<div id="readability-page-1"><p>SG Americas Securities LLC lessened its position in shares of  Newmont Corporation (NYSE:NEM - Free Report) by 56.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor  owned 92,869 shares of the basic materials company's stock after selling 121,330 shares during the quarter. SG Americas Securities LLC's holdings in Newmont were worth $7,830,000 as of its most recent SEC filing.</p><ul><li>3 Mining Companies to Fill Stockings With More Than Just Coal</li></ul><p>Several other hedge funds have also modified their holdings of the company. Envestnet Asset Management Inc. lifted its holdings in shares of  Newmont by 176.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 447,960 shares of the basic materials company's stock valued at $26,098,000 after acquiring an additional 285,897 shares during the last quarter.  Knights of Columbus Asset Advisors LLC raised its position in  Newmont by 59.6% during the second quarter. Knights of Columbus Asset Advisors LLC now owns 15,653 shares of the basic materials company's stock valued at $912,000 after purchasing an additional 5,848 shares during the period.  Robeco Institutional Asset Management B.V. lifted its stake in shares of  Newmont by 172.2% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,304,215 shares of the basic materials company's stock valued at $362,888,000 after purchasing an additional 2,723,044 shares during the last quarter.  Generate Investment Management Ltd boosted its holdings in shares of  Newmont by 25.9% in the 2nd quarter. Generate Investment Management Ltd now owns 378,975 shares of the basic materials company's stock worth $22,079,000 after purchasing an additional 77,865 shares during the period.  Finally, Midwest Trust Co bought a new position in shares of  Newmont during the 2nd quarter valued at approximately $4,424,000. 68.85% of the stock is owned by hedge funds and other institutional investors. </p><h2>Insider Buying and Selling at Newmont</h2><p>In other news, Director Bruce R. Brook sold 2,080 shares of the firm's stock in a transaction 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 transaction, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. This trade represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Thomas Ronald Palmer sold 5,000 shares of the company's stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $81.34, for a total transaction of $406,700.00. Following the completion of the sale, the chief executive officer directly owned 279,923 shares of the company's stock, valued at approximately $22,768,936.82. This trade represents a 1.75% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 9,160 shares of company stock worth $767,206 over the last 90 days. 0.05% of the stock is currently owned by company insiders. </p><h2>Newmont Trading Up 2.0%</h2><ul><li>Best Way to Invest in Gold Right Now—What Smart Money Is Doing</li></ul><p>NEM stock opened at $108.99 on Friday. Newmont Corporation has a 12 month low of $38.53 and a 12 month high of $109.30. The firm's 50-day moving average is $94.34 and its 200 day moving average is $80.57. The company has a market capitalization of $118.94 billion, a PE ratio of 16.92, a P/E/G ratio of 0.79 and a beta of 0.41. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 1.74. </p><p>Newmont (NYSE:NEM - Get Free Report) last released its quarterly earnings data on Thursday, October 23rd. The basic materials company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.27 by $0.44. The company had revenue of $5.52 billion during the quarter, compared to analysts' expectations of $5.14 billion. Newmont had a net margin of 33.42% and a return on equity of 20.35%. The firm's quarterly revenue was up 20.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 EPS.  On average, research analysts anticipate that  Newmont Corporation will post 3.45 EPS for the current year. </p><h2>Newmont Dividend Announcement</h2><ul><li>Gold’s Explosive Rally: GDX ETF May Be the Fast Track to Profits</li></ul><p>The company also recently disclosed a quarterly dividend, which was paid on Monday, December 22nd. Shareholders of record on Wednesday, November 26th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.9%. The ex-dividend date was Wednesday, November 26th. Newmont's dividend payout ratio (DPR) is presently 15.53%. </p><h2>Wall Street Analysts Forecast Growth</h2><p>Several research analysts have commented on NEM shares. Scotiabank raised shares of Newmont from a &#34;sector perform&#34; rating to a &#34;sector outperform&#34; rating and lifted their price objective for the stock from $71.50 to $114.00 in a research note on Thursday, October 23rd. Argus raised their target price on shares of Newmont from $75.00 to $94.00 in a report on Friday, November 21st. CIBC  set a $112.00 price target on shares of Newmont and gave the company an &#34;outperformer&#34; rating in a report on Friday, October 10th. Citigroup increased their price objective on shares of Newmont from $74.00 to $104.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, October 15th. Finally, Zacks Research lowered Newmont from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research report 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 given a Hold rating to the company. Based on data from MarketBeat.com, the stock  has a consensus rating of &#34;Buy&#34; and a consensus price target of $97.08.</p><p><b>Get Our Latest Stock Report on Newmont</b></p><h2>Newmont Profile</h2> (Free Report)<p>Newmont Corporation <span>NYSE: NEM<span></span></span> is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company's core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.  </p><p>Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.</p><h2>Read More</h2><ul><li>Five stocks we like better than Newmont</li><li>Why Trump and Musk suddenly care about Fort Knox</li><li>Best $19 you’ll spend this year.</li><li>Do not delete, read immediately</li><li>How a Family Trust May Be Able To Help Preserve Your Wealth</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li></ul><p><strong>Want to see what other hedge funds are holding NEM?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM - Free Report).</p><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>SG Americas Securities LLC reduced its stake in Newmont Corporation (NYSE:NEM) by 56.6% in Q3, selling 121,330 shares, leaving it with 92,869 shares valued at $7.83 million. Other hedge funds have also adjusted their holdings, with Envestnet Asset Management increasing its stake by 176.4%. Insider transactions included Director Bruce R. Brook selling 2,080 shares and CEO Thomas Ronald Palmer selling 5,000 shares. Newmont's stock opened at $108.99, with a market cap of $118.94 billion and a recent EPS of $1.71, exceeding estimates. A quarterly dividend of $0.25 per share was also announced.</p>

SG Americas Securities LLC Sells 121,330 Shares of Newmont Corporation $NEM