintained Newmont Mining Corp (NYSE:NEM) on Thursday, July 14 with "Hold" rating.

Newmont Mining Corporation (NYSE:NEM) traded up 0.82% during mid-day trading on Friday, hitting $38.09. Parametric Associates Lc has 1.34 million shares. Parkwood LLC increased its position in Newmont Mining Corporation by 0.9% during the first quarter. Riggs Asset Managment Co Inc owns 1 shares or 0% of their USA portfolio. Chevy Chase owns 624,377 shares. Marietta Inv Ptnrs Ltd Liability Com holds 8,830 shares or 0.11% of its portfolio. Schwab Charles Invest Mngmt has 0.06% invested in Newmont Mining Corp (NYSE:NEM). Mason Street Advsrs Ltd Company invested in 0.07% or 72,604 shares. (NASDAQ:SCHN) to report $0.59 EPS on October, 24.They anticipate $0.01 EPS change or 1.67% from last quarter's $0.6 EPS.

Investors sentiment decreased to 0.99 in Q4 2016. Its up 0.09, from 0.84 in 2016Q3. It worsened, as 86 investors sold KMI shares while 357 reduced holdings. 37 funds opened positions while 49 raised stakes. State Treasurer State Of Michigan holds 153,789 shares or 0.02% of its portfolio. Alabama-based Wealthtrust has invested 0.01% in QEP Resources Inc (NYSE:QEP). The Illinois-based Group One Trading LP has invested 0.16% in Kinder Morgan Inc (NYSE:KMI).

Pdt Partners Llc decreased Newmont Mining Corp (NEM) stake by 9.07% reported in 2016Q4 SEC filing. Boyer & Corporon Wealth Management LLC now owns 116,703 shares of the basic materials company's stock worth $3,780,000 after acquiring an additional 10,048 shares during the last quarter. 20,934 were reported by Cipher Ltd Partnership. Gradient Investments Ltd Liability Corp holds 200 shares. Ontario Teachers Pension Plan Board invested in 0.02% or 46,561 shares. Moreover, Oakbrook Invests Ltd has 0.09% invested in Newmont Mining Corp (NYSE:NEM). Ent Fincl Service reported 95 shares.

Analysts await Izea Inc (NASDAQ:IZEA) to report earnings on November, 13. Legacy Capital Partners Inc. now owns 9,865 shares of the basic materials company's stock valued at $326,000 after acquiring an additional 265 shares during the last quarter. It had closed the previous session at $37.85. Everence Capital Management Inc. now owns 21,097 shares of the basic materials company's stock valued at $683,000 after acquiring an additional 5,060 shares during the last quarter. Royal Bank of Canada set a $41.00 target price on Newmont Mining Corporation and gave the company a "hold" rating in a research report on Monday, August 28th. Therefore 25% are positive. Kinder Morgan had 56 analyst reports since July 30, 2015 according to SRatingsIntel. The rating was upgraded by Deutsche Bank to "Buy" on Thursday, August 13. The stock has "Buy" rating by Mackie on Thursday, October 29.

07/21/2016 - Newmont Mining Corporation had its "outperform" rating reiterated by analysts at BMO Capital Markets. Twin Cap Mngmt Inc, a Pennsylvania-based fund reported 110,690 shares. As per Monday, March 27, the company rating was maintained by FinnCap. 26,500 Coty Inc (NYSE:COTY) shares with value of $503,447 were bought by HARF PETER.

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