HighTower Advisors LLC Buys Shares of 16,846 Aura Minerals Inc. $AUGO

HighTower Advisors LLC bought a new stake in shares of Aura Minerals Inc. (NASDAQ:AUGO) during the 4th quarter, HoldingsChannel.com reports. The firm bought 16,846 shares of the company’s stock, valued at approximately $849,000.

Several other large investors also recently added to or reduced their stakes in AUGO. Capital World Investors acquired a new stake in Aura Minerals during the 3rd quarter valued at $60,284,000. SPX Gestao de Recursos Ltda acquired a new stake in Aura Minerals during the 3rd quarter valued at $29,988,000. JPMorgan Chase & Co. acquired a new stake in Aura Minerals during the 3rd quarter valued at $27,097,000. Bank of America Corp DE acquired a new stake in Aura Minerals during the 3rd quarter valued at $17,623,000. Finally, Marshall Wace LLP acquired a new stake in Aura Minerals during the 3rd quarter valued at $17,483,000.

Aura Minerals Trading Down 9.7%

NASDAQ AUGO opened at $60.40 on Friday. Aura Minerals Inc. has a 1-year low of $22.24 and a 1-year high of $110.32. The company has a current ratio of 0.98, a quick ratio of 0.75 and a debt-to-equity ratio of 1.03. The company has a market capitalization of $5.06 billion and a PE ratio of 55.93. The firm’s fifty day simple moving average is $83.72 and its 200-day simple moving average is $68.53.

Aura Minerals (NASDAQ:AUGO) last posted its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 earnings per share for the quarter. Aura Minerals had a net margin of 7.80% and a return on equity of 111.96%. As a group, sell-side analysts anticipate that Aura Minerals Inc. will post 10.08 earnings per share for the current fiscal year.

Aura Minerals Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 19th were paid a $0.78 dividend. This represents a $3.12 dividend on an annualized basis and a dividend yield of 5.2%. This is a boost from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date of this dividend was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is currently 288.89%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AUGO. Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Zacks Research downgraded shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a research note on Monday, April 27th. Weiss Ratings raised shares of Aura Minerals from a “hold (c)” rating to a “buy (b-)” rating in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. started coverage on shares of Aura Minerals in a research note on Wednesday, February 25th. They issued an “overweight” rating and a $105.00 price target on the stock. Four analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $67.60.

Insiders Place Their Bets

In other Aura Minerals news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the stock in a transaction on Monday, May 11th. The shares were sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the transaction, the chief executive officer directly owned 794,745 shares of the company’s stock, valued at $64,716,085.35. This represents a 7.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Mauad Bruno Sousa sold 100,000 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $77.48, for a total transaction of $7,748,000.00. Following the transaction, the director directly owned 434,965 shares in the company, valued at $33,701,088.20. The trade was a 18.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 310,392 shares of company stock worth $24,588,386 over the last ninety days.

Aura Minerals Company Profile

We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.