12,000 Shares in Agnico Eagle Mines Limited (NYSE:AEM) Acquired by Kapstone Financial Advisors LLC

Kapstone Financial Advisors LLC acquired a new stake in shares of Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM in the 1st quarter, according to its most recent 13F filing with the SEC. The fund acquired 12,000 shares of the mining company's stock, valued at approximately $1,301,000. Agnico Eagle Mines accounts for 0.7% of Kapstone Financial Advisors LLC's portfolio, making the stock its 26th largest holding.

Several other large investors have also made changes to their positions in the business. Brighton Jones LLC increased its holdings in shares of Agnico Eagle Mines by 11.5% during the 4th quarter. Brighton Jones LLC now owns 3,216 shares of the mining company's stock valued at $252,000 after purchasing an additional 331 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in Agnico Eagle Mines by 2.3% during the fourth quarter. Stratos Wealth Partners LTD. now owns 10,712 shares of the mining company's stock valued at $838,000 after buying an additional 241 shares during the period. Choreo LLC increased its holdings in Agnico Eagle Mines by 13.0% in the fourth quarter. Choreo LLC now owns 16,034 shares of the mining company's stock valued at $1,250,000 after buying an additional 1,842 shares in the last quarter. Kercheville Advisors LLC raised its position in shares of Agnico Eagle Mines by 1.3% in the fourth quarter. Kercheville Advisors LLC now owns 114,611 shares of the mining company's stock worth $8,964,000 after acquiring an additional 1,431 shares during the period. Finally, Bleakley Financial Group LLC raised its position in shares of Agnico Eagle Mines by 12.3% in the fourth quarter. Bleakley Financial Group LLC now owns 7,455 shares of the mining company's stock worth $583,000 after acquiring an additional 815 shares during the period. 68.34% of the stock is owned by hedge funds and other institutional investors.

Agnico Eagle Mines Trading Down 1.3%

Shares of AEM opened at $122.04 on Friday. Agnico Eagle Mines Limited has a 52-week low of $63.01 and a 52-week high of $126.76. The stock has a market cap of $61.43 billion, a PE ratio of 32.28, a price-to-earnings-growth ratio of 0.66 and a beta of 0.54. The firm's fifty day moving average is $114.19 and its two-hundred day moving average is $98.86. The company has a quick ratio of 0.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.06.

Agnico Eagle Mines (NYSE:AEM - Get Free Report) TSE: AEM last issued its earnings results on Thursday, April 24th. The mining company reported $1.53 earnings per share 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 analysts' expectations of $2.27 billion. Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%. The business's revenue for the quarter was up 34.9% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.76 EPS. Research analysts forecast that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current fiscal year.

Agnico Eagle Mines Announces Dividend

The business also recently disclosed a dividend, which will be paid on Monday, June 16th. Shareholders of record on Monday, June 2nd will be paid a dividend of $0.40 per share. This represents a yield of 1.36%. The ex-dividend date of this dividend is Friday, May 30th. Agnico Eagle Mines's dividend payout ratio (DPR) is currently 34.04%.

Analyst Ratings Changes

A number of research firms have recently commented on AEM. Bank of America raised their target price on Agnico Eagle Mines from $119.00 to $142.00 and gave the company a "buy" rating in a research report on Tuesday, April 8th. Cfra Research upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Friday, April 25th. Stifel Canada upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. Raymond James upped their target price on Agnico Eagle Mines from $105.00 to $130.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. Finally, Wall Street Zen lowered Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th. Two research analysts have rated the stock with a hold rating, seven have assigned a buy rating and four have given a strong buy rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $127.40.

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.

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