Agnico Eagle Mines Limited (NYSE:AEM) Shares Bought by Kohmann Bosshard Financial Services LLC

Kohmann Bosshard Financial Services LLC lifted its position in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 10.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,600 shares of the mining company’s stock after purchasing an additional 600 shares during the period. Kohmann Bosshard Financial Services LLC’s holdings in Agnico Eagle Mines were worth $516,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in AEM. Smartleaf Asset Management LLC raised its position in 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 purchasing an additional 318 shares during the last quarter. Duncker Streett & Co. Inc. increased 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 purchasing an additional 112 shares during the period. Capital Wealth Planning LLC raised its holdings in shares of Agnico Eagle Mines by 41.9% in the fourth quarter. Capital Wealth Planning LLC now owns 59,055 shares of the mining company’s stock valued at $4,619,000 after buying an additional 17,452 shares during the last quarter. Metis Global Partners LLC boosted its stake in shares of Agnico Eagle Mines by 6.3% during the fourth quarter. Metis Global Partners LLC now owns 55,180 shares of the mining company’s stock worth $4,317,000 after buying an additional 3,281 shares during the period. Finally, US Bancorp DE grew its holdings in shares of Agnico Eagle Mines by 2.7% during the fourth quarter. US Bancorp DE now owns 6,770 shares of the mining company’s stock worth $529,000 after buying an additional 175 shares during the last quarter. 68.34% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

AEM has been the subject of several analyst reports. TD Securities reduced their price objective on Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating for the company in a research note on Wednesday, February 19th. Jefferies Financial Group boosted their target price on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a report on Tuesday, January 7th. Raymond James set a $105.00 price target on Agnico Eagle Mines and gave the stock an “outperform” rating in a report on Tuesday, February 4th. Royal Bank of Canada boosted their price objective on shares of Agnico Eagle Mines from $96.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Finally, StockNews.com downgraded shares of Agnico Eagle Mines from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, February 25th. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $95.78.

Agnico Eagle Mines Price Performance

Shares of NYSE AEM opened at $96.43 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.86 and a current ratio of 1.86. Agnico Eagle Mines Limited has a one year low of $47.73 and a one year high of $101.45. The firm has a market capitalization of $48.50 billion, a P/E ratio of 25.51, a PEG ratio of 0.66 and a beta of 1.10. The company’s fifty day moving average is $89.44 and its two-hundred day moving average is $84.75.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings data on Thursday, February 13th. The mining company reported $1.26 EPS for the quarter, missing analysts’ consensus estimates of $1.70 by ($0.44). Agnico Eagle Mines had a return on equity of 10.45% and a net margin of 22.88%. Analysts forecast that Agnico Eagle Mines Limited will post 4.63 EPS for the current fiscal year.

Agnico Eagle Mines Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Friday, February 28th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date is Friday, February 28th. Agnico Eagle Mines’s dividend payout ratio is currently 42.33%.

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.