SBI Securities Co. Ltd. Has $346,000 Position in Coeur Mining, Inc. $CDE

SBI Securities Co. Ltd. lessened its position in Coeur Mining, Inc. (NYSE:CDE) by 61.4% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 18,465 shares of the basic materials company’s stock after selling 29,403 shares during the period. SBI Securities Co. Ltd.’s holdings in Coeur Mining were worth $346,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Savant Capital LLC lifted its holdings in Coeur Mining by 2.3% during 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. increased its stake in shares of Coeur Mining by 1.8% in the 2nd 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 increased its position 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 worth $30,000 after purchasing an additional 1,435 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Coeur Mining by 7.2% during the 2nd quarter. Janney Montgomery Scott LLC now owns 23,702 shares of the basic materials company’s stock worth $210,000 after buying an additional 1,602 shares during the period. Finally, California State Teachers Retirement System grew its holdings in Coeur Mining by 0.3% during the 2nd quarter. California State Teachers Retirement System now owns 590,900 shares of the basic materials company’s stock worth $5,235,000 after acquiring an additional 1,774 shares during the period. Institutional investors own 63.01% of the company’s stock.

Coeur Mining Trading Up 12.2%

Shares of Coeur Mining stock opened at $21.45 on Monday. The business has a fifty day simple moving average of $19.67 and a two-hundred day simple moving average of $16.77. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.00 and a quick ratio of 1.10. The company has a market capitalization of $13.77 billion, a price-to-earnings ratio of 32.50 and a beta of 1.21. Coeur Mining, Inc. has a 1 year low of $4.58 and a 1 year high of $27.77.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CDE shares. Roth Mkm increased their target price on Coeur Mining from $20.00 to $23.00 and gave the company a “buy” rating in a research note on Monday, December 15th. Weiss Ratings cut Coeur Mining from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 29th. Zacks Research upgraded shares of Coeur Mining from a “hold” rating to a “strong-buy” rating in a report on Monday, December 29th. Wall Street Zen raised shares of Coeur Mining from a “hold” rating to a “buy” rating in a research note on Sunday, December 21st. Finally, TD Securities upped their price objective on Coeur Mining from $23.00 to $25.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. Three analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and an average price target of $18.17.

About Coeur Mining

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.