Generali Investments CEE investicni spolecnost a.s. Invests $69,000 in Coeur Mining, Inc. (NYSE:CDE)

Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Coeur Mining, Inc. (NYSE:CDE) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 12,000 shares of the basic materials company’s stock, valued at approximately $69,000.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC lifted its holdings in shares of Coeur Mining by 139.8% during the 4th quarter. GAMMA Investing LLC now owns 5,761 shares of the basic materials company’s stock worth $33,000 after acquiring an additional 3,359 shares during the period. FNY Investment Advisers LLC purchased a new position in shares of Coeur Mining during the 4th quarter worth about $57,000. Empowered Funds LLC purchased a new position in shares of Coeur Mining during the 4th quarter worth about $66,000. Proficio Capital Partners LLC purchased a new position in shares of Coeur Mining during the 4th quarter worth about $92,000. Finally, KBC Group NV lifted its holdings in shares of Coeur Mining by 45.4% during the 4th quarter. KBC Group NV now owns 18,919 shares of the basic materials company’s stock worth $108,000 after acquiring an additional 5,908 shares during the period. 63.01% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Coeur Mining

In related news, CFO Thomas S. Whelan purchased 10,000 shares of the firm’s stock in a transaction dated Wednesday, February 26th. The stock was acquired at an average price of $5.25 per share, with a total value of $52,500.00. Following the completion of the transaction, the chief financial officer now owns 668,450 shares of the company’s stock, valued at $3,509,362.50. This represents a 1.52 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 1.56% of the stock is owned by corporate insiders.

Coeur Mining Stock Up 1.4 %

Shares of NYSE:CDE opened at $5.58 on Monday. The company has a quick ratio of 0.39, a current ratio of 0.83 and a debt-to-equity ratio of 0.50. Coeur Mining, Inc. has a 52-week low of $2.98 and a 52-week high of $7.72. The company has a 50 day moving average of $6.18 and a two-hundred day moving average of $6.37. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 46.46 and a beta of 1.51.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.11. Coeur Mining had a net margin of 5.59% and a return on equity of 6.59%. The company had revenue of $305.40 million during the quarter, compared to the consensus estimate of $314.32 million. As a group, analysts forecast that Coeur Mining, Inc. will post 0.58 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on CDE. Cormark upgraded shares of Coeur Mining to a “moderate buy” rating in a report on Thursday, February 20th. BMO Capital Markets began coverage on shares of Coeur Mining in a report on Tuesday, February 18th. They issued an “outperform” rating and a $9.00 price target on the stock. Roth Mkm cut their price target on shares of Coeur Mining from $8.50 to $8.25 and set a “buy” rating on the stock in a report on Friday, February 21st. Finally, Raymond James upgraded shares of Coeur Mining from a “market perform” rating to an “outperform” rating and cut their price target for the company from $8.75 to $8.25 in a report on Friday, February 21st. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average target price of $8.31.

Coeur Mining Profile

Coeur Mining, Inc explores for precious metals in the United States, Canada, and Mexico. The company primarily explores for gold, silver, zinc, and lead properties. It markets and sells its concentrates to third-party customers, smelters, under off-take agreements. The company was formerly known as Coeur d'Alene Mines Corporation and changed its name to Coeur Mining, Inc in May 2013.