Goldcorp (USA) (GG) : Compagnie Lombard Odier Scma scooped up 292,062 additional shares in Goldcorp (USA) during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 712,620 shares of Goldcorp (USA) which is valued at $13,454,266.Goldcorp (USA) makes up approximately 0.38% of Compagnie Lombard Odier Scma’s portfolio.
Other Hedge Funds, Including , Ardsley Advisory Partners sold out all of its stake in GG during the most recent quarter. The investment firm sold 500,000 shares of GG which is valued $9,440,000. Seven Eight Capital added GG to its portfolio by purchasing 9,179 company shares during the most recent quarter which is valued at $173,300. Goldcorp (USA) makes up approx 0.06% of Seven Eight Capital’s portfolio.Bard Associates Inc reduced its stake in GG by selling 420 shares or 1.06% in the most recent quarter. The Hedge Fund company now holds 39,376 shares of GG which is valued at $743,419. Goldcorp (USA) makes up approx 0.37% of Bard Associates Inc’s portfolio.Swiss National Bank boosted its stake in GG in the latest quarter, The investment management firm added 528,900 additional shares and now holds a total of 9,010,200 shares of Goldcorp (USA) which is valued at $162,904,416. Goldcorp (USA) makes up approx 0.26% of Swiss National Bank’s portfolio. Quantitative Investment Management sold out all of its stake in GG during the most recent quarter. The investment firm sold 223,200 shares of GG which is valued $4,035,456.
Goldcorp (USA) opened for trading at $15.12 and hit $15.71 on the upside on Thursday, eventually ending the session at $15.61, with a gain of 2.43% or 0.37 points. The heightened volatility saw the trading volume jump to 98,30,069 shares. Company has a market cap of $13,315 M.
On the company’s financial health, Goldcorp (USA) reported $-0.09 EPS for the quarter, missing the analyst consensus estimate by $ -0.13 based on the information available during the earnings call on Jul 27, 2016. Analyst had a consensus of $0.04. The company had revenue of $921.00 million for the quarter, compared to analysts expectations of $902.71 million. The company’s revenue was down -30.1 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.08 EPS.
Investors should note that on Sep 2, 2016, Goldcorp (USA) announced a cash dividend of $0.0200. The company’s management has announced Sep 13, 2016 as the ex-dividend date and fixed the record date on Sep 15, 2016. The payable date has been fixed on Sep 23, 2016.
Many Wall Street Analysts have commented on Goldcorp (USA). Goldcorp (USA) was Initiated by Berenberg to “Hold” on Sep 7, 2016. Goldcorp (USA) was Initiated by Morgan Stanley to “Overweight” on Aug 9, 2016. Citigroup Initiated Goldcorp (USA) on Aug 2, 2016 to “Neutral”, Price Target of the shares are set at $20.
Goldcorp Inc. (Goldcorp) is a gold producer engaged in the acquisition exploration development and operation of gold properties in Canada the United States Mexico and Central and South America. The Company’s principal products are gold and the byproduct silver copper lead and zinc. Goldcorp’s operating assets include four mines in Canada two mines in Mexico and four in Central and South America.