Rational Advisors LLC purchased a new position in Randgold Resources Ltd. (NASDAQ:GOLD) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,963 shares of the basic materials company’s stock, valued at approximately $787,000.

Several other institutional investors also recently bought and sold shares of the company. The Manufacturers Life Insurance Company boosted its holdings in shares of Randgold Resources by 0.4% in the second quarter. The Manufacturers Life Insurance Company now owns 14,915 shares of the basic materials company’s stock worth $1,319,000 after acquiring an additional 56 shares during the period. Ameriprise Financial Inc. boosted its holdings in shares of Randgold Resources by 8.1% in the second quarter. Ameriprise Financial Inc. now owns 5,674 shares of the basic materials company’s stock worth $502,000 after acquiring an additional 424 shares during the period. Saturna Capital CORP boosted its holdings in shares of Randgold Resources by 7.3% in the fourth quarter. Saturna Capital CORP now owns 9,081 shares of the basic materials company’s stock worth $898,000 after acquiring an additional 620 shares during the period. SG Americas Securities LLC boosted its holdings in shares of Randgold Resources by 24.6% in the fourth quarter. SG Americas Securities LLC now owns 3,385 shares of the basic materials company’s stock worth $335,000 after acquiring an additional 668 shares during the period. Finally, Northern Trust Corp boosted its holdings in shares of Randgold Resources by 1.0% in the second quarter. Northern Trust Corp now owns 86,585 shares of the basic materials company’s stock worth $7,659,000 after acquiring an additional 837 shares during the period. 35.37% of the stock is owned by hedge funds and other institutional investors.

Shares of Randgold Resources Ltd. (GOLD) opened at $85.11 on Wednesday. The stock has a market capitalization of $8,054.16, a price-to-earnings ratio of 29.42 and a beta of -0.06. Randgold Resources Ltd. has a 52 week low of $81.35 and a 52 week high of $108.29.

Randgold Resources (NASDAQ:GOLD) last posted 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). The business had revenue of $328.62 million for the quarter. Randgold Resources had a net margin of 21.72% and a return on equity of 7.13%. equities analysts anticipate that Randgold Resources Ltd. will post 3.77 earnings per share for the current fiscal year.

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

A number of research firms have recently commented on GOLD. HC Wainwright reaffirmed a “buy” rating on shares of Randgold Resources in a report on Wednesday, November 22nd. BidaskClub lowered Randgold Resources from a “hold” rating to a “sell” rating in a report on Thursday, February 8th. Scotiabank set a $101.00 price target on Randgold Resources and gave the stock a “hold” rating in a report on Monday, February 5th. Numis Securities lowered Randgold Resources from a “buy” rating to an “add” rating in a report on Tuesday, February 6th. Finally, Zacks Investment Research lowered Randgold Resources from a “hold” rating to a “sell” rating in a report on Monday. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. Randgold Resources presently has a consensus rating of “Hold” and an average price target of $75.70.

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Randgold Resources 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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