Wellington Management Group Llp Has Lowered Its Gold Fields LTD New (GFI) Holding, 4 Analysts Are Bullish Essent Group Ltd (ESNT) Last Week

May 25, 2017 - By Adrian Mccoy

Wellington Management Group Llp decreased Gold Fields Ltd New (GFI) stake by 70.36% reported in 2016Q4 SEC filing. Wellington Management Group Llp sold 751,848 shares as Gold Fields Ltd New (GFI)’s stock rose 15.60%. The Wellington Management Group Llp holds 316,767 shares with $954,000 value, down from 1.07M last quarter. Gold Fields Ltd New now has $3.06 billion valuation. The stock declined 4.12% or $0.16 reaching $3.72 per share. About 4.61M shares traded. Gold Fields Limited (ADR) (NYSE:GFI) has declined 7.35% since May 25, 2016 and is downtrending. It has underperformed by 24.05% the S&P500.

Among 9 analysts covering Essent Group (NYSE:ESNT), 4 have Buy rating, 0 Sell and 5 Hold. Therefore 44% are positive. Essent Group had 21 analyst reports since August 12, 2015 according to SRatingsIntel. As per Tuesday, December 6, the company rating was downgraded by BTIG Research. The firm has “Market Perform” rating given on Friday, August 5 by Keefe Bruyette & Woods. The rating was maintained by Barclays Capital with “Overweight” on Friday, August 5. On Monday, May 8 the stock rating was maintained by Barclays Capital with “Overweight”. As per Wednesday, September 28, the company rating was downgraded by Bank of America. Compass Point maintained Essent Group Ltd (NYSE:ESNT) rating on Tuesday, February 16. Compass Point has “Neutral” rating and $22 target. The firm has “Neutral” rating by JP Morgan given on Friday, April 21. Compass Point maintained it with “Neutral” rating and $26 target in Friday, August 5 report. Bank of America downgraded the shares of ESNT in report on Thursday, October 27 to “Underperform” rating. The firm has “Neutral” rating by Compass Point given on Friday, May 6. See Essent Group Ltd (NYSE:ESNT) latest ratings:

09/05/2017 Broker: Bank of America Rating: Buy Upgrade
08/05/2017 Broker: Barclays Capital Rating: Overweight Old Target: $40.00 New Target: $43.00 Maintain
01/05/2017 Broker: Wood Rating: Hold New Target: $40.00 Maintain
24/04/2017 Broker: JP Morgan Rating: New Target: $39.00 Maintain
21/04/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade
20/01/2017 Broker: Deutsche Bank Rating: Buy New Target: $38.00 Initiates Coverage On
06/12/2016 Broker: BTIG Research Old Rating: Buy New Rating: Neutral Downgrade

Wellington Management Group Llp increased F M C Corp (NYSE:FMC) stake by 109,328 shares to 153,063 valued at $8.66M in 2016Q4. It also upped Coty Inc (NYSE:COTY) stake by 26.25M shares and now owns 34.90 million shares. Gigamon Inc (NYSE:GIMO) was raised too.

Among 7 analysts covering Gold Fields Limited (NYSE:GFI), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Gold Fields Limited had 13 analyst reports since August 31, 2015 according to SRatingsIntel. The company was downgraded on Tuesday, March 15 by Macquarie Research. RBC Capital Markets downgraded the stock to “Sector Perform” rating in Tuesday, December 1 report. The rating was downgraded by JP Morgan on Monday, September 14 to “Neutral”. HSBC downgraded the stock to “Reduce” rating in Wednesday, April 26 report. The rating was upgraded by Scotia Capital to “Sector Perform” on Tuesday, September 1. The firm earned “Sector Perform” rating on Monday, December 12 by RBC Capital Markets. The firm has “Neutral” rating given on Friday, January 15 by Goldman Sachs. The firm earned “Buy” rating on Friday, July 8 by Goldman Sachs. RBC Capital Markets maintained Gold Fields Limited (ADR) (NYSE:GFI) on Thursday, November 19 with “Outperform” rating. The rating was downgraded by RBC Capital Markets to “Underperform” on Monday, April 24.

Investors sentiment decreased to 1.65 in Q4 2016. Its down 0.33, from 1.98 in 2016Q3. It turned negative, as 11 investors sold Essent Group Ltd shares while 60 reduced holdings. 55 funds opened positions while 62 raised stakes. 77.25 million shares or 10.51% more from 69.90 million shares in 2016Q3 were reported. Boston Prtn holds 0.07% or 1.73M shares in its portfolio. Old Mutual (Uk) Ltd accumulated 360,540 shares. New Vernon Ltd Limited Liability Company owns 57,605 shares. Cipher Lp invested in 0.05% or 25,343 shares. 106,905 are owned by Mckinley Mngmt Limited Delaware. Opus Cap Grp Ltd Llc holds 256,451 shares or 1.23% of its portfolio. Renaissance Tech Limited Liability Company reported 0.04% stake. Gsa Cap Prns Limited Liability Partnership owns 43,144 shares for 0.08% of their portfolio. Raymond James And holds 16,517 shares. Wells Fargo & Com Mn holds 0.01% of its portfolio in Essent Group Ltd (NYSE:ESNT) for 578,729 shares. Proshare Ltd Llc has invested 0% of its portfolio in Essent Group Ltd (NYSE:ESNT). Blackrock Inc has 0% invested in Essent Group Ltd (NYSE:ESNT) for 84,354 shares. Blackrock Institutional Trust Na holds 0.01% of its portfolio in Essent Group Ltd (NYSE:ESNT) for 2.73 million shares. Ifc Holdings Fl owns 0.04% invested in Essent Group Ltd (NYSE:ESNT) for 12,928 shares. Loomis Sayles Ltd Partnership owns 0.05% invested in Essent Group Ltd (NYSE:ESNT) for 602,930 shares.

Since December 12, 2016, it had 0 buys, and 6 sales for $12.62 million activity. Another trade for 13,131 shares valued at $447,242 was made by Bhasin Vijay on Wednesday, January 25. CASALE MARK sold $8.15M worth of Essent Group Ltd (NYSE:ESNT) on Sunday, January 1. PBRA (CAYMAN) Co also sold $3.27 million worth of Essent Group Ltd (NYSE:ESNT) shares. On Monday, December 12 GLANVILLE ROBERT sold $101,190 worth of Essent Group Ltd (NYSE:ESNT) or 3,000 shares.

Essent Group Ltd. is a private mortgage insurance company. The company has market cap of $3.39 billion. The Firm is engaged in offering private mortgage insurance and reinsurance for mortgages secured by residential properties located in the United States. It has a 13.94 P/E ratio. The Company’s services and products include mortgage insurance, contract underwriting, and Bermuda insurance and reinsurance.