Agnico Eagle Mines Limited (NYSE:AEM) Shares Purchased by Aviva PLC

Aviva PLC grew its holdings in Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM by 155.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 301,844 shares of the mining company's stock after buying an additional 183,788 shares during the period. Aviva PLC owned 0.06% of Agnico Eagle Mines worth $23,567,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Versant Capital Management Inc purchased a new position in Agnico Eagle Mines in the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC lifted its position in Agnico Eagle Mines by 859.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 355 shares of the mining company's stock worth $28,000 after buying an additional 318 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Agnico Eagle Mines during the fourth quarter worth approximately $29,000. Fifth Third Bancorp boosted its stake in Agnico Eagle Mines by 176.9% during the fourth quarter. Fifth Third Bancorp now owns 407 shares of the mining company's stock worth $32,000 after buying an additional 260 shares during the last quarter. Finally, Duncker Streett & Co. Inc. grew its holdings in Agnico Eagle Mines by 37.3% in the 4th quarter. Duncker Streett & Co. Inc. now owns 412 shares of the mining company's stock valued at $32,000 after buying an additional 112 shares in the last quarter. 68.34% of the stock is currently owned by institutional investors and hedge funds.

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Agnico Eagle Mines Trading Up 5.5 %

NYSE AEM traded up $6.12 during trading on Friday, hitting $117.67. The stock had a trading volume of 4,434,271 shares, compared to its average volume of 2,422,895. The company has a quick ratio of 0.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.06. The company has a market capitalization of $59.19 billion, a PE ratio of 31.13, a PEG ratio of 0.66 and a beta of 0.87. The firm has a 50 day moving average price of $101.19 and a 200 day moving average price of $89.55. Agnico Eagle Mines Limited has a twelve month low of $60.15 and a twelve month high of $118.58.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last announced its earnings results on Thursday, February 13th. The mining company reported $1.26 earnings per share for the quarter, missing the consensus estimate of $1.70 by ($0.44). Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%. As a group, equities research analysts forecast that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current year.

Agnico Eagle Mines Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Friday, February 28th were paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.36%. The ex-dividend date of this dividend was Friday, February 28th. Agnico Eagle Mines's payout ratio is currently 42.33%.

Wall Street Analyst Weigh In

Several research analysts have recently commented on AEM shares. Raymond James lifted their price target on Agnico Eagle Mines from $105.00 to $130.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. Royal Bank of Canada boosted their target price on shares of Agnico Eagle Mines from $110.00 to $115.00 and gave the company an "outperform" rating in a report on Friday, April 4th. StockNews.com cut shares of Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, February 25th. Bank of America lifted their price target on shares of Agnico Eagle Mines from $119.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday. Finally, Citigroup increased their price objective on Agnico Eagle Mines from $100.00 to $140.00 and gave the stock a "buy" rating in a research report on Monday, March 31st. Two investment analysts have rated the stock with a hold rating, eight have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $111.90.

Agnico Eagle Mines Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.