According to Newmont Mining Corporation's latest 13F filing with the US Securities and Exchange Commission (SEC), institutional ownership is at 81.61%. The rating was upgraded by RBC Capital Markets to "Outperform" on Tuesday, April 26. Citigroup Inc. reiterated a buy rating on shares of Newmont Mining Corp.in a research report on Thursday, August 18th. The stock now has a consensus rating of "Buy" and a consensus target price of $40.50. During the last month, the stock has changed 6.90% and performed 26.33% over the last 6 months. The stock of Newmont Mining Corp (NYSE:NEM) has "Outperform" rating given on Tuesday, September 1 by Scotia Capital. RBC Capital Markets maintained it with "Hold" rating and $4000 target in Tuesday, July 18 report. The company was downgraded on Friday, March 18 by Standpoint Research. The stock of Newmont Mining Corp (NYSE:NEM) earned "Sector Perform" rating by RBC Capital Markets on Thursday, January 7. Of the analysts surveyed by Reuters that track ConocoPhillips 6 of them rate its stock a hold. Therefore 25% are positive. Stamps.com had 23 analyst reports since August 7, 2015 according to SRatingsIntel. The firm has "Buy" rating given on Thursday, July 27 by Argus Research. The rating was maintained by Northland Capital with "Outperform" on Friday, November 6.
In other news, EVP William N. Macgowan sold 2,006 shares of the company's stock in a transaction dated Tuesday, November 1st. Manufacturers Life Ins Company The, Ontario - Canada-based fund reported 614,233 shares. Finally, Zacks Investment Research cut Newmont Mining Corporation from a "buy" rating to a "hold" rating in a research report on Friday, August 4th. The stock of Centurylink Inc (NYSE:CTL) has "Neutral" rating given on Monday, July 11 by Macquarie Research. The company was maintained on Monday, June 12 by RBC Capital Markets.
Since June 1, 2017, it had 0 insider purchases, and 3 insider sales for $303,290 activity. Olsavsky Brian T also sold $2.24 million worth of Amazon.com, Inc. (NASDAQ:STMP) was sold by Clem John Roland on Wednesday, June 7. Engel E Randall had sold 5,700 shares worth $199,500. (NASDAQ:STMP) or 1,200 shares. $521,627 worth of Amazon.com, Inc. (NASDAQ:AMZN) shares were sold by ALBERG TOM A. The insider Zapolsky David sold $2.24M. First Quadrant Lp Ca owns 13,100 shares for 0.01% of their portfolio. It also reduced Alphabet Inc stake by 6,223 shares and now owns 85,323 shares. Lions Gate Entmnt Corp was reduced too.
Investors sentiment increased to 1.01 in Q2 2017. Its down 0.22, from 1.3 in 2017Q1. It is negative, as 64 investors sold AMZN shares while 542 reduced holdings. The insider now holds 83,152 shares of Newmont Mining Corporation (NEM). Zurcher Kantonalbank (Zurich Cantonalbank) stated it has 883 shares or 0% of all its holdings. On the other hand, company insiders are holding 0.20%. (NASDAQ:STMP) or 36,000 shares. Institutions are now holders of 83.30% of the shares. Wells Fargo Mn holds 0.7% or 2.24M shares. Atwood & Palmer has 118 shares for 0% of their portfolio. Clark Mngmt Grp Inc Inc holds 0.07% or 12,230 shares in its portfolio. 12,234 were reported by Cetera Ltd Liability Corp. California Public Employees Retirement System has invested 0.08% in Centurylink Inc (NYSE:CTL). Talara Capital Mngmt Limited Co reported 203,940 shares. Stifel Financial holds 52,866 shares. Institutional investors own 79.70% of the company's stock.
Investors sentiment increased to 0.93 in 2017 Q2. Its up 0.09, from 0.84 in 2017Q1. It increased, as 73 investors sold Newmont Mining Corp shares while 157 reduced holdings. 62 funds opened positions while 153 raised stakes.
The average 1-year price target for Newmont Mining Corporation (NEM) - averaging the work of different analysts - reveals a mean PT of $41.56/share. Los Angeles Capital Mngmt And Equity Rech has invested 0.18% in Newmont Mining Corp (NYSE:NEM). Brookfield Asset owns 33,160 shares. Commonwealth Bancshares Of reported 0.13% of its portfolio in Newmont Mining Corp (NYSE:NEM). Hillhouse Capital Management Limited accumulated 11,562 shares. Shares of Newmont Mining Corporation are now valued at $35.52 with a furture target price of $42.03 according to research brokerages. Ohio-based Fifth Third Fincl Bank has invested 0% in Newmont Mining Corp (NYSE:NEM). Shapiro Cap Management Ltd owns 215 shares. Raymond James Financial Services Advisors Inc. raised its position in Newmont Mining Corporation by 0.7% in the second quarter. 3,025 are held by Amica Retiree Medical Tru. Carmignac Gestion increased its position in shares of Newmont Mining Corp.by 3.5% in the second quarter. Newmont Mining Corporation's dividend payout ratio is presently 200.00%. The firm has a market capitalization of $18,944.10, a PE ratio of 25.55 and a beta of 0.11. The Company is primarily a gold producer with operations and/or assets in the United States, Australia, Peru, Indonesia, Ghana and Suriname. The Company's segments include North America, South America, Asia Pacific and Africa. The total number of shares traded in the last 90-day period is 45,733.