Ruffer Llp Maintains Position in Kinross Gold (KGC); Lowes (LOW) Shareholder Connors Investor Services Has Lowered Its Position

November 14, 2017 - By Adrian Erickson

Ruffer Llp increased its stake in Kinross Gold Corp (KGC) by 53.29% based on its latest 2017Q2 regulatory filing with the SEC. Ruffer Llp bought 7.37 million shares as the company’s stock rose 9.54% with the market. The institutional investor held 21.20 million shares of the precious metals company at the end of 2017Q2, valued at $86.16M, up from 13.83 million at the end of the previous reported quarter. Ruffer Llp who had been investing in Kinross Gold Corp for a number of months, seems to be bullish on the $5.39 billion market cap company. The stock rose 0.23% or $0.01 reaching $4.33 per share. About 3.81 million shares traded. Kinross Gold Corporation (USA) (NYSE:KGC) has declined 13.79% since November 14, 2016 and is downtrending. It has underperformed by 30.49% the S&P500.

Connors Investor Services Inc decreased its stake in Lowes (LOW) by 32.82% based on its latest 2017Q2 regulatory filing with the SEC. Connors Investor Services Inc sold 34,004 shares as the company’s stock rose 10.23% with the market. The institutional investor held 69,610 shares of the consumer services company at the end of 2017Q2, valued at $5.40M, down from 103,614 at the end of the previous reported quarter. Connors Investor Services Inc who had been investing in Lowes for a number of months, seems to be less bullish one the $65.86B market cap company. The stock rose 2.01% or $1.56 reaching $79.08. About 3.30M shares traded. Lowe’s Companies, Inc. (NYSE:LOW) has risen 5.92% since November 14, 2016 and is uptrending. It has underperformed by 10.78% the S&P500.

Investors sentiment increased to 1.03 in Q2 2017. Its up 0.03, from 1 in 2017Q1. It improved, as 79 investors sold LOW shares while 402 reduced holdings. 108 funds opened positions while 386 raised stakes. 606.01 million shares or 2.56% less from 621.93 million shares in 2017Q1 were reported. Hourglass Capital Limited Com owns 4,485 shares or 0.09% of their US portfolio. Fulton Breakefield Broenniman Ltd Liability Corporation holds 1.78% or 128,332 shares. 9,884 are owned by Sigma Planning Corp. Quantbot Technologies Limited Partnership invested 0.3% in Lowe’s Companies, Inc. (NYSE:LOW). Davenport Company Lc has 0% invested in Lowe’s Companies, Inc. (NYSE:LOW) for 100,825 shares. Capstone Asset Mngmt has 0.36% invested in Lowe’s Companies, Inc. (NYSE:LOW) for 168,782 shares. First United Bancorp Tru accumulated 1.61% or 30,568 shares. Intrust Bancshares Na holds 0.19% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW) for 7,356 shares. Raymond James Fincl Serv Advsrs has invested 0.1% in Lowe’s Companies, Inc. (NYSE:LOW). Steinberg Asset Mngmt invested 0.14% in Lowe’s Companies, Inc. (NYSE:LOW). Cornerstone Advsr Incorporated reported 0.24% in Lowe’s Companies, Inc. (NYSE:LOW). Cape Cod Five Cents State Bank has 8,159 shares. Third Avenue Mgmt Llc holds 1.64% of its portfolio in Lowe’s Companies, Inc. (NYSE:LOW) for 475,011 shares. 53,591 are owned by Ray Gerald L And Assoc. Ironsides Asset Advsr Limited Liability owns 1.07 million shares.

Since May 30, 2017, it had 0 insider buys, and 2 sales for $2.77 million activity. Maltsbarger Richard D sold 11,672 shares worth $936,115.

Connors Investor Services Inc, which manages about $522.13M and $635.81 million US Long portfolio, upped its stake in Seachange International Inc (NASDAQ:SEAC) by 160,355 shares to 669,237 shares, valued at $1.78 million in 2017Q2, according to the filing. It also increased its holding in Walgreens Boots Alliance by 4,655 shares in the quarter, for a total of 104,053 shares, and has risen its stake in Cherokee Inc (NASDAQ:CHKE).

Among 27 analysts covering Lowe’s Companies Inc. (NYSE:LOW), 14 have Buy rating, 1 Sell and 12 Hold. Therefore 52% are positive. Lowe’s Companies Inc. had 61 analyst reports since August 19, 2015 according to SRatingsIntel. Robert W. Baird maintained Lowe’s Companies, Inc. (NYSE:LOW) rating on Tuesday, October 31. Robert W. Baird has “Buy” rating and $87.0 target. Zacks downgraded the shares of LOW in report on Thursday, August 20 to “Hold” rating. RBC Capital Markets maintained the stock with “Buy” rating in Monday, September 25 report. The company was downgraded on Monday, October 31 by PiperJaffray. The stock of Lowe’s Companies, Inc. (NYSE:LOW) has “Buy” rating given on Wednesday, August 23 by Stifel Nicolaus. The firm earned “Neutral” rating on Wednesday, October 26 by Wedbush. Telsey Advisory Group maintained the shares of LOW in report on Thursday, December 8 with “Market Perform” rating. As per Tuesday, November 24, the company rating was upgraded by Atlantic Securities. As per Monday, October 30, the company rating was maintained by RBC Capital Markets. Jefferies maintained Lowe’s Companies, Inc. (NYSE:LOW) on Wednesday, August 23 with “Hold” rating.

More news for Lowe’s Companies, Inc. (NYSE:LOW) were recently published by: Fool.com, which released: “Stock matchup: Wal-Mart and Lowe’s” on November 10, 2017. Nasdaq.com‘s article titled: “Lowe’s Companies, Inc. (LOW) Ex-Dividend Date Scheduled for October 24, 2017” and published on October 23, 2017 is yet another important article.

Analysts await Lowe’s Companies, Inc. (NYSE:LOW) to report earnings on November, 21 before the open. They expect $1.02 EPS, up 15.91% or $0.14 from last year’s $0.88 per share. LOW’s profit will be $849.48M for 19.38 P/E if the $1.02 EPS becomes a reality. After $1.57 actual EPS reported by Lowe’s Companies, Inc. for the previous quarter, Wall Street now forecasts -35.03% negative EPS growth.

More notable recent Kinross Gold Corporation (USA) (NYSE:KGC) news were published by: Fool.ca which released: “Which Is the Better Buy: Kinross Gold Corporation or Eldorado Gold Corp.?” on September 08, 2017, also Fool.ca with their article: “Time to Buy Kinross Gold Corporation?” published on May 29, 2017, Fool.ca published: “Kinross Gold Corporation: Is it Finally Time to Buy This Beleaguered Stock?” on February 07, 2017. More interesting news about Kinross Gold Corporation (USA) (NYSE:KGC) were released by: Fool.ca and their article: “Why Kinross Gold Corporation Could Be a Glimmering Turnaround Play” published on July 24, 2017 as well as Fool.ca‘s news article titled: “Gold Hits US$1330: Time to Buy Kinross Gold Corporation?” with publication date: September 06, 2017.

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