Northern Cross Has Cut Barrick Gold (ABX) Holding; ASCENDAS R E INVESTMENT TRUST (ACDSF) Shorts Up By 9.91%

January 1, 2018 - By Kurt Siggers

ASCENDAS R E INVESTMENT TRUST (OTCMKTS:ACDSF) had an increase of 9.91% in short interest. ACDSF’s SI was 1.25 million shares in January as released by FINRA. Its up 9.91% from 1.14 million shares previously. With 200 avg volume, 6270 days are for ASCENDAS R E INVESTMENT TRUST (OTCMKTS:ACDSF)’s short sellers to cover ACDSF’s short positions. It closed at $2.02 lastly. It is down 0.00% since January 1, 2017 and is . It has underperformed by 16.70% the S&P500.

Northern Cross Llc decreased Barrick Gold Corp (ABX) stake by 7.63% reported in 2017Q3 SEC filing. Northern Cross Llc sold 573,589 shares as Barrick Gold Corp (ABX)’s stock declined 17.45%. The Northern Cross Llc holds 6.94M shares with $111.68M value, down from 7.51 million last quarter. Barrick Gold Corp now has $17.10B valuation. The stock increased 0.14% or $0.02 during the last trading session, reaching $14.47. About 5.62M shares traded. Barrick Gold Corporation (NYSE:ABX) has declined 8.26% since January 1, 2017 and is downtrending. It has underperformed by 24.96% the S&P500.

Ascendas Real Estate Investment Trust is a real estate investment trust externally managed by Ascendas Funds Management Limited. The company has market cap of $5.65 billion. The firm invests in the real estate markets of Singapore and Australia. It has a 17.26 P/E ratio. The Company’s portfolio is diversified across five major divisions of the business space and industrial property market.

Analysts await Barrick Gold Corporation (NYSE:ABX) to report earnings on February, 21. They expect $0.21 earnings per share, down 4.55% or $0.01 from last year’s $0.22 per share. ABX’s profit will be $248.11M for 17.23 P/E if the $0.21 EPS becomes a reality. After $0.16 actual earnings per share reported by Barrick Gold Corporation for the previous quarter, Wall Street now forecasts 31.25% EPS growth.

Among 24 analysts covering Barrick Gold Corp. (NYSE:ABX), 8 have Buy rating, 1 Sell and 15 Hold. Therefore 33% are positive. Barrick Gold Corp. had 81 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, June 12 the stock rating was maintained by RBC Capital Markets with “Buy”. The firm has “Hold” rating given on Friday, July 29 by Deutsche Bank. The firm has “Sell” rating by Mackie given on Monday, June 20. The rating was upgraded by Macquarie Research on Wednesday, August 19 to “Neutral”. The rating was maintained by RBC Capital Markets with “Buy” on Monday, September 25. The stock of Barrick Gold Corporation (NYSE:ABX) earned “Buy” rating by Citigroup on Tuesday, August 2. As per Tuesday, November 14, the company rating was maintained by BMO Capital Markets. The rating was upgraded by Argus Research to “Buy” on Tuesday, March 15. On Tuesday, August 9 the stock rating was initiated by Morgan Stanley with “Equal-Weight”. RBC Capital Markets upgraded the stock to “Outperform” rating in Thursday, March 16 report.

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