10 September, 2017
The Heartland Advisors Inc holds 100,000 shares with $7.06 million value, down from 300,000 last quarter. The stock declined 1.58% or $0.28 reaching $17.72 on the news. About 164,625 shares traded. It has underperformed by 14.53% the S&P500. Barrick Gold Corporation has a 52 week low of $13.81 and a 52 week high of $20.78. Lindekugel Jon T sold $256,388 worth of stock. Morgan Stanley now owns 3,754,302 shares of the basic materials company's stock worth $71,294,000 after purchasing an additional 1,090,729 shares during the period.
The P/E ratio is now 8.91 and the market cap of the company is 20.99B.
Currently, the stock carries a price to earnings ratio of 10.2, a price to book ratio of 0.66, and a price to sales ratio of 2.23. Closing price generally refers to the last price at which a stock trades during a regular trading session. Argan, Inc. (NYSE:AGX) has risen 101.20% since September 9, 2016 and is uptrending. It has outperformed by 20.71% the S&P500.
Traders are a little more bullish on Barrick Gold Corporation lately if you look at the change in short interest. "Today?" on September 04, 2017. The ex-dividend date is Tuesday the 29th of August 2017.
Pinnacle Associates Ltd increased 3M Co (MMM) stake by 8% reported in 2016Q4 SEC filing. It also reduced its holding in Toronto Dominion Bk Ont (NYSE:TD) by 895,757 shares in the quarter, leaving it with 17.16M shares, and cut its stake in Johnson & Johnson (NYSE:JNJ). Analysts expect Barrick Gold Corporation to earn $0.78 per share next year, which means the company should continue to be able to cover its $0.12 annual dividend with an expected future payout ratio of 15.4%.
General Cable Corporation has a consensus hold rating from 1 Wall Street analysts, and the number of shares now sold short amount to at least 9.37% of shares outstanding. Therefore 48% are positive. Royal Bank Of Canada set a $21.00 price objective on Barrick Gold Corporation and gave the company a "buy" rating in a report on Wednesday, August 23rd. Ten research analysts have rated the stock with a hold rating and seven have given a buy rating to the company's stock. Canaccord Genuity maintained the stock with "Buy" rating in Friday, February 24 report. TD Securities restated a hold rating on shares of Barrick Gold Corporation in a research report on Sunday, May 28th. According to buy-side analysts, moving averages work quite well in strong trending conditions, but often poorly in choppy or ranging conditions.ABX has analyst rating of 2.50 on scale of 1-5. On Monday, October 3 the stock rating was upgraded by Deutsche Bank to "Buy". The original version of this article can be accessed at https://www.truebluetribune.com/2017/09/08/citigroup-inc-reiterates-buy-rating-for-barrick-gold-corporation-abx.html.
State Of Alaska Department Of Revenue increased Verizon Communications Inc (NYSE:VZ) stake by 161,505 shares to 536,857 valued at $28.47 million in 2016Q4. The share price has moved forward from its 20 days moving average, trading at a distance of 0.01% and stays -1.55% away from its 50 days moving average. Therefore 94% are positive. Alibaba had 133 analyst reports since August 12, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with "Underperform" rating and $138 target in Friday, October 23 report. The firm earned "Sell" rating on Monday, June 20 by Mackie. The company was upgraded on Thursday, July 14 by Jefferies. The rating was maintained by Drexel Hamilton on Friday, June 23 with "Buy". The stock of Alibaba Group Holding Ltd (NYSE:BABA) earned "Buy" rating by Nomura on Wednesday, August 12. The firm has "Buy" rating by UBS given on Friday, January 29.
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