Stock News

As Royal Gold (RGLD) Share Value Declined, Shareholder Bank Of New York Mellon Trimmed by $3.13 Million Its Position; Genuine Parts Co (GPC) Shareholder Qs Investors Has Raised Its Position by $1.10 Million

Royal Gold, Inc. (NASDAQ:RGLD) Logo

Bank Of New York Mellon Corp decreased its stake in Royal Gold Inc (RGLD) by 4.78% based on its latest 2017Q4 regulatory filing with the SEC. Bank Of New York Mellon Corp sold 38,201 shares as the company’s stock declined 2.56% with the market. The institutional investor held 760,376 shares of the basic industries company at the end of 2017Q4, valued at $62.44M, down from 798,577 at the end of the previous reported quarter. Bank Of New York Mellon Corp who had been investing in Royal Gold Inc for a number of months, seems to be less bullish one the $5.80B market cap company. The stock increased 0.33% or $0.29 during the last trading session, reaching $88.58. About 264,591 shares traded. Royal Gold, Inc. (NASDAQ:RGLD) has risen 22.48% since May 19, 2017 and is uptrending. It has outperformed by 10.93% the S&P500.

Qs Investors Llc increased its stake in Genuine Parts Co (GPC) by 17.21% based on its latest 2017Q4 regulatory filing with the SEC. Qs Investors Llc bought 11,548 shares as the company’s stock declined 6.84% with the market. The institutional investor held 78,644 shares of the automotive aftermarket company at the end of 2017Q4, valued at $7.47 million, up from 67,096 at the end of the previous reported quarter. Qs Investors Llc who had been investing in Genuine Parts Co for a number of months, seems to be bullish on the $13.55 billion market cap company. The stock decreased 0.32% or $0.3 during the last trading session, reaching $92.37. About 645,400 shares traded. Genuine Parts Company (NYSE:GPC) has declined 4.48% since May 19, 2017 and is downtrending. It has underperformed by 16.03% the S&P500.

Among 12 analysts covering Royal Gold Inc. (NASDAQ:RGLD), 9 have Buy rating, 0 Sell and 3 Hold. Therefore 75% are positive. Royal Gold Inc. had 54 analyst reports since August 6, 2015 according to SRatingsIntel. Raymond James maintained the shares of RGLD in report on Thursday, June 15 with “Market Perform” rating. Goldman Sachs reinitiated the shares of RGLD in report on Friday, November 11 with “Neutral” rating. On Wednesday, July 6 the stock rating was upgraded by Raymond James to “Outperform”. FBR Capital maintained it with “Mkt Perform” rating and $57 target in Tuesday, May 3 report. The rating was maintained by FBR Capital with “Mkt Perform” on Friday, August 12. On Thursday, January 28 the stock rating was downgraded by FBR Capital to “Mkt Perform”. The firm has “Buy” rating by RBC Capital Markets given on Monday, August 14. The firm has “Buy” rating by Canaccord Genuity given on Friday, October 20. The rating was upgraded by Canaccord Genuity on Thursday, August 6 to “Buy”. The stock of Royal Gold, Inc. (NASDAQ:RGLD) earned “Hold” rating by Scotia Capital on Tuesday, March 6.

Analysts await Royal Gold, Inc. (NASDAQ:RGLD) to report earnings on August, 8. They expect $0.41 EPS, up 32.26% or $0.10 from last year’s $0.31 per share. RGLD’s profit will be $26.84M for 54.01 P/E if the $0.41 EPS becomes a reality. After $0.48 actual EPS reported by Royal Gold, Inc. for the previous quarter, Wall Street now forecasts -14.58% negative EPS growth.

More notable recent Royal Gold, Inc. (NASDAQ:RGLD) news were published by: Prnewswire.com which released: “Stock Review for Gold’s Investors — Randgold Resources, Royal Gold, Sandstorm Gold, and Sibanye Gold” on April 30, 2018, also Fool.com with their article: “Is Franco-Nevada Corporation (FNV) a Buy?” published on May 04, 2018, Seekingalpha.com published: “Royal Gold’s (RGLD) CEO Tony Jensen on Q3 2018 Results – Earnings Call Transcript” on May 03, 2018. More interesting news about Royal Gold, Inc. (NASDAQ:RGLD) were released by: Globenewswire.com and their article: “Analysis: Positioning to Benefit within United Natural Foods, Capitol Federal Financial, Royal Gold, Celsion, National …” published on May 15, 2018 as well as Streetinsider.com‘s news article titled: “Royal Gold (RGLD) Tops Q3 EPS by 5c, Beats on Revenues” with publication date: May 02, 2018.

Bank Of New York Mellon Corp, which manages about $379.94 billion US Long portfolio, upped its stake in Verifone Systems Inc (NYSE:PAY) by 1.76 million shares to 7.05 million shares, valued at $124.86 million in 2017Q4, according to the filing. It also increased its holding in Raytheon Company (NYSE:RTN) by 99,090 shares in the quarter, for a total of 4.18M shares, and has risen its stake in Array Biopharma Inc (NASDAQ:ARRY).

Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.24, from 1.41 in 2017Q3. It is negative, as 27 investors sold RGLD shares while 79 reduced holdings. 47 funds opened positions while 77 raised stakes. 47.73 million shares or 2.38% more from 46.63 million shares in 2017Q3 were reported. Dekabank Deutsche Girozentrale invested 0% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD). Stevens Cap Management Limited Partnership owns 10,447 shares. Ls Invest Advisors Ltd Company has 0.03% invested in Royal Gold, Inc. (NASDAQ:RGLD) for 5,283 shares. Toth Advisory, a Virginia-based fund reported 1,126 shares. 92,240 are owned by Ahl Prtn Llp. Sei reported 0% in Royal Gold, Inc. (NASDAQ:RGLD). Benchmark Cap Advisors reported 0.4% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD). Tradewinds Mgmt Ltd invested 0% in Royal Gold, Inc. (NASDAQ:RGLD). Mason Street Advsr Ltd Com invested in 0.06% or 32,247 shares. Sprott holds 0.79% or 32,912 shares. Teacher Retirement System Of Texas owns 22,484 shares. Focused Wealth holds 0% or 100 shares in its portfolio. Gideon reported 4,741 shares. Tarbox Family Office invested 0% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD). Weaver C Barksdale & Associates has invested 0% of its portfolio in Royal Gold, Inc. (NASDAQ:RGLD).

Since December 13, 2017, it had 0 insider purchases, and 6 selling transactions for $776,400 activity.

More news for Genuine Parts Company (NYSE:GPC) were recently published by: Seekingalpha.com, which released: “Genuine Parts comments on Staples-Essendant deal” on May 17, 2018. Bizjournals.com‘s article titled: “Georgia-Pacific plans company’s first innovation center in Midtown” and published on May 11, 2018 is yet another important article.

Qs Investors Llc, which manages about $4.98 billion and $10.63 billion US Long portfolio, decreased its stake in Ishares Tr (AGG) by 472,858 shares to 3.73M shares, valued at $407.51M in 2017Q4, according to the filing. It also reduced its holding in Powershares Db Cmdty Idx Tra (DBC) by 2.81 million shares in the quarter, leaving it with 716 shares, and cut its stake in Spdr Series Trust (BWX).

Among 13 analysts covering Genuine Parts Company (NYSE:GPC), 1 have Buy rating, 2 Sell and 10 Hold. Therefore 8% are positive. Genuine Parts Company had 34 analyst reports since July 21, 2015 according to SRatingsIntel. Guggenheim initiated the stock with “Hold” rating in Tuesday, April 17 report. The stock has “Buy” rating by Gabelli on Tuesday, October 20. The stock of Genuine Parts Company (NYSE:GPC) has “Hold” rating given on Friday, May 26 by RBC Capital Markets. The firm earned “Hold” rating on Wednesday, April 19 by Jefferies. On Friday, August 26 the stock rating was initiated by Susquehanna with “Neutral”. Goldman Sachs upgraded the shares of GPC in report on Thursday, January 19 to “Neutral” rating. The stock has “Hold” rating by Jefferies on Friday, September 8. The rating was downgraded by BB&T Capital on Thursday, October 15 to “Hold”. The rating was initiated by Atlantic Securities with “Neutral” on Wednesday, December 14. The stock of Genuine Parts Company (NYSE:GPC) earned “Hold” rating by RBC Capital Markets on Friday, October 20.

Genuine Parts Company (NYSE:GPC) Institutional Positions Chart

Leave a Reply

Your email address will not be published. Required fields are marked *