Lakeland Financial (LKFN)’s Insider Jonathan Steiner Sold 1,960 Shares of the Company; Newmont Mining (NEM) Has 1.4 Sentiment

Newmont Mining Corporation, together with its subsidiaries, operates in the mining industry. The company has market cap of $20.07 billion. The firm primarily acquires, develops, explores for, and produces gold. It has a 245.95 P/E ratio. It also explores for silver and copper properties.

Jonathan Steiner, the insider, who is right now a Senior Vice President of Lakeland Financial Corp sold nearly 1,960 shares of the firm worth about $89,997 USD which is calculated based on a stock price of 45.9 USD for each share. Right now, Jonathan Steiner owns 10,054 shares which are equivalent to about 0.04% of Lakeland Financial Corp’s total market cap (Market Capitalization is a measurement of business value based on share price and number of shares outstanding).

Since January 1, 0001, it had 0 insider purchases, and 11 sales for $1.16 million activity.

Asa Gold & Precious Metals Ltd holds 12.77% of its portfolio in Newmont Mining Corporation for 570,368 shares. D.C. Capital Advisors Ltd owns 300,000 shares or 7.43% of their US portfolio. Moreover, Foundation Resource Management Inc has 6.16% invested in the company for 991,953 shares. The Colorado-based Semper Augustus Investments Group Llc has invested 5.47% in the stock. Knightsbridge Asset Management Llc, a California-based fund reported 208,480 shares.

Analysts await Newmont Mining Corporation (NYSE:NEM) to report earnings on February, 20. They expect $0.36 earnings per share, up 9.09% or $0.03 from last year’s $0.33 per share. NEM’s profit will be $192.00M for 26.13 P/E if the $0.36 EPS becomes a reality. After $0.35 actual earnings per share reported by Newmont Mining Corporation for the previous quarter, Wall Street now forecasts 2.86% EPS growth.

The stock decreased 0.45% or $0.17 during the last trading session, reaching $37.63. About 8.98 million shares traded or 88.88% up from the average. Newmont Mining Corporation (NEM) has declined 1.49% since February 7, 2017 and is downtrending. It has underperformed by 18.19% the S&P500.

Ratings analysis reveals 60% of Newmont Mining’s analysts are positive. Out of 5 Wall Street analysts rating Newmont Mining, 3 give it “Buy”, 0 “Sell” rating, while 2 recommend “Hold”. The lowest target is $39.0 while the high is $45.0. The stock’s average target of $42 is 11.61% above today’s ($37.63) share price. NEM was included in 5 notes of analysts from October 17, 2016. The company was upgraded on Tuesday, November 22 by Bank of America. The firm earned “Neutral” rating on Monday, December 5 by Citigroup. Barclays Capital upgraded Newmont Mining Corporation (NYSE:NEM) rating on Monday, October 17. Barclays Capital has “Overweight” rating and $45.0 target. The rating was maintained by FBR Capital on Thursday, November 10 with “Mkt Perform”. The rating was upgraded by Standpoint Research on Thursday, December 29 to “Buy”.

Investors sentiment decreased to 1.02 in Q3 2017. Its down 0.15, from 1.17 in 2017Q2. It fall, as 10 investors sold Lakeland Financial Corporation shares while 39 reduced holdings. 10 funds opened positions while 40 raised stakes. 17.46 million shares or 0.94% more from 17.30 million shares in 2017Q2 were reported. 32,973 are owned by Credit Suisse Ag. Motley Fool Wealth Management Ltd Limited Liability Company reported 0.37% stake. Walthausen Lc reported 255,691 shares. Opus Cap Group Incorporated Ltd reported 4,512 shares or 0.05% of all its holdings. Barclays Public Limited Com reported 3,504 shares. Wedge Mgmt L L P Nc invested 0.04% in Lakeland Financial Corporation (NASDAQ:LKFN). Deutsche Natl Bank Ag invested in 82,848 shares or 0% of the stock. 1St Source Bancorporation owns 0.49% invested in Lakeland Financial Corporation (NASDAQ:LKFN) for 121,760 shares. Segall Bryant Hamill Lc reported 199,360 shares. Citigroup accumulated 74 shares. Moreover, Great West Life Assurance Can has 0% invested in Lakeland Financial Corporation (NASDAQ:LKFN). Ubs Asset Mgmt Americas holds 4,260 shares or 0% of its portfolio. 58,751 are owned by Renaissance Tech Ltd. Neuberger Berman Grp Limited Liability reported 0.04% of its portfolio in Lakeland Financial Corporation (NASDAQ:LKFN). Moreover, State Common Retirement Fund has 0% invested in Lakeland Financial Corporation (NASDAQ:LKFN).

It closed at $46.45 lastly. It is up 35.39% since February 7, 2017 and is uptrending. It has outperformed by 18.69% the S&P500.

Among 6 analysts covering Lakeland Financial (NASDAQ:LKFN), 0 have Buy rating, 0 Sell and 6 Hold. Therefore 0 are positive. Lakeland Financial has $50.0 highest and $32 lowest target. $41’s average target is -11.73% below currents $46.45 stock price. Lakeland Financial had 9 analyst reports since July 28, 2015 according to SRatingsIntel. The firm earned “Neutral” rating on Thursday, July 21 by DA Davidson. On Monday, June 13 the stock rating was downgraded by Stephens to “Equal-Weight”. Keefe Bruyette & Woods maintained the shares of LKFN in report on Thursday, December 21 with “Hold” rating. FIG Partners downgraded the shares of LKFN in report on Tuesday, October 27 to “Market Perform” rating. As per Thursday, December 17, the company rating was downgraded by Raymond James. The firm has “Market Perform” rating given on Tuesday, August 9 by Wood. The stock of Lakeland Financial Corporation (NASDAQ:LKFN) earned “Hold” rating by Keefe Bruyette & Woods on Thursday, June 1. The rating was maintained by Keefe Bruyette & Woods on Wednesday, November 29 with “Hold”.

Lakeland Financial Corporation operates as the bank holding firm for Lake City Bank that provides various financial services in Indiana. The company has market cap of $1.16 billion. The firm offers various deposit products, including noninterest bearing deposits; interest-bearing checking, savings, and money market deposits; and NOW and demand deposits. It has a 20.83 P/E ratio. It also provides commercial and industrial loans, commercial real estate and multi-family residential loans, agri-business and agricultural loans, and other commercial loans; and consumer 1-4 family mortgage loans and other consumer loans.