John Heasley Sells 12,085 Shares of Anglo American plc (LON:AAL) Stock

Anglo American plc (LON:AAL) insider John Heasley sold 12,085 shares of the business’s stock in a transaction dated Monday, April 15th. The shares were sold at an average price of GBX 2,224 ($27.69), for a total transaction of £268,770.40 ($334,582.85).

Anglo American Stock Down 3.0 %

Anglo American stock traded down GBX 64.11 ($0.80) during trading hours on Tuesday, hitting GBX 2,104.89 ($26.20). The stock had a trading volume of 3,461,945 shares, compared to its average volume of 4,379,634. The company has a quick ratio of 1.28, a current ratio of 1.85 and a debt-to-equity ratio of 53.49. The stock has a market capitalization of £28.21 billion, a P/E ratio of 12,050.00, a price-to-earnings-growth ratio of 1.76 and a beta of 1.30. Anglo American plc has a 12-month low of GBX 1,630 ($20.29) and a 12-month high of GBX 2,815.50 ($35.05). The stock’s 50-day moving average price is GBX 1,874.54 and its 200-day moving average price is GBX 1,972.35.

Anglo American Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be issued a $0.41 dividend. The ex-dividend date of this dividend is Thursday, March 14th. This represents a yield of 1.89%. Anglo American’s dividend payout ratio (DPR) is presently 42,222.22%.

Analysts Set New Price Targets

AAL has been the topic of several research reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,500 ($31.12) price objective on shares of Anglo American in a research note on Friday, February 9th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Anglo American in a research note on Tuesday, April 9th. Berenberg Bank reissued a “hold” rating and set a GBX 1,600 ($19.92) price objective on shares of Anglo American in a research note on Tuesday, March 26th. Finally, Barclays reissued an “overweight” rating and set a GBX 2,630 ($32.74) price objective on shares of Anglo American in a research note on Friday, February 9th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, Anglo American presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,493.33 ($31.04).

Anglo American Company Profile

Anglo American plc operates as a mining company in the United Kingdom and internationally. It explores for rough and polished diamonds, copper, platinum group metals and nickel, steelmaking coal, and iron ore; and nickel, polyhalite, and manganese ores. Anglo American plc was founded in 1917 and is headquartered in London, the United Kingdom.