Two Sigma Securities LLC lowered its position in shares of Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) by 68.3% during the fourth quarter, Holdings Channel reports. The fund owned 46,040 shares of the basic materials company’s stock after selling 99,353 shares during the quarter. Two Sigma Securities LLC’s holdings in Yamana Gold were worth $144,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Mackenzie Financial Corp boosted its position in Yamana Gold by 1.7% during the third quarter. Mackenzie Financial Corp now owns 7,414,900 shares of the basic materials company’s stock valued at $19,649,000 after acquiring an additional 122,420 shares during the last quarter. ARP Americas LP bought a new stake in Yamana Gold during the fourth quarter valued at $402,000. Ameriprise Financial Inc. boosted its position in Yamana Gold by 8.6% during the third quarter. Ameriprise Financial Inc. now owns 4,945,509 shares of the basic materials company’s stock valued at $13,106,000 after acquiring an additional 391,534 shares during the last quarter. Deutsche Bank AG boosted its position in Yamana Gold by 16.4% during the fourth quarter. Deutsche Bank AG now owns 12,660,833 shares of the basic materials company’s stock valued at $39,500,000 after acquiring an additional 1,782,822 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its position in Yamana Gold by 36.5% during the third quarter. Russell Investments Group Ltd. now owns 303,424 shares of the basic materials company’s stock valued at $802,000 after acquiring an additional 81,198 shares during the last quarter. 46.47% of the stock is currently owned by institutional investors and hedge funds.
AUY stock opened at $2.62 on Wednesday. The stock has a market cap of $2,494.82, a PE ratio of 29.22 and a beta of 0.88. The company has a current ratio of 1.08, a quick ratio of 0.87 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.
Yamana Gold (NYSE:AUY) (TSE:YRI) last posted its earnings results on Thursday, February 15th. The basic materials company reported $0.06 earnings per share for the quarter, topping the Zacks’ 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 company had revenue of $478.80 million for the quarter. research analysts forecast that Yamana Gold Inc. will post 0.14 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Friday, April 13th. Investors 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 dividend on an annualized basis and a dividend yield of 0.76%. Yamana Gold’s dividend payout ratio is presently -9.52%.
A number of equities analysts have recently issued reports on the stock. TheStreet raised shares of Yamana Gold from a “d+” rating to a “c-” rating in a research report on Friday, December 29th. ValuEngine cut shares of Yamana Gold from a “hold” rating to a “sell” rating in a research report on Friday, February 2nd. Zacks Investment Research raised shares of Yamana Gold from a “sell” rating to a “hold” rating in a research report on Thursday, March 1st. Desjardins reissued a “hold” rating on shares of Yamana Gold in a research report on Monday, December 11th. Finally, BMO Capital Markets reissued a “hold” rating and set a $3.00 price objective on shares of Yamana Gold in a research report on Wednesday, December 20th. One research analyst has rated the stock with a sell rating, six have issued a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. Yamana Gold currently has an average rating of “Hold” and an average target price of $3.66.
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About Yamana Gold
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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