Calamos Wealth Management LLC bought a new stake in Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 19,201 shares of the basic materials company’s stock, valued at approximately $76,000.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Artemis Investment Management LLP boosted its position in Yamana Gold by 0.9% in the fourth quarter. Artemis Investment Management LLP now owns 5,293,131 shares of the basic materials company’s stock valued at $20,479,000 after buying an additional 46,214 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Yamana Gold in the fourth quarter valued at approximately $158,000. Millennium Management LLC boosted its position in Yamana Gold by 12.4% in the third quarter. Millennium Management LLC now owns 8,720,120 shares of the basic materials company’s stock valued at $27,729,000 after buying an additional 962,270 shares during the last quarter. IHT Wealth Management LLC purchased a new stake in Yamana Gold in the third quarter valued at approximately $57,000. Finally, Stifel Financial Corp boosted its position in Yamana Gold by 36.7% in the third quarter. Stifel Financial Corp now owns 81,306 shares of the basic materials company’s stock valued at $250,000 after buying an additional 21,833 shares during the last quarter. Hedge funds and other institutional investors own 45.60% of the company’s stock.
A number of brokerages recently commented on AUY. Barclays reiterated a “sell” rating and issued a $3.50 target price on shares of Yamana Gold in a research report on Thursday, December 12th. Credit Suisse Group restated an “outperform” rating and issued a $4.50 price objective on shares of Yamana Gold in a research report on Monday, October 14th. National Bank Financial set a $6.00 price objective on Yamana Gold and gave the stock a “buy” rating in a research report on Monday, October 21st. ValuEngine lowered Yamana Gold from a “hold” rating to a “sell” rating in a research report on Wednesday, January 8th. Finally, Royal Bank of Canada assumed coverage on Yamana Gold in a research report on Wednesday, December 4th. They issued a “hold” rating and a $3.75 price objective on the stock. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the stock. Yamana Gold presently has a consensus rating of “Hold” and an average price target of $4.41.
Yamana Gold stock opened at $3.82 on Thursday. The company has a current ratio of 0.94, a quick ratio of 0.58 and a debt-to-equity ratio of 0.24. Yamana Gold Inc. has a 12 month low of $1.78 and a 12 month high of $4.04. The stock’s 50 day simple moving average is $3.71 and its two-hundred day simple moving average is $3.38. The firm has a market cap of $3.50 billion, a PE ratio of 31.83 and a beta of 0.92.
Yamana Gold (NYSE:AUY) (TSE:YRI) last released its quarterly earnings data on Thursday, October 24th. The basic materials company reported $0.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.03. Yamana Gold had a return on equity of 2.94% and a net margin of 8.76%. The business had revenue of $357.80 million for the quarter, compared to analyst estimates of $372.58 million. During the same quarter in the prior year, the firm posted $0.02 EPS. The business’s quarterly revenue was down 15.8% compared to the same quarter last year. On average, equities research analysts forecast that Yamana Gold Inc. will post 0.12 EPS for the current year.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 14th. Shareholders of record on Tuesday, December 31st were given a $0.01 dividend. The ex-dividend date of this dividend was Monday, December 30th. This represents a $0.04 annualized dividend and a yield of 1.05%. Yamana Gold’s dividend payout ratio is presently 33.33%.
About Yamana Gold
Yamana Gold Inc engages in operating mines, development stage projects, and exploration and mineral properties primarily in Canada, Brazil, Chile, and Argentina. The company primarily sells precious metals, including gold, silver, and copper. Its principal mining properties comprise the Chapada and Jacobina mines in Brazil; the Canadian Malartic mine in Canada; and the Cerro Moro mine in Argentina and the El Peñón and Minera Florida mines in Chile.
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