Yamana Gold Inc. (AUY) Stake Raised by Exane Derivatives

Exane Derivatives increased its position in shares of Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) by 1,691.7% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 669,057 shares of the basic materials company’s stock after acquiring an additional 631,714 shares during the quarter. Exane Derivatives’ holdings in Yamana Gold were worth $1,746,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the company. Van ECK Associates Corp raised its holdings in shares of Yamana Gold by 2.7% during the fourth quarter. Van ECK Associates Corp now owns 137,931,828 shares of the basic materials company’s stock valued at $325,519,000 after acquiring an additional 3,572,645 shares during the period. Vanguard Group Inc increased its stake in Yamana Gold by 3.5% in the 3rd quarter. Vanguard Group Inc now owns 22,918,829 shares of the basic materials company’s stock valued at $57,068,000 after buying an additional 769,763 shares during the period. Vanguard Group Inc. increased its stake in Yamana Gold by 3.5% in the 3rd quarter. Vanguard Group Inc. now owns 22,918,829 shares of the basic materials company’s stock valued at $57,068,000 after buying an additional 769,763 shares during the period. Deutsche Bank AG increased its stake in Yamana Gold by 21.4% in the 4th quarter. Deutsche Bank AG now owns 20,177,062 shares of the basic materials company’s stock valued at $47,616,000 after buying an additional 3,551,153 shares during the period. Finally, Ruffer LLP acquired a new position in Yamana Gold in the 4th quarter valued at approximately $43,419,000. Institutional investors and hedge funds own 46.66% of the company’s stock.

AUY stock traded up $0.07 during trading hours on Wednesday, hitting $2.24. The company’s stock had a trading volume of 630,758 shares, compared to its average volume of 12,847,617. The company has a quick ratio of 0.50, a current ratio of 0.86 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $2.05 billion, a price-to-earnings ratio of 18.67 and a beta of 0.81. Yamana Gold Inc. has a 12 month low of $2.00 and a 12 month high of $3.23.

Yamana Gold (NYSE:AUY) (TSE:YRI) last posted its quarterly earnings data on Thursday, February 14th. The basic materials company reported $0.03 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The business had revenue of $483.40 million during the quarter, compared to the consensus estimate of $495.01 million. Yamana Gold had a negative net margin of 15.99% and a positive return on equity of 2.73%. Yamana Gold’s quarterly revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.20) EPS. On average, research analysts expect that Yamana Gold Inc. will post 0.05 EPS for the current fiscal year.

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 12th. Investors of record on Friday, March 29th were issued a dividend of $0.005 per share. This represents a $0.02 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend was Thursday, March 28th. Yamana Gold’s dividend payout ratio is currently 16.67%.

Several research analysts have weighed in on the stock. ValuEngine upgraded shares of Yamana Gold from a “sell” rating to a “hold” rating in a research note on Monday, February 4th. TheStreet raised shares of Yamana Gold from a “d” rating to a “c-” rating in a research report on Tuesday, February 19th. Zacks Investment Research downgraded shares of Yamana Gold from a “hold” rating to a “sell” rating in a research report on Tuesday, April 9th. Credit Suisse Group set a $4.00 target price on shares of Yamana Gold and gave the stock a “buy” rating in a research report on Friday, February 15th. Finally, CIBC raised shares of Yamana Gold from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $3.20 to $3.75 in a research report on Monday, January 21st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have assigned a buy rating to the company’s stock. Yamana Gold currently has a consensus rating of “Hold” and an average target price of $3.31.

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Yamana Gold Profile

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.

Further Reading: Stock Symbol

Want to see what other hedge funds are holding AUY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Yamana Gold Inc. (NYSE:AUY) (TSE:YRI).

Institutional Ownership by Quarter for Yamana Gold (NYSE:AUY)

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