Southern Copper Corp’s Sentiment

“Big money sentiment for Southern Copper Corp (NYSE:SCCO) in 2018 Q3 decreased to 1.03, according to SEC.gov filings. That’s down -0.21, from 2018Q2’s 1.24. 112 investment managers started new and increased equity positions, while 109 trimmed and sold stock positions in Southern Copper Corp so the sentiment worsened. These funds own 52.02 million shares, that’s down from 54.24 million shares in 2018Q2. Funds holding Southern Copper Corp in top 10 decreased from 4 to 1 for a decrease of 3. In total 41 funds closed positions, 68 reduced and 67 increased. Also 45 funds bought new Southern Copper Corp stakes.

Most Southern Copper Corp Shareholders

Hansberger Growth Investors Lp owns 55,838 shares in Southern Copper Corp as of 2018 Q3. As of 2018 Q3, 945,000 shares of Southern Copper Corp are owned by Capital Growth Management Lp. Further, Martin Currie Ltd reported 673,032 shares in Southern Copper Corp equivalent to 2.02% of its portfolio. Denali Advisors Llc revealed 302,100 shares position in Southern Copper Corp. The New York-based fund Marketfield Asset Management Llc looks positive on Southern Copper Corp, owning 137,764 shares.

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Chile, and Ecuador.The firm is worth $26.04 billion. The firm is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc and lead.27.06 is the P/E ratio. It operates the Toquepala and Cuajone open-pit mines, and a smelter and refinery in Peru; and La Caridad, an open-pit copper mine, as well as a copper ore concentrator, a SX-EW plant, a smelter, refinery, and a rod plant.

The stock increased 0.21% or $0.07 during the last trading session, touching $33.69.Currently Southern Copper Corporation is downtrending after 23.64% change in last February 1, 2018. SCCO has 272,193 shares volume. SCCO underperformed by 23.64% the S&P 500.

Synovus Financial accumulated 5,740 shs. Martin Currie Limited has 2.02% invested in Southern Copper Corporation (NYSE:SCCO) for 673,032 shs. Tudor Investment Et Al stated it has 0.02% in Southern Copper Corporation (NYSE:SCCO). Corecommodity Ltd Co reported 33,684 shs. Credit Suisse Ag invested in 256,693 shs. Amalgamated Bancorporation reported 11,302 shs or 0.01% of all its holdings. Wells Fargo Mn stated it has 56,180 shs or 0% of all its holdings. 15,285 were accumulated by Utah Retirement. Bessemer Group Incorporated Inc reported 7,222 shs. Natixis Advsrs L P accumulated 33,378 shs. Mirae Asset Glob Com stated it has 0.03% in Southern Copper Corporation (NYSE:SCCO). The Germany-based Commerzbank Aktiengesellschaft Fi has invested 0.09% in Southern Copper Corporation (NYSE:SCCO). Citigroup Inc reported 0% in Southern Copper Corporation (NYSE:SCCO). Huntington National Bank invested 0% of its capital in Southern Copper Corporation (NYSE:SCCO). Wealthtrust invested 0.01% of its capital in Southern Copper Corporation (NYSE:SCCO).

Southern Copper Corporation (NYSE:SCCO) Ratings Coverage

In total 7 analysts cover Southern Copper (NYSE:SCCO). “Buy” rating has 2, “Sell” are 2, while 3 are “Hold”. 29% are bullish. 7 are the (NYSE:SCCO)’s analyst reports since September 19, 2018 according to StockzIntelligence Inc. In Wednesday, September 19 report FBR Capital maintained the stock with “Neutral” rating. On Friday, November 2 the rating was upgraded by UBS to “Buy”. On Monday, November 26 HSBC downgraded Southern Copper Corporation (NYSE:SCCO) to “Reduce” rating. On Thursday, December 6 the stock has “Neutral” rating by JP Morgan. The company rating was upgraded by Bradesco on Wednesday, November 21. The company rating was downgraded by Citigroup on Monday, November 12. On Wednesday, January 16 the stock has “Outperform” rating by Itau BBA.

For more Southern Copper Corporation (NYSE:SCCO) news posted recently go to: Fool.com, Fool.com, Fool.com, Seekingalpha.com or Globenewswire.com. The titles are as follows: “Is Freeport-McMoRan Inc. (FCX) a Buy? – Motley Fool” posted on May 29, 2018, “Top Stocks in Mining – The Motley Fool” on January 18, 2018, “Why Southern Copper, Cleveland-Cliffs, and Denbury Resources Slumped Today – The Motley Fool” with a publish date: November 23, 2018, “Copper Could Make A Run For A New High Soon – Seeking Alpha” and the last “Consolidated Research: 2019 Summary Expectations for Southwest Airlines, Southern Copper, SEI Investments, Forward Air, Cincinnati Financial, and Celsion — Fundamental Analysis, Key Performance Indications – GlobeNewswire” with publication date: February 01, 2019.