114,621 Shares in Coeur Mining, Inc. $CDE Acquired by Landscape Capital Management L.L.C.

Landscape Capital Management L.L.C. bought a new position in Coeur Mining, Inc. (NYSE:CDE) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 114,621 shares of the basic materials company’s stock, valued at approximately $2,044,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eschler Asset Management LLP purchased a new stake in Coeur Mining in the 4th quarter worth approximately $2,295,000. Barclays PLC increased its holdings in Coeur Mining by 3.0% in the 4th quarter. Barclays PLC now owns 1,322,507 shares of the basic materials company’s stock worth $23,580,000 after acquiring an additional 38,647 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in Coeur Mining by 1.8% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 14,563,232 shares of the basic materials company’s stock worth $259,662,000 after acquiring an additional 259,978 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in Coeur Mining by 6.4% in the 4th quarter. Kestra Advisory Services LLC now owns 34,654 shares of the basic materials company’s stock worth $618,000 after acquiring an additional 2,095 shares in the last quarter. Finally, Transamerica Financial Advisors LLC purchased a new stake in Coeur Mining in the 4th quarter worth approximately $34,000. 63.01% of the stock is owned by hedge funds and other institutional investors.

Coeur Mining Trading Up 8.4%

Shares of CDE opened at $18.64 on Tuesday. The company has a debt-to-equity ratio of 0.07, a current ratio of 3.73 and a quick ratio of 2.14. Coeur Mining, Inc. has a 1 year low of $8.46 and a 1 year high of $27.77. The company has a 50 day simple moving average of $18.51 and a two-hundred day simple moving average of $19.74. The firm has a market cap of $19.28 billion, a P/E ratio of 16.07 and a beta of 1.25.

Coeur Mining (NYSE:CDE) last announced its quarterly earnings data on Wednesday, May 6th. The basic materials company reported $0.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). Coeur Mining had a net margin of 31.15% and a return on equity of 15.38%. The company had revenue of $856.19 million for the quarter, compared to analysts’ expectations of $815.59 million. During the same period last year, the business earned $0.11 earnings per share. The company’s quarterly revenue was up 137.8% compared to the same quarter last year. On average, equities analysts expect that Coeur Mining, Inc. will post 1.46 earnings per share for the current fiscal year.

Coeur Mining Dividend Announcement

The business also recently disclosed a dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 22nd were issued a dividend of $0.02 per share. This represents a yield of 23.0%. The ex-dividend date of this dividend was Friday, May 22nd. Coeur Mining’s dividend payout ratio (DPR) is 3.45%.

Insider Transactions at Coeur Mining

In other Coeur Mining news, CAO Kenneth J. Watkinson sold 39,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $18.60, for a total transaction of $725,400.00. Following the completion of the sale, the chief accounting officer directly owned 77,204 shares of the company’s stock, valued at $1,435,994.40. This trade represents a 33.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on CDE. ATB Cormark Capital Markets raised shares of Coeur Mining from a “hold” rating to a “moderate buy” rating in a report on Tuesday, March 24th. BMO Capital Markets began coverage on shares of Coeur Mining in a report on Wednesday, March 25th. They issued an “outperform” rating and a $27.00 target price for the company. Roth Mkm reissued a “buy” rating and issued a $25.00 target price on shares of Coeur Mining in a report on Friday, May 8th. Scotiabank began coverage on shares of Coeur Mining in a report on Friday. They issued a “sector outperform” rating and a $27.50 target price for the company. Finally, Cantor Fitzgerald lowered shares of Coeur Mining from a “buy” rating to a “hold” rating and set a $19.00 target price for the company. in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $26.28.

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.