Russell Investments Group Ltd. Buys 440,854 Shares of Taseko Mines Limited (NYSE:TGB)

Russell Investments Group Ltd. boosted its position in shares of Taseko Mines Limited (NYSE:TGB) by 52.5% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,280,126 shares of the company’s stock after purchasing an additional 440,854 shares during the quarter. Russell Investments Group Ltd. owned about 0.42% of Taseko Mines worth $2,483,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of TGB. Raymond James Financial Inc. bought a new stake in shares of Taseko Mines in the fourth quarter valued at about $1,070,000. American Century Companies Inc. lifted its position in shares of Taseko Mines by 16.8% in the 4th quarter. American Century Companies Inc. now owns 822,551 shares of the company’s stock worth $1,602,000 after purchasing an additional 118,597 shares during the period. Virtu Financial LLC bought a new position in shares of Taseko Mines during the fourth quarter valued at approximately $96,000. Barclays PLC increased its holdings in Taseko Mines by 353.3% during the third quarter. Barclays PLC now owns 79,323 shares of the company’s stock valued at $200,000 after buying an additional 61,823 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in Taseko Mines by 272.5% in the third quarter. BNP Paribas Financial Markets now owns 53,142 shares of the company’s stock worth $134,000 after buying an additional 38,876 shares in the last quarter. 17.94% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Separately, StockNews.com upgraded Taseko Mines from a “sell” rating to a “hold” rating in a report on Friday, April 11th.

Taseko Mines Trading Up 1.9 %

NYSE:TGB opened at $2.12 on Friday. The firm has a 50 day moving average of $2.15 and a 200 day moving average of $2.14. The company has a quick ratio of 1.05, a current ratio of 1.71 and a debt-to-equity ratio of 1.48. Taseko Mines Limited has a 52 week low of $1.67 and a 52 week high of $3.15. The stock has a market capitalization of $658.52 million, a price-to-earnings ratio of -70.67 and a beta of 1.48.

About Taseko Mines

Taseko Mines Limited, a mining company, acquires, develops, and operates mineral properties. It explores for copper, molybdenum, gold, niobium, and silver deposits. The company’s principal asset comprises 100% interest owned the Gibraltar mine located in British Columbia. It also holds interest in the Yellowhead copper project, the Aley niobium project, and the New Prosperity gold and copper project located in British Columbia; and the Florence copper project located in Arizona.