As Goldcorp (GG) Stock Price Rose, Pcj Investment Counsel LTD Has Upped by $8.22 Million Its Holding; Shaker Financial Services Holding in Central Secs (CET) Trimmed by $745,758 as Market Valuation Rose

June 14, 2018 - By Vivian Currie

Goldcorp Inc. (NYSE:GG) Logo

Pcj Investment Counsel Ltd increased its stake in Goldcorp Inc. (GG) by 73.95% based on its latest 2018Q1 regulatory filing with the SEC. Pcj Investment Counsel Ltd bought 632,580 shares as the company’s stock rose 9.94% while stock markets declined. The institutional investor held 1.49M shares of the precious metals company at the end of 2018Q1, valued at $20.53M, up from 855,445 at the end of the previous reported quarter. Pcj Investment Counsel Ltd who had been investing in Goldcorp Inc. for a number of months, seems to be bullish on the $12.49B market cap company. The stock increased 0.92% or $0.13 during the last trading session, reaching $14.32. About 4.67 million shares traded. Goldcorp Inc. (NYSE:GG) has risen 3.69% since June 14, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Shaker Financial Services Llc decreased its stake in Central Secs Corp (CET) by 8.98% based on its latest 2018Q1 regulatory filing with the SEC. Shaker Financial Services Llc sold 28,683 shares as the company’s stock rose 1.76% while stock markets declined. The institutional investor held 290,596 shares of the company at the end of 2018Q1, valued at $7.75M, down from 319,279 at the end of the previous reported quarter. Shaker Financial Services Llc who had been investing in Central Secs Corp for a number of months, seems to be less bullish one the $719.19 million market cap company. The stock increased 0.35% or $0.1 during the last trading session, reaching $28.6. About 9,551 shares traded. Central Securities Corp. (NYSEMKT:CET) has risen 14.72% since June 14, 2017 and is uptrending. It has outperformed by 2.15% the S&P500.

Pcj Investment Counsel Ltd, which manages about $1.44 billion US Long portfolio, decreased its stake in Barrick Gold Corp. (NYSE:ABX) by 263,950 shares to 1.14M shares, valued at $14.19 million in 2018Q1, according to the filing. It also reduced its holding in Hudbay Minerals Inc. (NYSE:HBM) by 50,000 shares in the quarter, leaving it with 68,461 shares, and cut its stake in Telus Corp. (NYSE:TU).

More news for Goldcorp Inc. (NYSE:GG) were recently published by: Fool.com, which released: “Is Goldcorp Inc. (GG) a Buy?” on May 31, 2018. Globenewswire.com‘s article titled: “Consolidated Research: 2018 Summary Expectations for Liberty Property Trust, Goldcorp, Restoration Hardware …” and published on June 13, 2018 is yet another important article.

Among 21 analysts covering Goldcorp Inc. (NYSE:GG), 11 have Buy rating, 0 Sell and 10 Hold. Therefore 52% are positive. Goldcorp Inc. had 64 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Hold” rating and $1600 target in Monday, June 12 report. Morgan Stanley initiated the shares of GG in report on Tuesday, August 9 with “Overweight” rating. The stock of Goldcorp Inc. (NYSE:GG) has “Hold” rating given on Wednesday, January 17 by Canaccord Genuity. On Monday, April 23 the stock rating was upgraded by Canaccord Genuity to “Buy”. The company was downgraded on Monday, April 11 by RBC Capital Markets. As per Friday, February 12, the company rating was downgraded by IBC. The firm earned “Hold” rating on Wednesday, April 25 by Jefferies. The rating was initiated by Citigroup on Tuesday, August 2 with “Neutral”. The stock of Goldcorp Inc. (NYSE:GG) earned “Neutral” rating by Goldman Sachs on Wednesday, May 11. Citigroup upgraded Goldcorp Inc. (NYSE:GG) on Thursday, November 30 to “Buy” rating.

Investors sentiment decreased to 1.23 in 2018 Q1. Its down 0.60, from 1.83 in 2017Q4. It turned negative, as 5 investors sold CET shares while 8 reduced holdings. 6 funds opened positions while 10 raised stakes. 2.59 million shares or 4.44% less from 2.71 million shares in 2017Q4 were reported. Wells Fargo And Mn owns 44,054 shares or 0% of their US portfolio. 152,020 are owned by Geode Cap Management Ltd. Guggenheim Capital Limited Liability Company accumulated 0% or 41,000 shares. Moreover, Of Vermont has 0% invested in Central Securities Corp. (NYSEAMERICAN:CET). Architects has 0.04% invested in Central Securities Corp. (NYSEAMERICAN:CET). Brown Brothers Harriman has 0.01% invested in Central Securities Corp. (NYSEAMERICAN:CET). Walleye Trading Limited Liability Co holds 0% of its portfolio in Central Securities Corp. (NYSEAMERICAN:CET) for 9,682 shares. Shaker Financial Svcs Limited Com invested 3.74% in Central Securities Corp. (NYSEAMERICAN:CET). Css Llc Il invested in 35,158 shares or 0.05% of the stock. Raymond James Fincl Serv Advsr has 0% invested in Central Securities Corp. (NYSEAMERICAN:CET) for 16,183 shares. Institute For Wealth Management Ltd reported 33,141 shares or 0.26% of all its holdings. First Manhattan accumulated 0.01% or 33,330 shares. The New Jersey-based Bulldog Invsts Limited has invested 2.68% in Central Securities Corp. (NYSEAMERICAN:CET). Citigroup Incorporated holds 43,572 shares. Raymond James And Assoc owns 0.01% invested in Central Securities Corp. (NYSEAMERICAN:CET) for 233,513 shares.

Shaker Financial Services Llc, which manages about $132.85M and $207.01M US Long portfolio, upped its stake in Bancroft Fund Ltd (BCV) by 19,625 shares to 38,112 shares, valued at $800,000 in 2018Q1, according to the filing. It also increased its holding in Adams Diversified Equity Fd (ADX) by 446,889 shares in the quarter, for a total of 476,173 shares, and has risen its stake in Ivy High Inc Opportunities F (IVH).

Since April 2, 2018, it had 3 insider buys, and 0 selling transactions for $429,263 activity. 7,000 shares valued at $199,723 were bought by Blackford Leo Price on Friday, June 8.

Goldcorp Inc. (NYSE:GG) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.





Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: