Thurston Springer Miller Herd & Titak Inc. Has $153,000 Stock Holdings in Agnico Eagle Mines Limited (NYSE:AEM)

Thurston Springer Miller Herd & Titak Inc. raised its stake in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 46.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,961 shares of the mining company’s stock after purchasing an additional 620 shares during the period. Thurston Springer Miller Herd & Titak Inc.’s holdings in Agnico Eagle Mines were worth $153,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Rockland Trust Co. bought a new position in Agnico Eagle Mines in the 4th quarter valued at about $308,000. Pinnacle Wealth Management Group Inc. grew its position in shares of Agnico Eagle Mines by 0.5% in the fourth quarter. Pinnacle Wealth Management Group Inc. now owns 24,407 shares of the mining company’s stock valued at $1,909,000 after purchasing an additional 125 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of Agnico Eagle Mines during the fourth quarter worth approximately $156,000. Miracle Mile Advisors LLC lifted its holdings in Agnico Eagle Mines by 11.9% during the 4th quarter. Miracle Mile Advisors LLC now owns 3,281 shares of the mining company’s stock worth $257,000 after purchasing an additional 348 shares during the last quarter. Finally, JCIC Asset Management Inc. bought a new stake in Agnico Eagle Mines in the 4th quarter valued at $6,441,000. 68.34% of the stock is owned by institutional investors.

Agnico Eagle Mines Stock Down 0.2 %

Shares of NYSE AEM opened at $84.14 on Friday. The stock has a market capitalization of $42.23 billion, a P/E ratio of 42.07, a PEG ratio of 0.56 and a beta of 1.08. The stock’s fifty day moving average is $81.70 and its 200 day moving average is $80.06. Agnico Eagle Mines Limited has a 52 week low of $44.37 and a 52 week high of $89.00. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.83 and a current ratio of 1.75.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group increased their price objective on Agnico Eagle Mines from $85.00 to $88.00 and gave the stock a “hold” rating in a research report on Tuesday, January 7th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $89.13.

Agnico Eagle Mines Company 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.