Sapient Capital LLC Buys Shares of 11,625 Eldorado Gold Co. (NYSE:EGO)

Sapient Capital LLC purchased a new stake in shares of Eldorado Gold Co. (NYSE:EGO) (TSE:ELD) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 11,625 shares of the basic materials company’s stock, valued at approximately $151,000.

Other institutional investors have also bought and sold shares of the company. Triasima Portfolio Management inc. bought a new stake in shares of Eldorado Gold in the 4th quarter worth $18,548,000. American Century Companies Inc. lifted its holdings in Eldorado Gold by 55.3% in the 3rd quarter. American Century Companies Inc. now owns 1,269,694 shares of the basic materials company’s stock valued at $11,322,000 after acquiring an additional 452,226 shares during the last quarter. Vanguard Group Inc. boosted its position in shares of Eldorado Gold by 2.0% during the 3rd quarter. Vanguard Group Inc. now owns 6,694,600 shares of the basic materials company’s stock valued at $59,649,000 after purchasing an additional 128,430 shares in the last quarter. Swiss National Bank lifted its stake in Eldorado Gold by 11.4% during the third quarter. Swiss National Bank now owns 448,320 shares of the basic materials company’s stock valued at $4,034,000 after purchasing an additional 46,000 shares during the last quarter. Finally, Gabelli Funds LLC boosted its holdings in Eldorado Gold by 9.2% during the third quarter. Gabelli Funds LLC now owns 1,965,000 shares of the basic materials company’s stock worth $17,508,000 after buying an additional 165,700 shares in the last quarter. Institutional investors and hedge funds own 69.58% of the company’s stock.

Eldorado Gold Stock Up 1.0 %

NYSE EGO opened at $15.09 on Thursday. Eldorado Gold Co. has a twelve month low of $8.30 and a twelve month high of $16.07. The stock has a market cap of $3.08 billion, a PE ratio of 26.46, a PEG ratio of 4.90 and a beta of 1.12. The firm has a 50-day simple moving average of $13.92 and a 200 day simple moving average of $12.60. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.52 and a current ratio of 3.50.

Eldorado Gold (NYSE:EGO) (TSE:ELD) last issued its earnings results on Friday, April 26th. The basic materials company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.12. Eldorado Gold had a net margin of 11.43% and a return on equity of 4.47%. The business had revenue of $257.97 million for the quarter. During the same quarter last year, the firm posted $0.11 earnings per share. On average, research analysts forecast that Eldorado Gold Co. will post 0.95 EPS for the current year.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on EGO shares. Stifel Canada downgraded Eldorado Gold from a “buy” rating to a “hold” rating in a research report on Friday, January 26th. CIBC lifted their price target on Eldorado Gold from $16.50 to $18.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 7th. StockNews.com lowered shares of Eldorado Gold from a “buy” rating to a “hold” rating in a research note on Saturday, May 4th. TD Securities dropped their target price on shares of Eldorado Gold from $14.50 to $13.00 and set a “hold” rating on the stock in a research report on Monday, February 26th. Finally, National Bank Financial reaffirmed an “outperform spec overweight” rating on shares of Eldorado Gold in a research note on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, Eldorado Gold currently has a consensus rating of “Hold” and a consensus price target of $13.30.

About Eldorado Gold

Eldorado Gold Corporation, together with its subsidiaries, engages in the mining, exploration, development, and sale of mineral products primarily in Turkey, Canada, Greece, and Romania. The company primarily produces gold, as well as silver, lead, and zinc. It holds a 100% interest in the Kisladag and Efemçukuru mines located in Turkey; Lamaque complex located in Canada; and Olympias, Stratoni, Skouries, Perama Hill, and Sapes gold mines located in Greece, as well as the 80.5% interest in Certej development projects located in Romania.