Eldorado Gold Corp (EGO) Shares Sold by Renaissance Technologies LLC

Renaissance Technologies LLC cut its stake in shares of Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 88.0% in the 3rd quarter, according to the …

Eldorado Gold logoRenaissance Technologies LLC cut its stake in shares of Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 88.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 403,200 shares of the basic materials company’s stock after selling 2,945,200 shares during the quarter. Renaissance Technologies LLC owned 0.05% of Eldorado Gold worth $356,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in EGO. Tower Research Capital LLC TRC grew its position in shares of Eldorado Gold by 1,257.3% in the third quarter. Tower Research Capital LLC TRC now owns 227,252 shares of the basic materials company’s stock valued at $201,000 after purchasing an additional 210,509 shares during the last quarter. U S Global Investors Inc acquired a new stake in shares of Eldorado Gold in the third quarter valued at about $396,000. CIBC World Markets Inc. grew its position in shares of Eldorado Gold by 24.6% in the third quarter. CIBC World Markets Inc. now owns 755,430 shares of the basic materials company’s stock valued at $667,000 after purchasing an additional 149,331 shares during the last quarter. CIBC Asset Management Inc grew its position in Eldorado Gold by 180.0% during the third quarter. CIBC Asset Management Inc now owns 1,412,649 shares of the basic materials company’s stock worth $1,235,000 after buying an additional 908,214 shares in the last quarter. Finally, Schroder Investment Management Group grew its position in Eldorado Gold by 22.6% during the second quarter. Schroder Investment Management Group now owns 5,149,397 shares of the basic materials company’s stock worth $6,093,000 after buying an additional 950,413 shares in the last quarter.

EGO opened at $4.18 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 6.33 and a quick ratio of 4.79. Eldorado Gold Corp has a 52 week low of $2.52 and a 52 week high of $6.05. The firm has a market cap of $663.79 million, a price-to-earnings ratio of 41.80, a price-to-earnings-growth ratio of 5.54 and a beta of 1.67.

A number of research firms recently weighed in on EGO. Zacks Investment Research downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Monday, February 11th. TD Securities raised Eldorado Gold from a “reduce” rating to a “hold” rating and lifted their target price for the stock from $3.50 to $4.50 in a research report on Wednesday, February 6th. National Bank Financial raised Eldorado Gold from a “sector perform” rating to an “outperform” rating in a research report on Friday, February 1st. BMO Capital Markets raised Eldorado Gold from a “market perform” rating to an “outperform” rating and set a $3.81 target price on the stock in a research report on Friday, February 1st. Finally, CIBC downgraded Eldorado Gold from a “neutral” rating to a “sector underperform” rating in a research report on Thursday, January 31st. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. Eldorado Gold presently has a consensus rating of “Hold” and a consensus price target of $2.36.

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About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Institutional Ownership by Quarter for Eldorado Gold (NYSE:EGO)

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BlackRock Inc. Sells 169258 Shares of Eldorado Gold Corp (NYSE:EGO)

BlackRock Inc. trimmed its position in shares of Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 2.2% in the 3rd quarter, according to the company in …

Eldorado Gold logoBlackRock Inc. trimmed its position in shares of Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 2.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,363,422 shares of the basic materials company’s stock after selling 169,258 shares during the period. BlackRock Inc. owned about 0.93% of Eldorado Gold worth $6,502,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also bought and sold shares of the business. Russell Investments Group Ltd. lifted its stake in Eldorado Gold by 479.6% during the second quarter. Russell Investments Group Ltd. now owns 346,881 shares of the basic materials company’s stock worth $343,000 after purchasing an additional 287,028 shares during the period. CIBC Asset Management Inc raised its stake in shares of Eldorado Gold by 180.0% in the third quarter. CIBC Asset Management Inc now owns 1,412,649 shares of the basic materials company’s stock valued at $1,235,000 after acquiring an additional 908,214 shares during the last quarter. Schroder Investment Management Group raised its stake in shares of Eldorado Gold by 22.6% in the second quarter. Schroder Investment Management Group now owns 5,149,397 shares of the basic materials company’s stock valued at $6,093,000 after acquiring an additional 950,413 shares during the last quarter. Bank of Montreal Can raised its stake in shares of Eldorado Gold by 41.7% in the third quarter. Bank of Montreal Can now owns 9,193,521 shares of the basic materials company’s stock valued at $8,119,000 after acquiring an additional 2,705,113 shares during the last quarter. Finally, Renaissance Technologies LLC bought a new position in shares of Eldorado Gold in the second quarter valued at approximately $3,327,000.

A number of research firms have commented on EGO. Zacks Investment Research lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a report on Monday. BMO Capital Markets raised shares of Eldorado Gold from a “market perform” rating to an “outperform” rating and set a $3.81 price target for the company in a report on Friday, February 1st. CIBC cut shares of Eldorado Gold from a “neutral” rating to a “sector underperform” rating in a research report on Thursday, January 31st. Canaccord Genuity reissued a “hold” rating on shares of Eldorado Gold in a research report on Sunday, November 25th. Finally, ValuEngine raised shares of Eldorado Gold from a “sell” rating to a “hold” rating in a research report on Thursday, November 1st. Three analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $2.36.

Shares of EGO stock opened at $4.02 on Tuesday. Eldorado Gold Corp has a 52-week low of $2.52 and a 52-week high of $6.05. The stock has a market capitalization of $638.38 million, a PE ratio of 40.20, a PEG ratio of 5.60 and a beta of 1.67. The company has a current ratio of 6.33, a quick ratio of 4.79 and a debt-to-equity ratio of 0.17.

COPYRIGHT VIOLATION WARNING: This news story was first published by Fairfield Current and is owned by of Fairfield Current. If you are accessing this news story on another website, it was illegally copied and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this news story can be accessed at https://www.fairfieldcurrent.com/news/2019/02/12/eldorado-gold-corp-ego-stake-lessened-by-blackrock-inc.html.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Institutional Ownership by Quarter for Eldorado Gold (NYSE:EGO)

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Eldorado Gold (EGO) Shares Down 6%

Acadian Asset Management LLC acquired a new position in Eldorado Gold in the fourth quarter valued at about $98,000. Finally, CIBC World Markets …

Eldorado Gold logoEldorado Gold Corp (NYSE:EGO) (TSE:ELD)’s share price traded down 6% during trading on Wednesday . The company traded as low as $3.88 and last traded at $3.92. 3,677,249 shares changed hands during trading, an increase of 80% from the average session volume of 2,044,398 shares. The stock had previously closed at $4.17.

A number of equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Eldorado Gold from a “hold” rating to a “buy” rating and set a $4.50 price objective for the company in a research report on Tuesday. TD Securities raised shares of Eldorado Gold from a “reduce” rating to a “hold” rating and increased their price objective for the company from $3.50 to $4.50 in a research note on Wednesday. CIBC cut shares of Eldorado Gold from a “neutral” rating to a “sector underperform” rating in a research note on Thursday, January 31st. BMO Capital Markets raised shares of Eldorado Gold from a “market perform” rating to an “outperform” rating and set a $3.81 price target on the stock in a research note on Friday, February 1st. Finally, National Bank Financial raised shares of Eldorado Gold from a “sector perform” rating to an “outperform” rating in a research report on Friday, February 1st. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company’s stock. Eldorado Gold currently has an average rating of “Hold” and a consensus price target of $2.36.

The company has a quick ratio of 4.79, a current ratio of 6.33 and a debt-to-equity ratio of 0.17. The company has a market cap of $622.50 million, a price-to-earnings ratio of 38.75, a PEG ratio of 5.43 and a beta of 1.67.

Several hedge funds and other institutional investors have recently made changes to their positions in EGO. Brave Asset Management Inc. bought a new stake in Eldorado Gold in the fourth quarter valued at $36,000. Legal & General Group Plc boosted its holdings in Eldorado Gold by 2.5% in the third quarter. Legal & General Group Plc now owns 565,071 shares of the basic materials company’s stock valued at $494,000 after acquiring an additional 13,649 shares during the last quarter. Signition LP acquired a new position in Eldorado Gold in the fourth quarter valued at about $43,000. Acadian Asset Management LLC acquired a new position in Eldorado Gold in the fourth quarter valued at about $98,000. Finally, CIBC World Markets Inc. lifted its stake in Eldorado Gold by 24.6% in the third quarter. CIBC World Markets Inc. now owns 755,430 shares of the basic materials company’s stock valued at $667,000 after buying an additional 149,331 shares during the period.

ILLEGAL ACTIVITY WARNING: This news story was originally reported by Fairfield Current and is the sole property of of Fairfield Current. If you are accessing this news story on another site, it was stolen and reposted in violation of United States & international copyright & trademark law. The legal version of this news story can be viewed at https://www.fairfieldcurrent.com/news/2019/02/08/eldorado-gold-ego-shares-down-6.html.

About Eldorado Gold (NYSE:EGO)

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Eldorado Gold Corp (EGO) Holdings Trimmed by Bridgewater Associates LP

Bridgewater Associates LP cut its position in Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 52.8% in the 3rd quarter, according to its most recent …

Eldorado Gold logoBridgewater Associates LP cut its position in Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 52.8% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 139,433 shares of the basic materials company’s stock after selling 155,665 shares during the quarter. Bridgewater Associates LP’s holdings in Eldorado Gold were worth $122,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of EGO. BNP Paribas Arbitrage SA lifted its position in shares of Eldorado Gold by 165.1% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 512,250 shares of the basic materials company’s stock valued at $509,000 after acquiring an additional 319,046 shares during the period. OppenheimerFunds Inc. lifted its position in shares of Eldorado Gold by 136.0% during the 2nd quarter. OppenheimerFunds Inc. now owns 5,553,511 shares of the basic materials company’s stock valued at $5,517,000 after acquiring an additional 3,200,000 shares during the period. Cubist Systematic Strategies LLC lifted its position in shares of Eldorado Gold by 26.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 420,255 shares of the basic materials company’s stock valued at $418,000 after acquiring an additional 86,696 shares during the period. Russell Investments Group Ltd. lifted its position in shares of Eldorado Gold by 479.6% during the 2nd quarter. Russell Investments Group Ltd. now owns 346,881 shares of the basic materials company’s stock valued at $343,000 after acquiring an additional 287,028 shares during the period. Finally, Commerzbank Aktiengesellschaft FI raised its holdings in Eldorado Gold by 12.9% during the second quarter. Commerzbank Aktiengesellschaft FI now owns 11,891,510 shares of the basic materials company’s stock worth $11,814,000 after buying an additional 1,359,898 shares during the last quarter. Institutional investors own 38.52% of the company’s stock.

Shares of EGO opened at $0.58 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 6.33 and a quick ratio of 4.79. Eldorado Gold Corp has a 1-year low of $0.55 and a 1-year high of $1.47.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last announced its earnings results on Thursday, October 25th. The basic materials company reported ($0.03) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). The company had revenue of $81.07 million during the quarter, compared to analysts’ expectations of $107.21 million. Eldorado Gold had a negative net margin of 35.17% and a negative return on equity of 0.27%. On average, sell-side analysts anticipate that Eldorado Gold Corp will post -0.02 earnings per share for the current fiscal year.

EGO has been the subject of several analyst reports. Canaccord Genuity reiterated a “hold” rating on shares of Eldorado Gold in a report on Sunday, November 25th. ValuEngine upgraded shares of Eldorado Gold from a “sell” rating to a “hold” rating in a report on Thursday, November 1st. TD Securities reduced their price target on shares of Eldorado Gold from $0.80 to $0.70 and set a “reduce” rating for the company in a research report on Monday, October 29th. Zacks Investment Research lowered shares of Eldorado Gold from a “hold” rating to a “strong sell” rating in a research report on Friday, October 26th. Finally, National Bank Financial assumed coverage on shares of Eldorado Gold in a research report on Thursday, October 18th. They set an “outperform” rating for the company. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $1.11.

