WINTON GROUP Ltd Decreases Position in Aura Minerals Inc. $AUGO

Key Points

• WINTON GROUP Ltd cut its Aura Minerals position by 88.2% in the second quarter, selling 39,555 shares and retaining 5,300 shares valued at approximately $334,000.
• Aura Minerals insiders made substantial sales, including a director’s $22.9 million transaction and the COO’s $5.2 million sale. Over the past 90 days, insiders sold $118.3 million of shares versus $22.7 million in purchases.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $79.27, below the stock’s reported $85.96 price. The company reported $2.57 in quarterly EPS, $336.0 million in revenue, and pays an annualized dividend of $2.88 per share.

WINTON GROUP Ltd decreased its holdings in Aura Minerals Inc. (NASDAQ:AUGO - Free Report) by 88.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,300 shares of the company's stock after selling 39,555 shares during the quarter. WINTON GROUP Ltd's holdings in Aura Minerals were worth $334,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AUGO. Triumph Capital Management raised its stake in Aura Minerals by 32.4% in the second quarter. Triumph Capital Management now owns 596 shares of the company's stock valued at $38,000 after buying an additional 146 shares during the last quarter. Entropy Technologies LP grew its stake in shares of Aura Minerals by 15.5% during the first quarter. Entropy Technologies LP now owns 8,200 shares of the company's stock worth $669,000 after acquiring an additional 1,100 shares during the last quarter. State of Wyoming grew its stake in shares of Aura Minerals by 58.3% during the fourth quarter. State of Wyoming now owns 6,959 shares of the company's stock worth $351,000 after acquiring an additional 2,564 shares during the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Aura Minerals during the fourth quarter valued at about $134,000. Finally, Rathbones Group PLC acquired a new position in shares of Aura Minerals during the first quarter valued at about $245,000.

Insider Activity at Aura Minerals

In other Aura Minerals news, Director Mauad Sousa sold 280,000 shares of the firm's stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $81.67, for a total value of $22,867,600.00. Following the sale, the director directly owned 168,765 shares of the company's stock, valued at approximately $13,783,037.55. This trade represents a 62.39% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO Glauber Luvizotto sold 64,713 shares of the business's stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $80.20, for a total value of $5,189,982.60. Following the completion of the sale, the chief operating officer owned 224,515 shares of the company's stock, valued at $18,006,103. This trade represents a 22.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders acquired 263,011 shares of company stock worth $22,662,070 and sold 1,435,840 shares worth $118,268,784.

Wall Street Analyst Weigh In

A number of analysts recently commented on AUGO shares. Weiss Ratings upgraded shares of Aura Minerals from a "hold (c)" rating to a "hold (c+)" rating in a research note on Friday, August 7th. Wall Street Zen downgraded shares of Aura Minerals from a "buy" rating to a "hold" rating in a research note on Sunday, September 6th. Zacks Research raised shares of Aura Minerals from a "strong sell" rating to a "hold" rating in a report on Monday, September 7th. Santander downgraded Aura Minerals from an "outperform" rating to a "neutral" rating in a research report on Monday, August 31st. Finally, Bank of America reduced their target price on Aura Minerals from $122.00 to $94.00 and set a "buy" rating for the company in a research note on Thursday, July 9th. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, Aura Minerals currently has a consensus rating of "Moderate Buy" and an average target price of $79.27.

Aura Minerals Stock Performance

AUGO opened at $85.96 on Thursday. The firm has a fifty day moving average price of $72.00 and a 200 day moving average price of $75.24. Aura Minerals Inc. has a 1 year low of $29.11 and a 1 year high of $110.32. The stock has a market cap of $7.20 billion, a P/E ratio of 24.28 and a beta of 0.28. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82.

Aura Minerals (NASDAQ:AUGO - Get Free Report) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 earnings per share for the quarter. The company had revenue of $335.97 million during the quarter. Aura Minerals had a net margin of 23.18% and a return on equity of 103.62%. Equities research analysts anticipate that Aura Minerals Inc. will post 5.38 earnings per share for the current year.

Aura Minerals Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were given a dividend of $0.72 per share. The ex-dividend date was Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.4%. Aura Minerals's dividend payout ratio (DPR) is 81.36%.

About Aura Minerals

Aura Minerals Inc is a mining company focused on the exploration, development, and production of precious and base metals. Its operations primarily produce gold, with copper and silver recovered as additional products from certain deposits. The company sells its output in the form of gold doré and metal concentrates.

Aura's operating portfolio includes the Almas and Apoena gold operations in Brazil, the Aranzazu copper-gold-silver mine in Mexico, and the San Andrés gold mine in Honduras.

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