Northwestern Mutual Investment Management Company LLC lessened its stake in Noble Energy, Inc. (NYSE:NBL) by 18.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 89,589 shares of the oil and gas development company’s stock after selling 20,322 shares during the quarter. Northwestern Mutual Investment Management Company LLC’s holdings in Noble Energy were worth $2,715,000 at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of NBL. Artisan Partners Limited Partnership lifted its holdings in shares of Noble Energy by 95.1% in the first quarter. Artisan Partners Limited Partnership now owns 15,854,643 shares of the oil and gas development company’s stock valued at $480,396,000 after purchasing an additional 7,730,137 shares in the last quarter. Ceredex Value Advisors LLC bought a new position in shares of Noble Energy in the first quarter valued at approximately $65,880,000. Amundi Pioneer Asset Management Inc. bought a new position in shares of Noble Energy in the fourth quarter valued at approximately $29,414,000. Sei Investments Co. lifted its holdings in shares of Noble Energy by 53.7% in the first quarter. Sei Investments Co. now owns 2,544,673 shares of the oil and gas development company’s stock valued at $77,103,000 after purchasing an additional 888,576 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Noble Energy by 22.4% in the fourth quarter. Alliancebernstein L.P. now owns 3,984,847 shares of the oil and gas development company’s stock valued at $116,118,000 after purchasing an additional 728,937 shares in the last quarter. Institutional investors own 98.58% of the company’s stock.
Best Heal Care Stocks To Watch For 2019: Newmont Mining Corporation(NEM)
- [By Reuben Gregg Brewer]
Barrick isn’t the only major miner that’s been focused on debt reduction. But it has been beating peers like Newmont Mining (NYSE:NEM), Kinross Gold (NYSE:KGC), and Goldcorp (NYSE:GG) on this front, in some cases by a very wide margin. Barrick estimates that the massive balance-sheet effort has saved it around $300 million a year in interest expenses. Long-term debt is now back down to around 30% of the miner’s capital structure.
- [By Jon C. Ogg]
Newmont Mining Corp. (NYSE: NEM) was trading at $32.20, with a market value of $17 billion and a 52-week range of $31.45 to $42.05. The consensus target price of $44.16 is not even 1% lower than just 90 days earlier. If the analyst community’s continued bullish calls prove true, that’s a projected 37% upside.
- [By Todd Campbell]
If these reasons have you interested in adding gold mining stocks to your portfolio, a few top companies to consider are Barrick Gold (NYSE:ABX), Randgold Resources (NASDAQ:GOLD), Newmont Mining (NYSE:NEM), Freeport McMoran (NYSE:FCX) and Goldcorp (NYSE:GG). All five could benefit if gold prices rally, so let’s learn more about them.
- [By Rich Smith]
Investors in gold stocks are experiencing an up-down day today, as shares of Newmont Mining (NYSE:NEM) surge — and those of Barrick Gold (NYSE:ABX) fall back. For this, you can thank the analysts at Morgan Stanley, who chose today to upgrade the former and downgrade the latter.
Best Heal Care Stocks To Watch For 2019: Smith(ds)
- [By Ethan Ryder]
Drive Shack Inc (NYSE:DS)’s share price hit a new 52-week high and low during trading on Thursday . The company traded as low as $7.18 and last traded at $6.91, with a volume of 21368 shares trading hands. The stock had previously closed at $7.04.
- [By Logan Wallace]
Redwood Trust (NYSE: RWT) and Drive Shack (NYSE:DS) are both small-cap finance companies, but which is the superior business? We will contrast the two businesses based on the strength of their analyst recommendations, profitability, earnings, institutional ownership, valuation, dividends and risk.
- [By Shane Hupp]
Get a free copy of the Zacks research report on Drive Shack (DS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Best Heal Care Stocks To Watch For 2019: Nexstar Broadcasting Group Inc.(NXST)
- [By Stephan Byrd]
Nexstar Media Group Inc (NASDAQ:NXST) insider Andrew Alford sold 150 shares of the company’s stock in a transaction on Monday, August 20th. The shares were sold at an average price of $79.71, for a total transaction of $11,956.50. Following the transaction, the insider now owns 1,520 shares of the company’s stock, valued at $121,159.20. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
- [By Ethan Ryder]
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
Get Nexstar Media Group alerts:
Nexstar Media Group Inc (NXST) Given Consensus Rating of “Buy” by Analysts (americanbankingnews.com) Nexstar Media Group Inc (NXST) Insider Sells $11,956.50 in Stock (americanbankingnews.com) Nexstar Media Group (NXST) Cut to “Hold” at Noble Financial (americanbankingnews.com) Nexstar Media Group Inc to Post Q3 2018 Earnings of $1.94 Per Share, Barrington Research Forecasts (NXST) (americanbankingnews.com) Get Active Home Medical and Mobility (wdtn.com)
Shares of NXST opened at $81.40 on Thursday. Nexstar Media Group has a 52-week low of $56.65 and a 52-week high of $89.75. The company has a debt-to-equity ratio of 2.59, a quick ratio of 2.43 and a current ratio of 2.43. The firm has a market capitalization of $3.57 billion, a PE ratio of 20.45, a price-to-earnings-growth ratio of 1.61 and a beta of 1.88.
- [By Stephan Byrd]
Nexstar Media Group (NASDAQ: NXST) and Liberty Media Formula One Series C (NASDAQ:FWONK) are both mid-cap consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, institutional ownership, earnings, profitability and risk.
