Grand Canyon Ed (LOPE) Stake Has Increased by Gam Holding Ag; As Barrick Gold (ABX) Stock Price Declined, Shareholder Pictet North America Advisors Sa Trimmed Position by $520,845

September 14, 2018 - By Clara Lewis

Barrick Gold Corporation (NYSE:ABX) Logo

Gam Holding Ag increased its stake in Grand Canyon Ed Inc (LOPE) by 60.83% based on its latest 2018Q2 regulatory filing with the SEC. Gam Holding Ag bought 8,086 shares as the company’s stock rose 0.34% with the market. The institutional investor held 21,378 shares of the consumer services company at the end of 2018Q2, valued at $2.39M, up from 13,292 at the end of the previous reported quarter. Gam Holding Ag who had been investing in Grand Canyon Ed Inc for a number of months, seems to be bullish on the $5.37B market cap company. The stock increased 0.34% or $0.38 during the last trading session, reaching $111.2. About 186,191 shares traded. Grand Canyon Education, Inc. (NASDAQ:LOPE) has risen 38.02% since September 14, 2017 and is uptrending. It has outperformed by 22.40% the S&P500. Some Historical LOPE News: 15/03/2018 – Interior-Parks: Level 3 Water Restrictions to be Implemented at the South Rim of Grand Canyon National Park on Friday, March 16; 19/03/2018 – Consolidated Research: 2018 Summary Expectations for Government Properties Income Trust, Grand Canyon Education, The Chefs’ War; 30/04/2018 – New Research: Key Drivers of Growth for Camden National, Myers Industries, Grand Canyon Education, MINDBODY, TransMontaigne Par; 02/05/2018 – GRAND CANYON 1Q EPS $1.52; 06/03/2018 – GRAND CANYON EDUCATION INC – AS PART OF TRANSITION, GCE WILL SELL CERTAIN ACADEMIC-RELATED ASSETS TO NON-PROFIT ENTITY; 06/03/2018 – GRAND CANYON EDUCATION INC – HIGHER LEARNING COMMISSION APPROVED GRAND CANYON UNIVERSITY‚ÄôS APPLICATION TO BECOME A NON-PROFIT INSTITUTION; 11/04/2018 – GRAND CANYON EDUCATION INC LOPE.O : BMO RAISES TARGET PRICE TO $112 FROM $101; 20/04/2018 – DJ Grand Canyon Education Inc, Inst Holders, 1Q 2018 (LOPE); 02/05/2018 – The Multiple Myeloma Research Foundation and Partners Announce a Hike Through Grand Canyon National Park To Raise Funds For; 02/05/2018 – GRAND CANYON 1Q EPS $1.52, EST. $1.39

Pictet North America Advisors Sa decreased its stake in Barrick Gold Corp (ABX) by 38.13% based on its latest 2018Q2 regulatory filing with the SEC. Pictet North America Advisors Sa sold 40,065 shares as the company’s stock declined 22.76% while stock markets rallied. The institutional investor held 65,000 shares of the precious metals company at the end of 2018Q2, valued at $853,000, down from 105,065 at the end of the previous reported quarter. Pictet North America Advisors Sa who had been investing in Barrick Gold Corp for a number of months, seems to be less bullish one the $11.99B market cap company. The stock increased 0.79% or $0.08 during the last trading session, reaching $10.19. About 6.89M shares traded. Barrick Gold Corporation (NYSE:ABX) has declined 42.17% since September 14, 2017 and is downtrending. It has underperformed by 57.79% the S&P500. Some Historical ABX News: 29/05/2018 – BARRICK SAYS SHANDONG JV HAS EXCEEDED EXPECTATIONS; 14/05/2018 – Barrick Gold Expects Conversion to Cut Pueblo Viejo Mine’s Avg Cost of Sales, Sustaining Costs by $54/Ounce Over Mine Lif; 16/05/2018 – Barrick completes Strategic Investment in Midas Gold to advance the Stibnite Gold Project, Idaho; 23/04/2018 – Barrick Gold 1Q Avg Realized Gold Price $1,332 Per Ounce; 14/05/2018 – BARRICK GOLD CORP – PUEBLO VIEJO DOMINICANA CORPORATION SIGNED A 10-YEAR NATURAL GAS SUPPLY CONTRACT WITH AES ANDRES DR, S.A; 23/04/2018 – BARRICK REAFFIRMS FORECAST FOR FULL-YEAR GOLD PRODUCTION; 13/05/2018 – GLENCORE & BARRICK EXPECT TO GET PROSPECTING LICENSE; 23/04/2018 – BARRICK GOLD – FULL-YEAR COPPER PRODUCTION GUIDANCE REMAINS 385 MLN -450 MILLION POUNDS, AT A COST OF SALES OF $1.80-$2.10 PER POUND; 14/05/2018 – Barrick Announces Conversion of Pueblo Viejo Power Plant to Natural Gas; 23/04/2018 – Barrick Gold 1Q Rev $1.79B

Gam Holding Ag, which manages about $2.88 billion US Long portfolio, decreased its stake in Caterpillar Inc Del (NYSE:CAT) by 2,406 shares to 1,615 shares, valued at $220,000 in 2018Q2, according to the filing. It also reduced its holding in Mondelez Intl Inc (NASDAQ:MDLZ) by 44,818 shares in the quarter, leaving it with 287,595 shares, and cut its stake in Michael Kors Hldgs Ltd (NYSE:KORS).

