Callaway Golf Co (ELY) Reaches $14.07 52-Week High; Goldfield (NYSEMKT:GV) Shorts Down By 8.48%

September 13, 2017 - By Nellie Frank

The stock of Callaway Golf Co (NYSE:ELY) hit a new 52-week high and has $15.05 target or 7.00% above today’s $14.07 share price. The 5 months bullish chart indicates low risk for the $1.33 billion company. The 1-year high was reported on Sep, 13 by Barchart.com. If the $15.05 price target is reached, the company will be worth $93.10M more. About 294,405 shares traded. Callaway Golf Co (NYSE:ELY) has risen 39.56% since September 13, 2016 and is uptrending. It has outperformed by 22.86% the S&P500.

Goldfield Corporation (NYSEMKT:GV) had a decrease of 8.48% in short interest. GV’s SI was 247,100 shares in September as released by FINRA. Its down 8.48% from 270,000 shares previously. With 118,600 avg volume, 2 days are for Goldfield Corporation (NYSEMKT:GV)’s short sellers to cover GV’s short positions. The SI to Goldfield Corporation’s float is 1.18%. About 604,853 shares traded or 122.37% up from the average. Goldfield Corp (NYSEMKT:GV) has risen 77.87% since September 13, 2016 and is uptrending. It has outperformed by 61.17% the S&P500.

Investors sentiment decreased to 0.82 in 2016 Q4. Its down 2.11, from 2.93 in 2016Q3. It dived, as 6 investors sold Goldfield Corp shares while 7 reduced holdings. 14 funds opened positions while 12 raised stakes. 7.00 million shares or 40.15% more from 5.00 million shares in 2016Q3 were reported. Renaissance Technologies Limited Liability Company owns 1.63 million shares. Geode Cap Limited Co reported 171,159 shares. 64,612 are held by State Bank Of New York Mellon Corp. Blackrock Fund Advisors, California-based fund reported 61,991 shares. Dimensional Fund L P, a Texas-based fund reported 765,120 shares. Blackrock Invest Mgmt Ltd Llc, New Jersey-based fund reported 4,119 shares. Deutsche Natl Bank Ag reported 107,619 shares. Lafitte Mngmt Lp reported 336,534 shares. St Johns Investment Ltd Liability Corporation holds 0% or 200 shares. Clarivest Asset Management Limited Liability Corporation has invested 0% in Goldfield Corp (NYSEMKT:GV). Oxford Asset Management accumulated 322,972 shares. Acadian Asset Mgmt Ltd Liability Corporation has invested 0% in Goldfield Corp (NYSEMKT:GV). Eagle Global Advsr Ltd Liability Co invested in 132,390 shares or 0.02% of the stock. 885,600 were accumulated by Vanguard Gp. Kcg Hldg has 0.01% invested in Goldfield Corp (NYSEMKT:GV) for 72,327 shares.

The Goldfield Corporation is engaged in the construction of electrical infrastructure for the utility industry and industrial customers. The company has market cap of $148.89 million. The Firm serves clients in the Southeast and mid-Atlantic regions of the United States, including Texas. It has a 14.78 P/E ratio. It operates through electrical construction segment.

Since March 21, 2017, it had 0 buys, and 6 selling transactions for $2.21 million activity. Hocknell Alan also sold $398,082 worth of Callaway Golf Co (NYSE:ELY) on Friday, May 5. On Thursday, May 11 the insider Howie Neil sold $485,700. Arnett Richard H. sold 30,204 shares worth $382,941. $136,440 worth of Callaway Golf Co (NYSE:ELY) shares were sold by THORNLEY ANTHONY S.

Callaway Golf Company designs, manufactures and sells golf clubs, golf balls, golf bags and other golf-related accessories. The company has market cap of $1.33 billion. The Firm has two divisions: the golf clubs segment and golf balls segment. It has a 7.76 P/E ratio. The golf clubs segment consists of its woods, hybrids, irons and wedges, and Odyssey putters.

Among 12 analysts covering Callaway Golf (NYSE:ELY), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Callaway Golf has $1800 highest and $10 lowest target. $14.30’s average target is 1.63% above currents $14.07 stock price. Callaway Golf had 23 analyst reports since August 23, 2015 according to SRatingsIntel. The stock of Callaway Golf Co (NYSE:ELY) earned “Neutral” rating by Compass Point on Friday, September 9. The stock has “Buy” rating by Jefferies on Tuesday, June 6. Wunderlich upgraded it to “Buy” rating and $12 target in Monday, May 23 report. The firm has “Neutral” rating given on Monday, August 7 by Compass Point. The company was maintained on Tuesday, May 23 by Imperial Capital. On Friday, May 13 the stock rating was upgraded by SunTrust to “Buy”. As per Friday, August 4, the company rating was maintained by Jefferies. The rating was maintained by Imperial Capital on Tuesday, February 7 with “Outperform”. The stock of Callaway Golf Co (NYSE:ELY) earned “Buy” rating by Sterne Agee CRT on Sunday, August 23. Ladenburg Thalmann initiated Callaway Golf Co (NYSE:ELY) on Monday, January 4 with “Buy” rating.

Investors sentiment increased to 1.44 in 2016 Q4. Its up 0.42, from 1.02 in 2016Q3. It improved, as 29 investors sold Callaway Golf Co shares while 60 reduced holdings. 31 funds opened positions while 78 raised stakes. 80.22 million shares or 2.93% more from 77.94 million shares in 2016Q3 were reported. Highbridge Mngmt Ltd reported 0.01% of its portfolio in Callaway Golf Co (NYSE:ELY). Princeton Alpha Mgmt Ltd Partnership holds 0.04% or 16,595 shares in its portfolio. Northpointe Capital Limited Company holds 1.3% in Callaway Golf Co (NYSE:ELY) or 1.19 million shares. Kennedy Cap Mngmt has invested 0.07% in Callaway Golf Co (NYSE:ELY). Blackrock Investment Mgmt Limited Liability holds 499,672 shares. Sei invested 0% of its portfolio in Callaway Golf Co (NYSE:ELY). Fil accumulated 2.17 million shares or 0.07% of the stock. National Bank Of America Corporation De accumulated 316,623 shares or 0% of the stock. D E Shaw & accumulated 412,417 shares. Jpmorgan Chase & stated it has 711,618 shares or 0% of all its holdings. Panagora Asset Mngmt owns 0.01% invested in Callaway Golf Co (NYSE:ELY) for 153,196 shares. Sentinel Asset Mngmt invested in 0.27% or 977,210 shares. Weiss Multi has invested 0.17% of its portfolio in Callaway Golf Co (NYSE:ELY). Sunbelt Secs holds 211 shares or 0% of its portfolio. 829,235 are owned by Heartland Inc.

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