OxFORD Asset Management LLP acquired a new position in shares of Tahoe Resources Inc (NYSE:TAHO) (TSE:THO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 218,694 shares of the basic materials company’s stock, valued at approximately $1,128,000. OxFORD Asset Management LLP owned approximately 0.07% of Tahoe Resources at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. State of Wisconsin Investment Board increased its holdings in shares of Tahoe Resources by 2.4% in the second quarter. State of Wisconsin Investment Board now owns 61,493 shares of the basic materials company’s stock valued at $530,000 after purchasing an additional 1,430 shares in the last quarter. Utah Retirement Systems increased its holdings in shares of Tahoe Resources by 3.1% in the second quarter. Utah Retirement Systems now owns 56,500 shares of the basic materials company’s stock valued at $487,000 after purchasing an additional 1,700 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Tahoe Resources by 7.1% in the second quarter. Ameriprise Financial Inc. now owns 37,604 shares of the basic materials company’s stock valued at $321,000 after purchasing an additional 2,480 shares in the last quarter. Aperio Group LLC increased its holdings in shares of 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 in the last quarter. Finally, Tudor Investment Corp ET AL increased its holdings in shares of Tahoe Resources by 8.8% in the second quarter. Tudor Investment Corp ET AL now owns 44,361 shares of the basic materials company’s stock valued at $382,000 after purchasing an additional 3,605 shares in the last quarter. 64.41% of the stock is owned by institutional investors.

A number of brokerages recently weighed in on TAHO. ValuEngine lowered shares of Tahoe Resources from a “buy” rating to a “hold” rating in a report on Friday, September 1st. BidaskClub lowered shares of Tahoe Resources from a “sell” rating to a “strong sell” rating in a report on Wednesday, October 18th. Credit Suisse Group raised shares of Tahoe Resources from a “neutral” rating to an “outperform” rating in a report on Monday, September 11th. Finally, BMO Capital Markets raised shares of Tahoe Resources from a “market perform” rating to an “outperform” rating in a report on Monday, September 11th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. Tahoe Resources presently has a consensus rating of “Hold” and a consensus price target of $11.00.

Tahoe Resources Inc (TAHO) opened at $4.59 on Thursday. Tahoe Resources Inc has a 52 week low of $4.15 and a 52 week high of $11.43. The stock has a market cap of $1,432.51, a P/E ratio of 11.74, a price-to-earnings-growth ratio of 2.78 and a beta of 0.38.

Tahoe Resources (NYSE:TAHO) (TSE:THO) last announced its quarterly earnings data on Monday, November 6th. The basic materials company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). Tahoe Resources had a net margin of 12.44% and a return on equity of 4.57%. The business had revenue of $155.20 million during the quarter, compared to the consensus estimate of $127.12 million. During the same period in the previous year, the business posted $0.21 earnings per share. Tahoe Resources’s revenue was down 33.9% compared to the same quarter last year. equities analysts predict that Tahoe Resources Inc will post 0.33 EPS for the current fiscal year.

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Tahoe Resources Profile

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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