Spinnaker Capital LTD Trimmed Its Position in Pampa Energia S A (PAM) by $2.36 Million; As Newmont Mining (NEM) Stock Price Rose, State Of Tennessee Treasury Department Decreased Stake by $18.86 Million

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Spinnaker Capital Ltd decreased its stake in Pampa Energia S A (PAM) by 30.86% based on its latest 2018Q3 regulatory filing with the SEC. Spinnaker Capital Ltd sold 76,031 shares as the company’s stock rose 10.26% while stock markets declined. The institutional investor held 170,324 shares of the central company at the end of 2018Q3, valued at $5.29 million, down from 246,355 at the end of the previous reported quarter. Spinnaker Capital Ltd who had been investing in Pampa Energia S A for a number of months, seems to be less bullish one the $2.39 billion market cap company. The stock decreased 0.47% or $0.17 during the last trading session, reaching $36.03. About 17,823 shares traded. Pampa Energía S.A. (NYSE:PAM) has declined 46.83% since February 8, 2018 and is downtrending. It has underperformed by 46.83% the S&P500. Some Historical PAM News: 11/05/2018 – PAMPA ENERGIA 1Q NET INCOME ARS3.01B; 17/05/2018 – NUTRIEN UNIT AND PONCE’S PAMPA VOTED IN FAVOR OF SQM CHANGES; 30/04/2018 – Pampa Energía Informs the Market that it has Filed its Annual Report on Form 20-F for the Fiscal Year Ended December 31, 2017; 21/03/2018 – Pampa Energía announces General Ordinary and Extraordinary Shareholders’ meeting for April 27, 2018; 12/03/2018 – PAMPA ENERGIA 4Q ADJ EBITDA ARS5.18B; 10/04/2018 – CORRECT: PAMPA ENERGIA HOLDERS TO DISCUSS CAPITAL INCREASE; 12/03/2018 PAMPA ENERGIA 4Q NET INCOME ARS1.51B; 19/03/2018 – PAMPA SAYS DEAL REACHED W/ ECUADOR ON 18 BLOCK $176M DISPUTE; 11/05/2018 – PAMPA ENERGIA 1Q ADJ EBITDA ARS7.70B; 11/05/2018 – Pampa Energia 1Q Rev ARS19.4B

State Of Tennessee Treasury Department decreased its stake in Newmont Mining Corp (NEM) by 84.08% based on its latest 2018Q3 regulatory filing with the SEC. State Of Tennessee Treasury Department sold 628,720 shares as the company’s stock rose 12.74% while stock markets declined. The institutional investor held 119,070 shares of the precious metals company at the end of 2018Q3, valued at $3.60M, down from 747,790 at the end of the previous reported quarter. State Of Tennessee Treasury Department who had been investing in Newmont Mining Corp for a number of months, seems to be less bullish one the $18.05 billion market cap company. The stock increased 0.47% or $0.16 during the last trading session, reaching $33.89. About 295,223 shares traded. Newmont Mining Corporation (NYSE:NEM) has declined 6.65% since February 8, 2018 and is downtrending. It has underperformed by 6.65% the S&P500. Some Historical NEM News: 09/04/2018 – OPERATIONS RESTARTED ON MONDAY AT BOTH OF NEWMONT MINING’S NEM.N GHANA OPERATIONS AFTER THEY WERE SUSPENDED AT WEEKEND DUE TO ACCIDENT – NEWMONT SPOKESMAN; 30/04/2018 – GOLDSTRIKE, NEWMONT FINALIZE YUKON PLANNED DRILL PROGRAM; 26/04/2018 – NEWMONT MINING CORP – GOLD AISC OUTLOOK REMAINS UNCHANGED AT BETWEEN $965 AND $1,025 PER OUNCE IN 2018; 07/04/2018 – NEWMONT EXPRESSES DEEP SORROW OVER FATALITIES AT AHAFO MILL; 02/05/2018 – Newmont Presenting at Bank of America Conference May 15; 09/04/2018 – LYDIAN INTERNATIONAL LTD – EXERCISED OPTION TO TERMINATE ROYALTY AGREEMENT WITH NEWMONT OVERSEAS EXPLORATION LIMITED; 26/04/2018 – AGNICO EAGLE MINES – NEWMONT TO PURCHASE AGNICO EAGLE’S 51% INTEREST IN WEST PEQUOP JV, CO’S INTEREST IN SUMMIT & PQX PROPERTIES IN NORTHEASTERN NEVADA; 23/04/2018 – Elko Daily: Mackay School of Mines dedicates ventilation lab to Newmont; 26/04/2018 – NEWMONT MINING CORP – GOLD AISC ROSE EIGHT PERCENT TO $973 PER OUNCE FOR QUARTER; 26/04/2018 – PRECIOUS-Gold stays near 5-wk lows, set for biggest weekly fall in 4

Analysts await Pampa Energía S.A. (NYSE:PAM) to report earnings on March, 11. They expect $1.04 earnings per share, down 24.64% or $0.34 from last year’s $1.38 per share. PAM’s profit will be $68.96 million for 8.66 P/E if the $1.04 EPS becomes a reality. After $-3.01 actual earnings per share reported by Pampa Energía S.A. for the previous quarter, Wall Street now forecasts -134.55% EPS growth.

