Moody Lynn & Lieberson LLC Sells 42,560 Shares of Agnico Eagle Mines Limited (NYSE:AEM)

Moody Lynn & Lieberson LLC lowered its position in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 87.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 5,913 shares of the mining company’s stock after selling 42,560 shares during the quarter. Moody Lynn & Lieberson LLC’s holdings in Agnico Eagle Mines were worth $462,000 as of its most recent SEC filing.

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

Agnico Eagle Mines Stock Performance

Shares of AEM opened at $89.80 on Friday. The company has a current ratio of 1.75, a quick ratio of 0.83 and a debt-to-equity ratio of 0.06. The firm has a market cap of $45.10 billion, a PE ratio of 44.90, a P/E/G ratio of 0.60 and a beta of 1.08. Agnico Eagle Mines Limited has a 12 month low of $44.37 and a 12 month high of $90.49. The stock has a fifty day moving average price of $82.82 and a 200-day moving average price of $80.99.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on AEM. Scotiabank increased their price objective on shares of 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 price target on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a report on Tuesday, January 7th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, Agnico Eagle Mines presently 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.