Westwood Holdings Group Inc. lessened its position in Randgold Resources Ltd. (NASDAQ:GOLD) by 1.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 38,509 shares of the basic materials company’s stock after selling 601 shares during the period. Westwood Holdings Group Inc.’s holdings in Randgold Resources were worth $3,808,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. FNY Managed Accounts LLC bought a new position in shares of Randgold Resources in the 3rd quarter valued at about $152,000. Advisory Services Network LLC grew its position in shares of Randgold Resources by 60.4% in the 4th quarter. Advisory Services Network LLC now owns 1,700 shares of the basic materials company’s stock valued at $168,000 after acquiring an additional 640 shares during the period. Tower Research Capital LLC TRC grew its position in shares of Randgold Resources by 629.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 3,188 shares of the basic materials company’s stock valued at $315,000 after acquiring an additional 2,751 shares during the period. SG Americas Securities LLC grew its position in shares of Randgold Resources by 24.6% in the 4th quarter. SG Americas Securities LLC now owns 3,385 shares of the basic materials company’s stock valued at $335,000 after acquiring an additional 668 shares during the period. Finally, First Trust Advisors LP bought a new position in shares of Randgold Resources in the 4th quarter valued at about $371,000. 35.33% of the stock is owned by institutional investors.
Shares of Randgold Resources Ltd. (NASDAQ:GOLD) opened at $82.35 on Tuesday. The company has a market cap of $7,853.33, a PE ratio of 28.30 and a beta of 0.17. Randgold Resources Ltd. has a twelve month low of $79.17 and a twelve month high of $108.29.
Randgold Resources (NASDAQ:GOLD) last issued its quarterly earnings data on Monday, February 5th. The basic materials company reported $0.79 earnings per share for the quarter, missing the consensus estimate of $0.84 by ($0.05). Randgold Resources had a return on equity of 7.13% and a net margin of 21.72%. The business had revenue of $328.62 million during the quarter. equities analysts predict that Randgold Resources Ltd. will post 3.77 earnings per share for the current year.
The firm also recently disclosed a None dividend, which will be paid on Friday, May 18th. Shareholders of record on Friday, March 23rd will be paid a $1.98 dividend. This represents a yield of 0.0233518103549947%. The ex-dividend date is Thursday, March 22nd.
Several brokerages recently commented on GOLD. Zacks Investment Research downgraded shares of Randgold Resources from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 23rd. Citigroup raised shares of Randgold Resources from a “neutral” rating to a “buy” rating in a report on Tuesday, December 5th. Desjardins reaffirmed a “hold” rating on shares of Randgold Resources in a report on Monday, December 11th. BidaskClub downgraded shares of Randgold Resources from a “sell” rating to a “strong sell” rating in a report on Wednesday, February 28th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of Randgold Resources in a report on Wednesday, January 17th. One analyst has rated the stock with a sell rating, seven have given a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $79.88.
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Randgold Resources Company Profile
Randgold Resources Limited is engaged in gold mining, exploration and related activities. The Company’s activities are focused on West and Central Africa. The Company operates through the gold mining segment. The Company operates various mines, such as Morila, Loulo, Gounkoto, Tongon and Kibali. The Company is exploring in African countries, such as Mali, Senegal, Cote d’Ivoire and the Democratic Republic of Congo (DRC).
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