Coeur Mining, Inc. $CDE Shares Sold by Lbp Am Sa

Lbp Am Sa decreased its position in Coeur Mining, Inc. (NYSE:CDE) by 50.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,575 shares of the basic materials company’s stock after selling 45,009 shares during the period. Lbp Am Sa’s holdings in Coeur Mining were worth $817,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CDE. Teacher Retirement System of Texas increased its holdings in shares of Coeur Mining by 12.2% in the third quarter. Teacher Retirement System of Texas now owns 158,135 shares of the basic materials company’s stock valued at $2,967,000 after purchasing an additional 17,240 shares during the period. Strs Ohio lifted its holdings in shares of Coeur Mining by 30.8% during the third quarter. Strs Ohio now owns 86,700 shares of the basic materials company’s stock worth $1,626,000 after purchasing an additional 20,400 shares during the period. Covestor Ltd boosted its position in Coeur Mining by 7,011.5% in the third quarter. Covestor Ltd now owns 1,849 shares of the basic materials company’s stock valued at $35,000 after buying an additional 1,823 shares during the last quarter. Huntleigh Advisors Inc. boosted its position in Coeur Mining by 18.2% in the third quarter. Huntleigh Advisors Inc. now owns 13,000 shares of the basic materials company’s stock valued at $244,000 after buying an additional 2,000 shares during the last quarter. Finally, Forvis Mazars Wealth Advisors LLC increased its holdings in Coeur Mining by 17.2% in the 3rd quarter. Forvis Mazars Wealth Advisors LLC now owns 20,664 shares of the basic materials company’s stock worth $388,000 after buying an additional 3,040 shares during the period. Institutional investors and hedge funds own 63.01% of the company’s stock.

Coeur Mining Stock Performance

Shares of NYSE CDE opened at $25.66 on Thursday. The company has a market capitalization of $16.48 billion, a PE ratio of 38.88 and a beta of 1.24. The company has a debt-to-equity ratio of 0.11, a quick ratio of 1.10 and a current ratio of 2.00. The company’s fifty day moving average price is $18.86 and its 200 day moving average price is $16.14. Coeur Mining, Inc. has a 1 year low of $4.58 and a 1 year high of $27.77.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Wednesday, October 29th. The basic materials company reported $0.23 earnings per share for the quarter, missing analysts’ consensus estimates of $0.25 by ($0.02). Coeur Mining had a return on equity of 15.52% and a net margin of 24.03%.The firm had revenue of $554.57 million during the quarter, compared to analyst estimates of $511.20 million. During the same quarter last year, the company posted $0.12 EPS. The company’s revenue was up 76.9% on a year-over-year basis. On average, research analysts predict that Coeur Mining, Inc. will post 0.58 earnings per share for the current year.

Wall Street Analyst Weigh In

CDE has been the subject of several research reports. TD Securities lifted their price objective on shares of Coeur Mining from $23.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, November 11th. Cantor Fitzgerald cut shares of Coeur Mining from an “overweight” rating to a “hold” rating and set a $16.00 target price for the company. in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Coeur Mining in a report on Monday, December 29th. TD Cowen raised Coeur Mining to a “strong-buy” rating in a research report on Monday, December 1st. Finally, Wall Street Zen raised Coeur Mining from a “hold” rating to a “buy” rating in a report on Sunday, December 21st. Three equities research analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, Coeur Mining presently has an average rating of “Buy” and an average target price of $18.17.

Coeur Mining Company Profile

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.