Southern Copper Corp (SCCO) Position Has Upped by Oakmont Corp

Southern Copper Corporation (NYSE:SCCO) LogoInvestors sentiment increased to 1.24 in 2018 Q2. Its up 0.14, from 1.1 in 2018Q1. It is positive, as 36 investors sold SCCO shares while 63 reduced holdings. 39 funds opened positions while 84 raised stakes. 54.24 million shares or 1.42% more from 53.48 million shares in 2018Q1 were reported. Checchi Cap Advisers Limited Liability reported 0.03% in Southern Copper Corporation (NYSE:SCCO). Bank & Trust Of Montreal Can accumulated 0% or 98,905 shares. Washington-based Parametric Associates Limited Liability Corp has invested 0.01% in Southern Copper Corporation (NYSE:SCCO). Mufg Americas Holding accumulated 1,010 shares or 0% of the stock. 19,471 were accumulated by Tudor Investment Corp Et Al. Price T Rowe Associates Inc Md holds 0.03% of its portfolio in Southern Copper Corporation (NYSE:SCCO) for 3.95M shares. Hansberger Growth Invsts Ltd Partnership reported 43,984 shares. Cambridge Inv Advsr stated it has 18,758 shares. Cibc Asset Mngmt Inc invested in 0.01% or 33,580 shares. Personal Capital Advsr invested 0.5% of its portfolio in Southern Copper Corporation (NYSE:SCCO). Moreover, Lpl Fincl Lc has 0% invested in Southern Copper Corporation (NYSE:SCCO). Natl Bank Of Nova Scotia invested 0.07% in Southern Copper Corporation (NYSE:SCCO). 10,160 were accumulated by Neuberger Berman Gru Lc. Fmr Ltd Company holds 8,424 shares or 0% of its portfolio. Goldman Sachs Gru reported 0.01% stake.

Oakmont Corp increased its stake in Southern Copper Corp (SCCO) by 259.66% based on its latest 2018Q2 regulatory filing with the SEC. Oakmont Corp bought 576,450 shares as the company’s stock declined 18.61% while stock markets rallied. The institutional investor held 798,450 shares of the precious metals company at the end of 2018Q2, valued at $37.42 million, up from 222,000 at the end of the previous reported quarter. Oakmont Corp who had been investing in Southern Copper Corp for a number of months, seems to be bullish on the $25.36 billion market cap company. The stock decreased 2.64% or $0.89 during the last trading session, reaching $32.81. About 975,649 shares traded. Southern Copper Corporation (NYSE:SCCO) has risen 2.78% since December 6, 2017 and is uptrending. It has underperformed by 12.84% the S&P500.

More notable recent Southern Copper Corporation (NYSE:SCCO) news were published by: Benzinga.com which released: “10 Biggest Price Target Changes For Monday – Benzinga” on November 12, 2018, also Mining.com with their article: “Peru’s gold, silver, copper output falls – MINING.com” published on December 01, 2018, Fool.com published: “Why Southern Copper, Cleveland-Cliffs, and Denbury Resources Slumped Today – The Motley Fool” on November 23, 2018. More interesting news about Southern Copper Corporation (NYSE:SCCO) were released by: Seekingalpha.com and their article: “Is Copper Preparing For A Higher High? – Seeking Alpha” published on April 26, 2018 as well as Benzinga.com‘s news article titled: “Benzinga’s Top Upgrades, Downgrades For November 12, 2018 – Benzinga” with publication date: November 12, 2018.

Southern Copper Corporation (NYSE:SCCO) Ratings Coverage

Among 5 analysts covering Southern Copper (NYSE:SCCO), 1 have Buy rating, 2 Sell and 2 Hold. Therefore 20% are positive. Southern Copper had 5 analyst reports since September 19, 2018 according to SRatingsIntel. The rating was maintained by FBR Capital with “Neutral” on Wednesday, September 19. The stock of Southern Copper Corporation (NYSE:SCCO) has “Neutral” rating given on Wednesday, November 21 by Bradesco. The firm has “Sell” rating by Citigroup given on Monday, November 12. On Monday, November 26 the stock rating was downgraded by HSBC to “Reduce”. The rating was upgraded by UBS to “Buy” on Friday, November 2.

Southern Copper Corporation (NYSE:SCCO) Institutional Positions Chart

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