This news out today:
https://stockcharts.com/h-sc/ui?s=cde
A number of hedge funds and other institutional investors have recently made changes to their positions in CDE. Norges Bank acquired a new stake in Coeur Mining during the fourth quarter valued at approximately $7,183,000. Dimensional Fund Advisors LP raised its stake in Coeur Mining by 11.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 15,719,591 shares of the basic materials company’s stock valued at $70,266,000 after buying an additional 1,559,563 shares in the last quarter. Deutsche Bank AG raised its stake in Coeur Mining by 107.9% during the fourth quarter. Deutsche Bank AG now owns 1,953,092 shares of the basic materials company’s stock valued at $8,729,000 after buying an additional 1,013,536 shares in the last quarter. BlackRock Inc. grew its holdings in shares of Coeur Mining by 7.1% during the fourth quarter. BlackRock Inc. now owns 13,712,933 shares of the basic materials company’s stock valued at $61,297,000 after purchasing an additional 914,807 shares during the last quarter. Finally, Macquarie Group Ltd. grew its holdings in shares of Coeur Mining by 10.6% during the fourth quarter. Macquarie Group Ltd. now owns 4,615,285 shares of the basic materials company’s stock valued at $20,630,000 after purchasing an additional 443,668 shares during the last quarter. Hedge funds and other institutional investors own 65.90% of the company’s stock.
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Coeur Mining (NYSE:CDE) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks.com reports.
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