Aura Minerals Inc. $AUGO Position Lifted by Robeco Schweiz AG

Robeco Schweiz AG boosted its position in Aura Minerals Inc. (NASDAQ:AUGO) by 16.3% during the third quarter, Holdings Channel.com reports. The fund owned 473,190 shares of the company’s stock after purchasing an additional 66,190 shares during the quarter. Robeco Schweiz AG’s holdings in Aura Minerals were worth $37,231,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Jennison Associates LLC acquired a new stake in Aura Minerals during the first quarter worth about $50,378,000. Bank of America Corp DE raised its holdings in shares of Aura Minerals by 42.5% in the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock worth $79,740,000 after purchasing an additional 291,623 shares during the period. Arrowstreet Capital Limited Partnership raised its holdings in shares of Aura Minerals by 125.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 321,582 shares of the company’s stock worth $26,241,000 after purchasing an additional 178,730 shares during the period. Andra AP fonden acquired a new position in shares of Aura Minerals in the 2nd quarter valued at about $10,550,000. Finally, Robeco Institutional Asset Management B.V. lifted its stake in shares of Aura Minerals by 145.7% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 129,709 shares of the company’s stock valued at $10,206,000 after purchasing an additional 76,910 shares in the last quarter.

Insider Activity at Aura Minerals

In related news, COO Glauber Luvizotto sold 64,713 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $80.20, for a total transaction of $5,189,982.60. Following the transaction, the chief operating officer directly owned 224,515 shares of the company’s stock, valued at approximately $18,006,103. The trade was a 22.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mauad Sousa sold 280,000 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $81.67, for a total value of $22,867,600.00. Following the completion of the transaction, the director owned 168,765 shares of the company’s stock, valued at approximately $13,783,037.55. This represents a 62.39% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have purchased 263,011 shares of company stock worth $22,662,070 and have sold 1,568,065 shares worth $133,318,052.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AUGO. Santander cut Aura Minerals from an “outperform” rating to a “neutral” rating in a report on Monday, August 31st. Wall Street Zen upgraded shares of Aura Minerals from a “hold” rating to a “buy” rating in a report on Sunday, October 18th. Zacks Research upgraded shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a report on Monday, September 7th. Weiss Ratings raised shares of Aura Minerals from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 15th. Finally, Bank of America decreased their price objective on shares of Aura Minerals from $122.00 to $94.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aura Minerals has a consensus rating of “Moderate Buy” and a consensus target price of $86.95.

Aura Minerals Stock Down 0.6%

Shares of NASDAQ AUGO opened at $78.07 on Friday. Aura Minerals Inc. has a 12-month low of $29.11 and a 12-month high of $110.32. The company has a market cap of $6.54 billion, a P/E ratio of 22.05, a P/E/G ratio of 0.22 and a beta of 0.48. The company has a current ratio of 1.06, a quick ratio of 0.82 and a debt-to-equity ratio of 0.82. The stock has a fifty day moving average price of $84.87 and a 200 day moving average price of $76.55.

Aura Minerals (NASDAQ:AUGO) last released its quarterly earnings data on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The company had revenue of $335.97 million for the quarter. Aura Minerals had a return on equity of 103.62% and a net margin of 23.18%. Research analysts anticipate that Aura Minerals Inc. will post 6.11 EPS for the current fiscal year.

Aura Minerals Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Tuesday, August 18th were issued a dividend of $0.72 per share. This represents a $2.88 annualized dividend and a dividend yield of 3.7%. The ex-dividend date was Tuesday, August 18th. This is a decrease from Aura Minerals’s previous quarterly dividend of $0.78. Aura Minerals’s dividend payout ratio (DPR) is 81.36%.

About Aura Minerals

Aura Minerals Inc is a mining company focused on the exploration, development, and operation of gold, copper, and other precious and base-metal properties in the Americas. The company’s activities span the full mining life cycle, including resource evaluation, mine development, production, processing, and exploration for additional mineral deposits.

Aura’s portfolio has included the Aranzazu copper-gold-silver mine in Zacatecas, Mexico; the San Andrés gold mine in Honduras; and gold operations in Brazil, including the Almas and São Francisco mines.