Centerra Gold Inc. $CGAU Shares Sold by Heartland Advisors Inc.

Posted by Stanley Muller on Jun 11th, 2026

Heartland Advisors Inc. trimmed its holdings in shares of Centerra Gold Inc. (NYSE:CGAU – Free Report) by 8.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,201,450 shares of the company’s stock after selling 198,200 shares during the quarter. Centerra Gold accounts for approximately 1.7% of Heartland Advisors Inc.’s portfolio, making the stock its 2nd biggest position. Heartland Advisors Inc. owned about 1.10% of Centerra Gold worth $31,635,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of CGAU. American Century Companies Inc. boosted its stake in Centerra Gold by 32.7% during the third quarter. American Century Companies Inc. now owns 5,379,277 shares of the company’s stock worth $57,631,000 after buying an additional 1,324,448 shares during the period. TD Asset Management Inc boosted its stake in Centerra Gold by 12.2% during the third quarter. TD Asset Management Inc now owns 1,489,163 shares of the company’s stock worth $15,958,000 after buying an additional 161,542 shares during the period. Waratah Capital Advisors Ltd. boosted its stake in Centerra Gold by 4.1% during the third quarter. Waratah Capital Advisors Ltd. now owns 6,954,407 shares of the company’s stock worth $74,621,000 after buying an additional 275,510 shares during the period. Quantbot Technologies LP boosted its stake in Centerra Gold by 194.2% during the third quarter. Quantbot Technologies LP now owns 345,831 shares of the company’s stock worth $3,711,000 after buying an additional 228,264 shares during the period. Finally, Polar Asset Management Partners Inc. purchased a new position in Centerra Gold during the third quarter worth about $2,036,000. 55.40% of the stock is currently owned by hedge funds and other institutional investors.

Centerra Gold Stock Performance

NYSE CGAU opened at $14.74 on Thursday. The company has a market cap of $2.93 billion, a P/E ratio of 4.75, a P/E/G ratio of 0.73 and a beta of 0.79. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.41 and a quick ratio of 1.60. The stock has a 50-day moving average of $17.84 and a two-hundred day moving average of $16.95. Centerra Gold Inc. has a 1-year low of $6.71 and a 1-year high of $21.17.

Centerra Gold (NYSE:CGAU – Get Free Report) last released its earnings results on Wednesday, April 29th. The company reported $0.44 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.03. The company had revenue of $484.70 million during the quarter, compared to the consensus estimate of $373.47 million. Centerra Gold had a return on equity of 14.90% and a net margin of 40.32%. As a group, analysts anticipate that Centerra Gold Inc. will post 1.79 EPS for the current year.

Centerra Gold Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were paid a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Thursday, May 21st. Centerra Gold’s dividend payout ratio (DPR) is presently 6.77%.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Centerra Gold in a research note on Friday, March 27th. Scotiabank lifted their target price on Centerra Gold from $19.00 to $21.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Wall Street Zen downgraded Centerra Gold from a “strong-buy” rating to a “buy” rating in a research report on Saturday, April 25th. Finally, Zacks Research downgraded Centerra Gold from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $16.67.

Check Out Our Latest Stock Report on Centerra Gold

Centerra Gold Profile

(Free Report)

Centerra Gold Inc is a gold mining company incorporated in Canada and headquartered in Toronto. The company specializes in the exploration, development and operation of precious metals properties, with a focus on gold production. Centerra’s portfolio includes the Mount Milligan mine in British Columbia, Canada, and the Otjikoto mine in Namibia. Both operations produce gold and copper concentrates and employ modern mining methods and processing facilities to optimize recovery rates and minimize environmental impact.

In addition to its producing assets, Centerra is advancing the development of its Greenstone Gold Project in Ontario, Canada, which, upon completion, is expected to become one of Canada’s largest gold mines.