T Mobile Us (TMUS) Valuation Declined While Roystone Capital Management LP Upped Position by $2.07 Million; Newmont Mining (NEM) Share Value Rose While Clinton Group Decreased Stake by $4.62 Million

June 23, 2018 - By mmahotstuff

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Richard Barrera increased its stake in T Mobile Us Inc (TMUS) by 5.45% based on its latest 2018Q1 regulatory filing with the SEC. Roystone Capital Management Lp bought 34,000 shares as the company’s stock declined 7.40% with the market. The hedge fund run by Richard Barrera held 658,281 shares of the public utilities company at the end of 2018Q1, valued at $40.18M, up from 624,281 at the end of the previous reported quarter. Roystone Capital Management Lp who had been investing in T Mobile Us Inc for a number of months, seems to be bullish on the $51.48B market cap company. The stock increased 1.32% or $0.79 during the last trading session, reaching $60.79. About 2.54M shares traded. T-Mobile US, Inc. (NYSE:TMUS) has declined 16.61% since June 23, 2017 and is downtrending. It has underperformed by 29.18% the S&P500. Some Historical TMUS News: 30/04/2018 – Concerns about 5G spending brought Sprint and T-Mobile together, although it’s also a convenient rationale for a deal; 10/04/2018 – Yahoo! Finance: Sprint in new talks to merge with T-Mobile; 09/05/2018 – ALTICE USA SAYS ITS PLANNED WIRELESS SERVICE WILL BENEFIT FROM SPRINT’S ROAMING AGREEMENT WITH T-MOBILE, IRRESPECTIVE OF DEAL OUTCOME – CONF CALL; 30/04/2018 – T-Mobile wanted to buy Straight Path last year, but it bowed out early after AT&T and Verizon bid up the company; 23/05/2018 – U.S. SENATE COMMITTEE TO HOLD HEARING ON SPRINT T-MOBILE MERGER ON JUNE 27 — STATEMENT; 25/05/2018 – Lewandowski is getting paid by T-Mobile as part of the contract with Turnberry, according to documents reviewed by the Journal, as well as people familiar with his involvement; 30/04/2018 – 5G sounds amazing – but Sprint and T-Mobile’s merger won’t provide any instant miracles; 29/04/2018 – T-Mobile and Sprint Join in $146B Deal, Promise 5G Everything — Barron’s Blog; 17/04/2018 – CORRECTING and REPLACING GRAPHIC Strategy Analytics: Sprint’s FlixLatino Partnership Underlines a Different Path in Video to AT&T, T-Mobile and Verizon; 01/05/2018 – T-Mobile Rings Up Subscriber Growth

Greg Taxin decreased its stake in Newmont Mining Corp (NEM) by 51.68% based on its latest 2018Q1 regulatory filing with the SEC. Clinton Group Inc sold 118,535 shares as the company’s stock rose 0.31% while stock markets declined. The hedge fund run by Greg Taxin held 110,831 shares of the precious metals company at the end of 2018Q1, valued at $4.33 million, down from 229,366 at the end of the previous reported quarter. Clinton Group Inc who had been investing in Newmont Mining Corp for a number of months, seems to be less bullish one the $19.98 billion market cap company. The stock increased 1.19% or $0.44 during the last trading session, reaching $37.46. About 5.88 million shares traded or 29.73% up from the average. Newmont Mining Corporation (NYSE:NEM) has risen 17.98% since June 23, 2017 and is uptrending. It has outperformed by 5.41% the S&P500. Some Historical NEM News: 26/04/2018 – Canadian Miner Agnico to divest cobalt assets, sells gold interests; 09/04/2018 – LYDIAN INTERNATIONAL LTD – EXERCISED OPTION TO TERMINATE ROYALTY AGREEMENT WITH NEWMONT OVERSEAS EXPLORATION LIMITED; 26/04/2018 – AGNICO EAGLE MINES – NEWMONT TO PURCHASE AGNICO EAGLE’S 51% INTEREST IN WEST PEQUOP JV, CO’S INTEREST IN SUMMIT & PQX PROPERTIES IN NORTHEASTERN NEVADA; 26/04/2018 – NEWMONT MINING CORP – GOLD AISC ROSE EIGHT PERCENT TO $973 PER OUNCE FOR QUARTER; 27/04/2018 – Newmont Mining Names Rene Medori to Board; 15/05/2018 – Newmont, Freeport Pace Declines in Miners as Dollar Sinks Metals; 09/04/2018 – NEWMONT- AHAFO MILL EXPANSION AND ALL SURFACE CIVIL CONSTRUCTION WORK TO REMAIN SUSPENDED UNTIL CO, AUTHORITIES ARE SATISFIED OF SAFE WORK RESUMPTION; 02/05/2018 – Newmont Presenting at Bank of America Conference May 15; 09/04/2018 – NEWMONT SAYS AHAFO & AKYEM MINES RESTARTED AFTER ACCIDENT; 24/04/2018 – Newmont Announces Quarterly Dividend of $0.14 per Share

