Minneapolis Portfolio Management Group Cut Goldcorp New (GG) Holding; Shorts at Moelis & Company Class A (MC) Lowered By 13.81%

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Moelis & Company Class A (NYSE:MC) had a decrease of 13.81% in short interest. MC’s SI was 1.09M shares in January as released by FINRA. Its down 13.81% from 1.27 million shares previously. With 449,200 avg volume, 2 days are for Moelis & Company Class A (NYSE:MC)’s short sellers to cover MC’s short positions. The stock increased 2.36% or $0.86 during the last trading session, reaching $37.25. About 434,072 shares traded. Moelis & Company (NYSE:MC) has declined 14.79% since January 9, 2018 and is downtrending. It has underperformed by 14.79% the S&P500. Some Historical MC News: 23/04/2018 – MOELIS & CO 1Q REV. $219.4M, EST. $199.3M; 01/05/2018 – MOELIS’S MAHMOODZADEGAN SAYS PE MORE IMPORTANT THAN EVER IN M&A; 03/04/2018 – MEDIA-La Colombe said to hire Moelis in bid for $1 bln valuation- Bloomberg; 19/03/2018 – MEDIWOUND LTD – BOARD HAS RETAINED MOELIS & COMPANY LLC TO ASSIST US IN EVALUATION OF POTENTIAL OPPORTUNITY; 12/03/2018 – MOVES-Moelis appoints Robert Glauerdt as a managing director; 22/03/2018 – MOVES-Moelis names Joel Thompson managing director; 29/05/2018 – MOELIS AUSTRALIA LTD MOE.AX – CONFIRMS AUSTRALIAN CREDIT LICENCE WAS FORMALLY ISSUED ON MAY 30; 23/04/2018 – Moelis & 1Q Net $33.3M; 23/04/2018 – Moelis & Co. 1Q Adjusted EPS Includes 19c Tax Benefi; 05/03/2018 – Moelis hires industry veteran Martin Houston to chair energy group

Minneapolis Portfolio Management Group Llc decreased Goldcorp Inc New (GG) stake by 65.56% reported in 2018Q3 SEC filing. Minneapolis Portfolio Management Group Llc sold 1.26 million shares as Goldcorp Inc New (GG)’s stock declined 4.97%. The Minneapolis Portfolio Management Group Llc holds 661,587 shares with $6.75 million value, down from 1.92 million last quarter. Goldcorp Inc New now has $8.29 billion valuation. The stock increased 2.26% or $0.21 during the last trading session, reaching $9.73. About 5.93M shares traded. Goldcorp Inc. (NYSE:GG) has declined 20.38% since January 9, 2018 and is downtrending. It has underperformed by 20.38% the S&P500. Some Historical GG News: 24/05/2018 – Goldcorp Closes Above 50-Day Moving Average: Technicals; 25/04/2018 – GOLDCORP INC – PROGRAM TO IMPLEMENT $250 MLN OF SUSTAINABLE ANNUAL EFFICIENCIES BY MIDDLE OF 2018 IS ON TRACK; 30/04/2018 – Tr’ondëk Hwëch’in and Goldcorp Sign Collaboration Agreement; 29/03/2018 – GOLDCORP DEPOSITS FIRST GOLD ON TRADEWIND BLOCKCHAIN; 10/05/2018 – WHEATON RELEASES GOLDCORP GUARANTEE UNDER SILVER PURCHASE PACT; 30/04/2018 – TR’ONDEK HWECH’IN & GOLDCORP SIGN COLLABORATION PACT; 26/04/2018 – Strategic investment by Goldcorp to create a new gold explorer in the Eeyou Istchee James Bay territory of Quebec with Canada S; 06/03/2018 GOLDCORP DECLARES QUARTERLY DIVIDEND OF $0.02 PER SHARE; 14/05/2018 – Banco Santander Adds Goldcorp, Exits D.R. Horton: 13F; 26/04/2018 – Mednax process on life support

