09 July, 2017
Wall Street analysts are still seeing some upside to Barrick Gold Corporation (NYSE:ABX) despite the recent move. Covington Capital Management boosted its position in Barrick Gold Corporation by 0.9% in the third quarter. 1832 Asset Management L.P. now owns 7,822 shares of the basic materials company's stock valued at $139,000 after buying an additional 802 shares in the last quarter.
ABX has been the subject of a number of other reports. Sicart Associates LLC bought a new stake in shares of Barrick Gold Corporation during the fourth quarter worth $332,000. FMR LLC now owns 18,633,462 shares of the basic materials company's stock valued at $353,936,000 after buying an additional 2,241,822 shares during the period. About 117,051 shares traded. The company has its outstanding shares of 1.17 billion. Quadrant Capital Group LLC raised its stake in shares of Barrick Gold Corporation by 275.8% in the first quarter.
Hexavest Inc increased D R Horton Inc Prop (NYSE:DHI) stake by 337,102 shares to 1.86 million valued at $50.80M in 2016Q4. Crawford Investment Counsel Inc, a Georgia-based fund reported 120,769 shares. The firm has "Outperform" rating given on Friday, June 23 by RBC Capital Markets.
The stock decreased 1.60% or $0.33 on July 6, reaching $20.34. Hedge funds and other institutional investors own 57.96% of the company's stock. The company was maintained on Friday, April 7 by TD Securities. About 115,880 shares traded or 56.62% up from the average. Barrick Gold Corp. has $31 highest and $9 lowest target. The firm has "Market Perform" rating given on Thursday, June 15 by Raymond James.
Barrick Gold Corporation (NYSE:ABX) (TSE:ABX) last announced its quarterly earnings data on Monday, April 24th. The basic materials business posted $0.14 EPS for the period, falling below Zacks' average forecast of $0.21 by $0.07. The firm had revenue of $1.99 billion for the quarter, compared to the consensus estimate of $2.22 billion. Lastly, Almanack Investment Partners. purchased a fresh position in stocks of Barrick Gold Corporation during the Q1 worth at $213,000. Barrick Gold Corporation's quarterly revenue was up 3.3% compared to the same quarter previous year.
Analysts expect Barrick Gold Corp (USA) (NYSE:ABX) to report $0.24 EPS on July, 26.They anticipate $0.10 EPS change or 71.43 % from last quarter's $0.14 EPS. Fjarde Ap invested in 0.03% or 20,887 shares. The ex-dividend date was Friday, May 26th. This represents a $0.12 dividend on an annualized basis and a yield of 0.78%. Barrick Gold Corporation's dividend payout ratio is 9.92%.
TRADEMARK VIOLATION NOTICE: This article was first published by Sports Perspectives and is owned by of Sports Perspectives. If you are reading this report on another site, it was stolen and republished in violation of United States & global copyright legislation. The legal version of this article can be read at https://baseballnewssource.com/markets/barrick-gold-corporation-abx-stake-lowered-by-marketfield-asset-management-llc-updated-updated/1043423.html. "Barrick's operations are primarily concentrated in Nevada, Australia, South America, and Tanzania.", TD Securities' analyst commented. This is not a recommendation to buy or sell Barrick Gold Corporation (NYSE:ABX). Barrick Gold Corp (TSE:ABX) has 0.00% since July 7, 2016 and is. RBC Capital Markets maintained the shares of ABX in report on Tuesday, February 23 with "Sector Perform" rating. Berenberg Bank raised shares of Barrick Gold Corporation from a "sell" rating to a "hold" rating and upped their target price for the stock from $16.13 to $16.40 in a research note on Thursday, June 29th.
In a research report revealed to investors on 6 July, The "Market Perform" rating of Barrick Gold Corp (TSE:ABX) shares was maintained by Analysts at BMO Capital Markets, who now has a $18.00 target price per share on the stock. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company has an average rating of "Hold" and an average price target of $22.21.
Barrick Gold Corporation is a gold mining company. The Company is principally engaged in the production and sale of gold and copper, as well as related activities, such as exploration and mine development.
