Kinross Gold Corporation (NYSE:KGC) Shares Purchased by TD Private Client Wealth LLC

TD Private Client Wealth LLC boosted its holdings in Kinross Gold Corporation (NYSE:KGC - Free Report) TSE: K by 38.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 62,947 shares of the mining company's stock after acquiring an additional 17,330 shares during the period. TD Private Client Wealth LLC's holdings in Kinross Gold were worth $794,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Capital Investment Advisors LLC lifted its holdings in Kinross Gold by 3.1% in the first quarter. Capital Investment Advisors LLC now owns 27,850 shares of the mining company's stock worth $351,000 after acquiring an additional 850 shares during the last quarter. Signaturefd LLC lifted its holdings in Kinross Gold by 2.2% in the fourth quarter. Signaturefd LLC now owns 41,072 shares of the mining company's stock worth $381,000 after acquiring an additional 865 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in Kinross Gold by 30.4% in the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 4,302 shares of the mining company's stock worth $40,000 after acquiring an additional 1,002 shares during the last quarter. S.A. Mason LLC lifted its holdings in Kinross Gold by 6.0% in the first quarter. S.A. Mason LLC now owns 22,250 shares of the mining company's stock worth $281,000 after acquiring an additional 1,250 shares during the last quarter. Finally, OneDigital Investment Advisors LLC lifted its holdings in Kinross Gold by 12.5% in the first quarter. OneDigital Investment Advisors LLC now owns 11,273 shares of the mining company's stock worth $142,000 after acquiring an additional 1,250 shares during the last quarter. Institutional investors own 63.69% of the company's stock.

Kinross Gold Price Performance

Shares of NYSE KGC traded up $0.21 during mid-day trading on Friday, reaching $15.55. 14,545,936 shares of the company traded hands, compared to its average volume of 18,747,498. Kinross Gold Corporation has a fifty-two week low of $7.84 and a fifty-two week high of $16.10. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.83 and a quick ratio of 1.22. The firm has a market cap of $19.08 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 0.62 and a beta of 0.63. The stock has a fifty day simple moving average of $15.07 and a 200-day simple moving average of $12.92.

Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last posted its quarterly earnings data on Tuesday, May 6th. The mining company reported $0.30 EPS for the quarter, beating analysts' consensus estimates of $0.22 by $0.08. Kinross Gold had a net margin of 21.74% and a return on equity of 15.63%. The business had revenue of $1.44 billion for the quarter, compared to analyst estimates of $1.43 billion. During the same quarter last year, the business earned $0.10 earnings per share. The business's revenue for the quarter was up 38.5% on a year-over-year basis. Equities research analysts anticipate that Kinross Gold Corporation will post 0.81 EPS for the current fiscal year.

Kinross Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 12th. Investors of record on Thursday, May 29th were paid a dividend of $0.03 per share. The ex-dividend date was Thursday, May 29th. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.77%. Kinross Gold's dividend payout ratio is presently 12.24%.

Wall Street Analyst Weigh In

KGC has been the topic of a number of recent research reports. BMO Capital Markets began coverage on shares of Kinross Gold in a report on Wednesday, April 16th. They issued an "outperform" rating on the stock. Scotiabank lifted their price target on Kinross Gold from $16.00 to $17.00 and gave the company a "sector outperform" rating in a report on Thursday, May 8th. National Bankshares reaffirmed an "outperform" rating on shares of Kinross Gold in a report on Tuesday, June 24th. Jefferies Financial Group raised Kinross Gold from a "hold" rating to a "buy" rating and lifted their price target for the company from $14.00 to $18.00 in a report on Thursday, June 26th. Finally, Stifel Canada raised Kinross Gold to a "strong-buy" rating in a report on Wednesday, March 19th. Two equities research analysts have rated the stock with a hold rating, five have issued a buy rating and three have issued a strong buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $17.00.

About Kinross Gold

Kinross Gold Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of gold properties principally in the United States, Brazil, Chile, Canada, and Mauritania. The company operates the Fort Knox mine and the Manh Choh project in Alaska, as well as the Round Mountain and the Bald Mountain mines in Nevada, the United States; the Paracatu mine in Brazil; the La Coipa and the Lobo-Marte project in Chile; the Tasiast mine in Mauritania; and the Great Bear project in Canada.