Franco-Nevada Corporation (NYSE:FNV) Lowered to "Hold" at BidaskClub

12 August, 2017, 21:52 | Author: Terri Saunders

Hexavest Inc. boosted its stake in shares of Franco-Nevada Corporation by 50.7% in the second quarter. Cibc World Markets Inc. augmented its stake by buying 2,540,547 shares an increase of 10,203.0% in the quarter.

The stock increased 3.13% or $2.36 during the last trading session, reaching $77.66. Can boosted its position in Franco-Nevada Corporation by 15.2% in the first quarter. FMR LLC now owns 14,804,189 shares of the basic materials company's stock valued at $1,068,190,000 after buying an additional 1,028,578 shares during the last quarter.

Receive Franco-Nevada Corporation News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franco-Nevada Corporation with MarketBeat.com's FREE daily email newsletter. Can now owns 1,389,027 shares of the basic materials company's stock valued at $90,859,000 after buying an additional 183,038 shares during the period. Palisade Capital Management NJ raised its position in Franco-Nevada Corporation by 4.9% in the Q1. Chase Investment Counsel Corp now owns 4,365 shares of the basic materials company's stock valued at $314,000 after buying an additional 305 shares during the last quarter. Schroder Investment Management Group bought a new stake in Franco-Nevada Corporation during the first quarter worth $222,000. Similar statistics are true for the second largest owner, Van Eck Associates Corp, which owns 10,773,637 shares of the stock are valued at $783.24 million.

Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) last released its quarterly earnings results on Tuesday, August 8th. The company has a market cap of $14.16 billion, a P/E ratio of 99.55 and a beta of -0.03. Franco-Nevada Corporation has a 1-year low of $53.31 and a 1-year high of $80.00. The company has a 50-day moving average of $72.77 and a 200-day moving average of $69.18. Barclays reduced the price target on Franco-Nevada Corporation from $74.00 to $72.00 and fixed an "equal weight" recommendation on the share in a study note published on early Thur, Jul 13th. The basic materials company reported $0.25 earnings per share (EPS) for the quarter, hitting the Zacks' consensus estimate of $0.25. The business had revenue of $163.60 million for the quarter, compared to analyst estimates of $164.62 million. Franco-Nevada Corporation was incorporated in 2007 and is headquartered in Toronto, Canada. The firm's revenue was up 8.8% on a year-over-year basis. Next quarter's EPS is forecasted at $0.24 with next year's EPS anticipated to be $1.07.

Press coverage about Franco-Nevada Corporation (NYSE:FNV) (TSE:FNV) has been trending positive this week, according to Accern Sentiment Analysis. The company also recently declared a dividend for shareholders paid on Thursday the 29th of June 2017. The ex-dividend date was set for Tuesday the 13th of June 2017. This dividend represents a yield of $1.55.

Sindh CM seeks permission for state funeral for Ruth Pfau
Mark Lobel at the BBC reports that's when she saw leprosy up close for the first time and decided that would be her life's work. She also authored several books about her experiences, including To Light A Candle , which has been translated into English.


Glenview Capital Management Llc holds 8.71% of its portfolio in Humana Inc for 6.31 million shares. If you are viewing this article on another domain, it was stolen and reposted in violation of worldwide copyright and trademark laws.

A number of research firms have weighed in on FNV.

11/08/2016 - Franco-Nevada Corporation had its "sector perform" rating reiterated by analysts at Scotiabank. JP Morgan initiated Franco Nevada Corp (NYSE:FNV) on Wednesday, January 20 with "Neutral" rating. The firm has "Buy" rating given on Thursday, December 8 by Dundee Securities. ValuEngine raised Franco-Nevada Corporation from a "sell" rating to a "hold" rating in a report on Friday, June 2nd.

COPYRIGHT VIOLATION NOTICE: "Franco-Nevada Corporation (NYSE:FNV) Position Boosted by Barometer Capital Management Inc." was originally reported by Sports Perspectives and is owned by of Sports Perspectives. On Wednesday, October 26 the stock rating was initiated by Desjardins Securities with "Buy". It also has interests in silver ores; platinum group metals, including palladium; other minerals comprising base metals, iron ore, coal, and industrial and miscellaneous minerals; and oil and gas properties.

Recommended:

  • Roberto Aguayo cut by Buccaneers following rough preseason game

    Roberto Aguayo cut by Buccaneers following rough preseason game

    As expected, Koetter wasn't happy with Aguayo's missed kicks on Friday and made it very evident following the team's 24-12 loss. The Bucs traded up into the second round to draft Aguayo after he was an All-American kicker at Florida State.

