Kar Auction Services (KAR) Holder Old Second National Bank Of Aurora Has Upped Its Stake; Goldcorp (GG) Holder Old West Investment Management Has Lifted Holding

June 19, 2018 - By Vivian Park

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Old Second National Bank Of Aurora increased its stake in Kar Auction Services Inc. (KAR) by 116.54% based on its latest 2018Q1 regulatory filing with the SEC. Old Second National Bank Of Aurora bought 14,877 shares as the company’s stock rose 2.44% while stock markets declined. The institutional investor held 27,643 shares of the consumer durables company at the end of 2018Q1, valued at $1.50M, up from 12,766 at the end of the previous reported quarter. Old Second National Bank Of Aurora who had been investing in Kar Auction Services Inc. for a number of months, seems to be bullish on the $7.43B market cap company. The stock increased 0.31% or $0.17 during the last trading session, reaching $55.07. About 531,291 shares traded. KAR Auction Services, Inc. (NYSE:KAR) has risen 21.91% since June 19, 2017 and is uptrending. It has outperformed by 9.34% the S&P500. Some Historical KAR News: 27/03/2018 – NEWTON RESOURCES LTD – CHENG KAR SHUN RESIGNED AS A NON-EXECUTIVE DIRECTOR AND CHAIRMAN; 08/05/2018 – KAR AUCTION SEES FY ADJ OPER EPS $2.89 TO $3.04, EST. $2.93; 24/04/2018 – KAR Auction Services, Inc. to Announce First Quarter 2018 Earnings; 19/03/2018 – TradeRev Unveils ‘H’ – Artificial Intelligence to Enhance the Digital Auction Experience; 08/05/2018 – KAR Auction Sees FY Net $329M-Net $349.7M; 14/03/2018 – KAR Auction Services Announces Participation in Upcoming Investor Conference; 23/04/2018 – DJ KAR Auction Services Inc, Inst Holders, 1Q 2018 (KAR); 08/05/2018 – KAR AUCTION SERVICES INC – SEES 2018 OPERATING ADJ NET INCOME PER SHARE BETWEEN $2.89 – $3.04; 16/05/2018 – KAR Auction Presenting at Barclays Conference May 22; 08/05/2018 – KAR AUCTION SERVICES INC KAR.N FY2018 SHR VIEW $2.97 — THOMSON REUTERS l/B/E/S

Old West Investment Management Llc increased its stake in Goldcorp Inc (GG) by 40.11% based on its latest 2018Q1 regulatory filing with the SEC. Old West Investment Management Llc bought 179,798 shares as the company’s stock rose 9.94% while stock markets declined. The hedge fund held 628,019 shares of the precious metals company at the end of 2018Q1, valued at $8.68 million, up from 448,221 at the end of the previous reported quarter. Old West Investment Management Llc who had been investing in Goldcorp Inc for a number of months, seems to be bullish on the $12.41 billion market cap company. The stock increased 0.29% or $0.04 during the last trading session, reaching $14.01. About 3.37M shares traded. Goldcorp Inc. (NYSE:GG) has risen 3.69% since June 19, 2017 and is uptrending. It has underperformed by 8.88% the S&P500. Some Historical GG News: 22/03/2018 – S&PGR Revises Outlook On Goldcorp Inc. To Stable From Negative; 25/04/2018 – GOLDCORP PROVIDES FIRST QUARTER 2018 EXPLORATION UPDATE; 26/04/2018 – SPHINX RESOURCES – IN CONNECTION WITH DEAL, GOLDCORP WILL ACQUIRE 14% INTEREST IN QPM UNDER SUBSCRIPTION AGREEMENT BETWEEN CANADA STRATEGIC & GOLDCORP; 26/04/2018 – Strategic investment by Goldcorp to create a new gold explorer in the Eeyou Istchee James Bay territory of Quebec with Canada S; 26/04/2018 – Goldcorp Announces Voting Results from Annual Shareholders Meetings; 06/03/2018 GOLDCORP DECLARES QUARTERLY DIVIDEND OF $0.02 PER SHARE; 26/04/2018 – Mednax process on life support; 25/04/2018 – Goldcorp 1Q EPS 8c; 30/04/2018 – TR’ONDEK HWECH’IN & GOLDCORP SIGN COLLABORATION PACT; 10/05/2018 – WHEATON RELEASES GOLDCORP GUARANTEE UNDER SILVER PURCHASE PACT

Old West Investment Management Llc, which manages about $207.40M and $173.47M US Long portfolio, decreased its stake in Enphase Energy Inc (NASDAQ:ENPH) by 304,845 shares to 1.47 million shares, valued at $6.74M in 2018Q1, according to the filing. It also reduced its holding in Barrick Gold Corp (NYSE:ABX) by 334,119 shares in the quarter, leaving it with 168,206 shares, and cut its stake in Abbott Laboratories (NYSE:ABT).

Among 21 analysts covering Goldcorp Inc. (NYSE:GG), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Goldcorp Inc. has $22 highest and $13.0 lowest target. $17.83’s average target is 27.27% above currents $14.01 stock price. Goldcorp Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. The firm has “Buy” rating by TD Securities given on Thursday, October 26. The firm earned “Hold” rating on Tuesday, September 19 by RBC Capital Markets. The rating was downgraded by Deutsche Bank on Friday, February 26 to “Sell”. Scotia Capital maintained the stock with “Outperform” rating in Friday, April 28 report. The stock of Goldcorp Inc. (NYSE:GG) earned “Hold” rating by Jefferies on Tuesday, August 15. The firm has “Market Perform” rating given on Monday, December 19 by BMO Capital Markets. Raymond James maintained it with “Market Perform” rating and $17 target in Thursday, June 15 report. The firm earned “Hold” rating on Wednesday, April 11 by Deutsche Bank. TD Securities upgraded Goldcorp Inc. (NYSE:GG) on Wednesday, December 21 to “Buy” rating. The stock has “Buy” rating by Canaccord Genuity on Friday, September 29.

Another recent and important Goldcorp Inc. (NYSE:GG) news was published by Fool.com which published an article titled: “Is Goldcorp Inc. (GG) a Buy?” on May 31, 2018.

Old Second National Bank Of Aurora, which manages about $250.45 million US Long portfolio, decreased its stake in Welltower Inc by 16,503 shares to 2,082 shares, valued at $113,000 in 2018Q1, according to the filing. It also reduced its holding in Merck & Co Inc (NYSE:MRK) by 30,230 shares in the quarter, leaving it with 10,268 shares, and cut its stake in Sector Spdr Healthcare (XLV).

More important recent KAR Auction Services, Inc. (NYSE:KAR) news were published by: Globenewswire.com which released: “KAR Names New Leader for Autoniq” on June 07, 2018, also Globenewswire.com published article titled: “ADESA Appoints New General Managers in Chicago and Fresno”, Globenewswire.com published: “OPENLANE Reimagines Upstream” on June 17, 2018. More interesting news about KAR Auction Services, Inc. (NYSE:KAR) was released by: Globenewswire.com and their article: “KAR Auction Services Announces Participation in Upcoming Investor Conference” with publication date: May 30, 2018.

KAR Auction Services, Inc. (NYSE:KAR) Institutional Positions Chart

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