Northern Trust Corp boosted its position in Randgold Resources Ltd. (NASDAQ:GOLD) by 2.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 92,296 shares of the basic materials company’s stock after acquiring an additional 2,210 shares during the period. Northern Trust Corp owned 0.10% of Randgold Resources worth $7,115,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. boosted its holdings in Randgold Resources by 27.9% during the second quarter. Sei Investments Co. now owns 3,799 shares of the basic materials company’s stock worth $293,000 after buying an additional 828 shares during the last quarter. Trexquant Investment LP bought a new position in Randgold Resources during the second quarter worth about $442,000. Tower Research Capital LLC TRC boosted its holdings in Randgold Resources by 467.0% during the second quarter. Tower Research Capital LLC TRC now owns 6,401 shares of the basic materials company’s stock worth $493,000 after buying an additional 5,272 shares during the last quarter. Oxbow Advisors LLC boosted its holdings in Randgold Resources by 24.8% during the second quarter. Oxbow Advisors LLC now owns 10,360 shares of the basic materials company’s stock worth $799,000 after buying an additional 2,060 shares during the last quarter. Finally, Ruffer LLP bought a new position in Randgold Resources during the second quarter worth about $1,001,000. Institutional investors and hedge funds own 39.71% of the company’s stock.

GOLD has been the topic of a number of recent analyst reports. ValuEngine cut Randgold Resources from a “sell” rating to a “strong sell” rating in a report on Friday, September 14th. JPMorgan Chase & Co. cut Randgold Resources from an “overweight” rating to a “neutral” rating and set a $68.00 target price on the stock. in a report on Tuesday, September 25th. Zacks Investment Research upgraded Randgold Resources from a “strong sell” rating to a “hold” rating in a report on Thursday, November 8th. BidaskClub cut Randgold Resources from a “buy” rating to a “hold” rating in a report on Wednesday, November 28th. Finally, Macquarie cut Randgold Resources from an “outperform” rating to a “neutral” rating in a report on Monday, October 22nd. They noted that the move was a valuation call. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Randgold Resources currently has a consensus rating of “Buy” and an average price target of $87.00.

Shares of NASDAQ:GOLD traded up $2.04 during trading on Friday, hitting $85.67. 1,129,744 shares of the company’s stock traded hands, compared to its average volume of 685,096. Randgold Resources Ltd. has a 52 week low of $59.90 and a 52 week high of $104.05. The stock has a market capitalization of $7.90 billion, a PE ratio of 29.34 and a beta of -0.27.

Randgold Resources (NASDAQ:GOLD) last released its quarterly earnings data on Tuesday, November 6th. The basic materials company reported $0.64 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.03. Randgold Resources had a return on equity of 6.16% and a net margin of 21.82%. The business had revenue of $243.57 million for the quarter. Equities analysts anticipate that Randgold Resources Ltd. will post 2.68 earnings per share for the current year.

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Randgold Resources Company Profile

Randgold Resources Ltd. engages in the exploration and development of gold deposits. Its projects include the following: Loulo-Gounkoto complex, Morila gold mine, Tongon gold mine, Kibali gold mine, and Massawa. The company was founded in August 1995 and is headquartered in St. Helier, the United Kingdom.

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

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