Goldcorp Inc. (GG) Stake Increased by Patton Albertson Miller Group LLC

Patton Albertson Miller Group LLC raised its position in Goldcorp Inc. (NYSE:GG) (TSE:G) by 34.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 28,851 shares of the basic materials company’s stock after buying an additional 7,325 shares during the period. Patton Albertson Miller Group LLC’s holdings in Goldcorp were worth $377,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of GG. First Interstate Bank raised its position in shares of Goldcorp by 1.2% in the first quarter. First Interstate Bank now owns 12,750 shares of the basic materials company’s stock worth $186,000 after buying an additional 150 shares in the last quarter. Lowe Wealth Advisors LLC raised its position in shares of Goldcorp by 0.4% in the second quarter. Lowe Wealth Advisors LLC now owns 68,067 shares of the basic materials company’s stock worth $879,000 after buying an additional 272 shares in the last quarter. Winslow Evans & Crocker Inc. raised its position in shares of Goldcorp by 1.3% in the first quarter. Winslow Evans & Crocker Inc. now owns 24,252 shares of the basic materials company’s stock worth $354,000 after buying an additional 312 shares in the last quarter. Regal Investment Advisors LLC raised its position in shares of Goldcorp by 2.8% in the first quarter. Regal Investment Advisors LLC now owns 15,377 shares of the basic materials company’s stock worth $224,000 after buying an additional 417 shares in the last quarter. Finally, Headinvest LLC raised its position in shares of Goldcorp by 1.8% in the first quarter. Headinvest LLC now owns 27,809 shares of the basic materials company’s stock worth $406,000 after buying an additional 500 shares in the last quarter. 56.82% of the stock is currently owned by institutional investors and hedge funds.

Shares of Goldcorp Inc. (GG) opened at 13.03 on Friday. Goldcorp Inc. has a 12 month low of $11.91 and a 12 month high of $19.34. The company has a market capitalization of $11.27 billion, a P/E ratio of 23.91 and a beta of 0.02. The company’s 50 day moving average price is $13.09 and its 200 day moving average price is $14.46.

COPYRIGHT VIOLATION WARNING: This report was first reported by Community Financial News and is owned by of Community Financial News. If you are viewing this report on another domain, it was copied illegally and reposted in violation of United States & international trademark and copyright laws. The legal version of this report can be accessed at https://www.com-unik.info/2017/08/11/goldcorp-inc-gg-stake-increased-by-patton-albertson-miller-group-llc.html.

A number of research analysts have commented on GG shares. Jefferies Group LLC upped their price objective on Goldcorp from $14.50 to $15.00 and gave the company a “hold” rating in a report on Wednesday, April 19th. Scotiabank reaffirmed an “outperform” rating and issued a $19.00 price objective on shares of Goldcorp in a report on Thursday, April 27th. Morgan Stanley reaffirmed an “overweight” rating and issued a $17.00 price objective on shares of Goldcorp in a report on Monday, May 1st. Royal Bank Of Canada set a $17.00 price objective on Goldcorp and gave the company a “hold” rating in a report on Wednesday, May 24th. Finally, Barclays PLC reaffirmed an “overweight” rating and issued a $18.00 price objective (down from $19.00) on shares of Goldcorp in a report on Thursday, June 1st. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the stock. Goldcorp currently has an average rating of “Hold” and a consensus target price of $17.08.

Goldcorp Company Profile

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of 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. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

Want to see what other hedge funds are holding GG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Goldcorp Inc. (NYSE:GG) (TSE:G).

Institutional Ownership by Quarter for Goldcorp (NYSE:GG)

What are top analysts saying about Goldcorp Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Goldcorp Inc. and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit