As Sun Communities Reit (SUI) Market Value Rose, Adams Asset Advisors Has Lowered Its Holding by $303,000; Corecommodity Management Cut Its Newmont Mining (NEM) Stake by $657,300 as Stock Rose

Sun Communities, Inc. (NYSE:SUI) Logo

Corecommodity Management Llc decreased its stake in Newmont Mining Corp (NEM) by 54.53% based on its latest 2018Q3 regulatory filing with the SEC. Corecommodity Management Llc sold 21,910 shares as the company’s stock rose 12.74% while stock markets declined. The institutional investor held 18,271 shares of the precious metals company at the end of 2018Q3, valued at $552,000, down from 40,181 at the end of the previous reported quarter. Corecommodity Management Llc who had been investing in Newmont Mining Corp for a number of months, seems to be less bullish one the $17.70 billion market cap company. The stock decreased 0.48% or $0.16 during the last trading session, reaching $33.23. About 5.43M shares traded. Newmont Mining Corporation (NYSE:NEM) has declined 6.65% since February 14, 2018 and is downtrending. It has underperformed by 6.65% the S&P500. Some Historical NEM News: 26/04/2018 – NEWMONT MINING – MAINTAINED CORPORATE-LEVEL PRODUCTION, COST AND CAPITAL OUTLOOK FOR 2018; 24/04/2018 – Newmont Announces Quarterly Dividend of $0.14 per Share; 14/05/2018 – Newmont Presenting at Bank of America Conference Tomorrow; 26/04/2018 – Newmont Mining 1Q Net $192M; 20/04/2018 – DJ Newmont Mining Corporation, Inst Holders, 1Q 2018 (NEM); 15/05/2018 – Newmont, Alcoa Decline in Miners Malaise as Dollar Sinks Metals; 26/04/2018 – NEWMONT MINING CORP – GOLD AISC ROSE EIGHT PERCENT TO $973 PER OUNCE FOR QUARTER; 26/04/2018 – AHAFO CONSTRUCTION DELAYS UNLIKELY TO AFFECT GUIDANCE: NEWMONT; 23/03/2018 – Newmont Closes Above 50-Day Moving Average: Technicals; 26/04/2018 – NEWMONT MINING CORP – AHAFO MILL EXPANSION FIRST PRODUCTION IS EXPECTED IN H1 2019 WITH COMMERCIAL PRODUCTION EXPECTED IN H2 2019

Adams Asset Advisors Llc decreased its stake in Sun Communities Inc Reit (SUI) by 2.4% based on its latest 2018Q3 regulatory filing with the SEC. Adams Asset Advisors Llc sold 3,000 shares as the company’s stock rose 6.52% while stock markets declined. The institutional investor held 121,762 shares of the consumer services company at the end of 2018Q3, valued at $12.36 million, down from 124,762 at the end of the previous reported quarter. Adams Asset Advisors Llc who had been investing in Sun Communities Inc Reit for a number of months, seems to be less bullish one the $10.09B market cap company. The stock increased 1.41% or $1.58 during the last trading session, reaching $113.25. About 370,190 shares traded or 4.58% up from the average. Sun Communities, Inc. (NYSE:SUI) has risen 13.63% since February 14, 2018 and is uptrending. It has outperformed by 13.63% the S&P500. Some Historical SUI News: 26/04/2018 – SUN COMMUNITIES FILES AMENDED ATM OFFERING FOR UP TO $400M SHRS; 23/04/2018 – SUN COMMUNITIES INC SUI.N SEES FY 2018 CORE FFO SHR $4.48 TO $4.58; 23/04/2018 – SUN COMMUNITIES INC SUI.N – ADJUSTING ITS 2018 SAME COMMUNITY NOI GROWTH GUIDANCE FOR YEAR BY 25 BASIS POINTS TO 6.75 PERCENT TO 7.25 PERCENT; 23/04/2018 – Sun Communities 1Q Rev $257.9M; 26/04/2018 – SUN COMMUNITIES INC SUI.N : CITIGROUP RAISES TARGET PRICE TO $95 FROM $90; 06/03/2018 – SUN COMMUNITIES DECLARES 1Q DIVIDEND 71C/SHR VS 67C, EST. 71C; 26/04/2018 – SUN COMMUNITIES FILES AMENDED AT MARKET OFFERING SALES PACT; 23/04/2018 – Sun Communities 1Q Net $30M; 24/04/2018 – MHI Announces Largest 50 Manufactured Home Community Owner/Operators; 22/04/2018 – DJ Sun Communities Inc, Inst Holders, 1Q 2018 (SUI)

Adams Asset Advisors Llc, which manages about $828.72 million and $922.99 million US Long portfolio, upped its stake in At&T by 11,127 shares to 194,273 shares, valued at $6.52M in 2018Q3, according to the filing. It also increased its holding in Hershey Co (NYSE:HSY) by 4,155 shares in the quarter, for a total of 22,773 shares, and has risen its stake in Jm Smucker Co (NYSE:SJM).

Investors sentiment increased to 1.74 in 2018 Q3. Its up 0.39, from 1.35 in 2018Q2. It increased, as 28 investors sold SUI shares while 67 reduced holdings. 56 funds opened positions while 109 raised stakes. 77.42 million shares or 5.96% more from 73.07 million shares in 2018Q2 were reported. Ent Financial Svcs Corporation holds 0.02% of its portfolio in Sun Communities, Inc. (NYSE:SUI) for 400 shares. Ser Automobile Association reported 12,312 shares or 0% of all its holdings. Aristotle Cap Management Limited Company owns 1.81 million shares. Lpl Fincl Ltd accumulated 0% or 6,070 shares. Financial Bank Of Mellon has invested 0.02% in Sun Communities, Inc. (NYSE:SUI). Stifel Fincl Corporation owns 6,322 shares or 0% of their US portfolio. Northern holds 0.02% of its portfolio in Sun Communities, Inc. (NYSE:SUI) for 827,525 shares. Group Inc reported 1,492 shares or 0% of all its holdings. D E Shaw invested 0.03% of its portfolio in Sun Communities, Inc. (NYSE:SUI). Fmr Limited Liability Com holds 0.02% of its portfolio in Sun Communities, Inc. (NYSE:SUI) for 2.11M shares. Davis Selected Advisers has invested 0.01% in Sun Communities, Inc. (NYSE:SUI). Picton Mahoney Asset Mgmt reported 187,700 shares stake. Pub Employees Retirement Association Of Colorado has invested 0% in Sun Communities, Inc. (NYSE:SUI). Asset Mngmt holds 0.03% of its portfolio in Sun Communities, Inc. (NYSE:SUI) for 2,444 shares. Hbk Invests Limited Partnership invested 0% in Sun Communities, Inc. (NYSE:SUI).

Analysts await Sun Communities, Inc. (NYSE:SUI) to report earnings on February, 20 after the close. They expect $1.03 earnings per share, up 5.10% or $0.05 from last year’s $0.98 per share. SUI’s profit will be $91.76M for 27.49 P/E if the $1.03 EPS becomes a reality. After $1.35 actual earnings per share reported by Sun Communities, Inc. for the previous quarter, Wall Street now forecasts -23.70% negative EPS growth.

More news for Sun Communities, Inc. (NYSE:SUI) were recently published by: Globenewswire.com, which released: “Sun Communities, Inc. Declares Fourth Quarter 2018 Dividends – GlobeNewswire” on November 27, 2018. Globenewswire.com‘s article titled: “Sun Communities, Inc. Announces Tax Treatment of 2018 Distributions – GlobeNewswire” and published on January 17, 2019 is yet another important article.

Since September 28, 2018, it had 0 buys, and 2 sales for $368,148 activity. $119,940 worth of Sun Communities, Inc. (NYSE:SUI) was sold by LEWIS CLUNET R.

Among 6 analysts covering Sun Communities (NYSE:SUI), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Sun Communities had 25 analyst reports since August 12, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Monday, December 4 by Evercore. On Friday, August 17 the stock rating was downgraded by Evercore to “In-Line”. The stock of Sun Communities, Inc. (NYSE:SUI) earned “Sell” rating by Zacks on Wednesday, August 12. The stock has “Outperform” rating by RBC Capital Markets on Thursday, June 1. The firm earned “Buy” rating on Tuesday, April 24 by Robert W. Baird. The firm has “Neutral” rating given on Monday, October 29 by Citigroup. The firm has “Buy” rating given on Wednesday, February 21 by BMO Capital Markets. The firm has “Outperform” rating given on Tuesday, May 29 by Wells Fargo. The company was maintained on Monday, September 17 by Robert W. Baird. Citigroup downgraded Sun Communities, Inc. (NYSE:SUI) on Monday, February 27 to “Neutral” rating.

