Semper Augustus Investments Group Upped Its Holding in Kinross Gold (KGC) by $2.19 Million; Greystone Managed Investments Has Lowered Its Union Pac (UNP) Stake as Market Value Rose

August 10, 2018 - By Matthew Richard

Union Pacific Corporation (NYSE:UNP) Logo

Greystone Managed Investments Inc decreased its stake in Union Pac Corp (UNP) by 3.48% based on its latest 2018Q1 regulatory filing with the SEC. Greystone Managed Investments Inc sold 3,009 shares as the company’s stock rose 4.52% while stock markets declined. The institutional investor held 83,572 shares of the railroads company at the end of 2018Q1, valued at $11.24M, down from 86,581 at the end of the previous reported quarter. Greystone Managed Investments Inc who had been investing in Union Pac Corp for a number of months, seems to be less bullish one the $109.87B market cap company. The stock decreased 0.13% or $0.19 during the last trading session, reaching $148.57. About 119,708 shares traded. Union Pacific Corporation (NYSE:UNP) has risen 32.23% since August 10, 2017 and is uptrending. It has outperformed by 19.66% the S&P500. Some Historical UNP News: 08/05/2018 – Union Pacific Presenting at Conference May 15; 10/04/2018 – UNION PACIFIC CORP UNP.N : BAIRD RAISES TARGET PRICE TO $148 FROM $143; 12/03/2018 – Kansas Transportation Infrastructure Receives $113 million Boost from Union Pacific; 12/03/2018 – KANSAS TRANSPORTATION GETS $113M BOOST FROM UNION PACIFIC; 06/03/2018 – DOT STB: Case Title: BNSF RAILWAY COMPANY–TERMINAL TRACKAGE RIGHTS–KANSAS CITY SOUTHERN RAILWAY COMPANY AND UNION PACIFIC; 26/04/2018 – UNION PACIFIC CORP – QTRLY OPERATING RATIO OF 64.6 PERCENT, IMPROVED 0.6 POINTS; 09/04/2018 – Mackenzie Cundill Value Exits McKesson, Cuts Union Pacific; 26/04/2018 – UNION PACIFIC NOW EXPECTS 75% PTC IMPLEMENTATON BY YR END 2018; 08/03/2018 – DOT STB: Case Title: ARKEMA INC. V. UNION PACIFIC RAILROAD COMPANY; 26/04/2018 – Union Pacific 1Q EPS $1.68

Semper Augustus Investments Group Llc increased its stake in Kinross Gold Corp (KGC) by 191.36% based on its latest 2018Q1 regulatory filing with the SEC. Semper Augustus Investments Group Llc bought 730,395 shares as the company’s stock declined 0.28% with the market. The hedge fund held 1.11M shares of the precious metals company at the end of 2018Q1, valued at $4.39 million, up from 381,690 at the end of the previous reported quarter. Semper Augustus Investments Group Llc who had been investing in Kinross Gold Corp for a number of months, seems to be bullish on the $4.05B market cap company. The stock decreased 1.23% or $0.04 during the last trading session, reaching $3.2. About 1.26M shares traded. Kinross Gold Corporation (NYSE:KGC) has declined 14.29% since August 10, 2017 and is downtrending. It has underperformed by 26.86% the S&P500. Some Historical KGC News: 09/04/2018 – Kinross: Russia Operations Remain Unaffected by U.S. Sanctions; 26/03/2018 – SEC: Kinross Gold Violations Arise From Failure to Implement Adequate Accounting controls of Two African Subsidiaries; 09/05/2018 – Kinross Reels as Two More African Nations Seek Mining Payoffs; 16/05/2018 – KINROSS RECEIVED `SOMEWHAT BENIGN’ REQUEST FROM MAURITANIA; 08/05/2018 – KINROSS GOLD CORP K.TO – TOTAL CAPITAL EXPENDITURES ARE FORECAST TO BE APPROXIMATELY $1,075 MLN FOR YEAR; 22/03/2018 – S&P REVISES KINROSS GOLD CORP. TO RATING ‘BBB-‘ FROM ‘BB+’; 26/03/2018 – SEC Press Release: Kinross Gold Charged With FCPA Violations; 08/05/2018 – Kinross Gold 1Q EPS 8c; 09/04/2018 – Kinross Russia operations remain unaffected by U.S. sanctions; 26/03/2018 – U.S. SEC SAYS KINROSS GOLD CHARGED WITH FCPA VIOLATIONS

Among 17 analysts covering Kinross Gold Corporation (NYSE:KGC), 7 have Buy rating, 0 Sell and 10 Hold. Therefore 41% are positive. Kinross Gold Corporation had 64 analyst reports since July 24, 2015 according to SRatingsIntel. As per Thursday, March 31, the company rating was maintained by Credit Suisse. The company was initiated on Wednesday, September 7 by Berenberg. The firm earned “Hold” rating on Monday, April 9 by BMO Capital Markets. The firm has “Market Perform” rating given on Monday, December 19 by BMO Capital Markets. Goldman Sachs upgraded Kinross Gold Corporation (NYSE:KGC) rating on Wednesday, May 11. Goldman Sachs has “Neutral” rating and $5.30 target. Bank of America upgraded the shares of KGC in report on Friday, March 11 to “Buy” rating. The company was upgraded on Friday, July 1 by Macquarie Research. The firm has “Buy” rating given on Monday, September 25 by RBC Capital Markets. On Monday, February 8 the stock rating was upgraded by BMO Capital Markets to “Outperform”. The rating was maintained by BMO Capital Markets on Monday, September 18 with “Buy”.

