Arrowstreet Capital Limited Partnership Has $5.45 Million Position in Taseko Mines Limited (NYSE:TGB)

Arrowstreet Capital Limited Partnership boosted its position in shares of Taseko Mines Limited (NYSE:TGB - Free Report) by 16.5% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,802,466 shares of the company's stock after buying an additional 396,883 shares during the period. Arrowstreet Capital Limited Partnership owned approximately 0.92% of Taseko Mines worth $5,449,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in TGB. Tidal Investments LLC boosted its stake in Taseko Mines by 82.3% in the third quarter. Tidal Investments LLC now owns 13,693,081 shares of the company's stock valued at $34,507,000 after buying an additional 6,182,981 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Taseko Mines by 52.9% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 9,301,466 shares of the company's stock worth $18,095,000 after acquiring an additional 3,217,385 shares during the last quarter. Anthracite Investment Company Inc. boosted its stake in shares of Taseko Mines by 5.1% in the 4th quarter. Anthracite Investment Company Inc. now owns 1,659,460 shares of the company's stock valued at $3,219,000 after purchasing an additional 80,000 shares in the last quarter. American Century Companies Inc. grew its holdings in shares of Taseko Mines by 16.8% during the 4th quarter. American Century Companies Inc. now owns 822,551 shares of the company's stock valued at $1,602,000 after purchasing an additional 118,597 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Taseko Mines during the 4th quarter valued at approximately $1,070,000. 17.94% of the stock is currently owned by institutional investors and hedge funds.

Taseko Mines Trading Up 4.8 %

Shares of TGB stock traded up $0.09 during mid-day trading on Friday, reaching $1.98. 24,738,696 shares of the stock traded hands, compared to its average volume of 5,118,771. The stock's fifty day simple moving average is $2.14 and its two-hundred day simple moving average is $2.15. Taseko Mines Limited has a 1-year low of $1.67 and a 1-year high of $3.15. The company has a quick ratio of 1.05, a current ratio of 1.71 and a debt-to-equity ratio of 1.48. The company has a market cap of $615.04 million, a price-to-earnings ratio of -66.00 and a beta of 1.48.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Taseko Mines from a "sell" rating to a "hold" rating in a research note on Friday.

Taseko Mines Company Profile

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company's principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.