Goldcorp (USA) (GG) : Hellman Jordan Management Co Inc added new position in Goldcorp (USA) during the most recent quarter end. The investment management firm now holds 59,782 shares of Goldcorp (USA) which is valued at $1,133,467 , the company said in a statement filed on Aug 8, 2016 with the SEC.Goldcorp (USA) makes up approximately 2.00% of Hellman Jordan Management Co Inc’s portfolio.
Other Hedge Funds, Including , Finemark National Bank Trust added GG to its portfolio by purchasing 360 company shares during the most recent quarter which is valued at $6,826. Quantbot Technologies Lp added GG to its portfolio by purchasing 170,698 company shares during the most recent quarter which is valued at $3,086,220. Goldcorp (USA) makes up approx 0.32% of Quantbot Technologies Lp’s portfolio.Private Harbour Investment Management Counsel reduced its stake in GG by selling 200 shares or 0.67% in the most recent quarter. The Hedge Fund company now holds 29,813 shares of GG which is valued at $539,019. Goldcorp (USA) makes up approx 0.43% of Private Harbour Investment Management Counsel’s portfolio.Davenport Co boosted its stake in GG in the latest quarter, The investment management firm added 16,527 additional shares and now holds a total of 64,407 shares of Goldcorp (USA) which is valued at $1,254,648. Goldcorp (USA) makes up approx 0.02% of Davenport Co’s portfolio.Cutler Group Lp reduced its stake in GG by selling 753 shares or 2.55% in the most recent quarter. The Hedge Fund company now holds 28,802 shares of GG which is valued at $561,063. Goldcorp (USA) makes up approx 0.04% of Cutler Group Lp’s portfolio.
Goldcorp (USA) closed down -0.04 points or -0.21% at $18.84 with 39,66,874 shares getting traded on Monday. Post opening the session at $18.91, the shares hit an intraday low of $18.75 and an intraday high of $19.1 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
On the company’s financial health, Goldcorp (USA) reported $-0.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.04. The company had revenue of $921.00 million for the quarter, compared to analysts expectations of $902.71 million. The company’s revenue was down -30.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.08 EPS.
Many Wall Street Analysts have commented on Goldcorp (USA). Goldcorp (USA) was Initiated by Morgan Stanley to “Overweight” on Aug 9, 2016. Citigroup Initiated Goldcorp (USA) on Aug 2, 2016 to “Neutral”, Price Target of the shares are set at $20.Goldcorp (USA) was Downgraded by Goldman to ” Neutral” on May 11, 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.