Foundry Partners LLC boosted its holdings in Coeur Mining, Inc. (NYSE:CDE) by 7.5% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 714,457 shares of the basic materials company’s stock after acquiring an additional 50,110 shares during the period. Foundry Partners LLC owned about 0.39% of Coeur Mining worth $6,566,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of CDE. UBS Asset Management Americas Inc. lifted its holdings in Coeur Mining by 68.3% in the first quarter. UBS Asset Management Americas Inc. now owns 116,890 shares of the basic materials company’s stock worth $944,000 after acquiring an additional 47,441 shares during the last quarter. Wellington Management Group LLP lifted its holdings in Coeur Mining by 214.6% in the first quarter. Wellington Management Group LLP now owns 491,768 shares of the basic materials company’s stock worth $3,973,000 after acquiring an additional 335,458 shares during the last quarter. Legal & General Group Plc lifted its holdings in Coeur Mining by 30.5% in the first quarter. Legal & General Group Plc now owns 76,038 shares of the basic materials company’s stock worth $610,000 after acquiring an additional 17,755 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Coeur Mining by 7.6% in the first quarter. Geode Capital Management LLC now owns 1,392,469 shares of the basic materials company’s stock worth $11,251,000 after acquiring an additional 98,293 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in Coeur Mining by 19.2% in the first quarter. Dimensional Fund Advisors LP now owns 2,814,259 shares of the basic materials company’s stock worth $22,738,000 after acquiring an additional 453,663 shares during the last quarter. 69.13% of the stock is currently owned by hedge funds and other institutional investors.

A number of brokerages have issued reports on CDE. Noble Financial reissued a “hold” rating on shares of Coeur Mining in a report on Wednesday, September 13th. BMO Capital Markets reissued a “buy” rating on shares of Coeur Mining in a report on Wednesday, September 13th. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Coeur Mining in a report on Thursday, September 7th. Raymond James Financial, Inc. reaffirmed a “market perform” rating and set a $9.50 price target on shares of Coeur Mining in a report on Thursday, September 7th. Finally, Roth Capital set a $13.00 price target on Coeur Mining and gave the company a “buy” rating in a report on Thursday, October 5th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.91.

In related news, VP Mark Spurbeck sold 9,500 shares of the firm’s stock in a transaction that occurred on Friday, September 15th. The shares were sold at an average price of $9.25, for a total transaction of $87,875.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, CFO Peter C. Mitchell sold 10,000 shares of the firm’s stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $7.67, for a total transaction of $76,700.00. The disclosure for this sale can be found here. Insiders have sold 83,610 shares of company stock worth $708,955 in the last quarter. Company insiders own 1.30% of the company’s stock.

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Shares of Coeur Mining, Inc. (CDE) opened at $7.40 on Friday. The company has a current ratio of 3.68, a quick ratio of 2.51 and a debt-to-equity ratio of 0.36. Coeur Mining, Inc. has a twelve month low of $7.30 and a twelve month high of $12.30.

Coeur Mining (NYSE:CDE) last posted its quarterly earnings data on Wednesday, October 25th. The basic materials company reported ($0.10) EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by ($0.17). Coeur Mining had a negative net margin of 2.41% and a negative return on equity of 1.37%. The company had revenue of $176.00 million for the quarter, compared to analyst estimates of $185.09 million. During the same quarter in the prior year, the business earned $0.23 EPS. Coeur Mining’s revenue was up 1.5% compared to the same quarter last year. equities analysts anticipate that Coeur Mining, Inc. will post -0.05 earnings per share for the current year.

Coeur Mining Company Profile

Coeur Mining, Inc is a gold and silver producer. The Company has its mines located in the United States, Mexico, and Bolivia and exploration projects in Mexico and Argentina. Its segments include Palmarejo, Rochester, Kensington, Wharf, San Bartolome mines, Coeur Capital and Other. The Palmarejo complex is located in the state of Chihuahua, Mexico.

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Institutional Ownership by Quarter for Coeur Mining (NYSE:CDE)

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