Agnico Eagle Mines Limited (NYSE:AEM) Shares Sold by Sapient Capital LLC

Sapient Capital LLC trimmed its stake in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 1.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,856 shares of the mining company’s stock after selling 145 shares during the quarter. Sapient Capital LLC’s holdings in Agnico Eagle Mines were worth $849,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Savant Capital LLC lifted its holdings in Agnico Eagle Mines by 23.7% during the 4th quarter. Savant Capital LLC now owns 3,713 shares of the mining company’s stock worth $290,000 after buying an additional 711 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in Agnico Eagle Mines by 23.6% during the 4th quarter. Kestra Private Wealth Services LLC now owns 7,929 shares of the mining company’s stock worth $620,000 after buying an additional 1,515 shares during the last quarter. Stephens Inc. AR purchased a new stake in Agnico Eagle Mines during the 4th quarter worth about $284,000. Empowered Funds LLC lifted its holdings in Agnico Eagle Mines by 65.2% during the 4th quarter. Empowered Funds LLC now owns 71,788 shares of the mining company’s stock worth $5,615,000 after buying an additional 28,324 shares during the last quarter. Finally, Quattro Financial Advisors LLC lifted its holdings in Agnico Eagle Mines by 61.0% during the 4th quarter. Quattro Financial Advisors LLC now owns 21,505 shares of the mining company’s stock worth $1,682,000 after buying an additional 8,147 shares during the last quarter. 68.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AEM has been the subject of a number of recent analyst reports. Scotiabank lifted their price target on Agnico Eagle Mines from $103.00 to $105.00 and gave the stock a “sector outperform” rating in a report on Tuesday, January 21st. Royal Bank of Canada boosted their target price on Agnico Eagle Mines from $96.00 to $105.00 and gave the company an “outperform” rating in a report on Tuesday. Finally, Jefferies Financial Group raised their price target on Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a research note on Tuesday, January 7th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $92.75.

Agnico Eagle Mines Stock Down 2.1 %

AEM stock opened at $98.42 on Wednesday. The company has a fifty day moving average price of $85.67 and a 200 day moving average price of $82.78. Agnico Eagle Mines Limited has a 12 month low of $44.37 and a 12 month high of $101.45. The company has a market cap of $49.43 billion, a price-to-earnings ratio of 49.21, a price-to-earnings-growth ratio of 0.66 and a beta of 1.10. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.75 and a quick ratio of 0.83.

Agnico Eagle Mines Company Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.