Agnico Eagle Mines Limited (NYSE:AEM) Shares Bought by Jones Financial Companies Lllp

Jones Financial Companies Lllp lifted its stake in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 78.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,259 shares of the mining company’s stock after purchasing an additional 1,431 shares during the period. Jones Financial Companies Lllp’s holdings in Agnico Eagle Mines were worth $255,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Kohmann Bosshard Financial Services LLC boosted its position in shares of Agnico Eagle Mines by 10.0% during the 4th quarter. Kohmann Bosshard Financial Services LLC now owns 6,600 shares of the mining company’s stock valued at $516,000 after acquiring an additional 600 shares during the last quarter. Smartleaf Asset Management LLC raised its stake in Agnico Eagle Mines by 859.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 355 shares of the mining company’s stock worth $28,000 after purchasing an additional 318 shares during the period. Duncker Streett & Co. Inc. boosted its holdings in Agnico Eagle Mines by 37.3% in the 4th 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 last quarter. Capital Wealth Planning LLC grew its stake in shares of Agnico Eagle Mines by 41.9% in the 4th 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 period. Finally, Metis Global Partners LLC increased its holdings in shares of Agnico Eagle Mines by 6.3% during the 4th 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 last quarter. 68.34% of the stock is currently owned by hedge funds and other institutional investors.

Agnico Eagle Mines Price Performance

AEM stock opened at $101.03 on Thursday. The business’s 50-day moving average is $92.61 and its two-hundred day moving average is $85.74. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.86 and a quick ratio of 0.86. The firm has a market capitalization of $50.81 billion, a P/E ratio of 26.73, a P/E/G ratio of 0.66 and a beta of 1.00. Agnico Eagle Mines Limited has a 1 year low of $54.02 and a 1 year high of $101.81.

Agnico Eagle Mines (NYSE:AEM) (TSE:AEM) last released its quarterly earnings data on Thursday, February 13th. The mining company reported $1.26 earnings per share (EPS) for the quarter, missing the consensus estimate 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 anticipate that Agnico Eagle Mines Limited will post 4.63 earnings per share for the current fiscal year.

Agnico Eagle Mines Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 14th. Stockholders of record on Friday, February 28th will be given a dividend of $0.40 per share. The ex-dividend date of this dividend is Friday, February 28th. This represents a $1.60 annualized dividend and a dividend yield of 1.58%. Agnico Eagle Mines’s dividend payout ratio is currently 42.33%.

Analysts Set New Price Targets

AEM has been the subject of several analyst reports. Raymond James set a $105.00 price objective on Agnico Eagle Mines and gave the stock an “outperform” rating in a research report on Tuesday, February 4th. TD Securities cut their price objective on Agnico Eagle Mines from $108.00 to $106.00 and set a “buy” rating for the company in a research report on Wednesday, February 19th. Jefferies Financial Group upped their target price on shares of Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. Royal Bank of Canada increased their target price on shares of Agnico Eagle Mines from $96.00 to $105.00 and gave the stock 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 note on Tuesday, February 25th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $95.78.

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.