15,301 Shares in Kinross Gold Co. (NYSE:KGC) Acquired by D.A. Davidson & CO.

D.A. Davidson & CO. acquired a new stake in Kinross Gold Co. (NYSE:KGC) (TSE:K) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 15,301 shares of the mining company’s stock, valued at approximately $142,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of KGC. Avior Wealth Management LLC grew its position in shares of Kinross Gold by 246.3% during the 4th quarter. Avior Wealth Management LLC now owns 7,227 shares of the mining company’s stock worth $67,000 after buying an additional 5,140 shares in the last quarter. Valley National Advisers Inc. purchased a new stake in Kinross Gold in the fourth quarter worth about $92,000. OneDigital Investment Advisors LLC bought a new position in Kinross Gold during the 3rd quarter worth about $94,000. EP Wealth Advisors LLC purchased a new position in Kinross Gold during the 3rd quarter valued at about $95,000. Finally, Fiera Capital Corp bought a new stake in shares of Kinross Gold in the 3rd quarter valued at about $99,000. Hedge funds and other institutional investors own 63.69% of the company’s stock.

Kinross Gold Price Performance

NYSE KGC opened at $10.61 on Friday. The stock’s fifty day moving average price is $10.64 and its 200 day moving average price is $9.98. Kinross Gold Co. has a 1 year low of $4.75 and a 1 year high of $12.28. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.01 and a quick ratio of 0.83. The company has a market cap of $13.03 billion, a price-to-earnings ratio of 13.77, a PEG ratio of 0.68 and a beta of 1.24.

Kinross Gold (NYSE:KGC) (TSE:K) last announced its quarterly earnings data on Wednesday, February 12th. The mining company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.03). Kinross Gold had a net margin of 18.43% and a return on equity of 12.65%. As a group, equities research analysts forecast that Kinross Gold Co. will post 0.81 earnings per share for the current year.

Kinross Gold Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 20th. Stockholders of record on Wednesday, March 5th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 1.13%. The ex-dividend date is Wednesday, March 5th. Kinross Gold’s payout ratio is currently 15.58%.

Analyst Ratings Changes

A number of equities analysts recently commented on KGC shares. CIBC boosted their price objective on shares of Kinross Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a research note on Thursday, February 13th. StockNews.com downgraded Kinross Gold from a “strong-buy” rating to a “buy” rating in a report on Tuesday. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $11.63.

Kinross Gold Profile

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.