Deutsche Bank AG Boosts Stock Position in Coeur Mining, Inc. (NYSE:CDE)

Deutsche Bank AG boosted its holdings in Coeur Mining, Inc. (NYSE:CDE - Free Report) by 1.3% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,551,319 shares of the basic materials company's stock after buying an additional 33,887 shares during the quarter. Deutsche Bank AG owned 0.64% of Coeur Mining worth $14,594,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of CDE. Quarry LP increased its holdings in shares of Coeur Mining by 853.8% in the fourth quarter. Quarry LP now owns 6,667 shares of the basic materials company's stock worth $38,000 after purchasing an additional 5,968 shares during the last quarter. Optiver Holding B.V. grew its holdings in Coeur Mining by 150.5% during the 4th quarter. Optiver Holding B.V. now owns 8,160 shares of the basic materials company's stock valued at $47,000 after buying an additional 4,903 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in Coeur Mining during the 4th quarter valued at approximately $57,000. DRW Securities LLC bought a new stake in Coeur Mining in the 4th quarter worth approximately $60,000. Finally, ZEGA Investments LLC purchased a new stake in shares of Coeur Mining during the 4th quarter worth approximately $64,000. Institutional investors own 63.01% of the company's stock.

Insider Transactions at Coeur Mining

In other Coeur Mining news, CFO Thomas S. Whelan purchased 10,000 shares of the stock in a transaction on 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 acquisition, the chief financial officer now owns 668,450 shares in the company, valued at $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 SEC, which can be accessed through this link. Also, Director Pierre Beaudoin sold 60,551 shares of the company's stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $7.30, for a total transaction of $442,022.30. Following the transaction, the director now owns 188,362 shares in the company, valued at approximately $1,375,042.60. This trade represents a 24.33% decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.50% of the company's stock.

Coeur Mining Trading Up 0.1%

Shares of CDE traded up $0.01 during trading hours on Monday, reaching $7.47. 9,437,846 shares of the company traded hands, compared to its average volume of 12,281,085. The stock's fifty day moving average price is $6.04 and its 200 day moving average price is $6.17. The company has a current ratio of 0.83, a quick ratio of 0.39 and a debt-to-equity ratio of 0.50. The firm has a market cap of $4.78 billion, a price-to-earnings ratio of 62.26 and a beta of 1.24. Coeur Mining, Inc. has a 12-month low of $4.57 and a 12-month high of $7.85.

Coeur Mining (NYSE:CDE - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The basic materials company reported $0.11 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.01) by $0.12. Coeur Mining had a net margin of 5.59% and a return on equity of 6.59%. The company's revenue was up 69.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.05) EPS. Sell-side analysts forecast that Coeur Mining, Inc. will post 0.58 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have commented on CDE shares. BMO Capital Markets began coverage on shares of Coeur Mining in a research note on Tuesday, February 18th. They issued an "outperform" rating and a $9.00 price objective for the company. Cormark raised Coeur Mining to a "moderate buy" rating in a research note on Thursday, February 20th. National Bank Financial raised Coeur Mining to a "strong-buy" rating in a research note on Friday, March 21st. Roth Mkm cut their target price on Coeur Mining from $8.50 to $8.25 and set a "buy" rating on the stock in a research report on Friday, February 21st. Finally, TD Securities began coverage on Coeur Mining in a report on Tuesday, March 11th. They set a "buy" rating and a $7.00 price target on the stock. One equities research analyst has rated the stock with a hold rating, five have assigned a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $8.10.

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.