As Nike (NKE) Market Valuation Declined, Grimes & Company Has Increased Its Position by $5.73 Million; Coeur Mng (CDE) Holder U S Global Investors Has Upped Its Stake by $825,984

January 14, 2018 - By Nellie Frank

U S Global Investors Inc increased its stake in Coeur Mng Inc (CDE) by 84.8% based on its latest 2017Q3 regulatory filing with the SEC. U S Global Investors Inc bought 91,776 shares as the company’s stock rose 6.31% with the market. The institutional investor held 200,000 shares of the basic industries company at the end of 2017Q3, valued at $1.84M, up from 108,224 at the end of the previous reported quarter. U S Global Investors Inc who had been investing in Coeur Mng Inc for a number of months, seems to be bullish on the $1.59 billion market cap company. The stock increased 2.27% or $0.19 during the last trading session, reaching $8.55. About 3.48M shares traded or 44.96% up from the average. Coeur Mining, Inc. (NYSE:CDE) has risen 21.49% since January 14, 2017 and is uptrending. It has outperformed by 4.79% the S&P500.

Grimes & Company Inc increased its stake in Nike Inc. (NKE) by 2409.88% based on its latest 2017Q3 regulatory filing with the SEC. Grimes & Company Inc bought 112,397 shares as the company’s stock declined 8.78% while stock markets rallied. The institutional investor held 117,061 shares of the consumer non-durables company at the end of 2017Q3, valued at $6.07 million, up from 4,664 at the end of the previous reported quarter. Grimes & Company Inc who had been investing in Nike Inc. for a number of months, seems to be bullish on the $105.51 billion market cap company. The stock increased 0.59% or $0.38 during the last trading session, reaching $64.67. About 5.14 million shares traded. NIKE, Inc. (NYSE:NKE) has declined 9.24% since January 14, 2017 and is downtrending. It has underperformed by 25.94% the S&P500.

Since August 28, 2017, it had 0 insider buys, and 5 selling transactions for $597,655 activity. On Monday, October 30 the insider Mitchell Peter C. sold $76,700. Shares for $87,875 were sold by Spurbeck Mark on Friday, September 15. Another trade for 28,800 shares valued at $244,800 was sold by Hanagarne Frank L. Jr..

U S Global Investors Inc, which manages about $845.00 million and $272.08M US Long portfolio, decreased its stake in Supernus Pharmaceuticals Inc (NASDAQ:SUPN) by 12,409 shares to 32,000 shares, valued at $1.28 million in 2017Q3, according to the filing. It also reduced its holding in Pan American Silver Corp (NASDAQ:PAAS) by 25,000 shares in the quarter, leaving it with 100,000 shares, and cut its stake in At&T Inc (NYSE:T).

Among 8 analysts covering Coeur Mining (NYSE:CDE), 6 have Buy rating, 0 Sell and 2 Hold. Therefore 75% are positive. Coeur Mining had 44 analyst reports since August 6, 2015 according to SRatingsIntel. The company was initiated on Tuesday, June 21 by RBC Capital Markets. On Monday, October 5 the stock rating was maintained by Deutsche Bank with “Hold”. The firm has “Hold” rating given on Monday, October 3 by Deutsche Bank. Noble Financial maintained the stock with “Hold” rating in Friday, July 28 report. On Tuesday, November 14 the stock rating was maintained by BMO Capital Markets with “Buy”. The firm earned “Buy” rating on Monday, September 11 by BMO Capital Markets. The stock of Coeur Mining, Inc. (NYSE:CDE) earned “Buy” rating by BMO Capital Markets on Wednesday, June 28. The rating was upgraded by Raymond James on Monday, June 27 to “Outperform”. The rating was maintained by Roth Capital on Tuesday, October 13 with “Buy”. Canaccord Genuity maintained it with “Buy” rating and $14.0 target in Thursday, October 5 report.

Investors sentiment increased to 1.04 in Q3 2017. Its up 0.18, from 0.86 in 2017Q2. It is positive, as 25 investors sold CDE shares while 45 reduced holdings. 30 funds opened positions while 43 raised stakes. 126.65 million shares or 2.92% more from 123.06 million shares in 2017Q2 were reported. 47 are owned by Toronto Dominion Financial Bank. Parametric Portfolio Assoc Limited Liability Company reported 338,782 shares. Swiss Fincl Bank invested in 0% or 301,600 shares. The United Kingdom-based Barclays Public Ltd Liability has invested 0% in Coeur Mining, Inc. (NYSE:CDE). Raymond James Financial Advsrs invested in 0% or 14,380 shares. Ameritas stated it has 15,243 shares or 0.01% of all its holdings. Credit Suisse Ag invested in 0.01% or 1.12 million shares. Manufacturers Life Insurance Co The holds 0% of its portfolio in Coeur Mining, Inc. (NYSE:CDE) for 137,136 shares. Invesco Limited invested 0% of its portfolio in Coeur Mining, Inc. (NYSE:CDE). Franklin Resources Incorporated invested in 388,895 shares. Sigma Planning Corp has 0.01% invested in Coeur Mining, Inc. (NYSE:CDE). Jpmorgan Chase & Co reported 1,481 shares. Peak6 Invests Lp reported 5,609 shares. Moreover, Foundry Lc has 0.26% invested in Coeur Mining, Inc. (NYSE:CDE) for 714,457 shares. Amalgamated Fincl Bank holds 0.01% or 22,668 shares in its portfolio.

Since September 14, 2017, it had 0 insider buys, and 6 selling transactions for $23.60 million activity. Matheson Monique S. sold $620,000 worth of NIKE, Inc. (NYSE:NKE) on Monday, December 11. Another trade for 135,000 shares valued at $8.78 million was made by PARKER MARK G on Friday, December 15. $855,206 worth of NIKE, Inc. (NYSE:NKE) was sold by RODGERS JOHNATHAN A on Thursday, September 14.

Among 44 analysts covering Nike Inc. (NYSE:NKE), 23 have Buy rating, 2 Sell and 19 Hold. Therefore 52% are positive. Nike Inc. had 217 analyst reports since July 29, 2015 according to SRatingsIntel. The company was maintained on Wednesday, April 19 by Goldman Sachs. B.riley maintained NIKE, Inc. (NYSE:NKE) on Monday, September 26 with “Neutral” rating. The rating was maintained by Canaccord Genuity on Wednesday, June 29 with “Hold”. As per Wednesday, September 28, the company rating was maintained by Telsey Advisory Group. Piper Jaffray maintained the stock with “Hold” rating in Friday, December 22 report. Citigroup maintained the stock with “Buy” rating in Wednesday, September 28 report. The stock of NIKE, Inc. (NYSE:NKE) has “Neutral” rating given on Thursday, October 19 by Goldman Sachs. As per Friday, July 21, the company rating was maintained by Guggenheim. On Wednesday, December 2 the stock rating was downgraded by Goldman Sachs to “Buy”. The firm has “Outperform” rating given on Wednesday, December 23 by Telsey Advisory Group.

Grimes & Company Inc, which manages about $1.63 billion and $940.51 million US Long portfolio, decreased its stake in Apple Computer Inc. (NASDAQ:AAPL) by 3,161 shares to 108,188 shares, valued at $16.67 million in 2017Q3, according to the filing. It also reduced its holding in Scripps Networks Interactive (NYSE:SNI) by 8,797 shares in the quarter, leaving it with 63,124 shares, and cut its stake in Guggenheim Enhanced Short Dura (GSY).

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