    Fundamentals in Focus for Healthcare Realty Trust Incorporated (HR)

    UBS AG lowered Physicians Realty Trust from a strong-buy rating to an outperform rating in a research report on Monday, July 17th. BidaskClub upgraded Physicians Realty Trust from a hold rating to a buy rating in a research note on Friday, June 23rd.
    If North Korea attacks USA , it 'will regret it fast'

    If North Korea attacks USA , it 'will regret it fast'

    But he says that, until that happens, the United States "will be the most powerful nuclear nation on earth, by far". Navy aircraft carrier strike group or Marine Corps Expeditionary Unit off the Korean Peninsula right now.
  • Michael Carrick expects Premier League title challenge from Manchester United

    Michael Carrick expects Premier League title challenge from Manchester United

    The first week of the season is always one of the hardest to predict, but our writers have a lot of confidence in the top six. The Spanish manager believes the signings were needed to freshen up an ageing squad ahead of the new season.
    Solar spectacles needed for safe viewing of eclipse

    Solar spectacles needed for safe viewing of eclipse

    On Aug. 21, the greater part of North America will experience a solar eclipse , when the moon blocks the sun from Earth's view. August 21 over Washington County in western Idaho and move east, exiting the state around 12:48 p.m. over Teton County.
    Giroud wants to stay and fight for his place, claims Wenger

    Giroud wants to stay and fight for his place, claims Wenger

    Arsenal , meanwhile, have not won their first Premier League game of the season at the Emirates in three of the past four years. The Gunners are at the top of the table and thank the football gods the Premier League is back.
  • Jefferies Group Analysts Increase Earnings Estimates for Kinross Gold Co

    On average, equities analysts anticipate that Kinross Gold Corporation will post $0.09 earnings per share for the current year. Contrarius Investment Management Ltd boosted its position in shares of Kinross Gold Corporation by 4.0% in the second quarter.
    629 ft. cargo ship runs aground, closes St Marys River

    629 ft. cargo ship runs aground, closes St Marys River

    Contracted divers conducted an initial assessment of the vessel's stern and determined that it is structurally sound. Stateside's conversation with Lieutenant Junior Grade Sean Murphy of the United States Coast Guard.
    S&P falls 1.4 pct in safety flight on N. Korea tensions

    S&P falls 1.4 pct in safety flight on N. Korea tensions

    The U.S. dollar was down 0.3% at 110.01 yen which hurt the share prices of motor-vehicle makers, technology companies and banks. When Iraq invaded Kuwait 27 years ago this month, the S&P 500 fell 1.1 percent, and was down 9.3 percent 20 days later.
  • Stock markets slip as North Korea tensions build

    Stock markets slip as North Korea tensions build

    The data comes amid tepid inflation that has remained below the Federal Reserve's 2 percent target, despite low unemployment. The Dow and S&P 500 inched higher on the day but they both posted their largest weekly percentage drops since late March.
    'Never sell him' - Arsenal fans react to display of substitute against Leicester

    'Never sell him' - Arsenal fans react to display of substitute against Leicester

    A predictable Arsenal implosion followed, with Shinji Okazaki and Jamie Vardy putting Leicester in front. We encourage our midfield players to play balls in behind.
    3.5mn N.Koreans sign up to fight against US

    3.5mn N.Koreans sign up to fight against US

    Security Council resolutions. "All the people are rising up across the country to retaliate against the U.S. thousands of times". State news agency KCNA has reported such mobilisations all over the country on Thursday and Friday.


Popular

OpenAI's Dota 2 bot defeats world's best pro player
In the second match, the player surrendered themselves, and the third time refused to play by asking "complete mockery" of it. Dota 2 is normally played as a 5-vs-5 team game, so limiting the bot to a 1-on-1 match greatly reduces the complexity.

Trump tells Calvo he's behind Guam "1000%"
Referring to an "imminent missile threat", it includes advice like: "Do not look at the flash or fireball - it can blind you". The president called the USA military "incredible, "rock solid" and "the best in the world by a factor of five".

Pakistan again violates ceasefire in Poonch, one jawan martyred
A lady was killed when Pakistan damaged truce in Jammu and Kashmir's Mendhar part at 5:30 am on Saturday. She was standing in front of her house when the splinters hit her.

Hewlett Packard Enterprise Company (HPE) EVP Sells 15333 Shares of Stock
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link . The company's shares were given away at $17.45 per share worth to an income of some $2,415,097 on account of WHITMAN MARGARET C.

The Duke Energy Corporation (DUK) Receives "Hold" Rating from BMO Capital Markets
BidaskClub lowered shares of Duke Energy Corporation from a hold rating to a sell rating in a report on Thursday, July 6th. Shares of DRE have uptrended 3.08% in the past three months, while the S&P 500 has moved -2.39% in that time.

Everton v Stoke: Premier League preview, line-ups & predictions
Everton are ready to do their talking on the pitch after a summer in which they have made the size of their ambitions clear.

Denis Shapovalov says he doesn't remember taking that photo with Rafael Nadal
Haase will face the victor between second-seeded Roger Federer and Roberto Bautista Agut in the semifinals on Saturday. Mannarino defeated Hyeon Chung of South Korea 6-3, 6-3.

Se la Corea del Nord attacca Guam se ne pentirĂ  amaramente
GLI SCENARI - Se la Corea del Nord dovesse lancia un attacco di minaccia agli Stati Uniti , la Cina dovrebbe rimanere neutrale. Ma l'escalation di tensione preoccupa la Russian Federation , che ha deciso di rafforzare i sistemi anti-aerei a Est.

Craig Shakespeare expects Danny Drinkwater to stay at Leicester this summer
However, Shakespeare believes the midfielder, a product of United's academy, will remain at the King Power Stadium this summer. I have always answered this question, not only once but twice, three times'.

'Jersey Shore' Cast Reunite For E! Docuseries
In the clip, The Situation describes Pauly D as his former "boy in the house", but laments that they haven't spoken in five years. He also sports his famous "motorcycle-proof" hair even if he tries to wear more sensible hairstyles during the past five years.