AGF Investments Inc. decreased its holdings in Tahoe Resources, Inc. (NYSE:TAHO) (TSE:THO) by 33.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 800,890 shares of the basic materials company’s stock after selling 394,006 shares during the quarter. AGF Investments Inc. owned about 0.26% of Tahoe Resources worth $4,211,000 as of its most recent filing with the SEC.

Other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp increased its position in shares of Tahoe Resources by 43.8% in the second quarter. Van ECK Associates Corp now owns 32,498,949 shares of the basic materials company’s stock valued at $280,141,000 after buying an additional 9,901,125 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Tahoe Resources by 144.8% in the second quarter. Franklin Resources Inc. now owns 32,245,663 shares of the basic materials company’s stock valued at $278,086,000 after buying an additional 19,075,308 shares in the last quarter. First Eagle Investment Management LLC increased its position in shares of Tahoe Resources by 11.7% in the third quarter. First Eagle Investment Management LLC now owns 7,516,667 shares of the basic materials company’s stock valued at $39,540,000 after buying an additional 789,498 shares in the last quarter. Vanguard Group Inc. increased its position in shares of Tahoe Resources by 5.8% in the second quarter. Vanguard Group Inc. now owns 6,535,633 shares of the basic materials company’s stock valued at $56,338,000 after buying an additional 355,413 shares in the last quarter. Finally, TD Asset Management Inc. increased its position in shares of Tahoe Resources by 11.1% in the second quarter. TD Asset Management Inc. now owns 4,880,436 shares of the basic materials company’s stock valued at $42,014,000 after buying an additional 486,534 shares in the last quarter. Hedge funds and other institutional investors own 64.44% of the company’s stock.

Shares of Tahoe Resources, Inc. (NYSE:TAHO) traded down $0.12 during mid-day trading on Wednesday, hitting $4.40. The stock had a trading volume of 1,956,300 shares, compared to its average volume of 3,047,901. The stock has a market capitalization of $1,410.00, a PE ratio of 11.49, a P/E/G ratio of 2.72 and a beta of 0.42. Tahoe Resources, Inc. has a twelve month low of $4.24 and a twelve month high of $11.43.

Tahoe Resources (NYSE:TAHO) (TSE:THO) last posted its quarterly earnings data on Monday, November 6th. The basic materials company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of ($0.01) by ($0.01). The company had revenue of $155.20 million for the quarter, compared to analyst estimates of $127.12 million. Tahoe Resources had a net margin of 12.44% and a return on equity of 4.57%. The firm’s revenue was down 33.9% on a year-over-year basis. During the same period in the previous year, the business earned $0.21 EPS. equities analysts expect that Tahoe Resources, Inc. will post 0.33 earnings per share for the current fiscal year.

A number of research analysts have recently weighed in on TAHO shares. Credit Suisse Group upgraded Tahoe Resources from a “neutral” rating to an “outperform” rating in a research report on Monday, September 11th. BidaskClub cut Tahoe Resources from a “sell” rating to a “strong sell” rating in a research report on Wednesday, October 18th. BMO Capital Markets upgraded Tahoe Resources from a “market perform” rating to an “outperform” rating in a research report on Monday, September 11th. Finally, ValuEngine cut Tahoe Resources from a “buy” rating to a “hold” rating in a research report on Friday, September 1st. One analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the stock. Tahoe Resources presently has a consensus rating of “Hold” and an average price target of $15.00.

ILLEGAL ACTIVITY NOTICE: “Tahoe Resources, Inc. (TAHO) Shares Sold by AGF Investments Inc.” was first published by Daily Political and is owned by of Daily Political. If you are accessing this piece on another site, it was illegally copied and republished in violation of international copyright and trademark laws. The correct version of this piece can be read at https://www.dailypolitical.com/2017/11/29/tahoe-resources-inc-taho-shares-sold-by-agf-investments-inc.html.

About Tahoe Resources

Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.

Want to see what other hedge funds are holding TAHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tahoe Resources, Inc. (NYSE:TAHO) (TSE:THO).

Institutional Ownership by Quarter for Tahoe Resources (NYSE:TAHO)

Receive News & Ratings for Tahoe Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tahoe Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.