Yamana Gold Inc. (AUY) Position Trimmed by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC decreased its position in shares of Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) by 21.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 580,861 shares of the basic materials company’s stock after selling 154,915 shares during the quarter. Parametric Portfolio Associates LLC owned about 0.06% of Yamana Gold worth $1,411,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Yamana Gold by 4.6% during the 2nd quarter. Vanguard Group Inc. now owns 22,242,591 shares of the basic materials company’s stock worth $54,049,000 after acquiring an additional 979,468 shares during the last quarter. Public Sector Pension investment Board boosted its stake in Yamana Gold by 245.3% during the 2nd quarter. Public Sector Pension investment Board now owns 5,253,531 shares of the basic materials company’s stock worth $12,662,000 after acquiring an additional 3,732,000 shares during the last quarter. Van ECK Associates Corp boosted its stake in Yamana Gold by 37.1% during the 2nd quarter. Van ECK Associates Corp now owns 105,537,134 shares of the basic materials company’s stock worth $256,603,000 after acquiring an additional 28,580,991 shares during the last quarter. Trilogy Global Advisors LP boosted its stake in Yamana Gold by 11.8% during the 2nd quarter. Trilogy Global Advisors LP now owns 98,339 shares of the basic materials company’s stock worth $308,000 after acquiring an additional 10,381 shares during the last quarter. Finally, Investec Asset Management LTD boosted its stake in Yamana Gold by 1.8% during the 2nd quarter. Investec Asset Management LTD now owns 4,559,506 shares of the basic materials company’s stock worth $11,080,000 after acquiring an additional 78,857 shares during the last quarter. 42.44% of the stock is currently owned by institutional investors and hedge funds.

A number of research analysts have weighed in on AUY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Yamana Gold in a research note on Thursday, September 7th. National Bank Financial lowered shares of Yamana Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, October 27th. TD Securities set a $4.00 price target on shares of Yamana Gold and gave the company a “buy” rating in a research note on Monday, October 16th. BidaskClub raised shares of Yamana Gold from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. Finally, Zacks Investment Research raised shares of Yamana Gold from a “strong sell” rating to a “hold” rating in a research note on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.54.

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Shares of Yamana Gold Inc. (NYSE:AUY) opened at $2.60 on Wednesday. The company has a quick ratio of 0.62, a current ratio of 0.99 and a debt-to-equity ratio of 0.35. Yamana Gold Inc. has a fifty-two week low of $2.21 and a fifty-two week high of $3.65. The stock has a market cap of $2,541.98, a P/E ratio of 67.00 and a beta of 0.65.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a $0.005 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.77%. Yamana Gold’s dividend payout ratio (DPR) is presently -5.00%.

About Yamana Gold

Yamana Gold Inc is a gold producer with gold production, gold development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The Company’s segments include Chapada mine in Brazil; El Penon mine in Chile; Canadian Malartic mine in Canada; Gualcamayo mine in Argentina; Minera Florida mine in Chile; Jacobina mine in Brazil; Brio Gold Inc (Brio Gold), and Corporate and other.

Institutional Ownership by Quarter for Yamana Gold (NYSE:AUY)

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