Prudential PLC maintained its stake in Randgold Resources Limited (NASDAQ:GOLD) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,162,627 shares of the basic materials company’s stock at the close of the 2nd quarter. Prudential PLC’s holdings in Randgold Resources Limited were worth $102,846,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital World Investors lifted its holdings in shares of Randgold Resources Limited by 102.9% during the 2nd quarter. Capital World Investors now owns 1,007,000 shares of the basic materials company’s stock valued at $89,079,000 after buying an additional 510,800 shares during the period. Renaissance Technologies LLC boosted its stake in shares of Randgold Resources Limited by 218.0% in the 2nd quarter. Renaissance Technologies LLC now owns 326,600 shares of the basic materials company’s stock worth $28,891,000 after buying an additional 223,900 shares during the last quarter. Parametric Portfolio Associates LLC boosted its stake in shares of Randgold Resources Limited by 9.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 139,313 shares of the basic materials company’s stock worth $12,324,000 after buying an additional 12,215 shares during the last quarter. Advisor Group Inc. boosted its stake in shares of Randgold Resources Limited by 9.7% in the 2nd quarter. Advisor Group Inc. now owns 2,815 shares of the basic materials company’s stock worth $248,000 after buying an additional 250 shares during the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Randgold Resources Limited by 1.0% in the 2nd quarter. Northern Trust Corp now owns 86,585 shares of the basic materials company’s stock worth $7,659,000 after buying an additional 837 shares during the last quarter. Institutional investors and hedge funds own 35.65% of the company’s stock.

Randgold Resources Limited (NASDAQ:GOLD) traded up 0.95% on Wednesday, hitting $98.52. The stock had a trading volume of 115,171 shares. 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 released its quarterly earnings data on Friday, August 4th. The basic materials company reported $0.88 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.14. The business had revenue of $336.79 million during the quarter. Randgold Resources Limited had a return on equity of 7.89% and a net margin of 22.75%. On average, equities analysts predict that Randgold Resources Limited will post $3.30 EPS for the current year.

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Several analysts recently commented on GOLD shares. Zacks Investment Research raised Randgold Resources Limited from a “hold” rating to a “buy” rating and set a $113.00 price objective for the company in a report on Wednesday, September 20th. BidaskClub downgraded Randgold Resources Limited from a “buy” rating to a “hold” rating in a report on Tuesday, June 13th. Finally, HSBC Holdings plc reissued a “hold” rating on shares of Randgold Resources Limited in a report on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus 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).

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

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