Agnico Eagle Mines Limited (NYSE:AEM) Shares Purchased by Beck Bode LLC

Beck Bode LLC grew its stake in Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM by 9.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 206,159 shares of the mining company's stock after acquiring an additional 18,421 shares during the period. Agnico Eagle Mines accounts for 2.9% of Beck Bode LLC's holdings, making the stock its 11th biggest holding. Beck Bode LLC's holdings in Agnico Eagle Mines were worth $16,124,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Versant Capital Management Inc bought a new stake in Agnico Eagle Mines during the 4th quarter valued at $26,000. Smartleaf Asset Management LLC boosted its holdings in shares of Agnico Eagle Mines by 859.5% in the 4th quarter. Smartleaf Asset Management LLC now owns 355 shares of the mining company's stock valued at $28,000 after buying an additional 318 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Agnico Eagle Mines in the 4th quarter worth approximately $29,000. Fifth Third Bancorp lifted its position in Agnico Eagle Mines by 176.9% during the fourth quarter. Fifth Third Bancorp now owns 407 shares of the mining company's stock valued at $32,000 after acquiring an additional 260 shares during the last quarter. Finally, Duncker Streett & Co. Inc. boosted its stake in Agnico Eagle Mines by 37.3% in the fourth quarter. Duncker Streett & Co. Inc. now owns 412 shares of the mining company's stock valued at $32,000 after acquiring an additional 112 shares in the last quarter. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AEM shares. Scotiabank reaffirmed an "outperform" rating on shares of Agnico Eagle Mines in a report on Monday, April 14th. StockNews.com lowered Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a report on Tuesday, February 25th. Cfra Research raised Agnico Eagle Mines to a "strong-buy" rating in a report on Friday, April 25th. TD Securities cut their price target on shares of Agnico Eagle Mines from $108.00 to $106.00 and set a "buy" rating on the stock in a report on Wednesday, February 19th. Finally, Stifel Canada raised shares of Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and four have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $124.40.

Agnico Eagle Mines Stock Performance

NYSE AEM traded up $4.98 during mid-day trading on Tuesday, reaching $119.28. 5,448,930 shares of the stock were exchanged, compared to its average volume of 2,465,820. Agnico Eagle Mines Limited has a 1 year low of $63.01 and a 1 year high of $126.76. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 1.86. The business's 50 day moving average is $108.68 and its 200-day moving average is $94.24. The company has a market capitalization of $60.03 billion, a P/E ratio of 31.56, a P/E/G ratio of 0.66 and a beta of 0.54.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last posted its earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.39 by $0.14. The business had revenue of $2.38 billion for the quarter, compared to analyst estimates of $2.27 billion. Agnico Eagle Mines had a net margin of 22.88% and a return on equity of 10.45%. The company's revenue for the quarter was up 34.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.76 EPS. On average, equities research analysts forecast that Agnico Eagle Mines Limited will post 4.63 EPS for the current fiscal year.

Agnico Eagle Mines Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Shareholders of record on Monday, December 1st will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.34%. The ex-dividend date of this dividend is Monday, December 1st. Agnico Eagle Mines's dividend payout ratio is presently 34.04%.

Agnico Eagle Mines 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.