Jane Street Group LLC grew its holdings in shares of Kinross Gold Corporation (NYSE:KGC) (TSE:K) by 298.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 252,138 shares of the mining company’s stock after purchasing an additional 188,839 shares during the period. Jane Street Group LLC’s holdings in Kinross Gold were worth $1,069,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in KGC. Geode Capital Management LLC raised its holdings in Kinross Gold by 8.1% in the 1st quarter. Geode Capital Management LLC now owns 611,341 shares of the mining company’s stock worth $2,142,000 after acquiring an additional 46,053 shares during the last quarter. Aperio Group LLC raised its holdings in Kinross Gold by 84.5% in the 2nd quarter. Aperio Group LLC now owns 123,581 shares of the mining company’s stock worth $503,000 after acquiring an additional 56,584 shares during the last quarter. Korea Investment CORP raised its holdings in Kinross Gold by 1.9% in the 2nd quarter. Korea Investment CORP now owns 78,457 shares of the mining company’s stock worth $318,000 after acquiring an additional 1,448 shares during the last quarter. IFP Advisors Inc raised its holdings in Kinross Gold by 22.0% in the 2nd quarter. IFP Advisors Inc now owns 38,769 shares of the mining company’s stock worth $158,000 after acquiring an additional 7,000 shares during the last quarter. Finally, Canada Pension Plan Investment Board raised its holdings in Kinross Gold by 57.2% in the 2nd quarter. Canada Pension Plan Investment Board now owns 2,798,233 shares of the mining company’s stock worth $11,369,000 after acquiring an additional 1,018,533 shares during the last quarter. Hedge funds and other institutional investors own 55.81% of the company’s stock.

Kinross Gold Corporation (NYSE:KGC) traded down $0.02 during trading hours on Wednesday, reaching $3.80. 7,176,100 shares of the company’s stock were exchanged, compared to its average volume of 10,970,446. The company has a debt-to-equity ratio of 0.39, a quick ratio of 2.18 and a current ratio of 3.96. Kinross Gold Corporation has a fifty-two week low of $2.88 and a fifty-two week high of $4.91. The company has a market cap of $4,730.00, a P/E ratio of 42.44 and a beta of 0.11.

Kinross Gold (NYSE:KGC) (TSE:K) last posted its earnings results on Wednesday, November 8th. The mining company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.05. Kinross Gold had a net margin of 3.28% and a return on equity of 2.58%. The business had revenue of $828.00 million during the quarter, compared to the consensus estimate of $787.40 million. During the same quarter in the previous year, the firm posted $0.10 EPS. The firm’s revenue was down 9.0% on a year-over-year basis. equities analysts predict that Kinross Gold Corporation will post 0.14 earnings per share for the current year.

A number of equities analysts recently weighed in on KGC shares. Citigroup upgraded shares of Kinross Gold from a “sell” rating to a “neutral” rating and boosted their price objective for the stock from $3.25 to $4.75 in a report on Friday, September 1st. Macquarie upgraded shares of Kinross Gold from a “neutral” rating to an “outperform” rating and decreased their price objective for the stock from $4.40 to $4.37 in a report on Friday, November 10th. Zacks Investment Research lowered shares of Kinross Gold from a “buy” rating to a “hold” rating in a report on Friday, October 6th. TD Securities set a $6.00 price objective on shares of Kinross Gold and gave the stock a “buy” rating in a report on Thursday, October 19th. Finally, ValuEngine upgraded shares of Kinross Gold from a “sell” rating to a “hold” rating in a report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company’s stock. Kinross Gold presently has an average rating of “Hold” and a consensus price target of $4.88.

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About Kinross Gold

Kinross Gold Corporation is a gold mining company. The Company is engaged in gold mining and related activities, including exploration and acquisition of gold-bearing properties, the extraction and processing of gold-containing ore, and reclamation of gold mining properties. The Company’s segments include Fort Knox, Round Mountain, Bald Mountain, Kettle River-Buckhorn, Kupol, Paracatu, Maricunga, Tasiast and Chirano.

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Institutional Ownership by Quarter for Kinross Gold (NYSE:KGC)

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