Stevens Capital Management LP cut its holdings in shares of Randgold Resources Limited (NASDAQ:GOLD) by 0.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,032 shares of the basic materials company’s stock after selling 84 shares during the quarter. Stevens Capital Management LP’s holdings in Randgold Resources Limited were worth $887,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the stock. BlackRock Inc. increased its holdings in shares of Randgold Resources Limited by 7.8% during the 2nd quarter. BlackRock Inc. now owns 9,333,067 shares of the basic materials company’s stock worth $825,605,000 after acquiring an additional 671,684 shares during the last quarter. Van ECK Associates Corp increased its holdings in shares of Randgold Resources Limited by 5.4% during the 1st quarter. Van ECK Associates Corp now owns 6,959,189 shares of the basic materials company’s stock worth $607,398,000 after acquiring an additional 354,789 shares during the last quarter. FMR LLC increased its holdings in shares of Randgold Resources Limited by 2.4% during the 1st quarter. FMR LLC now owns 3,631,499 shares of the basic materials company’s stock worth $316,957,000 after acquiring an additional 86,247 shares during the last quarter. Gabelli Funds LLC increased its holdings in shares of Randgold Resources Limited by 16.2% during the 2nd quarter. Gabelli Funds LLC now owns 915,800 shares of the basic materials company’s stock worth $81,012,000 after acquiring an additional 127,500 shares during the last quarter. Finally, Alps Advisors Inc. increased its holdings in shares of Randgold Resources Limited by 2.3% during the 2nd quarter. Alps Advisors Inc. now owns 315,619 shares of the basic materials company’s stock worth $27,920,000 after acquiring an additional 6,966 shares during the last quarter. 35.65% of the stock is currently owned by institutional investors and hedge funds.

Shares of Randgold Resources Limited (NASDAQ:GOLD) opened at 100.15 on Monday. Randgold Resources Limited has a 1-year low of $67.54 and a 1-year high of $108.29.

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

A number of research firms recently weighed in on GOLD. Zacks Investment Research lowered Randgold Resources Limited from a “buy” rating to a “hold” rating in a report on Wednesday, August 30th. J P Morgan Chase & Co restated an “overweight” rating and issued a $107.00 price target (up from $105.00) on shares of Randgold Resources Limited in a research note on Monday, June 5th. BidaskClub downgraded Randgold Resources Limited from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Finally, HSBC Holdings plc restated a “hold” rating on shares of Randgold Resources Limited in a research note on Friday, July 7th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $105.00.

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About Randgold Resources Limited

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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