Stock News

As Agnico (AEM) Stock Value Rose, Violich Capital Management Has Increased Holding by $337,500; As Iberiabank (IBKC) Shares Declined, Brandywine Global Investment Management Trimmed by $2.23 Million Its Holding

Violich Capital Management Inc increased its stake in Agnico (AEM) by 29.33% based on its latest 2017Q3 regulatory filing with the SEC. Violich Capital Management Inc bought 7,500 shares as the company’s stock rose 5.17% with the market. The institutional investor held 33,075 shares of the precious metals company at the end of 2017Q3, valued at $1.50 million, up from 25,575 at the end of the previous reported quarter. Violich Capital Management Inc who had been investing in Agnico for a number of months, seems to be bullish on the $9.93B market cap company. The stock decreased 4.43% or $2 during the last trading session, reaching $43.1. About 3.76M shares traded or 173.41% up from the average. Agnico Eagle Mines Limited (NYSE:AEM) has risen 7.82% since February 20, 2017 and is uptrending. It has underperformed by 8.88% the S&P500.

Brandywine Global Investment Management Llc decreased its stake in Iberiabank Corp (IBKC) by 19.94% based on its latest 2017Q3 regulatory filing with the SEC. Brandywine Global Investment Management Llc sold 27,159 shares as the company’s stock declined 7.92% while stock markets rallied. The institutional investor held 109,050 shares of the major banks company at the end of 2017Q3, valued at $8.96M, down from 136,209 at the end of the previous reported quarter. Brandywine Global Investment Management Llc who had been investing in Iberiabank Corp for a number of months, seems to be less bullish one the $4.54B market cap company. The stock increased 0.90% or $0.75 during the last trading session, reaching $84.3. About 219,015 shares traded. IBERIABANK Corporation (NASDAQ:IBKC) has risen 31.12% since February 20, 2017 and is uptrending. It has outperformed by 14.42% the S&P500.

Among 17 analysts covering Agnico-Eagle Mines (NYSE:AEM), 11 have Buy rating, 0 Sell and 6 Hold. Therefore 65% are positive. Agnico-Eagle Mines had 47 analyst reports since July 24, 2015 according to SRatingsIntel. Raymond James downgraded Agnico Eagle Mines Limited (NYSE:AEM) on Monday, March 14 to “Market Perform” rating. UBS downgraded the stock to “Neutral” rating in Monday, March 28 report. JP Morgan upgraded the stock to “Overweight” rating in Wednesday, March 29 report. As per Monday, September 11, the company rating was maintained by Credit Suisse. RBC Capital Markets maintained Agnico Eagle Mines Limited (NYSE:AEM) rating on Monday, June 12. RBC Capital Markets has “Hold” rating and $5400 target. The company was downgraded on Wednesday, January 13 by TD Securities. BMO Capital Markets upgraded the stock to “Outperform” rating in Thursday, January 14 report. The rating was maintained by HSBC with “Buy” on Tuesday, September 8. The firm has “Neutral” rating given on Monday, April 18 by JP Morgan. Raymond James downgraded Agnico Eagle Mines Limited (NYSE:AEM) on Friday, October 16 to “Outperform” rating.

Since September 28, 2017, it had 0 insider buys, and 1 insider sale for $390,900 activity.

Brandywine Global Investment Management Llc, which manages about $52.46B and $15.78 billion US Long portfolio, upped its stake in Powell Inds Inc (NASDAQ:POWL) by 18,392 shares to 329,940 shares, valued at $9.90M in 2017Q3, according to the filing. It also increased its holding in Albemarle Corp (NYSE:ALB) by 2,709 shares in the quarter, for a total of 44,153 shares, and has risen its stake in Gilead Sciences Inc (NASDAQ:GILD).

Leave a Reply

Your email address will not be published. Required fields are marked *