Semper Augustus Investments Group Llc, which manages about $202.17 million and $143.76M US Long portfolio, decreased its stake in Newmont Mining Corp (NYSE:NEM) by 15,450 shares to 175,761 shares, valued at $6.87M in 2018Q1, according to the filing.

More news for Kinross Gold Corporation (NYSE:KGC) were recently published by: Seekingalpha.com, which released: “Kinross Gold Corporation (KGC) CEO Paul Rollinson on Q2 2018 Results – Earnings Call Transcript” on August 02, 2018. Seekingalpha.com‘s article titled: “Kinross Gold Second Quarter 2018 Results Analysis” and published on August 05, 2018 is yet another important article.

Greystone Managed Investments Inc, which manages about $2.35B US Long portfolio, upped its stake in Yy Inc (NASDAQ:YY) by 165,500 shares to 219,700 shares, valued at $23.11M in 2018Q1, according to the filing. It also increased its holding in Pfizer Inc (NYSE:PFE) by 35,006 shares in the quarter, for a total of 362,030 shares, and has risen its stake in Brookfield Asset Mgmt Inc (NYSE:BAM).

Analysts await Union Pacific Corporation (NYSE:UNP) to report earnings on October, 25. They expect $2.06 EPS, up 37.33% or $0.56 from last year’s $1.5 per share. UNP’s profit will be $1.52 billion for 18.03 P/E if the $2.06 EPS becomes a reality. After $1.98 actual EPS reported by Union Pacific Corporation for the previous quarter, Wall Street now forecasts 4.04% EPS growth.

Investors sentiment decreased to 0.75 in Q1 2018. Its down 0.19, from 0.94 in 2017Q4. It dived, as 62 investors sold UNP shares while 557 reduced holdings. 107 funds opened positions while 359 raised stakes. 589.68 million shares or 1.47% less from 598.50 million shares in 2017Q4 were reported. Hugh Johnson Advisors holds 2.33% or 58,140 shares. 8,391 are held by Ronna Sue Cohen. Edge Wealth Mgmt Ltd owns 3,380 shares for 0.12% of their portfolio. Sva Plumb Wealth Mngmt Llc accumulated 2,133 shares or 0.03% of the stock. Archford Cap Strategies Ltd Limited Liability Company has 12,248 shares for 0.68% of their portfolio. Baker Boyer Commercial Bank owns 1.2% invested in Union Pacific Corporation (NYSE:UNP) for 2,944 shares. Seaward Ltd Partnership invested 0.17% of its portfolio in Union Pacific Corporation (NYSE:UNP). Moreover, Dixon Hubard Feinour And Brown Inc Va has 0.07% invested in Union Pacific Corporation (NYSE:UNP) for 1,964 shares. The Ontario – Canada-based Intact Investment Mngmt Inc has invested 0.16% in Union Pacific Corporation (NYSE:UNP). Glenmede Tru Co Na reported 0.36% of its portfolio in Union Pacific Corporation (NYSE:UNP). Howard Cap has invested 0.22% in Union Pacific Corporation (NYSE:UNP). New Mexico Educational Retirement Board holds 75,038 shares. Brookstone Cap Mgmt invested in 0.03% or 2,498 shares. Northeast Invest Management has invested 3.11% in Union Pacific Corporation (NYSE:UNP). Skylands Cap Limited Liability Company accumulated 8.49% or 479,250 shares.

More important recent Union Pacific Corporation (NYSE:UNP) news were published by: Benzinga.com which released: “BNSF’s Second Quarter Operating Revenue Comes In Weakest Of The Class 1 Railroads” on August 09, 2018, also Nasdaq.com published article titled: “Report: Exploring Fundamental Drivers Behind Investors, WPX Energy, Interactive Brokers Group, Lear, Union Pacific …”, Forbes.com published: “What Will Drive Union Pacific’s Near-Term Growth?” on August 09, 2018. More interesting news about Union Pacific Corporation (NYSE:UNP) was released by: Seekingalpha.com and their article: “Union Pacific Just Beat Estimates” with publication date: July 20, 2018.

Union Pacific Corporation (NYSE:UNP) Institutional Positions Chart

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