Investors sentiment decreased to 1.02 in Q1 2018. Its down 0.04, from 1.06 in 2017Q4. It dived, as 38 investors sold NEM shares while 183 reduced holdings. 65 funds opened positions while 161 raised stakes. 428.96 million shares or 0.02% more from 428.87 million shares in 2017Q4 were reported. Korea Invest stated it has 298,790 shares. Prospector Prtn Ltd Liability Corp invested in 55,200 shares. Moreover, Tower Rech Cap Ltd Liability Com (Trc) has 0% invested in Newmont Mining Corporation (NYSE:NEM) for 810 shares. Art Advsrs Limited Com accumulated 81,004 shares. Rhumbline Advisers accumulated 0.08% or 984,169 shares. Oakbrook Invs Ltd Liability invested in 43,477 shares or 0.11% of the stock. Great West Life Assurance Com Can holds 0.21% or 2.22M shares. Td Asset reported 472,112 shares. Ing Groep Nv invested in 0.06% or 88,526 shares. Putnam Invests Ltd Liability Com has 0.03% invested in Newmont Mining Corporation (NYSE:NEM). Engineers Gate Manager LP holds 0.22% of its portfolio in Newmont Mining Corporation (NYSE:NEM) for 85,506 shares. Oberweis Asset stated it has 6,241 shares or 0.06% of all its holdings. Franklin Res Inc has 0.02% invested in Newmont Mining Corporation (NYSE:NEM). 89,737 were accumulated by Kbc Grp Incorporated Nv. Meiji Yasuda Asset Limited owns 98,807 shares or 0.37% of their US portfolio.

Since January 2, 2018, it had 0 insider buys, and 24 sales for $2.60 million activity. Gottesfeld Stephen P had sold 3,500 shares worth $135,038 on Friday, June 1. 1,250 shares were sold by Palmer Thomas Ronald, worth $49,300 on Monday, April 2. Engel E Randall also sold $220,829 worth of Newmont Mining Corporation (NYSE:NEM) shares. 4,000 shares were sold by Goldberg Gary J, worth $154,977 on Tuesday, May 1. Lawson Scott P sold $58,593 worth of Newmont Mining Corporation (NYSE:NEM) on Monday, April 2. Buese Nancy had sold 2,000 shares worth $77,940.

More important recent Newmont Mining Corporation (NYSE:NEM) news were published by: Gurufocus.com which released: “Sumitomo Enters Into Newmont Mining-Buenaventura JV for Yanacocha” on June 22, 2018, also Finance.Yahoo.com published article titled: “There Are Safer Ways to Invest in Gold Stocks as the Price Stays Dicey”, Investingnews.com published: “Precious Metals Weekly Round-Up: Gold and Silver Rise on Weaker Dollar” on June 22, 2018. More interesting news about Newmont Mining Corporation (NYSE:NEM) was released by: Seekingalpha.com and their article: “Sumitomo buys 5% stake in Newmont-Buenaventura gold mine” with publication date: June 21, 2018.

Analysts await Newmont Mining Corporation (NYSE:NEM) to report earnings on July, 24. They expect $0.33 earnings per share, down 28.26% or $0.13 from last year’s $0.46 per share. NEM’s profit will be $176.05 million for 28.38 P/E if the $0.33 EPS becomes a reality. After $0.35 actual earnings per share reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts -5.71% negative EPS growth.

Clinton Group Inc, which manages about $2.04 billion and $931.78M US Long portfolio, upped its stake in Weingarten Rlty Invs (NYSE:WRI) by 17,154 shares to 97,863 shares, valued at $2.75 million in 2018Q1, according to the filing. It also increased its holding in Western Gas Partners Lp (NYSE:WES) by 20,053 shares in the quarter, for a total of 79,850 shares, and has risen its stake in Tallgrass Energy Gp Lp.

Among 25 analysts covering Newmont Mining Corporation (NYSE:NEM), 14 have Buy rating, 1 Sell and 10 Hold. Therefore 56% are positive. Newmont Mining Corporation had 94 analyst reports since July 24, 2015 according to SRatingsIntel. On Friday, March 11 the stock rating was downgraded by Bank of America to “Neutral”. The stock of Newmont Mining Corporation (NYSE:NEM) earned “Overweight” rating by Barclays Capital on Monday, October 17. RBC Capital Markets maintained the stock with “Hold” rating in Monday, June 12 report. Clarkson Capital initiated the stock with “Buy” rating in Tuesday, February 16 report. The stock of Newmont Mining Corporation (NYSE:NEM) earned “Sector Perform” rating by Scotia Capital on Wednesday, April 26. The stock has “Buy” rating by Credit Suisse on Friday, April 28. The firm earned “Outperform” rating on Friday, July 24 by IBC. The rating was maintained by Citigroup with “Neutral” on Thursday, March 1. The rating was maintained by BMO Capital Markets on Monday, April 24 with “Buy”. The rating was maintained by Jefferies with “Hold” on Thursday, July 14.

