Hecla Mining (NYSE:HL) Position Cut by Thrivent Financial for Lutherans
Posted by MarketBeat News on Apr 1st, 2025 Thrivent Financial for Lutherans lowered its position in shares of Hecla Mining (NYSE:HL – Free Report) by 28.8% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 253,561 shares of the basic materials company’s stock after selling 102,328 shares during the period. Thrivent Financial for Lutherans’ holdings in Hecla Mining were worth $1,245,000 as of its most recent filing with the SEC. Other large investors have also modified their holdings of the company. Counterpoint Mutual Funds LLC bought a new position in Hecla Mining in the 4th quarter worth approximately $320,000. Cibc World Markets Corp bought a new position in shares of Hecla Mining in the fourth quarter worth $270,000. First Eagle Investment Management LLC increased its holdings in shares of Hecla Mining by 11.0% during the fourth quarter. First Eagle Investment Management LLC now owns 1,892,228 shares of the basic materials company’s stock valued at $9,291,000 after purchasing an additional 187,400 shares during the period. Wellington Shields Capital Management LLC raised its stake in shares of Hecla Mining by 74.7% during the fourth quarter. Wellington Shields Capital Management LLC now owns 137,150 shares of the basic materials company’s stock valued at $673,000 after purchasing an additional 58,650 shares in the last quarter. Finally, Swiss National Bank lifted its holdings in Hecla Mining by 1.3% in the fourth quarter. Swiss National Bank now owns 1,176,662 shares of the basic materials company’s stock worth $5,777,000 after purchasing an additional 15,200 shares during the period. Institutional investors and hedge funds own 63.01% of the company’s stock. Hecla Mining Price Performance Shares of NYSE:HL opened at $5.56 on Tuesday. The company has a market capitalization of $3.51 billion, a PE ratio of 111.12 and a beta of 1.94. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.55 and a current ratio of 1.08. The stock has a fifty day moving average of $5.61 and a 200-day moving average of $5.84. Hecla Mining has a one year low of $4.41 and a one year high of $7.68. Hecla Mining (NYSE:HL – Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The basic materials company reported $0.04 earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.01). The company had revenue of $249.66 million during the quarter, compared to analyst estimates of $229.21 million. Hecla Mining had a net margin of 3.85% and a return on equity of 3.10%. As a group, equities analysts anticipate that Hecla Mining will post 0.21 EPS for the current fiscal year. Hecla Mining Cuts Dividend The company also recently declared a quarterly dividend, which was paid on Monday, March 24th. Stockholders of record on Monday, March 10th were issued a dividend of $0.0038 per share. The ex-dividend date of this dividend was Monday, March 10th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.27%. Hecla Mining’s dividend payout ratio is currently 20.00%. Insider Activity at Hecla Mining In other Hecla Mining news, VP Kurt Allen sold 9,195 shares of Hecla Mining stock in a transaction dated Wednesday, February 26th. The stock was sold at an average price of $5.18, for a total transaction of $47,630.10. Following the transaction, the vice president now owns 104,512 shares of the company’s stock, valued at $541,372.16. The trade was a 8.09 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Robert Krcmarov purchased 6,570 shares of Hecla Mining stock in a transaction dated Wednesday, February 19th. The stock was bought at an average cost of $5.29 per share, with a total value of $34,755.30. Following the completion of the transaction, the chief executive officer now directly owns 331,856 shares of the company’s stock, valued at $1,755,518.24. This represents a 2.02 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders sold 57,915 shares of company stock worth $300,000. 1.40% of the stock is owned by corporate insiders. Wall Street Analyst Weigh In A number of analysts have recently weighed in on HL shares. National Bank Financial raised shares of Hecla Mining to a “hold” rating in a research note on Friday, March 21st. HC Wainwright restated a “buy” rating and issued a $11.50 target price on shares of Hecla Mining in a research report on Friday, February 14th. Roth Mkm lowered their price target on Hecla Mining from $6.60 to $6.50 and set a “buy” rating on the stock in a research report on Tuesday, February 18th. StockNews.com upgraded Hecla Mining from a “sell” rating to a “hold” rating in a report on Monday, February 17th. Finally, TD Securities lowered Hecla Mining from a “buy” rating to a “hold” rating and lowered their target price for the stock from $6.50 to $5.50 in a report on Tuesday, March 11th. Five investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $7.75. View Our Latest Report on HL About Hecla Mining (Free Report) Hecla Mining Company, together with its subsidiaries, provides precious and base metal properties in the United States, Canada, Japan, Korea, and China. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and doré containing silver and gold. Read More Five stocks we like better than Hecla Mining Russell 2000 Index, How Investors Use it For Profitable Trading 3 Buyable Stocks With Solid Bottoms Ready to Rebound What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story Advantage+ Shopping: Meta’s Fast Growing $20 Billion AI-Ads Star How to Invest in Blue Chip Stocks Robotaxi News: What Tesla and Lyft Headlines Mean for Shares Want to see what other hedge funds are holding HL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hecla Mining (NYSE:HL – Free Report). 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