Old Mutual Global Investors UK Ltd. boosted its holdings in shares of Coeur Mining, Inc. (NYSE:CDE) by 14.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,109,860 shares of the basic materials company’s stock after buying an additional 136,617 shares during the period. Old Mutual Global Investors UK Ltd. owned approximately 0.61% of Coeur Mining worth $10,199,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in CDE. UBS Asset Management Americas Inc. increased its position in Coeur Mining by 68.3% during the 1st quarter. UBS Asset Management Americas Inc. now owns 116,890 shares of the basic materials company’s stock valued at $944,000 after buying an additional 47,441 shares in the last quarter. Wellington Management Group LLP increased its position in Coeur Mining by 214.6% during the 1st quarter. Wellington Management Group LLP now owns 491,768 shares of the basic materials company’s stock valued at $3,973,000 after buying an additional 335,458 shares in the last quarter. Legal & General Group Plc increased its position in Coeur Mining by 30.5% during the 1st quarter. Legal & General Group Plc now owns 76,038 shares of the basic materials company’s stock valued at $610,000 after buying an additional 17,755 shares in the last quarter. Geode Capital Management LLC increased its position in Coeur Mining by 7.6% during the 1st quarter. Geode Capital Management LLC now owns 1,392,469 shares of the basic materials company’s stock valued at $11,251,000 after buying an additional 98,293 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Coeur Mining by 19.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,814,259 shares of the basic materials company’s stock valued at $22,738,000 after buying an additional 453,663 shares in the last quarter. 67.64% of the stock is currently owned by institutional investors.

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Shares of Coeur Mining, Inc. (NYSE:CDE) opened at $7.53 on Wednesday. Coeur Mining, Inc. has a one year low of $7.30 and a one year high of $12.30. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.51 and a current ratio of 3.68.

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

In other Coeur Mining news, VP Mark Spurbeck sold 15,000 shares of the stock in a transaction that occurred on Friday, November 3rd. The stock was sold at an average price of $7.42, for a total transaction of $111,300.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, COO Frank L. Jr. Hanagarne sold 28,800 shares of the stock in a transaction that occurred on Monday, August 28th. The stock was sold at an average price of $8.50, for a total value of $244,800.00. 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. 1.30% of the stock is currently owned by company insiders.

CDE has been the topic of several recent analyst reports. Royal Bank Of Canada reaffirmed a “buy” rating on shares of Coeur Mining in a research report on Friday, July 14th. Noble Financial reiterated a “hold” rating on shares of Coeur Mining in a research note on Friday, July 28th. BidaskClub downgraded Coeur Mining from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. Zacks Investment Research downgraded Coeur Mining from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Finally, ValuEngine downgraded Coeur Mining from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Three research analysts have rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $10.91.

About Coeur Mining

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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