Among 4 analysts covering Moelis \u0026 Co (NYSE:MC), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 50% are positive. Moelis \u0026 Co had 6 analyst reports since July 16, 2018 according to SRatingsIntel. The company was maintained on Tuesday, January 8 by Morgan Stanley. The firm has “Neutral” rating given on Tuesday, October 23 by UBS. The stock of Moelis & Company (NYSE:MC) earned “Neutral” rating by UBS on Monday, October 8. The stock of Moelis & Company (NYSE:MC) has “Buy” rating given on Monday, July 16 by Bank of America. Bank of America maintained the stock with “Buy” rating in Tuesday, July 24 report.

More notable recent Moelis & Company (NYSE:MC) news were published by: Streetinsider.com which released: “Moelis & Company (MC) Names Yolonda Richardson to Board – StreetInsider.com” on December 19, 2018, also Nasdaq.com with their article: “KBW Announces Index Rebalancing for Fourth-Quarter 2018 – Nasdaq” published on December 14, 2018, Themiddlemarket.com published: “M&A wrap: Madison Capital Funding, Antares Capital, Monroe Capital, Kainos Capital, Stifel – Mergers & Acquisitions” on December 20, 2018. More interesting news about Moelis & Company (NYSE:MC) were released by: Themiddlemarket.com and their article: “M&A wrap: JMI, Audax, Luminate, Vista Equity, EQT, Carlyle – Mergers & Acquisitions” published on December 11, 2018 as well as Seekingalpha.com‘s news article titled: “Moelis launches 5M-share public stock offering – Seeking Alpha” with publication date: August 01, 2018.

Moelis & Company provides strategic and financial advisory services in the United States and internationally. The company has market cap of $2.19 billion. The firm advises clients in the areas of mergers and acquisitions, recapitalizations and restructurings, capital markets transactions, and other corporate finance matters. It has a 22.23 P/E ratio. Moelis & Company offers its services to public multinational firms, governments, financial sponsors, middle market private companies, and individual entrepreneurs.

Among 5 analysts covering Goldcorp (NYSE:GG), 4 have Buy rating, 0 Sell and 1 Hold. Therefore 80% are positive. Goldcorp had 6 analyst reports since August 29, 2018 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Friday, October 26. The company was downgraded on Tuesday, September 25 by Citigroup. The rating was maintained by JP Morgan with “Overweight” on Monday, September 17. Citigroup maintained Goldcorp Inc. (NYSE:GG) on Wednesday, August 29 with “Buy” rating. HSBC upgraded the stock to “Buy” rating in Friday, November 16 report.

Minneapolis Portfolio Management Group Llc increased Nutrien Ltd stake by 6,516 shares to 713,996 valued at $41.20M in 2018Q3. It also upped Parker Hannifin Corp (NYSE:PH) stake by 6,013 shares and now owns 148,763 shares. International Business Machs (NYSE:IBM) was raised too.

More news for Goldcorp Inc. (NYSE:GG) were recently published by: Investingnews.com, which released: “White Gold CEO Discusses New Discovery on Betty Property in Yukon – Investing News Network” on January 08, 2019. Nasdaq.com‘s article titled: “White Gold Corp. Makes New Discovery on Betty Property Along the Extension of the Coffee Creek Fault – Nasdaq” and published on January 08, 2019 is yet another important article.

Analysts await Goldcorp Inc. (NYSE:GG) to report earnings on February, 13. They expect $0.02 earnings per share, down 80.00% or $0.08 from last year’s $0.1 per share. GG’s profit will be $17.05M for 121.63 P/E if the $0.02 EPS becomes a reality. After $-0.08 actual earnings per share reported by Goldcorp Inc. for the previous quarter, Wall Street now forecasts -125.00% EPS growth.

Goldcorp Inc. (NYSE:GG) Ratings Chart

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