Jane Street Group LLC Sells 149,772 Shares of Centerra Gold Inc. (NYSE:CGAU)

Jane Street Group LLC decreased its stake in Centerra Gold Inc. (NYSE:CGAU - Free Report) by 35.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 270,220 shares of the company's stock after selling 149,772 shares during the quarter. Jane Street Group LLC owned approximately 0.13% of Centerra Gold worth $1,537,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. SG Americas Securities LLC purchased a new stake in Centerra Gold in the fourth quarter worth about $59,000. Massachusetts Financial Services Co. MA purchased a new stake in Centerra Gold in the fourth quarter worth about $60,000. Susquehanna Advisors Group Inc. purchased a new stake in Centerra Gold in the fourth quarter worth about $61,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Centerra Gold during the fourth quarter worth about $80,000. Finally, Aquatic Capital Management LLC purchased a new stake in shares of Centerra Gold during the fourth quarter worth about $82,000. Hedge funds and other institutional investors own 55.40% of the company's stock.

Analyst Ratings Changes

CGAU has been the subject of several research analyst reports. CIBC reiterated a "neutral" rating on shares of Centerra Gold in a research report on Thursday, March 20th. National Bankshares reiterated an "outperform" rating on shares of Centerra Gold in a research report on Wednesday, April 23rd. National Bank Financial upgraded Centerra Gold to a "strong-buy" rating in a research report on Friday, March 21st. Raymond James reiterated an "outperform" rating on shares of Centerra Gold in a research report on Friday, April 4th. Finally, Cormark cut Centerra Gold from a "moderate buy" rating to a "hold" rating in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $12.00.

Centerra Gold Stock Up 2.7%

Centerra Gold stock traded up $0.19 during midday trading on Friday, reaching $6.96. 1,001,271 shares of the stock traded hands, compared to its average volume of 889,286. The stock's fifty day moving average is $6.51 and its 200-day moving average is $6.19. Centerra Gold Inc. has a 12 month low of $5.41 and a 12 month high of $7.82. The stock has a market cap of $1.46 billion, a P/E ratio of 19.32 and a beta of 0.80.

Centerra Gold (NYSE:CGAU - Get Free Report) last announced its quarterly earnings results on Tuesday, May 6th. The company reported $0.12 EPS for the quarter, meeting analysts' consensus estimates of $0.12. Centerra Gold had a return on equity of 8.83% and a net margin of 6.62%. The company had revenue of $299.50 million during the quarter, compared to analyst estimates of $288.25 million. On average, equities analysts predict that Centerra Gold Inc. will post 0.59 EPS for the current fiscal year.

Centerra Gold Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Thursday, May 22nd. Centerra Gold's payout ratio is 100.00%.

Centerra Gold Profile

Centerra Gold Inc, a gold mining company, engages in the acquisition, exploration, development, and operation of gold and copper properties in North America, Turkey, and internationally. The company explores for gold, copper, and molybdenum deposits. Its flagship projects are the 100% owned Mount Milligan gold-copper mine located in British Columbia, Canada; and the Öksüt gold mine located in Turkey.