Levin Capital Strategies L.P. purchased a new stake in shares of Goldcorp Inc. (NYSE:GG) to report earnings on April, 25. (USA) (GG) Stock Is Shining for Investors" published on March 28, 2017 as well as Investorplace.com's news article titled: "Goldcorp Inc.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 23rd. About 4.52M shares traded. Cerebellum GP LLC bought a new position in Goldcorp in the 4th quarter valued at $133,000.
The company's stock is now moving with a +ve distance from the 200 day SMA of approximately 0.72%, and has a solid year to date (YTD) performance of 4.15% which means that the stock is constantly adding to its value from the previous fiscal year end price. Comerica Bank increased its stake in Goldcorp by 4.6% during the third quarter. The company was upgraded on Monday, October 3 by Deutsche Bank.
Shares of Goldcorp Inc. The institutional investor purchased 40,000 shares of the basic materials company's stock, valued at approximately $511,000. The Manufacturers Life Insurance Company now owns 6,108,201 shares of the basic materials company's stock valued at $78,002,000 after acquiring an additional 902,603 shares during the period. The short ratio in the company's stock is documented at 1.07 and the short float is around of 1.05%.
A number of research analysts have recently weighed in on the company. The firm has "Market Perform" rating by BMO Capital Markets given on Monday, December 19. Citigroup's target indicates a ppossible upside of 22.98 % from the last stock close of the stock. TD Securities raised Goldcorp from a "buy" rating to an "action list buy" rating and lifted their price objective for the company from $20.00 to $22.00 in a research note on Wednesday, January 17th. The firm has "Buy" rating given on Thursday, November 30 by Citigroup. Finally, CIBC boosted their price objective on shares of Goldcorp from $17.50 to $20.00 and gave the stock an "outperform" rating in a research note on Wednesday, January 17th. (NYSE:GG), 10 have Buy rating, 0 Sell and 11 Hold. Goldcorp presently has an average rating of "Buy" and a consensus target price of C$21.14. Based on Goldcorp Inc.'s current price of $13.38, the dividend is 0.15 %. (NYSE GG) traded up $0.08 during trading hours on Tuesday, reaching $13.38. Raymond James Financial upped their target price on Goldcorp from $17.00 to $18.00 and gave the stock a "market perform" rating in a report on Wednesday, January 17th. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.91 and a quick ratio of 0.56. The firm has "Neutral" rating given on Wednesday, May 11 by Goldman Sachs. The company had revenue of $853.00 million during the quarter, compared to analysts' expectations of $869.94 million.
Goldcorp Inc. (NYSE:GG) reported its EPS in the last quarter as $0.1/Share lagging the analyst estimate of $0.11/Share by a difference of $-0.01. Stockholders of record on Thursday, March 15th will be issued a dividend of $0.02 per share. The ex-dividend date of this dividend is Wednesday, March 14th. Goldcorp's dividend payout ratio (DPR) is now 10.39%. "(GG) Shares Bought by Cheviot Value Management LLC" was first published by Week Herald and is the property of of Week Herald. If you are viewing this report on another site, it was illegally copied and republished in violation of United States and worldwide copyright and trademark laws.
Goldcorp Inc. (GG) has an annual dividend of $0.08, while its annual dividend yield is 0.6%.
Goldcorp Inc. acquires, explores for, develops, and operates precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper.