$0.00 EPS Expected for Canon (ADR) (CAJ); Vertex One Asset Management Has Lowered Royal Gold (RGLD) Holding

July 10, 2017 - By wolcottdaily

Analysts expect Canon Inc (ADR) (NYSE:CAJ) to report $0.00 EPS on July, 25. The stock decreased 2.82% or $0.94 on July 7, reaching $32.38. About shares traded. Canon Inc (ADR) (NYSE:CAJ) has risen 21.99% since July 10, 2016 and is uptrending. It has outperformed by 5.29% the S&P500.

Vertex One Asset Management Inc decreased Royal Gold Inc (RGLD) stake by 58.53% reported in 2016Q4 SEC filing. Vertex One Asset Management Inc sold 43,253 shares as Royal Gold Inc (RGLD)’s stock rose 12.65%. The Vertex One Asset Management Inc holds 30,647 shares with $1.94 million value, down from 73,900 last quarter. Royal Gold Inc now has $5.02 billion valuation. The stock decreased 0.35% or $0.27 on July 7, reaching $77.06. About shares traded. Royal Gold, Inc (USA) (NASDAQ:RGLD) has risen 42.70% since July 10, 2016 and is uptrending. It has outperformed by 26.00% the S&P500.

Canon Inc. is a manufacturer of office multifunction devices (MFDs), plain paper copying machines, laser printers, inkjet printers, cameras and lithography equipment. The company has market cap of $41.57 billion. Canon sells its products principally under the Canon brand name and through sales subsidiaries. It has a 22.66 P/E ratio. Each of these subsidiaries is responsible for marketing and distribution to retail dealers in an assigned territory.

Among 3 analysts covering Canon (NYSE:CAJ), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Canon had 5 analyst reports since November 20, 2015 according to SRatingsIntel. CLSA downgraded the stock to “Underperform” rating in Friday, July 15 report. The rating was downgraded by Macquarie Research on Friday, November 20 to “Neutral”. The company was downgraded on Wednesday, October 26 by JP Morgan. JP Morgan downgraded the stock to “Neutral” rating in Thursday, January 7 report. The stock has “Outperform” rating by CLSA on Friday, November 25.

Since January 23, 2017, it had 1 insider purchase, and 10 sales for $3.48 million activity. 2,500 shares were sold by WENGER STEFAN, worth $200,000 on Wednesday, May 17. Veenman Sybil E bought $62,760 worth of stock or 1,000 shares. 10,067 shares were sold by Heissenbuttel William Holmes, worth $636,838. $158,940 worth of Royal Gold, Inc (USA) (NASDAQ:RGLD) shares were sold by Bogden Gordon. JENSEN TONY A also sold $2.00 million worth of Royal Gold, Inc (USA) (NASDAQ:RGLD) on Wednesday, May 17.

Investors sentiment increased to 1.21 in Q4 2016. Its up 0.21, from 1 in 2016Q3. It is positive, as 29 investors sold RGLD shares while 77 reduced holdings. 41 funds opened positions while 87 raised stakes. 44.46 million shares or 0.72% more from 44.14 million shares in 2016Q3 were reported. Bard Inc holds 18,383 shares or 0.54% of its portfolio. Moreover, Cantab Cap Prtn Limited Liability Partnership has 0% invested in Royal Gold, Inc (USA) (NASDAQ:RGLD). Sprott holds 0.3% or 56,076 shares. Dimensional Fund Advsrs Lp has invested 0.03% of its portfolio in Royal Gold, Inc (USA) (NASDAQ:RGLD). Oakbrook Limited Liability Com reported 5,450 shares. America First Investment Ltd Co holds 3.59% or 139,291 shares. Nomura has 3,770 shares for 0% of their portfolio. Capstone Asset Co holds 0.02% in Royal Gold, Inc (USA) (NASDAQ:RGLD) or 10,196 shares. 1832 Asset LP stated it has 89,400 shares. Dynamic Cap Mngmt Ltd holds 0.13% of its portfolio in Royal Gold, Inc (USA) (NASDAQ:RGLD) for 18,803 shares. Horizon Kinetics Ltd Liability Corporation holds 398,717 shares or 0.82% of its portfolio. Advantus Capital Mgmt Inc invested in 8,117 shares. De Burlo accumulated 3,600 shares. Aqr Capital Mngmt Limited holds 20,478 shares. Gideon Cap Advsr Incorporated, New York-based fund reported 7,030 shares.

Among 11 analysts covering Royal Gold Inc. (NASDAQ:RGLD), 8 have Buy rating, 0 Sell and 3 Hold. Therefore 73% are positive. Royal Gold Inc. had 31 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Royal Gold, Inc (USA) (NASDAQ:RGLD) earned “Buy” rating by BMO Capital Markets on Wednesday, June 28. The rating was reinitiated by Goldman Sachs with “Neutral” on Friday, November 11. Goldman Sachs downgraded Royal Gold, Inc (USA) (NASDAQ:RGLD) on Tuesday, September 8 to “Neutral” rating. The company was upgraded on Thursday, August 6 by Canaccord Genuity. The rating was upgraded by Raymond James to “Outperform” on Wednesday, July 6. The stock has “Mkt Perform” rating by FBR Capital on Tuesday, May 3. BMO Capital Markets initiated the stock with “Outperform” rating in Monday, September 14 report. The company was downgraded on Thursday, January 28 by FBR Capital. The rating was maintained by FBR Capital with “Mkt Perform” on Friday, August 12. The rating was initiated by Gabelli on Friday, December 11 with “Buy”.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.