Newmont Mining (NEM) Valuation Declined While Bp Plc Has Lowered Stake by $4.37 Million; As United Parcel Service (UPS) Stock Price Declined, Shareholder Howland Capital Management Has Cut Its Position by $1.07 Million

February 22, 2018 - By mmahotstuff

Howland Capital Management Llc decreased its stake in United Parcel Service Inc (UPS) by 5.41% based on its latest 2017Q3 regulatory filing with the SEC. Howland Capital Management Llc sold 8,899 shares as the company’s stock declined 3.26% while stock markets rallied. The institutional investor held 155,534 shares of the transportation company at the end of 2017Q3, valued at $18.68 million, down from 164,433 at the end of the previous reported quarter. Howland Capital Management Llc who had been investing in United Parcel Service Inc for a number of months, seems to be less bullish one the $90.99 billion market cap company. The stock increased 1.16% or $1.21 during the last trading session, reaching $105.91. About 1.11 million shares traded. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since February 22, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Bp Plc decreased its stake in Newmont Mining Corp (NEM) by 64.48% based on its latest 2017Q3 regulatory filing with the SEC. Bp Plc sold 118,000 shares as the company’s stock declined 9.13% while stock markets rallied. The hedge fund held 65,000 shares of the precious metals company at the end of 2017Q3, valued at $2.44M, down from 183,000 at the end of the previous reported quarter. Bp Plc who had been investing in Newmont Mining Corp for a number of months, seems to be less bullish one the $20.43 billion market cap company. The stock increased 0.38% or $0.145 during the last trading session, reaching $38.305. About 1.48 million shares traded. Newmont Mining Corporation (NYSE:NEM) has declined 1.49% since February 22, 2017 and is downtrending. It has underperformed by 18.19% the S&P500.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.47, from 0.93 in 2017Q2. It is positive, as 35 investors sold NEM shares while 147 reduced holdings. 85 funds opened positions while 169 raised stakes. 427.26 million shares or 26.53% more from 337.68 million shares in 2017Q2 were reported. 632,039 are owned by Chevy Chase. Banced holds 8,032 shares. Sit Associate owns 92 shares. Rathbone Brothers Public Limited reported 136,677 shares or 0.22% of all its holdings. Bridgewater Assoc Limited Partnership owns 57,509 shares. Fincl Bank Of Mellon Corporation stated it has 0.11% in Newmont Mining Corporation (NYSE:NEM). Quantitative Mgmt has invested 0.07% in Newmont Mining Corporation (NYSE:NEM). Barnett And Co accumulated 0.02% or 1,150 shares. State Of New Jersey Common Pension Fund D holds 0.02% in Newmont Mining Corporation (NYSE:NEM) or 115,000 shares. M&R Capital Management accumulated 0.02% or 2,050 shares. Janney Montgomery Scott Lc reported 0.02% of its portfolio in Newmont Mining Corporation (NYSE:NEM). Sun Life Inc holds 3,921 shares. Saratoga Research & Investment Mngmt holds 10,177 shares or 0.23% of its portfolio. 3 were accumulated by Jfs Wealth Llc. Gabelli Funds Ltd Liability Co invested in 2.73M shares.

Bp Plc, which manages about $2.82 billion US Long portfolio, upped its stake in Stryker Corp (NYSE:SYK) by 4,500 shares to 39,500 shares, valued at $5.61 million in 2017Q3, according to the filing. It also increased its holding in Visa Inc Class A Shares (NYSE:V) by 20,000 shares in the quarter, for a total of 254,000 shares, and has risen its stake in Mastercard Inc A (NYSE:MA).

Among 24 analysts covering Newmont Mining Corporation (NYSE:NEM), 13 have Buy rating, 0 Sell and 11 Hold. Therefore 54% are positive. Newmont Mining Corporation had 85 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Tuesday, August 2 by Citigroup. The rating was upgraded by RBC Capital Markets on Tuesday, April 26 to “Outperform”. The firm earned “Sector Perform” rating on Thursday, January 7 by RBC Capital Markets. UBS maintained the stock with “Neutral” rating in Wednesday, September 30 report. The stock of Newmont Mining Corporation (NYSE:NEM) earned “Buy” rating by BMO Capital Markets on Wednesday, June 28. The company was upgraded on Thursday, August 13 by Deutsche Bank. The firm has “Outperform” rating by BMO Capital Markets given on Thursday, August 13. On Friday, November 6 the stock rating was maintained by RBC Capital Markets with “Outperform”. RBC Capital Markets maintained Newmont Mining Corporation (NYSE:NEM) on Monday, August 28 with “Hold” rating. The firm has “Hold” rating by Deutsche Bank given on Tuesday, January 16.

