Colony Group LLC continued to hold its position in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,365 shares of the mining company’s stock at the close of the second quarter. Colony Group LLC’s holdings in Agnico Eagle Mines Limited were worth $332,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of AEM. FMR LLC increased its holdings in shares of Agnico Eagle Mines Limited by 10.9% in the second quarter. FMR LLC now owns 11,617,737 shares of the mining company’s stock valued at $523,909,000 after purchasing an additional 1,141,509 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Agnico Eagle Mines Limited by 6.9% in the second quarter. Vanguard Group Inc. now owns 5,444,848 shares of the mining company’s stock valued at $245,672,000 after purchasing an additional 352,417 shares in the last quarter. Prudential PLC increased its holdings in shares of Agnico Eagle Mines Limited by 0.9% in the second quarter. Prudential PLC now owns 3,076,790 shares of the mining company’s stock valued at $138,825,000 after purchasing an additional 28,309 shares in the last quarter. TD Asset Management Inc. increased its holdings in shares of Agnico Eagle Mines Limited by 3.1% in the second quarter. TD Asset Management Inc. now owns 2,861,685 shares of the mining company’s stock valued at $128,860,000 after purchasing an additional 86,145 shares in the last quarter. Finally, APG Asset Management N.V. increased its holdings in shares of Agnico Eagle Mines Limited by 0.5% in the second quarter. APG Asset Management N.V. now owns 2,544,012 shares of the mining company’s stock valued at $148,774,000 after purchasing an additional 11,959 shares in the last quarter. Institutional investors own 59.00% of the company’s stock.

A number of analysts recently weighed in on the stock. TD Securities raised their price target on shares of Agnico Eagle Mines Limited from $48.00 to $52.00 and gave the company a “hold” rating in a report on Thursday, August 3rd. Zacks Investment Research lowered shares of Agnico Eagle Mines Limited from a “buy” rating to a “hold” rating in a report on Friday, October 6th. BMO Capital Markets reissued a “hold” rating and issued a $47.00 price target on shares of Agnico Eagle Mines Limited in a report on Monday, October 2nd. Royal Bank Of Canada reissued a “hold” rating and issued a $54.00 price target on shares of Agnico Eagle Mines Limited in a report on Thursday, August 24th. Finally, National Bank Financial reissued an “outperform market weight” rating on shares of Agnico Eagle Mines Limited in a report on Friday, September 8th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the company’s stock. Agnico Eagle Mines Limited currently has a consensus rating of “Hold” and an average price target of $54.44.

Agnico Eagle Mines Limited (NYSE AEM) traded down 0.90% during mid-day trading on Monday, reaching $46.28. 138,766 shares of the company’s stock were exchanged. The stock has a 50-day moving average of $47.80 and a 200-day moving average of $46.73. The firm has a market cap of $10.41 billion, a price-to-earnings ratio of 66.11 and a beta of -0.76. Agnico Eagle Mines Limited has a 12 month low of $35.05 and a 12 month high of $53.17.

Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) last announced its quarterly earnings results on Wednesday, July 26th. The mining company reported $0.26 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.16 by $0.10. Agnico Eagle Mines Limited had a net margin of 11.32% and a return on equity of 5.38%. The firm had revenue of $549.88 million during the quarter, compared to analysts’ expectations of $529.43 million. During the same period in the prior year, the company posted $0.16 EPS. The company’s revenue was up 2.3% on a year-over-year basis. Analysts anticipate that Agnico Eagle Mines Limited will post $0.82 earnings per share for the current year.

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About Agnico Eagle Mines Limited

Agnico Eagle Mines Limited is a gold producer with mining operations in northwestern Quebec, northern Mexico, northern Finland and Nunavut and exploration activities in Canada, Europe, Latin America and the United States. The Company operates through three business units. The Northern Business consists of its operations in Canada and Finland.

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

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