Kennedy Capital Management Cut By $2.20 Million Its Commercial Metals Company (CMC) Stake; Coeur Mining, Inc. (CDE) Had 5 Analysts Last Week

March 20, 2018 - By Richard Conner

Kennedy Capital Management Inc decreased Commercial Metals Company (CMC) stake by 16.42% reported in 2017Q3 SEC filing. Kennedy Capital Management Inc sold 115,803 shares as Commercial Metals Company (CMC)’s stock declined 19.19%. The Kennedy Capital Management Inc holds 589,552 shares with $11.22M value, down from 705,355 last quarter. Commercial Metals Company now has $2.73 billion valuation. The stock decreased 1.39% or $0.33 during the last trading session, reaching $23.38. About 1.06 million shares traded. Commercial Metals Company (NYSE:CMC) has risen 10.79% since March 20, 2017 and is uptrending. It has underperformed by 5.91% the S&P500.

Among 8 analysts covering Coeur Mining (NYSE:CDE), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. Coeur Mining had 50 analyst reports since August 6, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Buy” on Friday, July 14. On Thursday, July 27 the stock rating was maintained by Roth Capital with “Buy”. BMO Capital Markets upgraded it to “Market Perform” rating and $3.50 target in Friday, February 12 report. The firm earned “Outperform” rating on Thursday, May 12 by BMO Capital Markets. IBC upgraded Coeur Mining, Inc. (NYSE:CDE) on Tuesday, August 30 to “” rating. Canaccord Genuity maintained the stock with “Buy” rating in Thursday, October 5 report. Roth Capital maintained the stock with “Buy” rating in Wednesday, June 14 report. RBC Capital Markets maintained the shares of CDE in report on Friday, October 27 with “Buy” rating. The firm earned “Buy” rating on Sunday, January 7 by Canaccord Genuity. The stock of Coeur Mining, Inc. (NYSE:CDE) earned “Outperform” rating by BMO Capital Markets on Tuesday, February 27. See Coeur Mining, Inc. (NYSE:CDE) latest ratings:

06/03/2018 Broker: Canaccord Genuity Rating: Hold Downgrade
27/02/2018 Broker: BMO Capital Markets Old Rating: Outperform New Rating: Outperform Old Target: $9.5 New Target: $10 Maintain
09/02/2018 Broker: Roth Capital Rating: Buy New Target: $11.0 Maintain
08/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $9.5 Maintain
21/01/2018 Broker: Roth Capital Rating: Buy New Target: $10.0 Maintain
11/01/2018 Broker: Noble Financial Rating: Hold Maintain
07/01/2018 Broker: Canaccord Genuity Rating: Buy New Target: $10.0 Maintain
03/12/2017 Broker: RBC Capital Markets Rating: Buy New Target: $10.0 Maintain
21/11/2017 Broker: Raymond James Rating: Buy New Target: $10.5 Upgrade
17/11/2017 Broker: BMO Capital Markets Rating: Outperform New Target: $10.50 Initiate

Investors sentiment increased to 1.44 in 2017 Q3. Its up 0.46, from 0.98 in 2017Q2. It increased, as 24 investors sold CMC shares while 61 reduced holdings. 27 funds opened positions while 56 raised stakes. 100.74 million shares or 2.15% less from 102.95 million shares in 2017Q2 were reported. 2.93 million are held by Natl Bank Of Mellon. Sg Americas Securities Limited Liability Corporation invested in 0% or 5,867 shares. Weaver C Barksdale & Assocs accumulated 1,389 shares. Luminus Ltd Liability Corporation accumulated 779,015 shares. X Company Ltd Liability Corp reported 4,590 shares or 0% of all its holdings. Moreover, Jacobs Levy Equity Mgmt Inc has 0.07% invested in Commercial Metals Company (NYSE:CMC) for 176,391 shares. Alliancebernstein Lp accumulated 250,899 shares. Citigroup Incorporated reported 9,122 shares. Bnp Paribas Arbitrage Sa owns 59,584 shares. Invesco Ltd accumulated 128,116 shares. Hsbc Plc has invested 0% in Commercial Metals Company (NYSE:CMC). Louisiana State Employees Retirement Systems holds 30,900 shares. Campbell And Inv Adviser Limited Liability Com, a Maryland-based fund reported 24,891 shares. State Common Retirement Fund has 127,600 shares. 29,300 are owned by Teachers Retirement System Of The State Of Kentucky.

Analysts await Commercial Metals Company (NYSE:CMC) to report earnings on March, 22 before the open. They expect $0.26 EPS, up 4.00% or $0.01 from last year’s $0.25 per share. CMC’s profit will be $30.33 million for 22.48 P/E if the $0.26 EPS becomes a reality. After $0.30 actual EPS reported by Commercial Metals Company for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

Kennedy Capital Management Inc increased Sjw Group (NYSE:SJW) stake by 35,668 shares to 161,380 valued at $9.13 million in 2017Q3. It also upped Qcr Holdings Inc (NASDAQ:QCRH) stake by 9,856 shares and now owns 131,365 shares. Byline Bancorp Inc was raised too.

Among 13 analysts covering Commercial Metals (NYSE:CMC), 8 have Buy rating, 3 Sell and 2 Hold. Therefore 62% are positive. Commercial Metals had 39 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Friday, March 9 by J.P. Morgan. The stock has “Overweight” rating by JP Morgan on Friday, March 9. The stock of Commercial Metals Company (NYSE:CMC) has “Buy” rating given on Wednesday, January 13 by Jefferies. The company was maintained on Tuesday, January 9 by Jefferies. The firm has “Neutral” rating by DA Davidson given on Friday, November 11. The stock of Commercial Metals Company (NYSE:CMC) has “Neutral” rating given on Tuesday, September 5 by Bank of America. Jefferies maintained Commercial Metals Company (NYSE:CMC) rating on Wednesday, October 4. Jefferies has “Hold” rating and $19.0 target. The rating was upgraded by Bank of America to “Buy” on Thursday, December 7. Clarkson Platou downgraded the shares of CMC in report on Monday, June 27 to “Sell” rating. The rating was downgraded by Jefferies to “Hold” on Monday, December 12.

Since January 16, 2018, it had 0 insider purchases, and 3 selling transactions for $1.54 million activity. Porter Tracy L also sold $514,950 worth of Commercial Metals Company (NYSE:CMC) on Tuesday, January 16. Shares for $517,000 were sold by HICKEY ADAM R on Thursday, March 1.

Coeur Mining, Inc. owns, operates, explores for, and develops silver and gold properties. The company has market cap of $1.37 billion. The firm holds interests in the Palmarejo silver and gold mine located in Mexico; the Rochester silver and gold mine in northwestern Nevada; the Kensington gold mine located to the north of Juneau, Alaska; and the Wharf gold mine in South Dakota. It currently has negative earnings. It also owns interests in the San Bartolomé silver mine in Bolivia; the Endeavor zinc, lead, and silver mine located in Australia; the La Preciosa silver-gold exploration project in the State of Durango, Mexico; and the Joaquin silver-gold exploration project located in the Santa Cruz province of southern Argentina.

The stock decreased 5.88% or $0.46 during the last trading session, reaching $7.36. About 2.60M shares traded. Coeur Mining, Inc. (NYSE:CDE) has risen 21.49% since March 20, 2017 and is uptrending. It has outperformed by 4.79% the S&P500.

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