Best Heal Care Stocks To Watch For 2019: Golden Ocean Group Limited(GOGL)
- [By Max Byerly]
Golden Ocean Group (NASDAQ:GOGL) last released its quarterly earnings results on Friday, August 17th. The shipping company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.04. Golden Ocean Group had a net margin of 9.34% and a return on equity of 3.71%. The business had revenue of $140.89 million for the quarter, compared to analyst estimates of $98.87 million. sell-side analysts anticipate that Golden Ocean Group Ltd will post 0.49 EPS for the current year.
- [By Ethan Ryder]
Jane Street Group LLC raised its holdings in shares of Golden Ocean Group Ltd (NASDAQ:GOGL) by 99.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 224,567 shares of the shipping company’s stock after purchasing an additional 111,971 shares during the period. Jane Street Group LLC owned approximately 0.16% of Golden Ocean Group worth $1,785,000 at the end of the most recent quarter.
- [By Lisa Levin] Gainers
Pacific Biosciences of California, Inc. (NASDAQ: PACB) rose 11.4 percent to $2.93 in pre-market trading.
Check-Cap Ltd. (NASDAQ: CHEK) shares rose 6.3 percent to $4.76 in pre-market trading as the company announced the publication of CE Mark multicenter clinical study results on C-Scan® in Gut.
Acacia Communications, Inc. (NASDAQ: ACIA) rose 6 percent to $ 35.20 in pre-market trading.
Cellect Biotechnology Ltd. (NASDAQ: APOP) rose 6 percent to $7.60 in pre-market trading.
Hexindai Inc. (NASDAQ: HX) rose 5.7 percent to $12.70 in pre-market trading.
MoSys, Inc. (NASDAQ: MOSY) shares rose 5.3 percent to $2.07 in pre-market trading.
Micron Technology, Inc. (NASDAQ: MU) rose 5 percent to $58.20 in pre-market trading after reporting a $10 billion buyback plan.
Golden Ocean Group Limited (NASDAQ: GOGL) rose 4.1 percent to $8.63 in pre-market trading.
MorphoSys AG (NASDAQ: MOR) rose 3.5 percent to $26.99 in pre-market trading.
Cyren Ltd (NASDAQ: CYRN) shares rose 3.4 percent to $2.90 in pre-market trading. after reporting Q1 results.
Box, Inc. (NYSE: BOX) rose 3.4 percent to $28.76 in pre-market trading.
Kohl's Corporation (NYSE: KSS) shares rose 3.3 percent to $67.60 in the pre-market trading session after the company reported upbeat quarterly earnings.
Micro Focus International plc (NYSE: MFGP) shares rose 3.1 percent to $18.40 in pre-market trading.
- [By Motley Fool Staff]
Golden Ocean Group (NASDAQ:GOGL) Q1 2018 Earnings Conference CallMay. 30, 2018 9:00 a.m. ET
Prepared Remarks Questions and Answers Call Participants
- [By Stephan Byrd]
Teekay Offshore Partners (NYSE: TOO) and Golden Ocean Group (NASDAQ:GOGL) are both small-cap transportation companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, dividends, profitability, valuation, earnings, institutional ownership and risk.
- [By Lisa Levin] Gainers
Sanmina Corp (NASDAQ: SANM) shares rose 15.2 percent to $31.90 in pre-market trading as the company reported stronger-than-expected earnings for its second quarter on Monday.
Cadence Design Systems, Inc. (NASDAQ: CDNS) rose 12.4 percent to $41.30 in pre-market trading after the company posted upbeat Q1 results and issued a strong Q2 forecast.
Aeglea BioTherapeutics, Inc. (NASDAQ: AGLE) rose 10.8 percent to $8.75 in pre-market trading.
Mitel Networks Corporation (NASDAQ: MITL) rose 8.8 percent to $11.05 in pre-market trading after the company agreed to be acquired by affiliates of Searchlight Capital Partners for $2.0 billion.
Galectin Therapeutics, Inc. (NASDAQ: GALT) rose 7.3 percent to $3.70 in pre-market trading.
Riot Blockchain, Inc. (NASDAQ: RIOT) shares rose 6.9 percent to $7.00 in pre-market trading after declining 1.50 percent on Monday.
Hallmark Financial Services, Inc. (NASDAQ: HALL) rose 6.5 percent to $10.68 in pre-market trading.
Boot Barn Holdings, Inc. (NYSE: BOOT) rose 5.2 percent to $20.40 in pre-market trading after gaining 4.53 percent on Monday.
New Oriental Education & Technology Group Inc. (NYSE: EDU) rose 5 percent to $91.16 in pre-market trading after reporting Q3 results.
Shire plc (NASDAQ: SHPG) rose 5 percent to $167.98 in pre-market trading after Bloomberg reported that Takeda is nearing a preliminary agreement to acquire Shire after sweetened bid.
Outfront Media Inc. (NYSE: OUT) shares rose 5 percent to $19.00 in pre-market trading.
Geron Corporation (NASDAQ: GERN) rose 4.3 percent to $4.18 in pre-market trading after gaining 5.80 percent on Monday.
SAP SE (NYSE: SAP) rose 3.7 percent to $109.80 in pre-market trading after the company posted strong quarterly results and raised its outlook for the year.
Golden Ocean Group Limited (NASDAQ: GOGL) shares rose 3.7 percent to $8.70 in pre-market trading after gaining 1.45 percent on Monday.
Deutsche Bank Aktiengesellschaft (NYSE: D