Coeur Mining, Inc. (NYSE:CDE) Shares Purchased by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. raised its stake in shares of Coeur Mining, Inc. (NYSE:CDE - Free Report) by 205.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,116 shares of the basic materials company's stock after purchasing an additional 115,753 shares during the quarter. Landscape Capital Management L.L.C.'s holdings in Coeur Mining were worth $985,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in Coeur Mining by 8.5% during the 4th quarter. Vanguard Group Inc. now owns 40,700,218 shares of the basic materials company's stock worth $232,805,000 after buying an additional 3,178,785 shares during the last quarter. Geode Capital Management LLC raised its position in Coeur Mining by 1.0% during the third quarter. Geode Capital Management LLC now owns 9,146,107 shares of the basic materials company's stock valued at $62,937,000 after acquiring an additional 89,863 shares in the last quarter. Schroder Investment Management Group boosted its position in Coeur Mining by 22.8% in the 4th quarter. Schroder Investment Management Group now owns 2,989,680 shares of the basic materials company's stock worth $16,772,000 after purchasing an additional 555,430 shares in the last quarter. First Eagle Investment Management LLC grew its position in Coeur Mining by 1.2% during the fourth quarter. First Eagle Investment Management LLC now owns 2,504,978 shares of the basic materials company's stock valued at $14,328,000 after buying an additional 30,600 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings in Coeur Mining by 20.5% in the fourth quarter. JPMorgan Chase & Co. now owns 1,710,242 shares of the basic materials company's stock valued at $9,783,000 after buying an additional 291,526 shares in the last quarter. Hedge funds and other institutional investors own 63.01% of the company's stock.

Coeur Mining Trading Up 7.8 %

CDE traded up $0.43 on Friday, hitting $5.92. The company had a trading volume of 19,000,115 shares, compared to its average volume of 11,367,991. The company's fifty day moving average price is $5.92 and its 200 day moving average price is $6.27. The firm has a market cap of $3.78 billion, a P/E ratio of 49.32 and a beta of 1.35. Coeur Mining, Inc. has a 1 year low of $4.03 and a 1 year high of $7.72. The company has a current ratio of 0.83, a quick ratio of 0.39 and a debt-to-equity ratio of 0.50.

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

Insiders Place Their Bets

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

Analyst Upgrades and Downgrades

Several analysts have commented on CDE shares. Raymond James reissued an "outperform" rating and issued a $8.50 price objective on shares of Coeur Mining in a report on Wednesday, April 2nd. BMO Capital Markets initiated coverage on Coeur Mining in a report on Tuesday, February 18th. They set an "outperform" rating and a $9.00 target price for the company. Cormark raised shares of Coeur Mining to a "moderate buy" rating in a research note on Thursday, February 20th. Roth Mkm cut their price objective on shares of Coeur Mining from $8.50 to $8.25 and set a "buy" rating for the company in a report on Friday, February 21st. Finally, National Bank Financial upgraded Coeur Mining to a "strong-buy" rating in a research report on Friday, March 21st. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $8.10.

Coeur Mining 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.