Public Employees Retirement System of Ohio Buys Shares of 35,148 Gold.com Inc. $GOLD

Public Employees Retirement System of Ohio purchased a new position in Gold.com Inc. (NYSE:GOLD - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 35,148 shares of the company's stock, valued at approximately $1,463,000. Public Employees Retirement System of Ohio owned 0.12% of Gold.com at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Globeflex Capital L P bought a new position in Gold.com during the second quarter valued at $2,783,000. Bank of New York Mellon Corp bought a new stake in shares of Gold.com in the second quarter valued at $7,143,000. Bank of America Corp DE lifted its position in shares of Gold.com by 116.8% during the 1st quarter. Bank of America Corp DE now owns 60,575 shares of the company's stock valued at $2,428,000 after buying an additional 32,637 shares during the last quarter. California State Teachers Retirement System lifted its position in shares of Gold.com by 69.2% during the 1st quarter. California State Teachers Retirement System now owns 29,031 shares of the company's stock valued at $1,164,000 after buying an additional 11,871 shares during the last quarter. Finally, Empowered Funds LLC grew its stake in shares of Gold.com by 42.5% during the 1st quarter. Empowered Funds LLC now owns 277,029 shares of the company's stock worth $11,103,000 after acquiring an additional 82,637 shares during the period. Hedge funds and other institutional investors own 62.85% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the company. Northland Securities set a $55.00 price objective on Gold.com in a report on Thursday. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Gold.com in a report on Monday, August 17th. Zacks Research lowered shares of Gold.com from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, July 1st. DA Davidson reiterated a "buy" rating and issued a $60.00 target price on shares of Gold.com in a research note on Thursday, September 3rd. Finally, Canaccord Genuity Group lowered their price target on shares of Gold.com from $70.00 to $65.00 and set a "buy" rating on the stock in a research report on Thursday. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, Gold.com presently has a consensus rating of "Moderate Buy" and a consensus target price of $58.00.

Gold.com Trading Up 0.1%

NYSE:GOLD opened at $46.19 on Tuesday. Gold.com Inc. has a 1 year low of $22.00 and a 1 year high of $66.70. The stock's fifty day moving average price is $42.62 and its two-hundred day moving average price is $44.34. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.18 and a quick ratio of 0.29. The company has a market cap of $1.34 billion, a P/E ratio of 15.82 and a beta of 0.56.

Gold.com (NYSE:GOLD - Get Free Report) last announced its quarterly earnings results on Wednesday, September 2nd. The company reported $0.41 earnings per share for the quarter, missing the consensus estimate of $0.96 by ($0.55). Gold.com had a net margin of 0.32% and a return on equity of 18.15%. The company had revenue of $5.01 billion during the quarter, compared to analysts' expectations of $5.67 billion. During the same quarter last year, the firm posted $0.41 earnings per share. As a group, analysts expect that Gold.com Inc. will post 3.73 EPS for the current year.

Gold.com Announces Dividend

The business also recently announced a special dividend, which will be paid on Monday, September 28th. Shareholders of record on Wednesday, September 16th will be issued a dividend of $0.20 per share. The ex-dividend date of this dividend is Wednesday, September 16th. Gold.com's payout ratio is presently 27.40%.

Gold.com Company Profile

Gold.com, Inc, together with its subsidiaries, operates as a precious metals company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers complementary services, such as receiving, handling, inventorying, processing, packing, and shipping of precious metals and custom coins on a secure basis; and designs and produces minted silver products.

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