12 August, 2017
As of quarter end Citigroup Inc had sold 6,300 shares trimming its position 4.4%. (NYSE:CDE) by 32.5% during the second quarter, according to its most recent Form 13F filing with the SEC. (PE) has a market cap of $7.76 billion and over the last 12 months, Parsley Energy, Inc. LLC owned about 1.20% of Coeur Mining worth $18,642,000 as of its most recent SEC filing.
Want to see what other hedge funds are holding CDE? Finally, Dimensional Fund Advisors LP raised its stake in shares of Coeur Mining by 19.2% in the first quarter. GMT Capital Corp now owns 11,747,789 shares of the basic materials company's stock valued at $94,922,000 after buying an additional 3,792,700 shares during the last quarter. AQR Capital Management LLC now owns 654,404 shares of the basic materials company's stock valued at $5,949,000 after buying an additional 327,980 shares during the last quarter. Metropolitan Life Insurance Co Ny accumulated 0.01% or 122,192 shares. Zacks Investment Research raised shares of Coeur Mining from a "sell" rating to a "hold" rating in a research report on Friday, April 14th. Legal & General Group Plc now owns 76,038 shares of the basic materials company's stock worth $610,000 after buying an additional 17,755 shares during the period.
In terms of Buy, Sell or Hold recommendations, Coeur Mining Inc (NYSE:CDE) has analysts' mean recommendation of 2.3. Institutional investors own 68.07% of the company's stock. CDE's value Change from Open was at -1.53% with a Gap of 1.68%. Coeur Mining, Inc. The firm's 50 day moving average price is $8.37 and its 200 day moving average price is $9.04.
Coeur Mining, Inc. (NYSE:CDE) has a Price to Book ratio of 1.843660.
Insider Trading Activity for Coeur Mining, Inc. The value of the company's investment in Coeur Mining, Inc. decreased from $10,383,000 to $2,574,000 a change of 75.2% since the last quarter. The basic materials company reported ($0.01) EPS for the quarter, hitting the consensus estimate of ($0.01). For the current year the company's revenue estimates are $781.25 Million compared to low analyst estimates of $747.5 Million and high estimates of $805 Million according to the prediction of 8 analysts. Coeur Mining had a net margin of 9.65% and a return on equity of 10.44%. Coeur Mining's revenue for the quarter was down 4.7% on a year-over-year basis. Next quarter's EPS is forecasted at $0.07 with next year's EPS anticipated to be $0.46. Florida-based State Board Of Administration Of Florida Retirement has invested 0% in Coeur Mining Inc (NYSE:CDE).
COPYRIGHT VIOLATION NOTICE: This piece was originally posted by Markets Daily and is the property of of Markets Daily. If you are reading this article on another domain, it was stolen and republished in violation of United States and worldwide copyright and trademark law. The correct version of this piece can be accessed at https://www.com-unik.info/2017/08/09/global-x-management-co-llc-buys-532908-shares-of-coeur-mining-inc-cde.html. Zacks Investment Research upgraded shares of Coeur Mining from a "sell" rating to a "hold" rating in a research note on Thursday, May 11th. The mean target of $11.00 should be compared with the price when the stock was languishing around $7.30 a share. Royal Bank Of Canada restated a "buy" rating and set a $14.00 price target on shares of Coeur Mining in a research note on Wednesday, May 24th. Noble Financial reaffirmed a "hold" rating on shares of Coeur Mining in a research note on Friday, July 28th. For now, CDE is the toast of Wall Street as its ABR stands at 2.30 with 0 out of 8 analysts rating the stock a buy.
Coeur Mining Incorporated (NYSE:CDE) had a decrease of 11.57% in short interest. Shares for $87,200 were sold by Mitchell Peter C. The shares were sold at an average price of $8.19, for a total value of $81,900.00.
Consequently Coeur Mining Inc (NYSE:CDE)'s weekly and monthly volatility is 3.14%, 3.84% respectively.