Zurcher Kantonalbank Zurich Cantonalbank lessened its position in shares of Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) by 49.0% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,153,913 shares of the basic materials company’s stock after selling 1,110,476 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank owned approximately 0.12% of Yamana Gold worth $3,045,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Timber Hill LLC boosted its holdings in shares of Yamana Gold by 233.3% during the third quarter. Timber Hill LLC now owns 38,716 shares of the basic materials company’s stock worth $103,000 after acquiring an additional 27,100 shares during the period. Creative Planning boosted its holdings in shares of Yamana Gold by 76.6% during the second quarter. Creative Planning now owns 45,638 shares of the basic materials company’s stock worth $111,000 after acquiring an additional 19,795 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of Yamana Gold by 16.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 46,795 shares of the basic materials company’s stock worth $114,000 after acquiring an additional 6,616 shares during the period. Stephens Inc. AR boosted its holdings in shares of Yamana Gold by 1.1% during the second quarter. Stephens Inc. AR now owns 47,911 shares of the basic materials company’s stock worth $116,000 after acquiring an additional 499 shares during the period. Finally, QCM Cayman Ltd. bought a new stake in shares of Yamana Gold during the second quarter worth approximately $117,000. Institutional investors own 40.64% of the company’s stock.

Several equities research analysts recently issued reports on the company. Royal Bank Of Canada set a $4.00 price target on Yamana Gold and gave the company a “buy” rating in a research note on Tuesday, October 17th. Zacks Investment Research upgraded Yamana Gold from a “strong sell” rating to a “hold” rating in a research note on Friday, October 20th. BidaskClub upgraded Yamana Gold from a “hold” rating to a “buy” rating in a research note on Saturday, August 19th. TD Securities set a $4.00 price target on Yamana Gold and gave the company a “buy” rating in a research note on Monday, October 16th. Finally, National Bank Financial cut Yamana Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, October 27th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $3.54.

Yamana Gold Inc. (NYSE AUY) opened at $2.66 on Thursday. Yamana Gold Inc. has a 1 year low of $2.21 and a 1 year high of $3.65. The company has a market cap of $2,598.89, a P/E ratio of 68.50 and a beta of 0.65. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.62 and a current ratio of 0.99.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be given a dividend of $0.005 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $0.02 annualized dividend and a yield of 0.75%. Yamana Gold’s dividend payout ratio is currently -5.00%.

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Yamana Gold Company Profile

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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