Decker Retirement Planning Inc. purchased a new position in Aura Minerals Inc. (NASDAQ:AUGO – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund purchased 58,993 shares of the company’s stock, valued at approximately $4,814,000. Aura Minerals accounts for about 2.2% of Decker Retirement Planning Inc.’s investment portfolio, making the stock its 12th largest holding.
Other institutional investors have also added to or reduced their stakes in the company. Citigroup Inc. bought a new stake in shares of Aura Minerals in the 3rd quarter valued at about $1,997,000. JPMorgan Chase & Co. bought a new position in Aura Minerals during the 3rd quarter worth approximately $27,097,000. William Blair Investment Management LLC purchased a new position in Aura Minerals in the 3rd quarter worth approximately $16,901,000. Artisan Partners Limited Partnership purchased a new position in Aura Minerals in the 3rd quarter worth approximately $1,819,000. Finally, Capital World Investors bought a new stake in Aura Minerals in the third quarter valued at approximately $60,284,000.
Insider Buying and Selling at Aura Minerals
In other Aura Minerals news, CEO Rodrigo Cardoso Barbosa sold 60,000 shares of the business’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $81.43, for a total transaction of $4,885,800.00. Following the transaction, the chief executive officer directly owned 794,745 shares of the company’s stock, valued at approximately $64,716,085.35. The trade was a 7.02% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Luvizotto Glauber Rosa sold 6,323 shares of the company’s stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $65.22, for a total transaction of $412,386.06. Following the completion of the transaction, the chief operating officer owned 434,305 shares of the company’s stock, valued at $28,325,372.10. This trade represents a 1.43% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 301,715 shares of company stock valued at $24,033,822.
Aura Minerals Stock Up 5.6%
Aura Minerals (NASDAQ:AUGO – Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The company reported $999.00 EPS for the quarter. Aura Minerals had a return on equity of 111.96% and a net margin of 7.80%. Sell-side analysts forecast that Aura Minerals Inc. will post 10.08 earnings per share for the current year.
Aura Minerals Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th were issued a $0.78 dividend. This represents a $3.12 annualized dividend and a yield of 5.1%. This is an increase from Aura Minerals’s previous quarterly dividend of $0.66. The ex-dividend date was Tuesday, May 19th. Aura Minerals’s dividend payout ratio (DPR) is presently 288.89%.
Wall Street Analyst Weigh In
A number of analysts have recently weighed in on the company. Weiss Ratings lowered Aura Minerals from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, June 5th. Wall Street Zen raised shares of Aura Minerals from a “hold” rating to a “buy” rating in a research note on Saturday, May 2nd. Finally, Zacks Research lowered shares of Aura Minerals from a “strong-buy” rating to a “strong sell” rating in a report on Monday, April 27th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $67.60.
Read Our Latest Analysis on AUGO
About Aura Minerals
We are an Americas gold and copper production company with a significant portfolio of mining operations. Our mission is to deliver long-term value by unlocking operational efficiencies, responsibly growing our portfolio with a focus on return on invested capital, responsible mining practices and a commitment to sustainability. We operate with a decentralized culture, supported by a lean corporate team that ensures agile and dynamic management and decision-making processes, focused on high operational sustainability compliance standards.
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