Amundi Decreases Stock Holdings in Coeur Mining, Inc. (NYSE:CDE)

Amundi trimmed its holdings in Coeur Mining, Inc. (NYSE:CDE - Free Report) by 9.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,366,664 shares of the basic materials company's stock after selling 144,591 shares during the period. Amundi owned about 0.34% of Coeur Mining worth $7,817,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in CDE. JPMorgan Chase & Co. boosted its position in shares of Coeur Mining by 88.3% during the third quarter. JPMorgan Chase & Co. now owns 1,418,716 shares of the basic materials company's stock worth $9,761,000 after acquiring an additional 665,452 shares during the last quarter. Raymond James Financial Inc. bought a new position in shares of Coeur Mining during the 4th quarter valued at about $3,738,000. Barclays PLC boosted its holdings in shares of Coeur Mining by 59.2% during the 3rd quarter. Barclays PLC now owns 962,652 shares of the basic materials company's stock valued at $6,624,000 after purchasing an additional 358,097 shares during the last quarter. Jackson Creek Investment Advisors LLC purchased a new position in shares of Coeur Mining during the fourth quarter valued at about $1,378,000. Finally, BNP Paribas Financial Markets increased its holdings in shares of Coeur Mining by 180.7% in the third quarter. BNP Paribas Financial Markets now owns 310,577 shares of the basic materials company's stock worth $2,137,000 after purchasing an additional 199,919 shares during the last quarter. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

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Insider Activity at Coeur Mining

In other news, CFO Thomas S. Whelan acquired 10,000 shares of the firm's stock in a transaction that occurred on Wednesday, February 26th. The stock was purchased at an average cost of $5.25 per share, for a total transaction of $52,500.00. Following the completion of the acquisition, the chief financial officer now directly owns 668,450 shares of the company's stock, valued at $3,509,362.50. The trade was a 1.52 % increase in their position. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.56% of the stock is owned by company insiders.

Coeur Mining Trading Up 1.8 %

Shares of NYSE:CDE traded up $0.11 on Friday, hitting $6.05. 15,698,714 shares of the company's stock were exchanged, compared to its average volume of 10,273,663. The stock has a market capitalization of $3.86 billion, a price-to-earnings ratio of 50.38 and a beta of 1.51. Coeur Mining, Inc. has a 12 month low of $2.98 and a 12 month high of $7.72. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.83 and a quick ratio of 0.39. The business's 50 day simple moving average is $6.16 and its two-hundred day simple moving average is $6.34.

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Roth Mkm dropped their price target on Coeur Mining from $8.50 to $8.25 and set a "buy" rating for the company in a research note on Friday, February 21st. TD Cowen raised Coeur Mining to a "strong-buy" rating in a research note on Tuesday, March 11th. TD Securities began coverage on Coeur Mining in a report on Tuesday, March 11th. They issued a "buy" rating and a $7.00 target price for the company. Raymond James upgraded Coeur Mining from a "market perform" rating to an "outperform" rating and decreased their price target for the company from $8.75 to $8.25 in a report on Friday, February 21st. Finally, BMO Capital Markets started coverage on shares of Coeur Mining in a research note on Tuesday, February 18th. They set an "outperform" rating and a $9.00 price objective for the company. One investment analyst has rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $8.05.

Coeur Mining Company Profile

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.