Coeur Mining, Inc. (CDE) Reaches $8.77 After 4.00% Up Move; Verifone Systems (PAY) Has 1.08 Sentiment

April 18, 2018 - By Nellie Frank

Coeur Mining, Inc. (NYSE:CDE) Logo

Verifone Systems Inc (PAY) investors sentiment increased to 1.08 in Q4 2017. It’s up 0.20, from 0.88 in 2017Q3. The ratio has improved, as 113 hedge funds increased or started new holdings, while 105 reduced and sold their stock positions in Verifone Systems Inc. The hedge funds in our database reported: 112.41 million shares, down from 114.66 million shares in 2017Q3. Also, the number of hedge funds holding Verifone Systems Inc in top ten holdings was flat from 1 to 1 for the same number . Sold All: 35 Reduced: 70 Increased: 73 New Position: 40.

The stock of Coeur Mining, Inc. (NYSE:CDE) is a huge mover today! The stock increased 3.06% or $0.26 during the last trading session, reaching $8.77. About 986,873 shares traded. Coeur Mining, Inc. (NYSE:CDE) has declined 3.70% since April 18, 2017 and is downtrending. It has underperformed by 15.25% the S&P500.The move comes after 6 months positive chart setup for the $1.63 billion company. It was reported on Apr, 18 by Barchart.com. We have $9.12 PT which if reached, will make NYSE:CDE worth $65.32M more.

Analysts await Coeur Mining, Inc. (NYSE:CDE) to report earnings on April, 25 after the close. They expect $-0.04 earnings per share, down 200.00% or $0.08 from last year’s $0.04 per share. After $0.08 actual earnings per share reported by Coeur Mining, Inc. for the previous quarter, Wall Street now forecasts -150.00% negative EPS growth.

Among 8 analysts covering Coeur Mining (NYSE:CDE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Coeur Mining had 52 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets maintained Coeur Mining, Inc. (NYSE:CDE) rating on Thursday, February 8. BMO Capital Markets has “Buy” rating and $9.5 target. As per Tuesday, February 27, the company rating was maintained by BMO Capital Markets. The firm earned “Buy” rating on Tuesday, November 14 by BMO Capital Markets. The company was maintained on Sunday, October 1 by BMO Capital Markets. The stock of Coeur Mining, Inc. (NYSE:CDE) earned “Buy” rating by RBC Capital Markets on Monday, June 12. BMO Capital Markets maintained the stock with “Buy” rating in Wednesday, June 28 report. On Tuesday, October 13 the stock rating was maintained by TH Capital with “Buy”. BMO Capital Markets initiated the stock with “Outperform” rating in Friday, November 17 report. Roth Capital maintained the stock with “Buy” rating in Friday, February 9 report. Deutsche Bank maintained the stock with “Hold” rating in Monday, November 9 report.

Investors sentiment increased to 1.37 in 2017 Q4. Its up 0.33, from 1.04 in 2017Q3. It increased, as 23 investors sold Coeur Mining, Inc. shares while 36 reduced holdings. 29 funds opened positions while 52 raised stakes. 135.24 million shares or 6.78% more from 126.65 million shares in 2017Q3 were reported. State Bank Of America De accumulated 685,276 shares. Pacad Investment Ltd accumulated 5,000 shares or 0.01% of the stock. Atlantic Trust Gru Ltd Com holds 0% or 74 shares. Cubist Systematic Strategies Ltd Liability holds 19,373 shares or 0.01% of its portfolio. Advisory Ser Net Ltd Limited Liability Company reported 54,771 shares or 0.04% of all its holdings. Bnp Paribas Arbitrage Sa invested in 0% or 155,839 shares. Tiaa Cref Investment Ltd Limited Liability Company stated it has 849,116 shares or 0% of all its holdings. Merriman Wealth Limited Liability Co holds 25,000 shares. Stone Ridge Asset Mngmt reported 0.01% of its portfolio in Coeur Mining, Inc. (NYSE:CDE). Shufro Rose And Ltd Limited Liability Company invested in 0.04% or 54,600 shares. Trexquant Inv Lp, Connecticut-based fund reported 59,592 shares. Great West Life Assurance Can holds 24,041 shares or 0% of its portfolio. Sigma Planning Corporation stated it has 0.01% of its portfolio in Coeur Mining, Inc. (NYSE:CDE). Dimensional Fund Advsrs Ltd Partnership holds 0.03% in Coeur Mining, Inc. (NYSE:CDE) or 8.17 million shares. Ubs Asset Mgmt Americas Inc accumulated 119,102 shares.

