Coeur Mining, Inc. (NYSE:CDE) Holdings Raised by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL boosted its holdings in Coeur Mining, Inc. (NYSE:CDE - Free Report) by 182.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,430,660 shares of the basic materials company's stock after acquiring an additional 923,283 shares during the period. Tudor Investment Corp ET AL owned 0.36% of Coeur Mining worth $8,183,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. GAMMA Investing LLC increased its stake 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 purchasing an additional 3,359 shares in the last quarter. Quarry LP increased its position in Coeur Mining by 853.8% during the fourth quarter. Quarry LP now owns 6,667 shares of the basic materials company's stock worth $38,000 after buying an additional 5,968 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Coeur Mining in the fourth quarter worth $57,000. DRW Securities LLC purchased a new stake in shares of Coeur Mining in the fourth quarter valued at $60,000. Finally, ZEGA Investments LLC acquired a new stake in shares of Coeur Mining during the fourth quarter valued at $64,000. Institutional investors and hedge funds own 63.01% of the company's stock.

Coeur Mining Stock Down 1.9 %

Shares of Coeur Mining stock traded down $0.10 during trading hours on Friday, hitting $5.30. 15,398,629 shares of the company's stock traded hands, compared to its average volume of 11,710,989. 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 twelve month low of $4.57 and a twelve month high of $7.72. The stock has a 50 day simple moving average of $5.71 and a 200-day simple moving average of $6.18. The company has a market cap of $3.39 billion, a PE ratio of 44.17 and a beta of 1.35.

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

Insider Buying and Selling

In related news, CFO Thomas S. Whelan acquired 10,000 shares of the firm's stock in a transaction on Wednesday, February 26th. The stock was bought at an average cost of $5.25 per share, with a total value of $52,500.00. Following the acquisition, the chief financial officer now directly owns 668,450 shares in the company, valued at approximately $3,509,362.50. The trade was a 1.52 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.50% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Roth Mkm decreased their price target on shares of Coeur Mining from $8.50 to $8.25 and set a "buy" rating on the stock in a research note on Friday, February 21st. Cormark upgraded Coeur Mining to a "moderate buy" rating in a report on Thursday, February 20th. TD Cowen raised Coeur Mining to a "strong-buy" rating in a research note on Tuesday, March 11th. Raymond James reaffirmed an "outperform" rating and issued a $8.50 price objective on shares of Coeur Mining in a research report on Wednesday, April 2nd. Finally, National Bank Financial upgraded Coeur Mining to a "strong-buy" rating in a research report on Friday, March 21st. One research analyst has rated the stock with a hold rating, five have given a buy rating and three have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Buy" and an average price target of $8.10.

About Coeur Mining

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.