Randgold Resources Ltd. (GOLD) Shares Sold by American Century Companies Inc.

American Century Companies Inc. trimmed its position in shares of Randgold Resources Ltd. (NASDAQ:GOLD) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 206,900 shares of the basic materials company’s stock after selling 4,000 shares during the quarter. American Century Companies Inc. owned approximately 0.22% of Randgold Resources worth $20,460,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Howe & Rusling Inc. purchased a new stake in Randgold Resources during the third quarter worth $137,000. FNY Managed Accounts LLC purchased a new stake in Randgold Resources during the third quarter worth $152,000. SG Americas Securities LLC boosted its position in Randgold Resources by 24.6% during the fourth quarter. SG Americas Securities LLC now owns 3,385 shares of the basic materials company’s stock worth $335,000 after purchasing an additional 668 shares in the last quarter. FNY Partners Fund LP purchased a new stake in Randgold Resources during the fourth quarter worth $395,000. Finally, Cambridge Investment Research Advisors Inc. boosted its position in Randgold Resources by 37.0% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 4,114 shares of the basic materials company’s stock worth $402,000 after purchasing an additional 1,110 shares in the last quarter. Institutional investors own 35.37% of the company’s stock.

Shares of Randgold Resources Ltd. (NASDAQ GOLD) opened at $90.11 on Thursday. Randgold Resources Ltd. has a 12-month low of $81.35 and a 12-month high of $108.29. The stock has a market capitalization of $8,006.19, a price-to-earnings ratio of 29.25 and a beta of -0.06.

Randgold Resources (NASDAQ:GOLD) last issued its quarterly earnings data on Monday, February 5th. The basic materials company reported $0.79 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.84 by ($0.05). Randgold Resources had a net margin of 21.72% and a return on equity of 7.13%. The company had revenue of $328.62 million during the quarter. analysts forecast that Randgold Resources Ltd. will post 3.77 EPS for the current fiscal year.

The business also recently disclosed a None dividend, which will be paid on Friday, May 18th. Stockholders of record on Friday, March 23rd will be given a $1.98 dividend. The ex-dividend date is Thursday, March 22nd. This represents a dividend yield of 0.0233518103549947%. Randgold Resources’s dividend payout ratio is currently 33.68%.

A number of research firms have commented on GOLD. HC Wainwright reiterated a “buy” rating on shares of Randgold Resources in a research report on Wednesday, November 22nd. BidaskClub downgraded Randgold Resources from a “hold” rating to a “sell” rating in a research report on Thursday, February 8th. Scotiabank set a $101.00 target price on Randgold Resources and gave the stock a “hold” rating in a research report on Monday, February 5th. Numis Securities downgraded Randgold Resources from a “buy” rating to an “add” rating in a research report on Tuesday, February 6th. Finally, HSBC upgraded Randgold Resources from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Randgold Resources presently has an average rating of “Hold” and a consensus price target of $75.70.

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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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Institutional Ownership by Quarter for Randgold Resources (NASDAQ:GOLD)

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