Goldcorp (USA) (GG) : Millie Capital Management scooped up 1,600 additional shares in Goldcorp (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 25, 2016. The investment management firm now holds a total of 109,981 shares of Goldcorp (USA) which is valued at $2,216,117.Goldcorp (USA) makes up approximately 2.37% of Millie Capital Management’s portfolio.
Goldcorp (USA) closed down -0.65 points or -3.23% at $19.5 with 99,84,164 shares getting traded on Monday. Post opening the session at $20.15, the shares hit an intraday low of $19.27 and an intraday high of $20.24 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
Other Hedge Funds, Including , Davenport Co reduced its stake in GG by selling 405 shares or 0.84% in the most recent quarter. The Hedge Fund company now holds 47,880 shares of GG which is valued at $964,782. Goldcorp (USA) makes up approx 0.01% of Davenport Co’s portfolio.First Manhattan Co boosted its stake in GG in the latest quarter, The investment management firm added 4 additional shares and now holds a total of 6,812 shares of Goldcorp (USA) which is valued at $116,349.Bennicas Associates reduced its stake in GG by selling 3,200 shares or 2.6% in the most recent quarter. The Hedge Fund company now holds 119,740 shares of GG which is valued at $2,045,159. Goldcorp (USA) makes up approx 1.90% of Bennicas Associates’s portfolio.Prospera Financial Services Inc boosted its stake in GG in the latest quarter, The investment management firm added 3,880 additional shares and now holds a total of 133,160 shares of Goldcorp (USA) which is valued at $2,233,093. Goldcorp (USA) makes up approx 0.49% of Prospera Financial Services Inc’s portfolio.
On the company’s financial health, Goldcorp (USA) reported $-5.14 EPS for the quarter, missing the analyst consensus estimate by $ -5.14 based on the information available during the earnings call on Feb 25, 2016. Analyst had a consensus of $0.00. The company had revenue of $1238.00 million for the quarter, compared to analysts expectations of $1074.76 million. The company’s revenue was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.
Many Wall Street Analysts have commented on Goldcorp (USA). Company shares were Downgraded by RBC Capital Mkts on Apr 11, 2016 to ” Underperform”, Firm has raised the Price Target to $ 16.50 from a previous price target of $12 .Company shares were Downgraded by UBS on Mar 28, 2016 to ” Neutral”, Firm has raised the Price Target to $ 17 from a previous price target of $16.50 .Goldcorp (USA) was Downgraded by Macquarie to ” Neutral” on Mar 15, 2016.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition exploration development and operation of gold properties in Canada the United States Mexico and Central and South America. The Company’s principal products are gold and the byproduct silver copper lead and zinc. Goldcorp’s operating assets include four mines in Canada two mines in Mexico and four in Central and South America.