Agnico Eagle Mines Limited (NYSE:AEM) Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. increased its position in Agnico Eagle Mines Limited (NYSE:AEM - Free Report) TSE: AEM by 83.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 11,335 shares of the mining company's stock after acquiring an additional 5,151 shares during the quarter. Vise Technologies Inc.'s holdings in Agnico Eagle Mines were worth $887,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in AEM. HB Wealth Management LLC purchased a new position in shares of Agnico Eagle Mines during the 4th quarter valued at about $208,000. MassMutual Private Wealth & Trust FSB increased its stake in shares of Agnico Eagle Mines by 34.1% during the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 649 shares of the mining company's stock valued at $51,000 after buying an additional 165 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Agnico Eagle Mines by 6.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 51,695 shares of the mining company's stock valued at $4,043,000 after purchasing an additional 3,059 shares in the last quarter. Brighton Jones LLC boosted its holdings in Agnico Eagle Mines by 11.5% in the fourth quarter. Brighton Jones LLC now owns 3,216 shares of the mining company's stock worth $252,000 after acquiring an additional 331 shares in the last quarter. Finally, Fifth Third Bancorp boosted its holdings in Agnico Eagle Mines by 176.9% in the fourth quarter. Fifth Third Bancorp now owns 407 shares of the mining company's stock worth $32,000 after acquiring an additional 260 shares in the last quarter. Hedge funds and other institutional investors own 68.34% of the company's stock.

Agnico Eagle Mines Trading Down 0.8%

NYSE:AEM traded down $0.99 during trading hours on Friday, reaching $116.78. 1,070,617 shares of the stock were exchanged, compared to its average volume of 2,559,385. The company has a quick ratio of 0.86, a current ratio of 1.86 and a debt-to-equity ratio of 0.06. The business has a 50-day moving average of $112.65 and a two-hundred day moving average of $97.32. Agnico Eagle Mines Limited has a twelve month low of $63.01 and a twelve month high of $126.76. The company has a market capitalization of $58.77 billion, a price-to-earnings ratio of 30.85, a PEG ratio of 0.66 and a beta of 0.54.

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

Agnico Eagle Mines Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on AEM shares. Raymond James upped their price target on Agnico Eagle Mines from $105.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, April 4th. Stifel Canada upgraded Agnico Eagle Mines to a "strong-buy" rating in a research report on Wednesday, March 19th. Wall Street Zen cut Agnico Eagle Mines from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, February 25th. Royal Bank of Canada upped their price objective on Agnico Eagle Mines from $110.00 to $115.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. Finally, UBS Group upped their price objective on Agnico Eagle Mines from $110.00 to $115.00 and gave the stock a "neutral" rating in a research note on Friday, April 11th. Two research analysts have rated the stock with a hold rating, seven have issued a buy rating and four have issued a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $124.40.

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.