Goldcorp (USA) (GG) : Millie Capital Management reduced its stake in Goldcorp (USA) by 0.98% during the most recent quarter end. The investment management company now holds a total of 111,086 shares of Goldcorp (USA) which is valued at $1,482,998 after selling 1,095 shares in Goldcorp (USA) , the firm said in a disclosure report filed with the SEC on Nov 14, 2016.Goldcorp (USA) makes up approximately 1.68% of Millie Capital Management’s portfolio.
Other Hedge Funds, Including , Corecommodity Management boosted its stake in GG in the latest quarter, The investment management firm added 295 additional shares and now holds a total of 1,712 shares of Goldcorp (USA) which is valued at $22,855. Goldcorp (USA) makes up approx 0.02% of Corecommodity Management’s portfolio. Global X Management Co added GG to its portfolio by purchasing 4,213 company shares during the most recent quarter which is valued at $64,459.Neuberger Berman Group reduced its stake in GG by selling 274,657 shares or 84.09% in the most recent quarter. The Hedge Fund company now holds 51,954 shares of GG which is valued at $796,974.Flossbach Von Storch Ag boosted its stake in GG in the latest quarter, The investment management firm added 1,509,420 additional shares and now holds a total of 2,702,820 shares of Goldcorp (USA) which is valued at $41,082,864. Goldcorp (USA) makes up approx 0.70% of Flossbach Von Storch Ag’s portfolio.
Goldcorp (USA) closed down -0.09 points or -0.67% at $13.32 with 85,16,236 shares getting traded on Monday. Post opening the session at $13.25, the shares hit an intraday low of $13 and an intraday high of $13.41 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 $0.07 EPS for the quarter, missing the analyst consensus estimate by $ -0.04 based on the information available during the earnings call on Oct 26, 2016. Analyst had a consensus of $0.11. The company had revenue of $1151.00 million for the quarter, compared to analysts expectations of $1046.34 million. The company’s revenue was down -11.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.04 EPS.
Many Wall Street Analysts have commented on Goldcorp (USA). Goldcorp (USA) was Upgraded by Desjardins to ” Buy” on Oct 20, 2016. Goldcorp (USA) was Initiated by National Bank Financial to “Outperform” on Sep 8, 2016. Goldcorp (USA) was Initiated by Berenberg to “Hold” on Sep 7, 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.