Mark Sheptoff Financial Planning LLC Has $40,000 Stock Position in Kinross Gold Co. (NYSE:KGC)

Mark Sheptoff Financial Planning LLC grew its stake in Kinross Gold Co. (NYSE:KGC) (TSE:K) by 30.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,302 shares of the mining company’s stock after buying an additional 1,002 shares during the quarter. Mark Sheptoff Financial Planning LLC’s holdings in Kinross Gold were worth $40,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Signaturefd LLC lifted its position in Kinross Gold by 2.2% in the 4th quarter. Signaturefd LLC now owns 41,072 shares of the mining company’s stock valued at $381,000 after acquiring an additional 865 shares in the last quarter. TD Private Client Wealth LLC lifted its position in Kinross Gold by 2.4% during the 4th quarter. TD Private Client Wealth LLC now owns 45,617 shares of the mining company’s stock worth $423,000 after buying an additional 1,079 shares in the last quarter. Schechter Investment Advisors LLC grew its holdings in shares of Kinross Gold by 2.8% in the 4th quarter. Schechter Investment Advisors LLC now owns 39,569 shares of the mining company’s stock valued at $367,000 after acquiring an additional 1,080 shares in the last quarter. Atomi Financial Group Inc. grew its holdings in shares of Kinross Gold by 4.9% in the 4th quarter. Atomi Financial Group Inc. now owns 23,652 shares of the mining company’s stock valued at $219,000 after acquiring an additional 1,106 shares in the last quarter. Finally, Blueshift Asset Management LLC increased its position in shares of Kinross Gold by 6.5% in the fourth quarter. Blueshift Asset Management LLC now owns 22,588 shares of the mining company’s stock valued at $209,000 after acquiring an additional 1,371 shares during the last quarter. Institutional investors own 63.69% of the company’s stock.

Kinross Gold Stock Performance

NYSE KGC opened at $12.30 on Wednesday. The stock has a market cap of $15.13 billion, a PE ratio of 15.97, a P/E/G ratio of 0.68 and a beta of 1.29. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.83 and a current ratio of 2.01. The firm has a 50-day moving average of $11.29 and a 200-day moving average of $10.32. Kinross Gold Co. has a 52-week low of $5.67 and a 52-week high of $12.59.

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

Kinross Gold Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 20th. Shareholders of record on Wednesday, March 5th were issued a $0.03 dividend. This represents a $0.12 dividend on an annualized basis and a yield of 0.98%. The ex-dividend date was Wednesday, March 5th. Kinross Gold’s dividend payout ratio is 15.58%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on KGC. Stifel Canada upgraded Kinross Gold to a “strong-buy” rating in a research note on Wednesday, March 19th. CIBC boosted their target price on shares of Kinross Gold from $13.00 to $14.00 and gave the stock an “outperform” rating in a report on Thursday, February 13th. National Bank Financial upgraded shares of Kinross Gold to a “strong-buy” rating in a research note on Friday, March 21st. Finally, StockNews.com lowered shares of Kinross Gold from a “strong-buy” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a hold rating, four have issued a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, Kinross Gold presently has an average rating of “Buy” and an average target price of $11.63.

About Kinross Gold

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.