The institutional investor held 338,359 shares of the precious metals company at the end of 2017Q4, valued at $4.90 million, up from 237,735 at the end of the previous reported quarter. Prudential has 0% invested in Insmed Incorporated (NASDAQ:INSM) for 7,320 shares. The stock increased 0.79% or $0.02 during the last trading session, reaching $2.56. Anadarko Petroleum Corporation (NYSE:APC) has risen 1.43% since April 14, 2017 and is uptrending. It has underperformed by 22.65% the S&P500.
Contrarius Investment Management Ltd decreased its stake in Barrick Gold Corp (ABX) by 72.69% based on its latest 2017Q4 regulatory filing with the SEC. 1832 Asset Management L.P. now owns 7,822 shares of the company's stock valued at $139,000 after buying an additional 802 shares during the last quarter. Kopernik Global Investors LLC bought a new stake in shares of Barrick Gold in the 4th quarter worth approximately $52,633,000. Violich Capital Management Inc who had been investing in Schlumberger Ltd for a number of months, seems to be bullish on the $94.18 billion market cap company. 9,038,823 shares of the company's stock traded hands, compared to its average volume of 11,205,412.
Barrick Gold Corporation (ABR.DE)'s Williams Percent Range or 14 day Williams %R is now at -10.98. ABX underperformed the S&P 500 by 11.55%.
Evercore Wealth Management Llc, which manages about $4.87B and $2.69B US Long portfolio, upped its stake in Dorman Products Inc (NASDAQ:DORM) by 49,925 shares to 422,395 shares, valued at $25.83M in 2017Q4, according to the filing. It also reduced its holding in O Reilly Automotive Inc New (NASDAQ:ORLY) by 15,232 shares in the quarter, leaving it with 70,719 shares, and cut its stake in Nu Skin Enterprises Inc (NYSE:NUS).
Among 31 analysts covering Nordstrom Inc. "Buy" rating has 3, "Sell" are 1, while 6 are "Hold". Therefore 33% are positive. Barrick Gold had 17 analyst reports since October 19, 2017 according to SRatingsIntel. The stock of Barrick Gold Corporation (NYSE:ABX) earned "Neutral" rating by Macquarie Research on Wednesday, August 19. On Monday, October 30 the firm has "Buy" rating by RBC Capital Markets given. The rating was downgraded by TD Securities on Wednesday, December 21 to "Hold". The firm has "Neutral" rating by JP Morgan given on Wednesday, March 28. Royal Bank of Canada upgraded Barrick Gold from a "sector perform" rating to an "outperform" rating and reduced their price target for the company from $17.00 to $16.00 in a report on Monday, March 12th. Finally, Citigroup set a $11.00 price target on Barrick Gold and gave the company a "sell" rating in a report on Thursday, March 1st. The stock has "Buy" rating by RBC Capital Markets on Monday, August 21. Stifel Nicolaus maintained the shares of AME in report on Tuesday, April 3 with "Buy" rating.
Investors sentiment decreased to 0.93 in 2017 Q4. Its up 0.07, from 0.93 in 2017Q3. 43 funds opened positions while 114 raised stakes. Its down 0.22, from 0.88 in 2017Q3. Syntal Capital Prtn Ltd Com owns 3,633 shares for 0.07% of their portfolio. Mackenzie Finance Corp holds 0.13% or 1.03M shares. Maine-based Spinnaker Tru has invested 0.19% in Schlumberger Limited (NYSE:SLB). Cibc Markets Corp has 0.04% invested in Anadarko Petroleum Corporation (NYSE:APC) for 110,679 shares. Middleton Co Ma owns 76,857 shares for 0.87% of their portfolio. Ameriprise Financial Inc. grew its position in shares of Barrick Gold by 25.5% during the third quarter. Consulate invested 0.13% of its portfolio in Comcast Corporation (NASDAQ:CMCSA). Sheets Smith Wealth Mngmt accumulated 164,888 shares or 0.11% of the stock.
Analysts await Anadarko Petroleum Corporation (NYSE:APC) to report earnings on May, 1. Barrick Gold reported sales of $1.99 billion in the same quarter last year, which suggests a negative year-over-year growth rate of 8%. TDG's profit will be $183.21M for 22.02 P/E if the $3.51 EPS becomes a reality. After $1.69 actual EPS reported by The Home Depot, Inc. for the previous quarter, Wall Street now forecasts 23.08% EPS growth. Therefore 55% are positive.
Among 13 analysts covering AMETEK (NYSE:AME), 13 have Buy rating, 0 Sell and 0 Hold. The rating was maintained by Pivotal Research on Thursday, July 27 with "Buy". The firm earned "Sector Perform" rating on Friday, July 24 by IBC.
COPYRIGHT VIOLATION NOTICE: "Barrick Gold Corp (ABX) Given Average Rating of "Hold" by Brokerages" was originally reported by Macon Daily and is owned by of Macon Daily. Jefferies maintained it with "Buy" rating and $2000 target in Friday, July 14 report. The rating was maintained by Macquarie Research on Wednesday, July 5 with "Buy". The rating was maintained by HSBC on Tuesday, September 8 with "Buy". As per Wednesday, October 5, the company rating was maintained by Goldman Sachs. The rating was downgraded by Instinet to "Neutral" on Thursday, January 18.