Janney Montgomery Scott LLC Has $4.04 Million Stock Position in Agnico Eagle Mines Limited (NYSE:AEM)

Janney Montgomery Scott LLC lifted its position in Agnico Eagle Mines Limited (NYSE:AEMFree Report) (TSE:AEM) by 6.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,695 shares of the mining company’s stock after buying an additional 3,059 shares during the period. Janney Montgomery Scott LLC’s holdings in Agnico Eagle Mines were worth $4,043,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the business. Perfromance Wealth Partners LLC boosted its holdings in shares of Agnico Eagle Mines by 104.3% in the fourth quarter. Perfromance Wealth Partners LLC now owns 11,353 shares of the mining company’s stock valued at $888,000 after buying an additional 5,795 shares during the period. Atomi Financial Group Inc. lifted its position in Agnico Eagle Mines by 13.3% in the 4th quarter. Atomi Financial Group Inc. now owns 6,840 shares of the mining company’s stock valued at $535,000 after acquiring an additional 804 shares in the last quarter. TB Alternative Assets Ltd. bought a new stake in Agnico Eagle Mines in the 4th quarter valued at $19,114,000. Lmcg Investments LLC boosted its stake in Agnico Eagle Mines by 1.3% in the 4th quarter. Lmcg Investments LLC now owns 206,097 shares of the mining company’s stock worth $16,119,000 after purchasing an additional 2,710 shares during the period. Finally, Crossmark Global Holdings Inc. increased its holdings in Agnico Eagle Mines by 2.3% during the 4th quarter. Crossmark Global Holdings Inc. now owns 27,157 shares of the mining company’s stock worth $2,124,000 after purchasing an additional 603 shares in the last quarter. Institutional investors and hedge funds own 68.34% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Scotiabank boosted their price target on Agnico Eagle Mines from $103.00 to $105.00 and gave the company a “sector outperform” rating in a report on Tuesday, January 21st. 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 research note on Tuesday, January 7th. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $90.50.

Get Our Latest Stock Analysis on Agnico Eagle Mines

Agnico Eagle Mines Stock Up 4.7 %

AEM stock opened at $94.38 on Friday. Agnico Eagle Mines Limited has a twelve month low of $44.37 and a twelve month high of $94.77. The company has a market cap of $47.40 billion, a price-to-earnings ratio of 47.19, a P/E/G ratio of 0.60 and a beta of 1.08. The company has a quick ratio of 0.83, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. The business has a 50 day moving average price of $83.52 and a two-hundred day moving average price of $81.41.

Agnico Eagle Mines Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Agnico Eagle Mines (NYSE:AEM)

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