8,110 Shares in Agnico Eagle Mines Limited (NYSE:AEM) Acquired by Union Bancaire Privee UBP SA

Union Bancaire Privee UBP SA purchased a new stake in shares of Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 8,110 shares of the mining company’s stock, valued at approximately $602,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Fifth Third Bancorp increased its holdings in Agnico Eagle Mines by 176.9% during the 4th quarter. Fifth Third Bancorp now owns 407 shares of the mining company’s stock valued at $32,000 after purchasing an additional 260 shares in the last quarter. Brighton Jones LLC increased its stake in shares of Agnico Eagle Mines by 11.5% in the 4th quarter. Brighton Jones LLC now owns 3,216 shares of the mining company’s stock valued at $252,000 after buying an additional 331 shares during the period. Fiduciary Family Office LLC acquired a new stake in shares of Agnico Eagle Mines in the 4th quarter valued at $290,000. Janney Montgomery Scott LLC increased its stake in shares of Agnico Eagle Mines by 6.3% in the 4th quarter. Janney Montgomery Scott LLC now owns 51,695 shares of the mining company’s stock valued at $4,043,000 after buying an additional 3,059 shares during the period. Finally, Perfromance Wealth Partners LLC increased its stake in shares of Agnico Eagle Mines by 104.3% in the 4th quarter. Perfromance Wealth Partners LLC now owns 11,353 shares of the mining company’s stock valued at $888,000 after buying an additional 5,795 shares during the period. 68.34% of the stock is owned by institutional investors and hedge funds.

Agnico Eagle Mines Stock Up 0.5 %

Shares of Agnico Eagle Mines stock opened at $89.94 on Wednesday. The company has a quick ratio of 0.83, a current ratio of 1.75 and a debt-to-equity ratio of 0.06. Agnico Eagle Mines Limited has a 12 month low of $44.37 and a 12 month high of $90.49. The business has a fifty day simple moving average of $83.16 and a 200 day simple moving average of $81.26. The stock has a market cap of $45.18 billion, a PE ratio of 44.97, a price-to-earnings-growth ratio of 0.60 and a beta of 1.08.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Scotiabank lifted their target price on Agnico Eagle Mines from $103.00 to $105.00 and gave the company a “sector outperform” rating in a research note on Tuesday, January 21st. Jefferies Financial Group lifted their target price on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a research note on Tuesday, January 7th. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $90.50.

Agnico Eagle Mines Profile

Agnico Eagle Mines Limited, a gold mining company, exploration, development, and production of precious metals. It explores for gold. The company's mines are located in Canada, Australia, Finland and Mexico, with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States.