Northern Trust Corp raised its position in shares of Randgold Resources Limited (NASDAQ:GOLD) by 1.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,585 shares of the basic materials company’s stock after purchasing an additional 837 shares during the period. Northern Trust Corp owned approximately 0.09% of Randgold Resources Limited worth $7,659,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Federated Investors Inc. PA acquired a new position in Randgold Resources Limited during the second quarter valued at approximately $7,745,000. Ameriprise Financial Inc. raised its position in Randgold Resources Limited by 15.8% during the first quarter. Ameriprise Financial Inc. now owns 5,250 shares of the basic materials company’s stock valued at $461,000 after purchasing an additional 716 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in Randgold Resources Limited by 145.5% during the second quarter. DekaBank Deutsche Girozentrale now owns 3,268 shares of the basic materials company’s stock valued at $287,000 after purchasing an additional 1,937 shares in the last quarter. BlackRock Inc. raised its position in Randgold Resources Limited by 7.8% during the second quarter. BlackRock Inc. now owns 9,333,067 shares of the basic materials company’s stock valued at $825,605,000 after purchasing an additional 671,684 shares in the last quarter. Finally, Aperio Group LLC raised its position in Randgold Resources Limited by 4.5% during the second quarter. Aperio Group LLC now owns 157,480 shares of the basic materials company’s stock valued at $13,931,000 after purchasing an additional 6,826 shares in the last quarter. Institutional investors and hedge funds own 35.67% of the company’s stock.

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GOLD has been the subject of several research analyst reports. BidaskClub upgraded shares of Randgold Resources Limited from a “sell” rating to a “hold” rating in a research report on Thursday, July 20th. Zacks Investment Research downgraded shares of Randgold Resources Limited from a “buy” rating to a “hold” rating in a research report on Wednesday, August 30th. Investec upgraded shares of Randgold Resources Limited from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. Finally, UBS AG downgraded shares of Randgold Resources Limited from a “buy” rating to a “neutral” rating in a research report on Thursday. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Randgold Resources Limited presently has a consensus rating of “Hold” and a consensus target price of $105.00.

Randgold Resources Limited (NASDAQ:GOLD) opened at $90.55 on Friday. The stock has a market cap of $8,576.25, a price-to-earnings ratio of 30.91 and a beta of -0.07. Randgold Resources Limited has a 1-year low of $67.54 and a 1-year high of $108.29.

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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