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Eldorado Gold Company Profile

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Institutional Ownership by Quarter for Eldorado Gold (NYSE:EGO)

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Millennium Management LLC Sells 89353 Shares of Eldorado Gold Corp (NYSE:EGO)

Millennium Management LLC decreased its holdings in Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 4.6% during the 2nd quarter, according to the …

Eldorado Gold logoMillennium Management LLC decreased its holdings in Eldorado Gold Corp (NYSE:EGO) (TSE:ELD) by 4.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,843,683 shares of the basic materials company’s stock after selling 89,353 shares during the quarter. Millennium Management LLC owned approximately 0.23% of Eldorado Gold worth $1,832,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Wells Fargo & Company MN lifted its stake in shares of Eldorado Gold by 8.6% in the 1st quarter. Wells Fargo & Company MN now owns 1,605,645 shares of the basic materials company’s stock worth $1,348,000 after purchasing an additional 127,408 shares during the period. BlackRock Inc. lifted its stake in shares of Eldorado Gold by 1.3% in the 1st quarter. BlackRock Inc. now owns 7,375,118 shares of the basic materials company’s stock worth $6,195,000 after purchasing an additional 93,219 shares during the period. UBS Group AG lifted its stake in shares of Eldorado Gold by 51.3% in the 1st quarter. UBS Group AG now owns 2,183,761 shares of the basic materials company’s stock worth $1,834,000 after purchasing an additional 740,026 shares during the period. Cubist Systematic Strategies LLC bought a new position in shares of Eldorado Gold in the 1st quarter worth approximately $280,000. Finally, Allianz Asset Management GmbH lifted its stake in shares of Eldorado Gold by 5.6% in the 1st quarter. Allianz Asset Management GmbH now owns 5,594,696 shares of the basic materials company’s stock worth $4,687,000 after purchasing an additional 295,811 shares during the period. Hedge funds and other institutional investors own 40.14% of the company’s stock.

NYSE EGO traded down $0.01 on Tuesday, reaching $0.61. 3,483,400 shares of the stock were exchanged, compared to its average volume of 7,173,457. Eldorado Gold Corp has a one year low of $0.60 and a one year high of $1.47. The stock has a market cap of $507.61 million, a price-to-earnings ratio of 30.50 and a beta of 1.58. The company has a current ratio of 6.33, a quick ratio of 4.79 and a debt-to-equity ratio of 0.17.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last released its earnings results on Thursday, October 25th. The basic materials company reported ($0.03) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.01). Eldorado Gold had a negative return on equity of 0.27% and a negative net margin of 35.17%. The firm had revenue of $81.07 million for the quarter, compared to the consensus estimate of $107.21 million. Sell-side analysts forecast that Eldorado Gold Corp will post -0.01 EPS for the current year.

Several brokerages have recently weighed in on EGO. Zacks Investment Research upgraded shares of Eldorado Gold from a “strong sell” rating to a “hold” rating in a research note on Monday. ValuEngine upgraded shares of Eldorado Gold from a “sell” rating to a “hold” rating in a research note on Thursday, November 1st. TD Securities lowered their price objective on shares of Eldorado Gold from $0.80 to $0.70 and set a “reduce” rating on the stock in a research note on Monday, October 29th. Canaccord Genuity restated a “hold” rating on shares of Eldorado Gold in a research note on Monday, October 22nd. Finally, National Bank Financial initiated coverage on shares of Eldorado Gold in a research note on Thursday, October 18th. They set an “outperform” rating on the stock. Four research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. Eldorado Gold has an average rating of “Hold” and a consensus target price of $1.11.

TRADEMARK VIOLATION NOTICE: This piece of content was published by Fairfield Current and is owned by of Fairfield Current. If you are viewing this piece of content on another site, it was stolen and republished in violation of U.S. and international copyright legislation. The legal version of this piece of content can be viewed at https://www.fairfieldcurrent.com/2018/11/20/eldorado-gold-corp-ego-shares-sold-by-millennium-management-llc.html.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the exploration, development, and mining of gold properties in Turkey, Greece, Brazil, Serbia, Canada, and Romania. The company holds 100% interests in the Kisladag and Efemcukuru gold mines in Turkey; Lamaque gold project in Canada; Perama Hill gold-silver project and Sapes in Greece; and Vila Nova iron ore mine and Tocantinzinho gold project in Brazil.

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Institutional Ownership by Quarter for Eldorado Gold (NYSE:EGO)

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