Anglo American plc (LON:AAL) Insider Sells £268,770.40 in Stock

Anglo American plc (LON:AAL) insider John Heasley sold 12,085 shares of the firm’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 value of £268,770.40 ($334,582.85).

Anglo American Stock Up 3.5 %

AAL stock opened at GBX 2,168.50 ($26.99) on Thursday. The company’s 50 day moving average price is GBX 1,888.27 and its 200 day moving average price is GBX 1,972.53. The firm has a market capitalization of £29.06 billion, a price-to-earnings ratio of 12,047.22, a PEG ratio of 1.76 and a beta of 1.30. Anglo American plc has a fifty-two week low of GBX 1,630 ($20.29) and a fifty-two week high of GBX 2,815.50 ($35.05). The company has a debt-to-equity ratio of 53.49, a quick ratio of 1.28 and a current ratio of 1.85.

Anglo American Cuts Dividend

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

Analyst Ratings Changes

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

About Anglo American

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.