Northland Capital Reconfirms a “Speculative Buy” Rating on Premier African Minerals (LON:PREM); Legal & General Group Plc Lowered By $469,872 Its Sm Energy Co (SM) Position

June 5, 2018 - By Vivian Park

Premier African Minerals Limited (LON:PREM) Logo

Premier African Minerals (LON:PREM) stock had its “Speculative Buy” Rating reaffirmed by equity analysts at Northland Capital in a report issued on 5 June.

Legal & General Group Plc decreased Sm Energy Co (SM) stake by 13.52% reported in 2018Q1 SEC filing. Legal & General Group Plc sold 26,104 shares as Sm Energy Co (SM)’s stock rose 20.60%. The Legal & General Group Plc holds 166,981 shares with $3.01 million value, down from 193,085 last quarter. Sm Energy Co now has $2.39 billion valuation. The stock decreased 7.93% or $1.84 during the last trading session, reaching $21.35. About 6.59M shares traded or 87.37% up from the average. SM Energy Company (NYSE:SM) has risen 27.06% since June 5, 2017 and is uptrending. It has outperformed by 14.49% the S&P500.

More news for SM Energy Company (NYSE:SM) were recently published by: 247Wallst.com, which released: “Top Analyst Upgrades and Downgrades: AXA Equitable, Dollar General, Five Below, Macy’s, SM Energy, Trade Desk …” on June 04, 2018. Streetinsider.com‘s article titled: “Credit Suisse Downgrades SM Energy (SM) to Neutral” and published on June 04, 2018 is yet another important article.

Among 28 analysts covering SM Energy (NYSE:SM), 20 have Buy rating, 0 Sell and 8 Hold. Therefore 71% are positive. SM Energy has $59 highest and $14 lowest target. $30’s average target is 40.52% above currents $21.35 stock price. SM Energy had 97 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Williams Capital Group with “Buy” on Friday, August 4. The rating was maintained by Barclays Capital on Thursday, August 4 with “Overweight”. Susquehanna maintained SM Energy Company (NYSE:SM) on Wednesday, January 17 with “Hold” rating. On Tuesday, December 19 the stock rating was reinitiated by Robert W. Baird with “Outperform”. The firm has “Buy” rating by Topeka Capital Markets given on Wednesday, July 29. The stock has “Buy” rating by Stifel Nicolaus on Thursday, December 1. The company was upgraded on Wednesday, August 10 by KeyBanc Capital Markets. The company was maintained on Wednesday, September 20 by Robert W. Baird. RBC Capital Markets maintained SM Energy Company (NYSE:SM) on Wednesday, October 19 with “Sector Perform” rating. The firm has “Buy” rating by Williams Capital Group given on Tuesday, June 6.

Analysts await SM Energy Company (NYSE:SM) to report earnings on August, 2. They expect $-0.10 EPS, up 68.75% or $0.22 from last year’s $-0.32 per share. After $0.07 actual EPS reported by SM Energy Company for the previous quarter, Wall Street now forecasts -242.86% negative EPS growth.

Investors sentiment increased to 1.16 in Q1 2018. Its up 0.12, from 1.04 in 2017Q4. It is positive, as 25 investors sold SM shares while 66 reduced holdings. 32 funds opened positions while 74 raised stakes. 122.88 million shares or 4.51% more from 117.58 million shares in 2017Q4 were reported. State Of New Jersey Common Pension Fund D invested in 30,000 shares or 0% of the stock. Pnc Svcs Group holds 0% of its portfolio in SM Energy Company (NYSE:SM) for 4,728 shares. Atlantic Trust Gp Ltd holds 93,507 shares or 0.01% of its portfolio. Ls Investment Lc invested in 0.01% or 5,306 shares. Oslo Asset As accumulated 1.88M shares. Palisade Capital Lc Nj has 0.47% invested in SM Energy Company (NYSE:SM) for 775,698 shares. Northwestern Mutual Wealth Mgmt Company has 0% invested in SM Energy Company (NYSE:SM). Arrowstreet Cap Partnership reported 0% in SM Energy Company (NYSE:SM). Element Capital Management Ltd Com reported 21,247 shares. Avalon Advisors Ltd Liability Com reported 0.01% in SM Energy Company (NYSE:SM). Mason Street Ltd Liability Corp holds 51,579 shares. Bancshares Of Montreal Can has 113,574 shares for 0% of their portfolio. State Treasurer State Of Michigan owns 37,400 shares. Highland Cap Mngmt LP reported 0.01% of its portfolio in SM Energy Company (NYSE:SM). Vr Advisory Services Limited stated it has 575,000 shares or 5.44% of all its holdings.

Legal & General Group Plc increased Blackbaud Inc (NASDAQ:BLKB) stake by 6,473 shares to 50,282 valued at $5.12M in 2018Q1. It also upped Ishares Tr (IJR) stake by 48,974 shares and now owns 126,594 shares. Camden Ppty Tr (NYSE:CPT) was raised too.

Premier African Minerals Limited, together with its subsidiaries, engages in the mining, exploration, evaluation, development, and investment of natural resource properties on the African continent. The company has market cap of 10.85 million GBP. The firm explores for tungsten, lithium, tantalum, fluorspar, phosphate, nickel, limestone, specialty minerals, and rare earth metals. It currently has negative earnings. The Company’s flagship project is the RHA Tungsten Mine located in Zimbabwe.

SM Energy Company (NYSE:SM) Institutional Positions Chart

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