Mckinley Capital Management LLC Delaware trimmed its position in shares of Randgold Resources Limited (NASDAQ:GOLD) by 1.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,241 shares of the basic materials company’s stock after selling 35 shares during the period. Mckinley Capital Management LLC Delaware’s holdings in Randgold Resources Limited were worth $198,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Smith Affiliated Capital Corp. grew its position in Randgold Resources Limited by 4.0% in the 2nd quarter. Smith Affiliated Capital Corp. now owns 1,310 shares of the basic materials company’s stock worth $116,000 after purchasing an additional 50 shares during the last quarter. Wetherby Asset Management Inc. raised its holdings in shares of Randgold Resources Limited by 2.0% during the second quarter. Wetherby Asset Management Inc. now owns 3,104 shares of the basic materials company’s stock valued at $274,000 after buying an additional 62 shares during the last quarter. US Bancorp DE raised its holdings in shares of Randgold Resources Limited by 7.3% during the first quarter. US Bancorp DE now owns 2,943 shares of the basic materials company’s stock valued at $257,000 after buying an additional 201 shares during the last quarter. Advisor Group Inc. raised its holdings in shares of Randgold Resources Limited by 9.7% during the second quarter. Advisor Group Inc. now owns 2,815 shares of the basic materials company’s stock valued at $248,000 after buying an additional 250 shares during the last quarter. Finally, Acrospire Investment Management LLC raised its holdings in shares of Randgold Resources Limited by 40.0% during the second quarter. Acrospire Investment Management LLC now owns 1,400 shares of the basic materials company’s stock valued at $124,000 after buying an additional 400 shares during the last quarter. Hedge funds and other institutional investors own 35.65% of the company’s stock.

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Randgold Resources Limited (GOLD) opened at 97.66 on Monday. Randgold Resources Limited has a 12-month low of $67.54 and a 12-month high of $108.29.

Randgold Resources Limited (NASDAQ:GOLD) last issued its quarterly earnings results on Friday, August 4th. The basic materials company reported $0.88 earnings per share for the quarter, beating analysts’ consensus estimates of $0.74 by $0.14. The business had revenue of $336.79 million during the quarter. Randgold Resources Limited had a net margin of 22.75% and a return on equity of 7.89%. Equities analysts anticipate that Randgold Resources Limited will post $3.30 EPS for the current fiscal year.

GOLD has been the subject of several analyst reports. Zacks Investment Research upgraded Randgold Resources Limited from a “hold” rating to a “buy” rating and set a $98.00 price objective for the company in a research report on Wednesday, July 5th. BidaskClub upgraded Randgold Resources Limited from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. HSBC Holdings plc reaffirmed a “hold” rating on shares of Randgold Resources Limited in a research note on Friday, July 7th. Finally, J P Morgan Chase & Co reiterated an “overweight” rating and set a $107.00 price target (up previously from $105.00) on shares of Randgold Resources Limited in a research report on Monday, June 5th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and seven have issued a buy rating to the stock. Randgold Resources Limited currently has a consensus rating of “Hold” and an average price target of $105.00.

Randgold Resources Limited 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).

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

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