BlueCrest Capital Management Ltd grew its stake in shares of Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) by 1,304.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 481,877 shares of the basic materials company’s stock after purchasing an additional 447,575 shares during the quarter. BlueCrest Capital Management Ltd’s holdings in Yamana Gold were worth $1,503,000 at the end of the most recent quarter.
Several other large investors also recently made changes to their positions in AUY. Timber Hill LLC boosted its holdings in shares of Yamana Gold by 233.3% during the third quarter. Timber Hill LLC now owns 38,716 shares of the basic materials company’s stock worth $103,000 after purchasing an additional 27,100 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Yamana Gold by 16.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 46,795 shares of the basic materials company’s stock worth $114,000 after purchasing an additional 6,616 shares during the period. Creative Planning boosted its holdings in shares of Yamana Gold by 171.1% during the fourth quarter. Creative Planning now owns 37,072 shares of the basic materials company’s stock worth $116,000 after purchasing an additional 23,399 shares during the period. Exane Derivatives boosted its holdings in shares of Yamana Gold by 718.0% during the fourth quarter. Exane Derivatives now owns 38,373 shares of the basic materials company’s stock worth $119,000 after purchasing an additional 33,682 shares during the period. Finally, Virtu Financial LLC boosted its holdings in shares of Yamana Gold by 444.0% during the third quarter. Virtu Financial LLC now owns 239,475 shares of the basic materials company’s stock worth $198,000 after purchasing an additional 195,452 shares during the period. 46.48% of the stock is currently owned by hedge funds and other institutional investors.
Shares of Yamana Gold Inc. (AUY) opened at $2.61 on Tuesday. The company has a quick ratio of 0.87, a current ratio of 1.08 and a debt-to-equity ratio of 0.39. Yamana Gold Inc. has a 1-year low of $2.21 and a 1-year high of $3.80. The company has a market cap of $2,490.00, a PE ratio of -13.05 and a beta of 0.88.
Yamana Gold (NYSE:AUY) (TSE:YRI) last issued its quarterly earnings data on Thursday, February 15th. The basic materials company reported $0.06 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.03. Yamana Gold had a negative net margin of 10.44% and a positive return on equity of 1.87%. The business had revenue of $478.80 million during the quarter. equities analysts anticipate that Yamana Gold Inc. will post 0.14 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Shareholders of record on Thursday, March 29th will be issued a $0.005 dividend. The ex-dividend date is Wednesday, March 28th. This represents a $0.02 annualized dividend and a yield of 0.77%. Yamana Gold’s dividend payout ratio (DPR) is presently -10.00%.
A number of research firms have recently weighed in on AUY. Zacks Investment Research upgraded shares of Yamana Gold from a “sell” rating to a “hold” rating in a report on Thursday, March 1st. Scotiabank dropped their target price on shares of Yamana Gold from $3.50 to $3.25 and set a “sector perform” rating for the company in a report on Wednesday, February 21st. TD Securities dropped their target price on shares of Yamana Gold from $4.50 to $4.25 and set a “buy” rating for the company in a report on Tuesday, February 20th. Macquarie upgraded shares of Yamana Gold from a “neutral” rating to an “outperform” rating in a report on Friday, February 9th. Finally, ValuEngine lowered shares of Yamana Gold from a “hold” rating to a “sell” rating in a report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, six have given a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $3.66.
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Yamana Gold Profile
Yamana Gold Inc is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The Company’s segments include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc (Brio Gold), and Corporate and other.
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