Crossmark Global Holdings Inc. boosted its position in Goldcorp Inc. (NYSE:GG) (TSE:G) by 4.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 102,724 shares of the basic materials company’s stock after acquiring an additional 4,025 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Goldcorp were worth $1,312,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Private Advisor Group LLC acquired a new position in shares of Goldcorp during the third quarter worth about $137,000. Cerebellum GP LLC acquired a new position in shares of Goldcorp during the fourth quarter worth about $133,000. Stephens Inc. AR acquired a new position in shares of Goldcorp during the third quarter worth about $173,000. Sigma Planning Corp acquired a new position in shares of Goldcorp during the third quarter worth about $210,000. Finally, Timber Hill LLC lifted its stake in shares of Goldcorp by 476.3% during the third quarter. Timber Hill LLC now owns 18,464 shares of the basic materials company’s stock worth $239,000 after purchasing an additional 23,371 shares in the last quarter. Institutional investors own 54.08% of the company’s stock.

GG has been the topic of a number of recent research reports. Credit Suisse Group upgraded Goldcorp from a “neutral” rating to an “outperform” rating and boosted their price objective for the stock from $15.50 to $19.00 in a research note on Monday, January 15th. CIBC boosted their price objective on Goldcorp from $17.50 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 17th. TD Securities upgraded Goldcorp from a “buy” rating to an “action list buy” rating and boosted their price objective for the stock from $20.00 to $22.00 in a research note on Wednesday, January 17th. JPMorgan Chase & Co. boosted their price objective on Goldcorp from $16.00 to $18.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 15th. Finally, Royal Bank of Canada upgraded Goldcorp from a “sector perform” rating to an “outperform” rating and boosted their price objective for the stock from $15.00 to $18.00 in a research note on Wednesday, November 1st. Nine investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $17.48.

Shares of Goldcorp Inc. (GG) opened at $13.20 on Thursday. Goldcorp Inc. has a 52-week low of $11.64 and a 52-week high of $17.87. The stock has a market capitalization of $10,993.56, a PE ratio of 23.92, a PEG ratio of 2.68 and a beta of 0.05. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.69 and a current ratio of 1.00.

Goldcorp (NYSE:GG) (TSE:G) last announced its earnings results on Wednesday, February 14th. The basic materials company reported $0.28 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.12 by $0.16. Goldcorp had a return on equity of 3.27% and a net margin of 14.91%. During the same quarter last year, the business earned $0.12 EPS. research analysts predict that Goldcorp Inc. will post 0.44 EPS for the current year.

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Goldcorp Profile

Goldcorp Inc is a gold producer engaged in the operation, exploration, development and acquisition of precious metal properties in Canada, the United States, Mexico, and Central and South America. The Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company’s segments include Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc (Porcupine), Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito SA de C.V.

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Institutional Ownership by Quarter for Goldcorp (NYSE:GG)

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