Capital Investment Advisory Services LLC Has $134,000 Position in Coeur Mining, Inc. (NYSE:CDE)

Capital Investment Advisory Services LLC lowered its holdings in Coeur Mining, Inc. (NYSE:CDE) by 13.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 41,158 shares of the basic materials company’s stock after selling 6,386 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Coeur Mining were worth $134,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Coeur Mining by 5.7% in the third quarter. Vanguard Group Inc. now owns 31,864,964 shares of the basic materials company’s stock worth $70,740,000 after purchasing an additional 1,716,929 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Coeur Mining by 7.1% in the third quarter. Charles Schwab Investment Management Inc. now owns 4,153,752 shares of the basic materials company’s stock worth $9,221,000 after purchasing an additional 274,878 shares in the last quarter. Jupiter Asset Management Ltd. boosted its stake in Coeur Mining by 95.9% in the third quarter. Jupiter Asset Management Ltd. now owns 10,246,050 shares of the basic materials company’s stock worth $22,746,000 after purchasing an additional 5,017,119 shares in the last quarter. Assenagon Asset Management S.A. boosted its stake in Coeur Mining by 1.7% in the fourth quarter. Assenagon Asset Management S.A. now owns 247,169 shares of the basic materials company’s stock worth $806,000 after purchasing an additional 4,175 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its stake in Coeur Mining by 22.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 9,457,720 shares of the basic materials company’s stock worth $30,832,000 after purchasing an additional 1,702,840 shares in the last quarter. Institutional investors and hedge funds own 63.01% of the company’s stock.

Analyst Ratings Changes

CDE has been the subject of a number of recent research reports. Roth Mkm initiated coverage on Coeur Mining in a research report on Tuesday, April 9th. They set a “buy” rating and a $5.40 target price for the company. Roth Capital restated a “buy” rating on shares of Coeur Mining in a research report on Tuesday, April 9th. National Bank Financial restated an “outperform spec market weight” rating on shares of Coeur Mining in a research report on Monday, April 8th. BMO Capital Markets boosted their target price on Coeur Mining from $3.50 to $4.25 and gave the stock a “market perform” rating in a research report on Wednesday, April 10th. Finally, Raymond James boosted their target price on Coeur Mining from $3.75 to $4.00 and gave the stock a “market perform” rating in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat.com, Coeur Mining has a consensus rating of “Moderate Buy” and an average target price of $4.21.

Coeur Mining Trading Down 1.9 %

NYSE CDE opened at $4.53 on Thursday. The stock has a 50-day simple moving average of $3.57 and a 200 day simple moving average of $3.06. The company has a current ratio of 0.92, a quick ratio of 0.38 and a debt-to-equity ratio of 0.51. Coeur Mining, Inc. has a 12 month low of $2.00 and a 12 month high of $5.47.

Coeur Mining (NYSE:CDE) last announced its quarterly earnings results on Wednesday, February 21st. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter. Coeur Mining had a negative return on equity of 7.79% and a negative net margin of 12.62%. The business had revenue of $262.10 million during the quarter. On average, analysts expect that Coeur Mining, Inc. will post -0.08 earnings per share for the current fiscal year.

About Coeur Mining

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.