776,048 Shares in Coeur Mining, Inc. (NYSE:CDE) Acquired by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC bought a new position in shares of Coeur Mining, Inc. (NYSE:CDE - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 776,048 shares of the basic materials company's stock, valued at approximately $4,439,000. Segall Bryant & Hamill LLC owned approximately 0.19% of Coeur Mining at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its position in Coeur Mining by 139.8% in the fourth quarter. GAMMA Investing LLC now owns 5,761 shares of the basic materials company's stock worth $33,000 after buying an additional 3,359 shares during the period. FNY Investment Advisers LLC bought a new position in Coeur Mining during the fourth quarter valued at about $57,000. ZEGA Investments LLC acquired a new stake in Coeur Mining during the fourth quarter valued at approximately $64,000. Empowered Funds LLC bought a new stake in shares of Coeur Mining during the 4th quarter worth $66,000. Finally, Generali Investments CEE investicni spolecnost a.s. purchased a new position in Coeur Mining in the 4th quarter worth about $69,000. 63.01% of the stock is owned by hedge funds and other institutional investors.

Coeur Mining Stock Performance

Shares of NYSE CDE traded down $0.36 during trading hours on Tuesday, hitting $5.56. 20,505,925 shares of the company's stock were exchanged, compared to its average volume of 11,079,933. The stock has a market capitalization of $3.55 billion, a price-to-earnings ratio of 46.37 and a beta of 1.51. The company's 50-day moving average price is $6.15 and its 200-day moving average price is $6.38. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.39. Coeur Mining, Inc. has a 1-year low of $4.03 and a 1-year high of $7.72.

Coeur Mining (NYSE:CDE - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.11 earnings per share for the quarter, meeting the consensus estimate of $0.11. Coeur Mining had a return on equity of 6.59% and a net margin of 5.59%. The company had revenue of $305.40 million for the quarter, compared to analyst estimates of $314.32 million. On average, sell-side analysts expect that Coeur Mining, Inc. will post 0.58 earnings per share for the current fiscal year.

Insider Transactions at Coeur Mining

In related news, CFO Thomas S. Whelan acquired 10,000 shares of the company's stock in a transaction dated Wednesday, February 26th. The shares were bought at an average price of $5.25 per share, for a total transaction of $52,500.00. Following the purchase, the chief financial officer now directly owns 668,450 shares in the company, valued at approximately $3,509,362.50. This trade represents a 1.52 % increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.56% of the company's stock.

Analysts Set New Price Targets

Several analysts have issued reports on CDE shares. Roth Mkm cut their target price on shares of Coeur Mining from $8.50 to $8.25 and set a "buy" rating on the stock in a research note on Friday, February 21st. TD Cowen raised shares of Coeur Mining to a "strong-buy" rating in a research report on Tuesday, March 11th. National Bank Financial upgraded shares of Coeur Mining to a "strong-buy" rating in a research report on Friday, March 21st. BMO Capital Markets initiated coverage on shares of Coeur Mining in a report on Tuesday, February 18th. They set an "outperform" rating and a $9.00 price target on the stock. Finally, Cormark upgraded Coeur Mining to a "moderate buy" rating in a report on Thursday, February 20th. One investment analyst has rated the stock with a hold rating, six have given a buy rating and three have given a strong buy rating to the company's stock. According to data from MarketBeat, Coeur Mining currently has an average rating of "Buy" and a consensus price target of $8.05.

About Coeur Mining

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.