The shareholder of Newmont Mining Corp. (NEM), Van Eck Associates Corp., raised a stake of $ 254.79 million



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July 14, 2018 – By Kyle Williams

<img src = "http://teletechwire.com/wp-content/uploads/logos/Logos/NEM.png" alt = "Newmont Mining Company ( NYSE: NEM) Logo "title =" Newmont Mining Company (NYSE: NEM) Logo "style =" float: left; Investor Confidence decreased to 1.02 in the first quarter of 2018, down 0.04 from 1.06 in the fourth quarter of 2017. It fell as 38 investors sold NEM shares while 183 reduced their holdings 428.96 million shares, or 0.02% more, versus 428.87 million shares million shares in the fourth quarter 2017. Richard Bernstein Advsr Ltd. Liability Corporation said 0.13% in Newmont Mining Corporation (NYSE: NEM) .Connor Clark Lunn Inv Management has accumulated 0% or 15,900 shares Hartford Inv Mngmt has accumulated 180,097 shares, or 0.14% of the shares, and Tru Advsrs Lp has reported holding 0.02% of its portfolio in Newmont Mining Corporation (N YSE: NEM) In addition, Da Davidson And invested 0.01% in Newmont Mining Corporation (NYSE: NEM) for 15,064 shares, Chevy Chase Tru Inc. declared a 0.11% stake Hudock Capital Limited Liability Company Limited invested 0% in Newmont Mining Corporation (NYSE: NEM). Wetherby Asset Mngmt Inc. holds 0.04% of its portfolio in Newmont Mining Corporation (NYSE: NEM) for 8,029 shares. Advantus Management invested in 53,372 shares. Us National Bank & Trust has reported 0.01% in Newmont Mining Corporation (NYSE: NEM). Hap Trading Ltd. Liability Corp. reported 0.05% of its portfolio in Newmont Mining Corporation (NYSE: NEM). Teachers Retirement System of the State of Kentucky has 56,908 shares. James Rech Inc. reported 0.16% of its portfolio in Newmont Mining Corporation (NYSE: NEM). Panagora Asset Mngmt holds 0.17% or 1.13 million shares of its portfolio.

Since February 1, 2018, there have been no purchases and 27 sales for an activity of $ 3.17 million. One share of $ 154,977 was sold by Goldberg Gary J on Tuesday, May 1st. Another transaction of 3,000 shares valued at $ 116,259 was sold by Dorward-King Elaine J. The insider Engel E Randall sold 5,700 shares valued at $ 220,829. 5,000 shares were sold by MacGowan William N, worth $ 194,446. The value of $ 186,697 from Newmont Mining Corporation (NYSE: NEM) was sold by Lawson Scott P. $ 74,245 was sold by Buese Nancy.

Van Eck Associates Corp increased its stake in Newmont Mining Corp (NEM) by 27.74% based on its latest regulatory filing 2018Q1 with the SEC. Van Eck Associates Corp. bought 6.53 million shares, as the company's shares rose 0.31% as stock markets fell. The institutional investor held 30.09 million shares of the precious metals company at the end of the first quarter of 2018, valued at $ 1.18 billion, compared with 23.55 million at the end of the quarter previous. Van Eck Associates Corp., which had invested in Newmont Mining Corp for several months, appears to be optimistic about the $ 19.65 billion market capitalization company. The stock decreased by 0.78% or $ 0.29 during the last trading session, reaching $ 36.84. About 2.09 million shares were traded. Newmont Mining Corporation (NYSE: NEM) has grown 17.98% since July 14, 2017 and is up. It outperformed the S & P 500 by 5.41%.

Van Eck Associates Corp., which manages about US $ 30.53 billion and US $ 20.12 billion long portfolio, reduced its stake in Pioneer Natural Resources Co (NYSE: PXD) at 26,410 shares valued at $ 179.12 million in 2018T1, depending on the deposit. It also reduced its stake in Schlumberger Ltd. (NYSE: SLB) by 131,235 shares during the quarter, leaving it with 6.40 million shares, and reduced its stake in Louisiana (NYSE: LPX).

Rating coverage of Newmont Mining Corporation (NYSE: NEM)

Of 9 badysts covering the Newmont Mining Corporation (NYSE: NEM), 4 have Buy, 1 Sell and 4 Hold ratings. As a result, 44% are positive. Newmont Mining Corporation has the highest $ 49 and the lowest $ 41 goal. The average goal of $ 44 is 19.44% above the stock price of $ 36.84. Newmont Mining Corporation had 12 badyst reports since January 15, 2018 according to SRatingsIntel. The rating was maintained by Scotia Capital with "Buy" on Monday, January 15th. The company received the "Buy" rating on Wednesday, March 28th from BMO Capital Markets. The firm was rated "Sell" on Monday, March 12 by RBC Capital Markets. The Newmont Mining Corporation (NYSE: NEM) stock received the "Neutral" rating on Tuesday, February 27 by B. Riley & Co. The company obtained the "Hold" rating from Deutsche Bank on Tuesday, January 16th. Hold "odds" on Friday, February 2 by RBC Capital Markets. Bank of America maintained the shares of NEM in the report on Monday, February 26 with the note "Buy". The company obtained the note "Hold" on Wednesday, April 11 by Deutsche Bank. On Tuesday, April 3, the RBC Capital Markets stock quote was maintained with "Sell". On Tuesday, June 12, the company's rating was improved by Morgan Stanley

  Newmont Mining Corporation (NYSE: NEM) Institutional Position Table "title =" Newmont Mining Corporation (NYSE: NEM) Institutional Position Table "/> [19659012] Receive news and comments by email </strong> – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings from our FREE daily electronic newsletter. [19659012]</pre>
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