Aura Minerals Inc. $AUGO Shares Purchased by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lifted its position in shares of Aura Minerals Inc. (NASDAQ:AUGO) by 145.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 129,709 shares of the company’s stock after purchasing an additional 76,910 shares during the period. Robeco Institutional Asset Management B.V. owned about 0.15% of Aura Minerals worth $10,206,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in AUGO. Bank of America Corp DE raised its holdings in Aura Minerals by 42.5% in the 1st quarter. Bank of America Corp DE now owns 977,212 shares of the company’s stock valued at $79,740,000 after buying an additional 291,623 shares during the last quarter. Jennison Associates LLC acquired a new stake in Aura Minerals during the 1st quarter worth approximately $50,378,000. Arrowstreet Capital Limited Partnership grew its holdings in Aura Minerals by 125.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 321,582 shares of the company’s stock worth $26,241,000 after acquiring an additional 178,730 shares during the last quarter. Andra AP fonden bought a new stake in Aura Minerals during the 2nd quarter worth approximately $10,550,000. Finally, Wealth High Governance Capital Ltda acquired a new position in Aura Minerals in the 1st quarter valued at approximately $4,298,000.

Aura Minerals Price Performance

Aura Minerals stock opened at $78.07 on Friday. The stock’s 50 day moving average is $84.87 and its 200 day moving average is $76.55. The company has a debt-to-equity ratio of 0.82, a current ratio of 1.06 and a quick ratio of 0.82. The firm 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. Aura Minerals Inc. has a one year low of $29.11 and a one year high of $110.32.

Aura Minerals (NASDAQ:AUGO) last announced its earnings results on Tuesday, June 30th. The company reported $2.57 EPS for the quarter. The business 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%. As a group, research analysts expect that Aura Minerals Inc. will post 6.11 EPS for the current year.

Aura Minerals Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Tuesday, August 18th were given a $0.72 dividend. This is a decrease from Aura Minerals’s previous quarterly dividend of $0.78. The ex-dividend date was Tuesday, August 18th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 3.7%. Aura Minerals’s dividend payout ratio is presently 81.36%.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on AUGO shares. Bank of America dropped their price target 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. Santander lowered shares of Aura Minerals from an “outperform” rating to a “neutral” rating in a report on Monday, August 31st. Zacks Research raised shares of Aura Minerals from a “strong sell” rating to a “hold” rating in a research note on Monday, September 7th. Scotiabank assumed coverage on Aura Minerals in a report on Thursday, September 17th. They issued a “sector outperform” rating and a $110.00 price objective for the company. Finally, JPMorgan Chase & Co. decreased their price objective on Aura Minerals from $104.50 to $91.00 and set an “overweight” rating for the company in a report on Thursday, July 16th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.95.

Insider Buying and Selling

In other news, COO Glauber Luvizotto sold 64,713 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $80.20, for a total transaction of $5,189,982.60. Following the completion of the sale, the chief operating officer directly owned 224,515 shares in the company, valued at $18,006,103. This represents a 22.37% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available 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 Aura Minerals stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $81.67, for a total transaction of $22,867,600.00. Following the transaction, the director directly owned 168,765 shares of the company’s stock, valued at $13,783,037.55. This represents a 62.39% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders bought 263,011 shares of company stock worth $22,662,070 and sold 1,568,065 shares worth $133,318,052.

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.