Centerra Gold Inc. (NYSE:CGAU) Shares Sold by Jane Street Group LLC

Jane Street Group LLC decreased its position in Centerra Gold Inc. (NYSE:CGAU - Free Report) by 35.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 270,220 shares of the company's stock after selling 149,772 shares during the period. Jane Street Group LLC owned about 0.13% of Centerra Gold worth $1,537,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. boosted its stake in Centerra Gold by 30.1% in the 4th quarter. Donald Smith & CO. Inc. now owns 8,723,060 shares of the company's stock worth $49,634,000 after buying an additional 2,017,756 shares during the last quarter. Vanguard Group Inc. boosted its stake in Centerra Gold by 0.9% in the 4th quarter. Vanguard Group Inc. now owns 8,254,618 shares of the company's stock worth $46,977,000 after buying an additional 76,544 shares during the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in Centerra Gold by 24.1% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 5,808,773 shares of the company's stock worth $33,028,000 after buying an additional 1,126,825 shares during the last quarter. American Century Companies Inc. boosted its stake in Centerra Gold by 34.1% in the 4th quarter. American Century Companies Inc. now owns 3,291,860 shares of the company's stock worth $18,733,000 after buying an additional 836,777 shares during the last quarter. Finally, Amundi boosted its stake in Centerra Gold by 168.6% in the 4th quarter. Amundi now owns 2,628,623 shares of the company's stock worth $15,377,000 after buying an additional 1,650,160 shares during the last quarter. Institutional investors and hedge funds own 55.40% of the company's stock.

Analyst Ratings Changes

CGAU has been the topic of a number of research reports. Desjardins downgraded Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Thursday, February 13th. Raymond James restated an "outperform" rating on shares of Centerra Gold in a report on Friday, April 4th. National Bankshares restated an "outperform" rating on shares of Centerra Gold in a report on Wednesday, April 23rd. Cormark downgraded Centerra Gold from a "moderate buy" rating to a "hold" rating in a report on Wednesday, February 26th. Finally, Scotiabank reiterated an "outperform" rating on shares of Centerra Gold in a report on Monday, April 14th. Four analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $12.00.

Centerra Gold Trading Down 0.7%

Shares of CGAU opened at $6.49 on Monday. The business's 50-day moving average price is $6.42 and its 200 day moving average price is $6.17. The stock has a market capitalization of $1.36 billion, a P/E ratio of 18.01 and a beta of 0.80. Centerra Gold Inc. has a 1-year low of $5.41 and a 1-year high of $7.82.

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

Centerra Gold Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 5th. Stockholders of record on Thursday, May 22nd will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Thursday, May 22nd. This represents a $0.28 annualized dividend and a dividend yield of 4.32%. Centerra Gold's dividend payout ratio (DPR) is presently 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.

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