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Robeco sold shares of Newmont, but the company reported strong earnings of $1.25 per share, exceeding expectations.
Robeco Institutional Asset Management sold 90,830 shares of Newmont Corporation, reducing its stake.
Despite this, several other institutional investors increased their holdings.
Newmont reported strong earnings of $1.25 per share, surpassing estimates, and analysts expect the company to post $3.45 earnings per share for the year.
The stock, which opened at $58.24, has a 50-day moving average of $54.24 and a price-to-earnings ratio of 13.06.
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Robeco vendió acciones de Newmont, pero la compañía reportó ganancias fuertes de $1.25 por acción, superando las expectativas.