Since September 1, 2017, it had 0 insider buys, and 11 selling transactions for $1.16 million activity. Lawson Scott P sold $189,250 worth of stock. On Wednesday, September 20 the insider Dorward-King Elaine J sold $392,268. On Tuesday, January 2 Goldberg Gary J sold $37,890 worth of Newmont Mining Corporation (NYSE:NEM) or 1,000 shares. The insider Engel E Randall sold 5,700 shares worth $229,311.

Howland Capital Management Llc, which manages about $1.25 billion and $1.21B US Long portfolio, upped its stake in Vanguard Intl Equity Index F (VGK) by 7,491 shares to 450,709 shares, valued at $26.29M in 2017Q3, according to the filing. It also increased its holding in American Wtr Wks Co Inc New (NYSE:AWK) by 17,684 shares in the quarter, for a total of 64,525 shares, and has risen its stake in Pimco Etf Tr (MINT).

Investors sentiment increased to 1.14 in 2017 Q3. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold UPS shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported. Clearbridge Investments Ltd Liability Com reported 0.87% in United Parcel Service, Inc. (NYSE:UPS). Great Lakes Advsr Lc reported 75,747 shares. Saturna Capital holds 192,394 shares or 0.75% of its portfolio. The California-based Jacobs And Ca has invested 1.65% in United Parcel Service, Inc. (NYSE:UPS). First Retail Bank holds 13,493 shares. Ci Investments Incorporated stated it has 190,301 shares. The Minnesota-based Gradient Ltd Limited Liability Company has invested 0.47% in United Parcel Service, Inc. (NYSE:UPS). 121,600 were reported by Virginia Retirement Systems Et Al. Comerica Retail Bank holds 545,002 shares. Moreover, Caldwell & Orkin has 1.5% invested in United Parcel Service, Inc. (NYSE:UPS). 11,983 were accumulated by Fiera Capital Corp. Credit Suisse Ag holds 0.14% or 1.22M shares in its portfolio. Meeder Asset Mngmt Inc reported 0.08% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Trustmark Bank & Trust Department accumulated 0.03% or 2,454 shares. Palo Cap Inc stated it has 28,018 shares.

Among 24 analysts covering United Parcel Service (NYSE:UPS), 10 have Buy rating, 1 Sell and 13 Hold. Therefore 42% are positive. United Parcel Service had 68 analyst reports since July 29, 2015 according to SRatingsIntel. S&P Research maintained United Parcel Service, Inc. (NYSE:UPS) on Tuesday, September 22 with “Buy” rating. On Monday, September 25 the stock rating was maintained by Cowen & Co with “Hold”. Zacks upgraded United Parcel Service, Inc. (NYSE:UPS) rating on Tuesday, September 1. Zacks has “Hold” rating and $110 target. Barclays Capital maintained the stock with “Equal Weight” rating in Wednesday, February 1 report. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, January 18 report. The stock of United Parcel Service, Inc. (NYSE:UPS) has “Buy” rating given on Monday, December 4 by Deutsche Bank. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Buy” rating by Oppenheimer on Thursday, July 27. The firm earned “Hold” rating on Friday, October 27 by Robert W. Baird. The firm has “Underweight” rating given on Tuesday, February 23 by Morgan Stanley. Edward Jones upgraded the shares of UPS in report on Tuesday, February 20 to “Buy” rating.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on April, 26. They expect $1.54 earnings per share, up 16.67% or $0.22 from last year’s $1.32 per share. UPS’s profit will be $1.32B for 17.19 P/E if the $1.54 EPS becomes a reality. After $1.67 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts -7.78% negative EPS growth.

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