$0.14 EPS Expected for VersaBank (VB); Talara Capital Management Has Cut By $2.06 Million Its Newmont Mining (NEM) Position

February 13, 2018 - By Linda Rogers

Talara Capital Management Llc decreased Newmont Mining Corp (NEM) stake by 27.36% reported in 2017Q3 SEC filing. Talara Capital Management Llc sold 55,799 shares as Newmont Mining Corp (NEM)’s stock declined 9.13%. The Talara Capital Management Llc holds 148,141 shares with $5.56 million value, down from 203,940 last quarter. Newmont Mining Corp now has $19.69 billion valuation. It closed at $36.91 lastly. It is down 1.49% since February 13, 2017 and is downtrending. It has underperformed by 18.19% the S&P500.

Analysts expect VersaBank (TSE:VB) to report $0.14 EPS on March, 16.They anticipate $0.44 EPS change or 75.86% from last quarter’s $0.58 EPS. T_VB’s profit would be $2.96 million giving it 14.02 P/E if the $0.14 EPS is correct. After having $0.22 EPS previously, VersaBank’s analysts see -36.36% EPS growth. The stock decreased 1.01% or $0.08 during the last trading session, reaching $7.85. About 16,930 shares traded. VersaBank (TSE:VB) has 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

VersaBank, a schedule 1 bank, provides banking services and products in Canada. The company has market cap of $165.82 million. The firm provides commercial lending services to selected niche markets in Canada. It has a 9.48 P/E ratio. It also purchases loan and lease receivables from nonbank financial services companies, and also originates and services real estate development and commercial loans.

Since September 1, 2017, it had 0 insider buys, and 11 insider sales for $1.16 million activity. $48,250 worth of Newmont Mining Corporation (NYSE:NEM) shares were sold by Palmer Thomas Ronald. Goldberg Gary J had sold 1,000 shares worth $37,350. $392,268 worth of Newmont Mining Corporation (NYSE:NEM) shares were sold by Dorward-King Elaine J. $229,311 worth of Newmont Mining Corporation (NYSE:NEM) was sold by Engel E Randall on Thursday, February 1. $189,250 worth of stock was sold by Lawson Scott P on Monday, September 25.

Analysts await Newmont Mining Corporation (NYSE:NEM) to report earnings on February, 20. They expect $0.36 EPS, up 9.09% or $0.03 from last year’s $0.33 per share. NEM’s profit will be $192.00M for 25.63 P/E if the $0.36 EPS becomes a reality. After $0.35 actual EPS reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts 2.86% EPS growth.

Investors sentiment increased to 1.4 in 2017 Q3. Its up 0.47, from 0.93 in 2017Q2. It is positive, as 35 investors sold NEM shares while 147 reduced holdings. 85 funds opened positions while 169 raised stakes. 427.26 million shares or 26.53% more from 337.68 million shares in 2017Q2 were reported. Css Limited Liability Co Il has 44,000 shares for 0.08% of their portfolio. Oakbrook Invests Llc stated it has 0.09% of its portfolio in Newmont Mining Corporation (NYSE:NEM). 23,100 were reported by Neville Rodie & Shaw. Moreover, Eaton Vance Mgmt has 0% invested in Newmont Mining Corporation (NYSE:NEM). Advisory Ntwk Ltd Liability Com has invested 0% in Newmont Mining Corporation (NYSE:NEM). The Switzerland-based Swiss Fincl Bank has invested 0.2% in Newmont Mining Corporation (NYSE:NEM). Calamos Ltd Liability Corp stated it has 0.07% of its portfolio in Newmont Mining Corporation (NYSE:NEM). Afam Capital accumulated 0.34% or 74,395 shares. Savant Capital Ltd reported 6,400 shares. Tower Research Capital Limited Liability Company (Trc) reported 0.03% stake. Nippon Life Ins reported 0.02% stake. Royal Bank Of Canada has invested 0.04% in Newmont Mining Corporation (NYSE:NEM). Ubs Asset Management Americas holds 2.05M shares or 0.07% of its portfolio. Country Club Na invested 0.07% in Newmont Mining Corporation (NYSE:NEM). Renaissance Technologies holds 0.08% of its portfolio in Newmont Mining Corporation (NYSE:NEM) for 1.92 million shares.

Among 24 analysts covering Newmont Mining Corporation (NYSE:NEM), 13 have Buy rating, 0 Sell and 11 Hold. Therefore 54% are positive. Newmont Mining Corporation had 85 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained Newmont Mining Corporation (NYSE:NEM) on Sunday, December 3 with “Hold” rating. The firm has “Buy” rating by Argus Research given on Thursday, July 27. Bank of America upgraded Newmont Mining Corporation (NYSE:NEM) on Tuesday, November 22 to “Buy” rating. The rating was maintained by Jefferies on Friday, July 14 with “Hold”. FBR Capital initiated it with “Mkt Perform” rating and $16 target in Friday, September 18 report. The rating was initiated by Morgan Stanley with “Equal-Weight” on Tuesday, August 9. The stock of Newmont Mining Corporation (NYSE:NEM) has “Hold” rating given on Monday, June 12 by RBC Capital Markets. As per Tuesday, June 20, the company rating was maintained by Jefferies. The firm has “Neutral” rating by Citigroup given on Tuesday, December 1. Mackie upgraded the stock to “Buy” rating in Thursday, October 29 report.

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