Corecommodity Management Llc, which manages about $5.19 billion and $200.18 million US Long portfolio, upped its stake in Deere & Co (NYSE:DE) by 12,452 shares to 24,890 shares, valued at $3.74 million in 2018Q3, according to the filing. It also increased its holding in Darling Ingredients Inc (NYSE:DAR) by 21,832 shares in the quarter, for a total of 75,007 shares, and has risen its stake in Crescent Pt Energy Corp (NYSE:CPG).

Among 27 analysts covering Newmont Mining Corporation (NYSE:NEM), 15 have Buy rating, 1 Sell and 11 Hold. Therefore 56% are positive. Newmont Mining Corporation had 99 analyst reports since July 24, 2015 according to SRatingsIntel. RBC Capital Markets maintained it with “Sell” rating and $4400 target in Tuesday, April 3 report. RBC Capital Markets downgraded the stock to “Sell” rating in Monday, March 12 report. The stock of Newmont Mining Corporation (NYSE:NEM) earned “Neutral” rating by Citigroup on Thursday, March 1. The firm has “Hold” rating by RBC Capital Markets given on Monday, August 28. Citigroup downgraded the shares of NEM in report on Tuesday, December 1 to “Neutral” rating. The rating was maintained by BMO Capital Markets on Monday, September 25 with “Buy”. RBC Capital Markets maintained it with “Sector Perform” rating and $25 target in Monday, March 7 report. As per Friday, September 18, the company rating was initiated by FBR Capital. The stock of Newmont Mining Corporation (NYSE:NEM) has “Hold” rating given on Friday, March 18 by Standpoint Research. The firm has “Neutral” rating given on Monday, December 5 by Citigroup.

Analysts await Newmont Mining Corporation (NYSE:NEM) to report earnings on February, 28. They expect $0.27 earnings per share, down 32.50% or $0.13 from last year’s $0.4 per share. NEM’s profit will be $143.82 million for 30.77 P/E if the $0.27 EPS becomes a reality. After $0.33 actual earnings per share reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts -18.18% negative EPS growth.

Investors sentiment decreased to 0.89 in Q3 2018. Its down 0.31, from 1.2 in 2018Q2. It worsened, as 59 investors sold NEM shares while 174 reduced holdings. 60 funds opened positions while 148 raised stakes. 429.40 million shares or 0.19% less from 430.21 million shares in 2018Q2 were reported. Price T Rowe Assoc Inc Md accumulated 0.05% or 10.87M shares. Moreover, Profund Advisors has 0.11% invested in Newmont Mining Corporation (NYSE:NEM) for 93,149 shares. Foundation Resources Management Inc reported 909,949 shares. Semper Augustus Group Inc Ltd Llc stated it has 3.06% in Newmont Mining Corporation (NYSE:NEM). Tci Wealth Advsr Incorporated reported 2,535 shares. Alliancebernstein Limited Partnership holds 1.09 million shares or 0.02% of its portfolio. Voya Management Limited Liability invested in 0.03% or 502,813 shares. Virginia Retirement Et Al has invested 0.05% in Newmont Mining Corporation (NYSE:NEM). Livforsakringsbolaget Skandia Omsesidigt holds 0.02% or 4,743 shares in its portfolio. Public Sector Pension Investment Board accumulated 25,076 shares or 0.01% of the stock. Foster And Motley holds 52,637 shares. State Of New Jersey Common Pension Fund D stated it has 0.01% of its portfolio in Newmont Mining Corporation (NYSE:NEM). Natl Pension holds 0.07% in Newmont Mining Corporation (NYSE:NEM) or 567,379 shares. Liberty Mutual Asset Mngmt Incorporated holds 21,324 shares. Millennium Management Ltd Limited Liability Company has 0.04% invested in Newmont Mining Corporation (NYSE:NEM) for 1.14 million shares.

Since September 4, 2018, it had 0 buys, and 26 insider sales for $2.47 million activity. The insider Dorward-King Elaine J sold $98,640. $126,040 worth of Newmont Mining Corporation (NYSE:NEM) shares were sold by Goldberg Gary J. Palmer Thomas Ronald sold $41,100 worth of stock. $171,368 worth of stock was sold by Lawson Scott P on Wednesday, January 2. On Friday, January 11 Gottesfeld Stephen P sold $122,605 worth of Newmont Mining Corporation (NYSE:NEM) or 3,500 shares. On Thursday, November 1 MacGowan William N sold $157,207 worth of Newmont Mining Corporation (NYSE:NEM) or 5,000 shares.

Newmont Mining Corporation (NYSE:NEM) Institutional Positions Chart