Two Sigma Securities LLC Purchases New Holdings in Tahoe Resources Inc (TAHO)

Two Sigma Securities LLC purchased a new position in shares of Tahoe Resources Inc (NYSE:TAHO) (TSE:THO) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 23,671 shares of the basic materials company’s stock, valued at approximately $113,000.

Several other hedge funds also recently bought and sold shares of TAHO. Bourgeon Capital Management LLC acquired a new stake in shares of Tahoe Resources during the fourth quarter worth approximately $120,000. Tower Research Capital LLC TRC boosted its holdings in shares of Tahoe Resources by 454.4% during the fourth quarter. Tower Research Capital LLC TRC now owns 27,127 shares of the basic materials company’s stock worth $130,000 after purchasing an additional 22,234 shares during the period. State of Alaska Department of Revenue acquired a new stake in shares of Tahoe Resources during the fourth quarter worth approximately $132,000. MANA Advisors LLC acquired a new stake in shares of Tahoe Resources during the fourth quarter worth approximately $136,000. Finally, Virtu Financial LLC acquired a new stake in shares of Tahoe Resources during the third quarter worth approximately $139,000. Institutional investors and hedge funds own 62.94% of the company’s stock.

How to Become a New Pot Stock Millionaire

Shares of Tahoe Resources stock opened at $4.83 on Thursday. The stock has a market cap of $1,463.79, a P/E ratio of 17.33, a price-to-earnings-growth ratio of 3.47 and a beta of 0.25. Tahoe Resources Inc has a one year low of $3.76 and a one year high of $9.68.

Tahoe Resources (NYSE:TAHO) (TSE:THO) last posted its earnings results on Thursday, February 22nd. The basic materials company reported ($0.06) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.02) by ($0.04). The business had revenue of $117.70 million during the quarter, compared to analyst estimates of $129.88 million. Tahoe Resources had a net margin of 11.15% and a return on equity of 3.18%. Tahoe Resources’s revenue was down 37.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.06 earnings per share. equities research analysts expect that Tahoe Resources Inc will post 0.27 EPS for the current fiscal year.

TAHO has been the subject of several research reports. Zacks Investment Research cut shares of Tahoe Resources from a “hold” rating to a “sell” rating in a report on Thursday, January 25th. Credit Suisse Group cut shares of Tahoe Resources from an “outperform” rating to a “neutral” rating in a report on Friday, January 26th. Finally, ValuEngine cut shares of Tahoe Resources from a “hold” rating to a “sell” rating in a report on Thursday, March 1st. Three research analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold”.

COPYRIGHT VIOLATION WARNING: This piece of content was reported by Ticker Report and is the property of of Ticker Report. If you are accessing this piece of content on another website, it was copied illegally and republished in violation of United States & international copyright legislation. The legal version of this piece of content can be read at https://www.tickerreport.com/banking-finance/3288919/two-sigma-securities-llc-purchases-new-holdings-in-tahoe-resources-inc-taho.html.

Tahoe Resources Company Profile

Tahoe Resources Inc is a mine operations, and mineral exploration and development company. The Company’s principal business activities are the exploration, development, operation and acquisition of mineral properties for the mining of precious metals in the Americas. Its business involves operating the Escobal mine, a silver mining operation located in southeastern Guatemala, the La Arena and Shahuindo mines, gold mining operations located in northwestern Peru, and the Bell Creek mine and mill and the Timmins West mine, gold mining operations located in northeastern Ontario, Canada.

Want to see what other hedge funds are holding TAHO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tahoe Resources Inc (NYSE:TAHO) (TSE:THO).

Institutional Ownership by Quarter for Tahoe Resources (NYSE:TAHO)

Receive News & Ratings for Tahoe Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tahoe Resources and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Zacks: Brokerages Anticipate Outfront Media  to Announce $0.28 Earnings Per Share
Zacks: Brokerages Anticipate Outfront Media to Announce $0.28 Earnings Per Share
Alnylam Pharmaceuticals, Inc.  Given Consensus Rating of “Buy” by Brokerages
Alnylam Pharmaceuticals, Inc. Given Consensus Rating of “Buy” by Brokerages
Lamb Weston  Receives News Sentiment Score of 0.21
Lamb Weston Receives News Sentiment Score of 0.21
Zynga  Receives $4.22 Average Target Price from Analysts
Zynga Receives $4.22 Average Target Price from Analysts
Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Hyatt  Stock Price
Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Hyatt Stock Price
Fibria  Earning Somewhat Favorable Media Coverage, Analysis Finds
Fibria Earning Somewhat Favorable Media Coverage, Analysis Finds


© 2006-2018 Ticker Report. Google+.