Hudbay Minerals Inc (HBM) Earns "Buy" Rating from TD Securities

Hudbay Minerals Inc (NYSE:HBM) has risen 39.53% since May 26, 2016 and is uptrending. Scotiabank reaffirmed a "buy" rating and issued a C$15.00 price objective on shares of Hudbay Minerals in a research note on Thursday, February 23rd.

Hudbay Minerals Inc (TSE:HBM) (NYSE:HBM) insider Gmt Capital Corp purchased 23,400 shares of Hudbay Minerals stock in a transaction that occurred on Monday, May 1st. Swiss National Bank increased its position in Hudbay Minerals by 1.5% in the first quarter.

On Friday, May 5th, Gmt Capital Corp bought 1,800 shares of Hudbay Minerals stock. About 474,493 shares traded. AstraZeneca plc (ADR) (NYSE:AZN) has risen 19.45% since May 25, 2016 and is uptrending. It has outperformed by 22.83% the S&P500. Its up 0.25, from 0.77 in 2016Q3.

Several institutional investors have recently bought and sold shares of HBM. 85 funds opened positions while 212 raised stakes. Independent Portfolio Consultants reported 7,739 shares. The stock declined 0.32% or $0.26 reaching $81.88 per share. 542,819 are owned by Mesirow Fincl Inv Management. Penobscot Communications Incorporated has 0.12% invested in State Street Corp (NYSE:STT). Institutional investors and hedge funds own 59.61% of the company's stock. (NASDAQ:IIVI). Smithfield Tru holds 0.02% of its portfolio in II-VI, Inc. (NASDAQ:IIVI). Parthenon Llc invested 0.05% of its portfolio in II-VI, Inc. Cornerstone Advsr, Washington-based fund reported 2,377 shares. Riverhead Capital Management has invested 0% of its portfolio in II-VI, Inc. Tocqueville Asset LP reported 4,690 shares.

Analysts await II-VI, Inc. They expect $0.44 EPS, down 46.99% or $0.39 from last year's $0.83 per share. IIVI's profit will be $22.35M for 22.49 P/E if the $0.35 EPS becomes a reality. Cormark analyst S. Ioannou now forecasts that the mining company will post earnings per share of $0.14 for the quarter, up from their prior estimate of $0.13. Dynamic Capital Management Ltd sold 38,499 shares as the company's stock rose 0.17% with the market. The Firm has three divisions: II-VI Laser Solutions, II-VI Photonics and II-VI Performance Products. The II-VI Laser Solutions segment designs, makes and markets optical and electro-optical components and materials sold under the II-VI Infrared brand name and used in carbon dioxide lasers, fiber-delivered beam delivery systems and processing tools and direct diode lasers for industrial lasers sold under the II-VI HIGHYAG and II-VI Laser Enterprise brand names.

Since May 8, 2017, it had 4 insider purchases, and 2 sales for $874.34 million activity. 3,605 shares were sold by PELAEZ MARC Y E, worth $132,002. 297.50 million shares or 1.30% less from 301.41 million shares in 2016Q3 were reported. The stock was bought at an average price of C$5.51 per share, with a total value of C$39,672.00. $273,355 worth of II-VI, Inc. The stock has "Sell" rating by Societe Generale on Tuesday, February 16. Three analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company's stock. Therefore 86% are positive. The Mosaic Company had 54 analyst reports since July 22, 2015 according to SRatingsIntel. The firm has "Buy" rating by TheStreet given on Saturday, August 15. The firm earned "Neutral" rating on Monday, January 25 by JP Morgan. As per Tuesday, April 5, the company rating was maintained by Credit Suisse. The rating was upgraded by Atlantic Securities to "Neutral" on Tuesday, May 9. The firm has "Sell" rating given on Thursday, April 6 by Goldman Sachs.

Among 5 analysts covering Hudbay Minerals Inc (NYSE:HBM), 2 have Buy rating, 1 Sell and 2 Hold. Therefore 40% are positive. Hudbay Minerals Inc has a 52 week low of $4.74 and a 52 week high of $11.95. Barclays Capital upgraded Hudbay Minerals Inc (TSE:HBM) rating on Tuesday, January 10. The rating was maintained by RBC Capital Markets with "Outperform" on Wednesday, March 29. The rating was downgraded by Scotia Capital on Monday, December 12 to "Sector Underperform".

Cambrian Capital Limited Partnership decreased its stake in Hudbay Minerals Inc (HBM) by 47.66% based on its latest 2016Q4 regulatory filing with the SEC.