Coeur Mining, Inc. owns, operates, explores for, and develops silver and gold properties. The company has market cap of $1.63 billion. The firm holds interests in the Palmarejo silver and gold mine located in Mexico; the Rochester silver and gold mine in northwestern Nevada; the Kensington gold mine located to the north of Juneau, Alaska; and the Wharf gold mine in South Dakota. It currently has negative earnings. It also owns interests in the San Bartolomé silver mine in Bolivia; the Endeavor zinc, lead, and silver mine located in Australia; the La Preciosa silver-gold exploration project in the State of Durango, Mexico; and the Joaquin silver-gold exploration project located in the Santa Cruz province of southern Argentina.

Since October 30, 2017, it had 1 buying transaction, and 5 selling transactions for $322,487 activity. Shares for $8,477 were bought by MELLOR ROBERT E on Thursday, February 15. Mitchell Peter C. had sold 10,000 shares worth $79,680 on Monday, February 26. On Friday, January 12 the insider Hanagarne Frank L. Jr. sold $48,314. The insider Rasmussen Hans John sold 10,000 shares worth $81,500.

VeriFone Systems, Inc. provides payments and commerce solutions at the point of sale worldwide. The company has market cap of $2.53 billion. It offers countertop solutions that accept payment options, such as contactless, NFC, mobile wallets, and EMV; PIN pads that support credit and debit card, EBT, EMV, and other PIN transactions; and multimedia consumer facing POS devices. It currently has negative earnings. The firm also provides portable payment devices, including small, portable, and handheld devices that enable merchants to accept electronic payments wherever wireless connectivity is available; and mobile solutions that attach to and interface with iOS, Android, or Windows smartphones and tablets.

Analysts await VeriFone Systems, Inc. (NYSE:PAY) to report earnings on June, 14. They expect $0.22 earnings per share, up 10.00% or $0.02 from last year’s $0.2 per share. PAY’s profit will be $24.35 million for 26.01 P/E if the $0.22 EPS becomes a reality. After $0.16 actual earnings per share reported by VeriFone Systems, Inc. for the previous quarter, Wall Street now forecasts 37.50% EPS growth.

Ratings analysis reveals 29% of VeriFone’s analysts are positive. Out of 7 Wall Street analysts rating VeriFone, 2 give it “Buy”, 0 “Sell” rating, while 5 recommend “Hold”. The lowest target is $15.0 while the high is $23.0. The stock’s average target of $18 is -21.36% below today’s ($22.89) share price. PAY was included in 7 notes of analysts from September 2, 2016. The company was downgraded on Friday, September 2 by Piper Jaffray. The firm has “In-Line” rating given on Monday, September 12 by Imperial Capital. RBC Capital Markets maintained VeriFone Systems, Inc. (NYSE:PAY) on Friday, September 2 with “Sector Perform” rating. The stock has “Neutral” rating by Compass Point on Tuesday, December 13. The firm earned “Buy” rating on Friday, September 2 by Stifel Nicolaus. The firm has “Buy” rating by Craig Hallum given on Monday, October 17. The firm has “Hold” rating given on Friday, September 2 by Deutsche Bank.

Lapides Asset Management Llc holds 4.29% of its portfolio in VeriFone Systems, Inc. for 1.12 million shares. Guinness Atkinson Asset Management Inc owns 306,710 shares or 3.32% of their US portfolio. Moreover, Snow Capital Management Lp has 3.06% invested in the company for 3.88 million shares. The Illinois-based Sg Capital Management Llc has invested 2.19% in the stock. Horrell Capital Management Inc., a Arkansas-based fund reported 225,000 shares.

VeriFone Systems, Inc. (NYSE:PAY) Institutional Positions Chart

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