Newmont Mining Corp’s Sentiment

“Big money sentiment for Newmont Mining Corp (NYSE:NEM) in Q3 2018 decreased to 0.89, according to Securities and Exchange Commission filings. That’s down -0.31, from 2018Q2’s 1.2. 208 active investment managers started new and increased equity positions, while 233 reduced and sold their equity positions in Newmont Mining Corp so the sentiment turned negative. These funds own 429.40 million shares, that’s down from 430.21 million shares in 2018Q2. Funds holding Newmont Mining Corp in top 10 decreased from 13 to 10 for a decrease of 3. 59 Investors Sold All; 174 Reduced Holdings; 148 increased stakes while 60 active investment managers bought stakes.

Significant Newmont Mining Corp Investors

As of Q3 2018 Asa Gold & Precious Metals Ltd has 13.48% invested in Newmont Mining Corp. As of Q3 2018, 909,949 shares of Newmont Mining Corp are owned by Foundation Resource Management Inc. Van Eck Associates Corp reported 33.17 million shares. The California-based fund Knightsbridge Asset Management Llc have invested about 3.79% of the active investment manager’s stock portfolio in Newmont Mining Corp. The Germany-based fund Flossbach Von Storch Ag holds 13.53 million shares or 3.73% of their portfolio.

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry.The firm is worth $19.43 billion. The firm primarily acquires, develops, explores for, and produces gold.Last it reported negative earnings. It also explores for silver and copper properties.

The stock increased 3.02% or $1.07 during the last trading session, hitting $36.48.Newmont Mining Corporation has 33.90M shares volume, 347.96% up from normal. NEM is downtrending and has moved 6.65% since February 24, 2018. NEM underperformed the S&P500 by 6.65%.

On February, 28 Newmont Mining Corporation (NYSE:NEM)’s earnings report is awaited by WallStreet, Faxor reports. Analysts have expectation on stock’s EPS of $0.27. That’s down 32.50 % from last year’s $0.4 EPS. In case of $0.27 EPS NEM’s profit could hit $143.82 million. -18.18 % negative EPS growth is what Wall Street’s forecasts after $0.33 reported EPS previous quarter.

Hudock Cap Gp Lc holds 0% or 271 shs in its capital. Employees Retirement System Of Texas invested in 0.02% or 42,000 shs. Washington Tru Com reported 40,100 shs. Cleararc Capital Incorporated has invested 0.05% in Newmont Mining Corporation (NYSE:NEM). Advisory Ntwk Ltd Liability Com reported 50 shs stake. Mackay Shields Ltd Liability owns 105,951 shs or 0.02% of their US capital. Regions invested 0% in Newmont Mining Corporation (NYSE:NEM). 32,059 are held by State Bank Of Hawaii. Aperio Gp Lc holds 0.05% of its capital in Newmont Mining Corporation (NYSE:NEM) for 345,553 shs. Sumitomo Life Ins Co invested in 50,326 shs. Fosun Intl Ltd invested in 9,200 shs or 0.01% of the stock. Vanguard Gp Inc reported 57.31 million shs. West Family Investments has invested 1.38% in Newmont Mining Corporation (NYSE:NEM). Credit Suisse Ag holds 0.11% of its capital in Newmont Mining Corporation (NYSE:NEM) for 3.92 million shs. Indexiq Advisors Limited Liability Corp invested 0.12% in Newmont Mining Corporation (NYSE:NEM).

Newmont Mining Corporation registered $2.47 million net activity with 0 insider purchases and 26 sales since September 4, 2018. On Thursday, November 1 Buese Nancy sold $63,020 worth of Newmont Mining Corporation (NYSE:NEM). On Wednesday, December 26 3,500 shs were sold by Gottesfeld Stephen P, worth $122,548. Shares for $91,590 were sold by Dorward-King Elaine J on Tuesday, September 4. 1,250 shs valued at $42,663 were sold by Palmer Thomas Ronald on Friday, February 1. Shares for $137,720 were sold by Goldberg Gary J on Monday, December 31. On Thursday, November 1 MacGowan William N also sold $157,207 worth of Newmont Mining Corporation (NYSE:NEM).

Newmont Mining Corporation (NYSE:NEM) Ratings Coverage

In total 6 analysts cover Newmont Mining (NYSE:NEM). “Buy” rating has 3, “Sell” are 0, while 3 are “Hold”. (NYSE:NEM) has 50% bullish analysts. 6 are the (NYSE:NEM)’s ratings reports on 24 Feb 2019 according to StockzIntelligence Inc. On Tuesday, January 15 IBC downgraded Newmont Mining Corporation (NYSE:NEM) rating. IBC has “Neutral” rating and $41 target. On Tuesday, January 15 the rating was upgraded by Canaccord Genuity to “Buy”. In Wednesday, August 29 report Citigroup maintained the stock with “Neutral” rating. In Monday, September 17 report JP Morgan maintained it with “Overweight” rating and $40 target. On Friday, February 22 the firm earned “Hold” rating by Jefferies.

For more Newmont Mining Corporation (NYSE:NEM) news posted recently go to: Seekingalpha.com, Globenewswire.com, Benzinga.com, 247Wallst.com or Juniorminingnetwork.com. The titles are as follows: “Newmont Mining: Time To Shine – Seeking Alpha” posted on August 27, 2018, “Recent Analysis Shows The Chemours, Inter Parfums, Newmont Mining, Sanderson Farms, NGL Energy Partners LP, and Hemispherx BioPharma Market Influences — Renewed Outlook, Key Drivers of Growth – GlobeNewswire” on January 28, 2019, “Cramer Talks Gold, Newmont (NYSE:NEM)-Goldcorp (NYSE:GG) Deal – Benzinga” with a publish date: January 14, 2019, “CVS, HPE, Walmart and Other Big Earnings to Watch For This Week – 24/7 Wall St.” and the last “Newmont Mining Announces Canadian Competition Bureau Clearance for Combination with Goldcorp – Junior Mining Network” with publication date: February 18, 2019.