Agnico Eagle Mines Limited (NYSE:AEM) Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. lessened its position in Agnico Eagle Mines Limited (NYSE:AEM) (TSE:AEM) by 1.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 369,253 shares of the mining company’s stock after selling 5,401 shares during the quarter. Agnico Eagle Mines accounts for approximately 1.8% of GW Henssler & Associates Ltd.’s portfolio, making the stock its 18th biggest position. GW Henssler & Associates Ltd.’s holdings in Agnico Eagle Mines were worth $29,747,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Pinnacle Wealth Management Group Inc. raised its stake 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 acquiring an additional 125 shares in the last quarter. Diversify Wealth Management LLC lifted its holdings in shares of Agnico Eagle Mines by 2.1% in the 4th quarter. Diversify Wealth Management LLC now owns 6,753 shares of the mining company’s stock valued at $569,000 after purchasing an additional 141 shares during the last quarter. Sapient Capital LLC boosted its holdings in shares of Agnico Eagle Mines by 1.3% in the third quarter. Sapient Capital LLC now owns 11,001 shares of the mining company’s stock valued at $886,000 after acquiring an additional 145 shares during the period. MassMutual Private Wealth & Trust FSB increased its stake in Agnico Eagle Mines by 34.1% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 649 shares of the mining company’s stock valued at $51,000 after purchasing an additional 165 shares during the period. Finally, Evanson Asset Management LLC increased its position in Agnico Eagle Mines by 5.2% in the 3rd quarter. Evanson Asset Management LLC now owns 4,023 shares of the mining company’s stock valued at $324,000 after acquiring an additional 200 shares during the period. Institutional investors and hedge funds own 68.34% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on AEM shares. Scotiabank upped their price objective on shares of Agnico Eagle Mines from $103.00 to $105.00 and gave the stock a “sector outperform” rating in a research report on Tuesday, January 21st. Jefferies Financial Group raised their price target on Agnico Eagle Mines from $85.00 to $88.00 and gave the company a “hold” rating in a research report on Tuesday, January 7th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $90.50.

Agnico Eagle Mines Stock Performance

NYSE AEM opened at $93.05 on Monday. 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 company has a market capitalization of $46.73 billion, a PE ratio of 46.52, a price-to-earnings-growth ratio of 0.60 and a beta of 1.08. The business’s 50-day moving average price is $83.69 and its 200 day moving average price is $81.61. Agnico Eagle Mines Limited has a twelve month low of $44.37 and a twelve month high of $95.38.

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.