Yamana Gold INC (AUY) Shareholder Arlington Capital Management INC Cut Its Position by $3.65 Million as Shares Declined

June 20, 2017 - By Dolores Ford

Arlington Capital Management Inc decreased its stake in Yamana Gold Inc (AUY) by 96.73% based on its latest 2016Q4 regulatory filing with the SEC. Arlington Capital Management Inc sold 1.82 million shares as the company’s stock declined 9.06% while stock markets rallied. The institutional investor held 61,669 shares of the precious metals company at the end of 2016Q4, valued at $173,000, down from 1.89M at the end of the previous reported quarter. Arlington Capital Management Inc who had been investing in Yamana Gold Inc for a number of months, seems to be less bullish one the $2.15 billion market cap company. It is 0.21% or $0 reaching $2.36 per share. It is down 40.97% since June 20, 2016 and is downtrending. It has underperformed by 57.67% the S&P500.

Arlington Capital Management Inc, which manages about $102.62M and $273.52M US Long portfolio, upped its stake in Blackrock Corpor Hi Yld Fd I (HYT) by 338,139 shares to 432,746 shares, valued at $4.69 million in 2016Q4, according to the filing.

More news for Yamana Gold Inc. (USA) (NYSE:AUY) were recently published by: Investorplace.com, which released: “Friday’s Vital Data: Facebook Inc (FB), Alibaba Group Holding Ltd (BABA) and …” on June 16, 2017. Nasdaq.com‘s article titled: “BUZZ-US STOCKS ON THE MOVE-Booz Allen, Yamana Gold, Hornbeck Offshore” and published on June 16, 2017 is yet another important article.

Yamana Gold Inc. (USA) (NYSE:AUY) Ratings Coverage

Among 12 analysts covering Yamana Gold Inc. (NYSE:AUY), 3 have Buy rating, 1 Sell and 8 Hold. Therefore 25% are positive. Yamana Gold Inc. had 29 analyst reports since July 22, 2015 according to SRatingsIntel. The rating was upgraded by BMO Capital Markets to “Outperform” on Thursday, May 12. On Wednesday, November 4 the stock rating was maintained by RBC Capital Markets with “Sector Perform”. Goldman Sachs downgraded the shares of AUY in report on Wednesday, February 24 to “Sell” rating. The rating was initiated by IBC on Friday, July 24 with “Sector Perform”. On Monday, December 19 the stock rating was downgraded by BMO Capital Markets to “Market Perform”. The stock of Yamana Gold Inc. (USA) (NYSE:AUY) has “Market Perform” rating given on Thursday, June 15 by Raymond James. HSBC upgraded the stock to “Buy” rating in Wednesday, July 22 report. The rating was downgraded by JP Morgan to “Neutral” on Wednesday, January 27. The firm earned “Equal-Weight” rating on Thursday, January 14 by Barclays Capital. The firm has “Mkt Perform” rating given on Friday, January 15 by Raymond James.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.