<div id="readability-page-1"><p>Hilltop National Bank lessened its stake in  Newmont Corporation (NYSE:NEM - Free Report) by 49.6% in the third quarter, according to its most recent 13F filing with the Securities &amp; Exchange Commission. The institutional investor  owned 12,738 shares of the basic materials company's stock after selling 12,521 shares during the quarter. Hilltop National Bank's holdings in Newmont were worth $1,074,000 at the end of the most recent quarter.</p><ul><li>Best Way to Invest in Gold Right Now—What Smart Money Is Doing</li></ul><p>Other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in  Newmont in the second quarter valued at about $919,170,000.  Invesco Ltd. grew its holdings in shares of  Newmont by 45.0% in the 2nd quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company's stock worth $908,152,000 after acquiring an additional 4,839,447 shares during the period.  Amundi increased its stake in  Newmont by 2.8% in the 1st quarter. Amundi now owns 12,646,114 shares of the basic materials company's stock valued at $611,187,000 after purchasing an additional 343,535 shares in the last quarter.  Legal &amp; General Group Plc raised its holdings in  Newmont by 6.3% during the second quarter. Legal &amp; General Group Plc now owns 7,444,729 shares of the basic materials company's stock worth $433,236,000 after purchasing an additional 438,748 shares during the last quarter.  Finally, Price T Rowe Associates Inc. MD boosted its position in  Newmont by 5.0% during the first quarter. Price T Rowe Associates Inc. MD now owns 6,180,182 shares of the basic materials company's stock worth $298,380,000 after purchasing an additional 293,221 shares in the last quarter. Hedge funds and other institutional investors own  68.85% of the company's stock. </p><h2>Analyst Ratings Changes</h2><p>Several research firms have recently issued reports on NEM. Weiss Ratings  reaffirmed a &#34;buy (b-)&#34; rating on shares of Newmont in a research note on Monday. BNP Paribas Exane cut shares of Newmont from an &#34;outperform&#34; rating to a &#34;neutral&#34; rating and set a $97.00 target price for the company. in a research report on Friday, December 5th. Macquarie upgraded shares of Newmont from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, December 5th. Argus raised their price objective on shares of Newmont from $75.00 to $94.00 in a research note on Friday, November 21st. Finally, Zacks Research lowered Newmont from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Tuesday, November 18th. Five investment analysts have rated the stock with a Strong Buy rating, thirteen have issued  a Buy rating and four have issued  a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of &#34;Buy&#34; and an average price target of $96.37.</p><ul><li>Gold’s Explosive Rally: GDX ETF May Be the Fast Track to Profits</li></ul><p><b>View Our Latest Stock Analysis on NEM</b></p><h2>Newmont Price Performance</h2><p>NEM opened at $99.32 on Friday. Newmont Corporation has a 1 year low of $36.86 and a 1 year high of $102.13. The company's 50 day simple moving average is $88.80 and its 200 day simple moving average is $75.23. The stock has a market capitalization of $108.39 billion, a PE ratio of 15.42, a P/E/G ratio of 0.69 and a beta of 0.41. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.74 and a current ratio of 2.04. </p><ul><li>Why These 3 Market-Beaters Are Backing Up Their Buyback Trucks</li></ul><p>Newmont (NYSE:NEM - Get Free Report) last posted its quarterly earnings results on Thursday, October 23rd. The basic materials company reported $1.71 earnings per share for the quarter, topping analysts' consensus estimates of $1.27 by $0.44. Newmont had a net margin of 33.42% and a return on equity of 20.35%. The company had revenue of $5.52 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same quarter last year, the firm posted $0.81 earnings per share. Newmont's revenue was up 20.0% on a year-over-year basis.  As a group, sell-side analysts expect that  Newmont Corporation will post 3.45 EPS for the current year. </p><h2>Newmont Dividend Announcement</h2><p>The company also recently announced a quarterly dividend, which will be paid on Monday, December 22nd. Investors of record on Wednesday, November 26th will be issued a $0.25 dividend. The ex-dividend date is Wednesday, November 26th. This represents a $1.00 dividend on an annualized basis and a yield of 1.0%. Newmont's dividend payout ratio (DPR) is presently 15.53%. </p><h2>Insider Transactions at Newmont</h2><p>In other news, CEO Thomas Ronald Palmer sold 5,000 shares of Newmont stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $81.34, for a total value of $406,700.00. Following the transaction, the chief executive officer directly owned 279,923 shares of the company's stock, valued at $22,768,936.82. The trade was a 1.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director Bruce R. Brook sold 2,080 shares of the stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $92.36, for a total transaction of $192,108.80. Following the sale, the director directly owned 32,709 shares of the company's stock, valued at approximately $3,021,003.24. This trade represents a 5.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 11,240 shares of company stock valued at $943,985. 0.05% of the stock is owned by company insiders. </p><h2>Newmont Company Profile</h2> (Free Report)<p>Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Newmont</li><li>3 Must-Buy Warren Buffett Stocks for Volatile Times</li><li>Broadcom Stock Crashes 20%—But Wall Street Sees It Soaring to $500</li><li>How the NYSE and NASDAQ are Different, Why That Matters to Investors</li><li>Forget the Chips: 4 Industrial Plays for the AI Rebound</li><li>What is the FTSE 100 index? </li><li>MongoDB Could Hit Record Highs—But You’ll Need to Move Fast</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5FTQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPU5FTQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Newmont Right Now?</h2><p>Before you consider Newmont, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Newmont wasn't on the list.</p><p>While Newmont currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Hilltop National Bank reduced its stake in Newmont Corporation by 49.6% in Q3, now holding 12,738 shares valued at $1,074,000. Other institutional investors have adjusted their positions in Newmont. The company reported strong Q3 earnings, with a net margin of 33.42% and revenue up 20% year-over-year. Analysts maintain a 'Buy' rating with a $96.37 average price target. Newmont's stock opened at $99.32, with a 1-year high of $102.13. A quarterly dividend of $0.25 will be paid on December 22nd.</p>

Hilltop National Bank Decreases Stake in Newmont Corporation $NEM