Creative Planning increased its stake in shares of Yamana Gold Inc. (NYSE:AUY) (TSE:YRI) by 171.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,072 shares of the basic materials company’s stock after purchasing an additional 23,399 shares during the period. Creative Planning’s holdings in Yamana Gold were worth $116,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. Timber Hill LLC grew its stake 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 purchasing an additional 27,100 shares during the period. Raymond James Financial Services Advisors Inc. grew its stake 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 purchasing an additional 6,616 shares during the period. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Yamana Gold by 26.2% during the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 160,450 shares of the basic materials company’s stock worth $425,000 after purchasing an additional 33,324 shares during the period. Bennicas & Associates Inc. grew its stake in shares of Yamana Gold by 13.6% during the third quarter. Bennicas & Associates Inc. now owns 200,675 shares of the basic materials company’s stock worth $532,000 after purchasing an additional 23,950 shares during the period. Finally, Virtu Financial LLC grew its stake in shares of Yamana Gold by 444.0% during the third quarter. Virtu Financial LLC now owns 239,475 shares of the basic materials company’s stock worth $198,000 after purchasing an additional 195,452 shares during the period. 40.61% of the stock is owned by institutional investors and hedge funds.

Yamana Gold Inc. (NYSE AUY) opened at $3.13 on Friday. 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 firm has a market capitalization of $2,959.32, a PE ratio of -7.83 and a beta of 0.77. Yamana Gold Inc. has a twelve month low of $2.21 and a twelve month high of $3.80.

A number of equities research analysts recently commented on AUY shares. Royal Bank of Canada reaffirmed a “buy” rating and set a $4.00 price objective on shares of Yamana Gold in a research note on Wednesday, January 31st. TD Securities set a $4.00 price objective on Yamana Gold and gave the stock a “buy” rating in a research note on Monday, October 16th. TheStreet raised Yamana Gold from a “d+” rating to a “c-” rating in a research note on Friday, December 29th. Scotiabank set a $4.00 price objective on Yamana Gold and gave the stock a “hold” rating in a research note on Monday, January 15th. Finally, ValuEngine upgraded Yamana Gold from a “sell” rating to a “hold” rating in a report on Tuesday, January 9th. Three research analysts have rated the stock with a sell rating, five have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the company’s stock. Yamana Gold has an average rating of “Hold” and an average target price of $3.61.

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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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