Segall Bryant & Hamill LLC Sells 22,292 Shares of Coeur Mining, Inc. $CDE

Segall Bryant & Hamill LLC decreased its position in Coeur Mining, Inc. (NYSE:CDE) by 5.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 425,953 shares of the basic materials company’s stock after selling 22,292 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Coeur Mining were worth $7,991,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. EverSource Wealth Advisors LLC boosted its position in shares of Coeur Mining by 74.2% during the second quarter. EverSource Wealth Advisors LLC now owns 3,368 shares of the basic materials company’s stock worth $30,000 after buying an additional 1,435 shares during the period. Covestor Ltd lifted its stake in Coeur Mining by 7,011.5% in the 3rd quarter. Covestor Ltd now owns 1,849 shares of the basic materials company’s stock valued at $35,000 after acquiring an additional 1,823 shares in the last quarter. Luminist Capital LLC acquired a new position in Coeur Mining during the 2nd quarter worth approximately $40,000. Focus Partners Wealth bought a new position in shares of Coeur Mining during the 1st quarter worth approximately $60,000. Finally, Bogart Wealth LLC bought a new stake in shares of Coeur Mining in the third quarter worth $62,000. 63.01% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on CDE shares. Weiss Ratings downgraded shares of Coeur Mining from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, February 27th. Zacks Research downgraded shares of Coeur Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Wall Street Zen upgraded Coeur Mining from a “hold” rating to a “buy” rating in a report on Sunday, December 21st. TD Securities increased their price target on Coeur Mining from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Finally, Canaccord Genuity Group lowered Coeur Mining from a “buy” rating to a “hold” rating in a research report on Friday, February 20th. Two analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $20.88.

Coeur Mining Trading Down 1.5%

Shares of NYSE:CDE opened at $23.77 on Thursday. Coeur Mining, Inc. has a 52-week low of $4.58 and a 52-week high of $27.77. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.66 and a current ratio of 2.47. The company has a market capitalization of $15.26 billion, a P/E ratio of 27.32 and a beta of 1.16. The company has a 50-day simple moving average of $22.15 and a 200 day simple moving average of $18.45.

Coeur Mining (NYSE:CDE) last released its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.08). Coeur Mining had a net margin of 28.31% and a return on equity of 18.75%. The business had revenue of $674.85 million during the quarter, compared to the consensus estimate of $668.70 million. During the same quarter in the prior year, the company earned $0.11 EPS. Coeur Mining’s quarterly revenue was up 120.9% on a year-over-year basis. Sell-side analysts forecast that Coeur Mining, Inc. will post 0.58 earnings per share for the current year.

Coeur Mining Company Profile

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.