TD Asset Management Inc. reduced its position in shares of Pretium Resources, Inc. (NYSE:PVG) (TSE:PVG) by 1.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 743,722 shares of the basic materials company’s stock after selling 9,100 shares during the quarter. TD Asset Management Inc. owned 0.41% of Pretium Resources worth $6,868,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new position in shares of Pretium Resources in the first quarter worth $108,000. Legal & General Group Plc increased its stake in shares of Pretium Resources by 30.0% in the first quarter. Legal & General Group Plc now owns 22,100 shares of the basic materials company’s stock worth $236,000 after acquiring an additional 5,100 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Pretium Resources by 5.3% in the first quarter. Vanguard Group Inc. now owns 2,802,494 shares of the basic materials company’s stock worth $30,015,000 after acquiring an additional 140,724 shares during the last quarter. Morgan Stanley increased its stake in shares of Pretium Resources by 23.9% in the first quarter. Morgan Stanley now owns 131,772 shares of the basic materials company’s stock worth $1,411,000 after acquiring an additional 25,401 shares during the last quarter. Finally, Renaissance Technologies LLC increased its stake in shares of Pretium Resources by 459.4% in the first quarter. Renaissance Technologies LLC now owns 104,600 shares of the basic materials company’s stock worth $1,123,000 after acquiring an additional 85,900 shares during the last quarter. 49.12% of the stock is currently owned by institutional investors.

A number of research firms have recently weighed in on PVG. CIBC raised shares of Pretium Resources from a “neutral” rating to an “outperform” rating in a research note on Thursday, October 12th. UBS raised shares of Pretium Resources from a “market perform” rating to an “outperform” rating in a research note on Thursday, October 12th. HC Wainwright reaffirmed a “buy” rating and issued a $16.50 price target on shares of Pretium Resources in a research note on Thursday, October 12th. Zacks Investment Research raised shares of Pretium Resources from a “strong sell” rating to a “hold” rating and set a $13.00 price target on the stock in a research note on Tuesday, October 17th. Finally, Roth Capital set a $17.00 price target on shares of Pretium Resources and gave the stock a “buy” rating in a research note on Monday, November 13th. Three analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Pretium Resources has an average rating of “Buy” and a consensus target price of $15.36.

Shares of Pretium Resources, Inc. (NYSE PVG) traded down $0.30 during trading hours on Tuesday, reaching $10.44. 915,100 shares of the company were exchanged, compared to its average volume of 2,111,997. Pretium Resources, Inc. has a 12-month low of $6.82 and a 12-month high of $12.53. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.08 and a quick ratio of 0.74.

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Pretium Resources Company Profile

Pretium Resources Inc is a Canada-based exploration and development company. The Company is engaged in the acquisition, exploration and development of precious metal resource properties in the Americas. The Company’s projects include Brucejack Project and the Snowfield Project, both of which are located in northwestern British Columbia.

Institutional Ownership by Quarter for Pretium Resources (NYSE:PVG)

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