Two Sigma Securities LLC trimmed its holdings in shares of Kinross Gold Co. (NYSE:KGC - Free Report) TSE: K by 82.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,378 shares of the mining company's stock after selling 65,474 shares during the period. Two Sigma Securities LLC's holdings in Kinross Gold were worth $133,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Signaturefd LLC lifted its position in shares of 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 buying an additional 865 shares during the last quarter. Mark Sheptoff Financial Planning LLC lifted its holdings in Kinross Gold by 30.4% during 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 in the last quarter. TD Private Client Wealth LLC boosted its position in shares of Kinross Gold by 2.4% during the fourth quarter. TD Private Client Wealth LLC now owns 45,617 shares of the mining company's stock worth $423,000 after buying an additional 1,079 shares during the period. Schechter Investment Advisors LLC raised its holdings in Kinross Gold by 2.8% during the fourth quarter. Schechter Investment Advisors LLC now owns 39,569 shares of the mining company's stock worth $367,000 after acquiring an additional 1,080 shares in the last quarter. Finally, Atomi Financial Group Inc. lifted its position in shares of Kinross Gold by 4.9% in the fourth quarter. Atomi Financial Group Inc. now owns 23,652 shares of the mining company's stock valued at $219,000 after buying an additional 1,106 shares during the last quarter. Hedge funds and other institutional investors own 63.69% of the company's stock.
Kinross Gold Trading Up 3.1 %
Kinross Gold stock traded up $0.44 during trading on Monday, hitting $14.51. The company's stock had a trading volume of 21,357,999 shares, compared to its average volume of 17,897,125. The stock has a market capitalization of $17.85 billion, a price-to-earnings ratio of 18.84, a P/E/G ratio of 0.68 and a beta of 1.12. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.83 and a current ratio of 2.01. The stock's fifty day moving average is $12.76 and its 200 day moving average is $11.17. Kinross Gold Co. has a 1-year low of $6.67 and a 1-year high of $15.46.
Kinross Gold (NYSE:KGC - Get Free Report) TSE: K last announced its quarterly earnings results on Wednesday, February 12th. The mining company reported $0.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a return on equity of 12.65% and a net margin of 18.43%. As a group, equities research analysts predict that Kinross Gold Co. will post 0.81 EPS for the current year.
Kinross Gold Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, March 20th. Investors of record on Wednesday, March 5th were given a dividend of $0.03 per share. This represents a $0.12 dividend on an annualized basis and a dividend yield of 0.83%. The ex-dividend date of this dividend was Wednesday, March 5th. Kinross Gold's dividend payout ratio (DPR) is currently 15.58%.
Analyst Upgrades and Downgrades
A number of research firms have recently weighed in on KGC. CIBC lifted their price target on shares of Kinross Gold from $13.00 to $14.00 and gave the company an "outperform" rating in a report on Thursday, February 13th. National Bankshares reissued an "outperform" rating on shares of Kinross Gold in a report on Wednesday, April 23rd. BMO Capital Markets initiated coverage on shares of Kinross Gold in a report on Wednesday, April 16th. They set an "outperform" rating on the stock. Stifel Canada upgraded Kinross Gold to a "strong-buy" rating in a report on Wednesday, March 19th. Finally, Scotiabank reaffirmed an "outperform" rating on shares of Kinross Gold in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating, four have issued a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, Kinross Gold has a consensus rating of "Buy" and a consensus target price of $13.30.
Check Out Our Latest Stock Report on Kinross Gold
About Kinross Gold
(
Free Report)
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.
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