Crossmark Global Holdings Inc. Sells 14,376 Shares of Agnico Eagle Mines Limited (NYSE:AEM)

Crossmark Global Holdings Inc. cut its holdings in Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM by 35.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,554 shares of the mining company's stock after selling 14,376 shares during the period. Crossmark Global Holdings Inc.'s holdings in Agnico Eagle Mines were worth $2,139,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Sapient Capital LLC boosted its stake in Agnico Eagle Mines by 1.3% during the third quarter. Sapient Capital LLC now owns 11,001 shares of the mining company's stock worth $886,000 after acquiring an additional 145 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors lifted its position in Agnico Eagle Mines by 2.2% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 7,217 shares of the mining company's stock valued at $472,000 after purchasing an additional 158 shares during the period. Azzad Asset Management Inc. ADV grew its holdings in Agnico Eagle Mines by 0.3% during the second quarter. Azzad Asset Management Inc. ADV now owns 61,820 shares of the mining company's stock valued at $4,043,000 after purchasing an additional 189 shares during the period. Lombard Odier Asset Management Europe Ltd lifted its holdings in Agnico Eagle Mines by 0.4% in the 2nd quarter. Lombard Odier Asset Management Europe Ltd now owns 49,651 shares of the mining company's stock worth $3,248,000 after purchasing an additional 190 shares in the last quarter. Finally, Baader Bank Aktiengesellschaft grew its position in Agnico Eagle Mines by 4.8% in the second quarter. Baader Bank Aktiengesellschaft now owns 4,192 shares of the mining company's stock worth $269,000 after acquiring an additional 192 shares in the last quarter. Institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines Stock Down 1.5 %

Shares of NYSE:AEM traded down $1.16 during trading on Wednesday, reaching $75.99. 2,262,011 shares of the stock were exchanged, compared to its average volume of 2,671,937. The firm has a market cap of $38.13 billion, a price-to-earnings ratio of 38.00, a price-to-earnings-growth ratio of 0.67 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 0.83. The stock has a fifty day moving average of $82.50 and a two-hundred day moving average of $75.24. Agnico Eagle Mines Limited has a 1-year low of $44.37 and a 1-year high of $89.00.

Wall Street Analysts Forecast Growth

AEM has been the topic of several analyst reports. Jefferies Financial Group lifted their price target on shares of Agnico Eagle Mines from $68.00 to $85.00 and gave the stock a "hold" rating in a report on Friday, October 4th. Royal Bank of Canada boosted their price objective on shares of Agnico Eagle Mines from $80.00 to $87.00 and gave the stock an "outperform" rating in a research report on Tuesday, September 10th. Scotiabank boosted their price target on Agnico Eagle Mines from $81.00 to $94.00 and gave the stock a "sector outperform" rating in a research note on Monday, August 19th. TD Securities lifted their target price on shares of Agnico Eagle Mines from $90.00 to $91.00 and gave the stock a "buy" rating in a research note on Friday, August 2nd. Finally, UBS Group began coverage on Agnico Eagle Mines in a research report on Tuesday, September 17th. They issued a "buy" rating and a $95.00 price objective on the stock. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, Agnico Eagle Mines has an average rating of "Moderate Buy" and an average target price of $86.78.

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.