Russell Investments Group Ltd. boosted its holdings in Tahoe Resources, Inc. (NYSE:TAHO) by 9.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 251,871 shares of the basic materials company’s stock after acquiring an additional 20,848 shares during the quarter. Russell Investments Group Ltd. owned about 0.08% of Tahoe Resources worth $2,164,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Quantbot Technologies LP grew its holdings in Tahoe Resources by 181.9% in the first quarter. Quantbot Technologies LP now owns 14,874 shares of the basic materials company’s stock valued at $119,000 after purchasing an additional 9,598 shares during the last quarter. Karp Capital Management Corp acquired a new stake in Tahoe Resources in the first quarter valued at $143,000. Laurion Capital Management LP grew its holdings in Tahoe Resources by 18.8% in the first quarter. Laurion Capital Management LP now owns 20,200 shares of the basic materials company’s stock valued at $162,000 after purchasing an additional 3,200 shares during the last quarter. Aperio Group LLC grew its holdings in Tahoe Resources by 16.4% in the second quarter. Aperio Group LLC now owns 20,686 shares of the basic materials company’s stock valued at $178,000 after purchasing an additional 2,916 shares during the last quarter. Finally, SG Americas Securities LLC grew its holdings in Tahoe Resources by 76.8% in the first quarter. SG Americas Securities LLC now owns 21,175 shares of the basic materials company’s stock valued at $170,000 after purchasing an additional 9,195 shares during the last quarter. Hedge funds and other institutional investors own 71.12% of the company’s stock.

A number of research firms recently commented on TAHO. ValuEngine lowered Tahoe Resources from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub lowered Tahoe Resources from a “hold” rating to a “sell” rating in a research note on Saturday, June 17th. UBS Group AG lowered Tahoe Resources from a “strong-buy” rating to an “outperform” rating in a research note on Friday, June 23rd. Raymond James Financial, Inc. lowered Tahoe Resources from a “strong-buy” rating to an “outperform” rating in a research note on Friday, June 23rd. Finally, TD Securities lowered Tahoe Resources from a “buy” rating to a “hold” rating in a research note on Thursday, July 6th. Ten investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $17.33.

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Shares of Tahoe Resources, Inc. (NYSE TAHO) traded up 0.84% during mid-day trading on Monday, reaching $4.81. The company’s stock had a trading volume of 2,416,590 shares. Tahoe Resources, Inc. has a 52-week low of $4.24 and a 52-week high of $14.95. The company has a market capitalization of $1.50 billion, a PE ratio of 8.76 and a beta of 0.44. The firm’s 50 day moving average is $5.30 and its 200-day moving average is $7.53.

About Tahoe Resources

Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.

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Institutional Ownership by Quarter for Tahoe Resources (NYSE:TAHO)

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