Among 5 analysts covering Pampa Energia SA (NYSE:PAM), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pampa Energia SA had 7 analyst reports since October 8, 2015 according to SRatingsIntel. On Thursday, October 8 the stock rating was initiated by Santander with “Buy”. As per Wednesday, November 21, the company rating was upgraded by Credit Suisse. Bank of America maintained the stock with “Buy” rating in Friday, September 14 report. The rating was maintained by JP Morgan with “Overweight” on Wednesday, November 14. The stock has “Overweight” rating by Morgan Stanley on Tuesday, March 13.

More notable recent Pampa Energía S.A. (NYSE:PAM) news were published by: Seekingalpha.com which released: “Pampa Energia: New Argentinian ADR in Town – Seeking Alpha” on October 12, 2009, also Businesswire.com with their article: “Starz Adding Unscripted Programming to Larger Portfolio of STARZ Series with Four Original Docuseries – Business Wire” published on November 10, 2017, Nasdaq.com published: “Southern Company (SO) Slips to a 52-Week Low: Here’s Why – Nasdaq” on January 24, 2018. More interesting news about Pampa Energía S.A. (NYSE:PAM) were released by: Businesswire.com and their article: “Camallergy Appoints Baxter Phillips III as Chief Executive Officer – Business Wire” published on October 17, 2018 as well as Prnewswire.com‘s news article titled: “Keystone Power Holdings Solar Array Fully Operational in South Carolina – PR Newswire” with publication date: June 05, 2018.

More notable recent Newmont Mining Corporation (NYSE:NEM) news were published by: Seekingalpha.com which released: “Newmont Mining: Time To Shine – Seeking Alpha” on August 27, 2018, also Marketwatch.com with their article: “Powell party pooper: Here are the worst-performing stocks after the Fed wrecks the market – MarketWatch” published on December 20, 2018, Fool.com published: “Better Dividend Buy: Royal Gold, Inc. vs. Newmont Mining – The Motley Fool” on March 02, 2017. More interesting news about Newmont Mining Corporation (NYSE:NEM) were released by: Seekingalpha.com and their article: “The Best Copper Stock To Buy And 4 To Avoid – Seeking Alpha” published on October 10, 2011 as well as ‘s news article titled: “Newmont Mining Corporation (NYSE:NEM), Kinross Gold Corporation (NYSE:KGC) – Goldman: 2 Upgrades, 2 Downgrades For Gold Miners – Benzinga” with publication date: May 11, 2016.

Analysts await Newmont Mining Corporation (NYSE:NEM) to report earnings on February, 28. They expect $0.27 earnings per share, down 32.50% or $0.13 from last year’s $0.4 per share. NEM’s profit will be $143.82M for 31.38 P/E if the $0.27 EPS becomes a reality. After $0.33 actual earnings per share reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts -18.18% negative EPS growth.

Since September 4, 2018, it had 0 buys, and 24 sales for $2.29 million activity. Goldberg Gary J had sold 4,000 shares worth $122,120. Dorward-King Elaine J sold $94,530 worth of stock or 3,000 shares. Lawson Scott P sold $150,185 worth of stock. Buese Nancy sold 2,000 shares worth $61,060. Palmer Thomas Ronald had sold 1,250 shares worth $38,163. 5,000 shares were sold by MacGowan William N, worth $157,207 on Thursday, November 1.

Among 27 analysts covering Newmont Mining Corporation (NYSE:NEM), 15 have Buy rating, 1 Sell and 11 Hold. Therefore 56% are positive. Newmont Mining Corporation had 99 analyst reports since July 24, 2015 according to SRatingsIntel. On Thursday, November 10 the stock rating was maintained by FBR Capital with “Mkt Perform”. RBC Capital Markets maintained it with “Outperform” rating and $26 target in Friday, November 6 report. The company was initiated on Tuesday, August 9 by Morgan Stanley. On Monday, October 31 the stock rating was upgraded by Mackie to “Buy”. The stock of Newmont Mining Corporation (NYSE:NEM) earned “Hold” rating by RBC Capital Markets on Friday, February 2. RBC Capital Markets maintained Newmont Mining Corporation (NYSE:NEM) on Tuesday, July 25 with “Hold” rating. Jefferies downgraded Newmont Mining Corporation (NYSE:NEM) on Thursday, June 2 to “Hold” rating. Credit Suisse maintained Newmont Mining Corporation (NYSE:NEM) on Friday, April 28 with “Buy” rating. The company was maintained on Wednesday, September 30 by UBS. FBR Capital initiated Newmont Mining Corporation (NYSE:NEM) on Friday, September 18 with “Mkt Perform” rating.

Newmont Mining Corporation (NYSE:NEM) Institutional Positions Chart

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