Segall Bryant & Hamill LLC Sells 22,292 Shares of Coeur Mining, Inc. $CDE

Segall Bryant & Hamill LLC trimmed its position in Coeur Mining, Inc. (NYSE:CDE) by 5.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 425,953 shares of the basic materials company’s stock after selling 22,292 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 0.07% of Coeur Mining worth $7,991,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Savant Capital LLC boosted its stake in shares of Coeur Mining by 2.3% in the 3rd quarter. Savant Capital LLC now owns 46,551 shares of the basic materials company’s stock valued at $873,000 after purchasing an additional 1,066 shares during the last quarter. Ameritas Investment Partners Inc. lifted its holdings in Coeur Mining by 1.8% in the second quarter. Ameritas Investment Partners Inc. now owns 65,416 shares of the basic materials company’s stock valued at $580,000 after buying an additional 1,183 shares during the period. EverSource Wealth Advisors LLC lifted its holdings in Coeur Mining by 74.2% in the second quarter. EverSource Wealth Advisors LLC now owns 3,368 shares of the basic materials company’s stock valued at $30,000 after buying an additional 1,435 shares during the period. MAI Capital Management boosted its stake in Coeur Mining by 36.4% in the third quarter. MAI Capital Management now owns 5,704 shares of the basic materials company’s stock valued at $107,000 after acquiring an additional 1,521 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its holdings in Coeur Mining by 20.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 9,494 shares of the basic materials company’s stock worth $178,000 after acquiring an additional 1,600 shares during the period. 63.01% of the stock is owned by institutional investors.

Coeur Mining Stock Down 1.5%

NYSE:CDE opened at $23.77 on Thursday. Coeur Mining, Inc. has a 1 year low of $4.58 and a 1 year high of $27.77. The stock has a 50-day moving average price of $22.15 and a two-hundred day moving average price of $18.45. The stock has a market cap of $15.26 billion, a price-to-earnings ratio of 27.32 and a beta of 1.16. The company has a current ratio of 2.47, a quick ratio of 1.66 and a debt-to-equity ratio of 0.10.

Coeur Mining (NYSE:CDE) last issued its quarterly earnings data on Wednesday, February 18th. The basic materials company reported $0.35 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.08). Coeur Mining had a net margin of 28.31% and a return on equity of 18.75%. The business had revenue of $674.85 million during the quarter, compared to analyst estimates of $668.70 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. Coeur Mining’s revenue for the quarter was up 120.9% compared to the same quarter last year. As a group, equities analysts expect that Coeur Mining, Inc. will post 0.58 earnings per share for the current year.

Wall Street Analysts Forecast Growth

CDE has been the topic of several recent research reports. Canaccord Genuity Group lowered Coeur Mining from a “buy” rating to a “hold” rating in a research report on Friday, February 20th. Zacks Research lowered Coeur Mining from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 20th. Royal Bank Of Canada raised their target price on Coeur Mining from $22.00 to $26.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. Wall Street Zen upgraded Coeur Mining from a “hold” rating to a “buy” rating in a research report on Sunday, December 21st. Finally, TD Securities increased their price target on shares of Coeur Mining from $23.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Two research analysts have rated the stock with a Strong Buy rating, five have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Coeur Mining currently has an average rating of “Moderate Buy” and a consensus target price of $20.88.

Coeur Mining Company Profile

Coeur Mining, Inc is a publicly traded precious metals mining company headquartered in Chicago, Illinois. The company specializes in the exploration, development and production of silver and gold deposits, with a focus on high-grade underground and open-pit operations. Through a combination of operating mines and advanced exploration projects, Coeur Mining seeks to deliver consistent production of silver and gold bullion while maintaining industry standards for safety, environmental stewardship and cost management.

Coeur Mining’s portfolio includes five principal operating mines and several exploration projects across North America and Australia.