Investors sentiment increased to 1.16 in Q2 2018. Its up 0.31, from 0.85 in 2018Q1. It is positive, as 22 investors sold LOPE shares while 93 reduced holdings. 57 funds opened positions while 76 raised stakes. 41.28 million shares or 1.71% less from 42.00 million shares in 2018Q1 were reported. North Dakota-based Bell Bancorp has invested 0.31% in Grand Canyon Education, Inc. (NASDAQ:LOPE). Amalgamated Retail Bank holds 0.03% in Grand Canyon Education, Inc. (NASDAQ:LOPE) or 11,032 shares. Swiss Savings Bank holds 84,100 shares or 0.01% of its portfolio. Polen Cap Mngmt Lc invested in 4,883 shares or 0% of the stock. 3,623 are owned by Bb&T. Sei invested in 0.02% or 53,360 shares. Manufacturers Life Insur Co The invested in 1,421 shares. Numerixs Investment Technologies holds 100 shares. 296,135 were reported by Deutsche Fincl Bank Ag. Amundi Pioneer Asset Management Inc holds 0.01% or 84,010 shares. Zeke Cap Lc holds 0.03% of its portfolio in Grand Canyon Education, Inc. (NASDAQ:LOPE) for 2,466 shares. Susquehanna Gru Inc Llp accumulated 0.01% or 188,255 shares. Panagora Asset holds 0.02% or 36,576 shares. Strs Ohio has 0% invested in Grand Canyon Education, Inc. (NASDAQ:LOPE). Savings Bank Of America De owns 0.01% invested in Grand Canyon Education, Inc. (NASDAQ:LOPE) for 311,663 shares.

Among 7 analysts covering Grand Canyon Education (NASDAQ:LOPE), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Grand Canyon Education had 29 analyst reports since August 11, 2015 according to SRatingsIntel. The company was maintained on Wednesday, January 17 by BMO Capital Markets. The firm earned “Buy” rating on Wednesday, August 2 by Piper Jaffray. As per Monday, August 24, the company rating was upgraded by Zacks. Robert W. Baird maintained Grand Canyon Education, Inc. (NASDAQ:LOPE) on Thursday, August 9 with “Outperform” rating. The stock has “Overweight” rating by Piper Jaffray on Friday, August 5. The stock of Grand Canyon Education, Inc. (NASDAQ:LOPE) has “Outperform” rating given on Monday, March 7 by Credit Suisse. The rating was maintained by Barrington on Thursday, February 22 with “Buy”. Robert W. Baird maintained Grand Canyon Education, Inc. (NASDAQ:LOPE) on Wednesday, November 29 with “Buy” rating. Piper Jaffray maintained Grand Canyon Education, Inc. (NASDAQ:LOPE) rating on Thursday, July 20. Piper Jaffray has “Buy” rating and $8100 target. Credit Suisse initiated the stock with “Neutral” rating in Wednesday, February 3 report.

Analysts await Barrick Gold Corporation (NYSE:ABX) to report earnings on October, 24. They expect $0.17 earnings per share, up 6.25% or $0.01 from last year’s $0.16 per share. ABX’s profit will be $199.95 million for 14.99 P/E if the $0.17 EPS becomes a reality. After $0.07 actual earnings per share reported by Barrick Gold Corporation for the previous quarter, Wall Street now forecasts 142.86% EPS growth.

More recent Barrick Gold Corporation (NYSE:ABX) news were published by: Nasdaq.com which released: “Third Quarter 2018 Results Release on October 24, Preliminary Third Quarter Production Results on October 10” on September 14, 2018. Also Seekingalpha.com published the news titled: “Barrick Gold: Looking For A Rebound” on September 03, 2018. Seekingalpha.com‘s news article titled: “3 Dividend Diamonds In The Rough” with publication date: August 21, 2018 was also an interesting one.

Among 24 analysts covering Barrick Gold Corp. (NYSE:ABX), 6 have Buy rating, 1 Sell and 17 Hold. Therefore 25% are positive. Barrick Gold Corp. had 94 analyst reports since August 6, 2015 according to SRatingsIntel. On Tuesday, May 3 the stock rating was downgraded by Canaccord Genuity to “Hold”. The rating was maintained by RBC Capital Markets on Thursday, May 25 with “Buy”. The rating was downgraded by BMO Capital Markets on Thursday, July 6 to “Market Perform”. Credit Suisse downgraded Barrick Gold Corporation (NYSE:ABX) rating on Thursday, October 26. Credit Suisse has “Hold” rating and $19.0 target. The rating was maintained by RBC Capital Markets with “Buy” on Monday, August 21. The firm has “Neutral” rating by JP Morgan given on Tuesday, March 15. IBC initiated the shares of ABX in report on Friday, July 24 with “Sector Perform” rating. The rating was downgraded by RBC Capital Markets to “Sector Perform” on Wednesday, November 1. Raymond James maintained the shares of ABX in report on Thursday, June 15 with “Market Perform” rating. The firm earned “Hold” rating on Thursday, May 25 by TD Securities.

Pictet North America Advisors Sa, which manages about $2.65 billion and $671.90M US Long portfolio, upped its stake in Ishares Inc (EWL) by 20,602 shares to 286,237 shares, valued at $9.33 million in 2018Q2, according to the filing. It also increased its holding in Paypal Hldgs Inc by 4,235 shares in the quarter, for a total of 20,237 shares, and has risen its stake in Oracle Corp (NYSE:ORCL).

Grand Canyon Education, Inc. (NASDAQ:LOPE) Institutional Positions Chart

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