Roystone Capital Management Lp, which manages about $1.66 billion and $1.12B US Long portfolio, decreased its stake in Mckesson Corp (NYSE:MCK) by 21,000 shares to 298,600 shares, valued at $42.06M in 2018Q1, according to the filing. It also reduced its holding in Stewart Information Svcs Cor (NYSE:STC) by 163,622 shares in the quarter, leaving it with 290,689 shares, and cut its stake in Dxc Technology Co.

Investors sentiment increased to 1.05 in Q1 2018. Its up 0.01, from 1.04 in 2017Q4. It improved, as 56 investors sold TMUS shares while 157 reduced holdings. 76 funds opened positions while 148 raised stakes. 268.07 million shares or 4.31% less from 280.13 million shares in 2017Q4 were reported. Menora Mivtachim Holdg Ltd holds 0.61% or 368,475 shares in its portfolio. M&R Capital Management holds 220 shares. 28,117 were accumulated by Shell Asset Mgmt Co. Braun Stacey Assoc holds 1% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS) for 238,892 shares. Cornerstone reported 0.01% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS). Signaturefd Ltd Com has invested 0% in T-Mobile US, Inc. (NASDAQ:TMUS). Dorsal Cap Mngmt Ltd Limited Liability Company holds 1.00 million shares or 2.94% of its portfolio. Meiji Yasuda Life Co invested in 0.26% or 27,360 shares. 13,858 are held by First Republic Invest Management Inc. Connor Clark & Lunn Inv Mngmt, British Columbia – Canada-based fund reported 23,800 shares. Of Vermont stated it has 562 shares or 0% of all its holdings. Bridgewater Assoc Ltd Partnership holds 0% or 3,337 shares. Jefferies Grp Incorporated Ltd Limited Liability Company invested 0.01% in T-Mobile US, Inc. (NASDAQ:TMUS). Nwi Limited Partnership reported 1.11M shares. Neuberger Berman Group Ltd Co stated it has 0.25% of its portfolio in T-Mobile US, Inc. (NASDAQ:TMUS).

Among 33 analysts covering T-Mobile US (NYSE:TMUS), 26 have Buy rating, 1 Sell and 6 Hold. Therefore 79% are positive. T-Mobile US had 83 analyst reports since August 3, 2015 according to SRatingsIntel. Bank of America maintained the stock with “Underperform” rating in Friday, February 9 report. The stock of T-Mobile US, Inc. (NASDAQ:TMUS) has “Buy” rating given on Thursday, November 9 by Deutsche Bank. The rating was maintained by RBC Capital Markets on Monday, October 2 with “Buy”. The stock of T-Mobile US, Inc. (NASDAQ:TMUS) earned “Buy” rating by Goldman Sachs on Tuesday, May 23. The rating was maintained by Oppenheimer with “Buy” on Monday, April 30. On Thursday, January 18 the stock rating was maintained by Cowen & Co with “Buy”. As per Thursday, March 24, the company rating was initiated by FBR Capital. The rating was maintained by RBC Capital Markets on Monday, November 6 with “Buy”. Nomura initiated the stock with “Buy” rating in Friday, October 16 report. Jefferies maintained the stock with “Buy” rating in Tuesday, August 1 report.

Since February 14, 2018, it had 1 buy, and 0 insider sales for $17.34 million activity.

More notable recent T-Mobile US, Inc. (NASDAQ:TMUS) news were published by: Seekingalpha.com which released: “Altice USA: Flip That Cable Company” on June 22, 2018, also Fool.com with their article: “Revisiting AT&T’s Rationale for Buying Time Warner” published on June 20, 2018, Nasdaq.com published: “Nokia and T-Mobile achieve nation’s first 3GPP-compliant bi-directional 5G New Radio data transmission” on June 07, 2018. More interesting news about T-Mobile US, Inc. (NASDAQ:TMUS) were released by: Nasdaq.com and their article: “The Simple Difference Between the AT&T-Time Warner and T-Mobile-Sprint Mergers” published on June 13, 2018 as well as Nasdaq.com‘s news article titled: “Verizon Is Already Benefiting From the Proposed T-Mobile-Sprint Merger” with publication date: June 22, 2018.

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