BNP Paribas Arbitrage SA lessened its holdings in Randgold Resources Ltd. (NASDAQ:GOLD) by 58.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,710 shares of the basic materials company’s stock after selling 3,829 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Randgold Resources were worth $265,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Howe & Rusling Inc. purchased a new position in Randgold Resources in the 3rd quarter worth $137,000. Federated Investors Inc. PA purchased a new position in Randgold Resources in the 2nd quarter worth $7,745,000. Fox Run Management L.L.C. purchased a new position in Randgold Resources in the 3rd quarter worth $420,000. Essex Investment Management Co. LLC purchased a new position in Randgold Resources in the 3rd quarter worth $1,928,000. Finally, Aperio Group LLC raised its position in Randgold Resources by 10.6% in the 3rd quarter. Aperio Group LLC now owns 174,117 shares of the basic materials company’s stock worth $17,004,000 after purchasing an additional 16,637 shares during the period. Institutional investors own 35.18% of the company’s stock.

A number of equities analysts recently commented on GOLD shares. HC Wainwright reiterated a “buy” rating on shares of Randgold Resources in a research report on Wednesday, November 22nd. Citigroup upgraded shares of Randgold Resources from a “neutral” rating to a “buy” rating in a research report on Tuesday, December 5th. Zacks Investment Research upgraded shares of Randgold Resources from a “hold” rating to a “buy” rating and set a $113.00 target price on the stock in a research report on Wednesday, September 20th. Investec upgraded shares of Randgold Resources from a “hold” rating to a “buy” rating in a research report on Friday, November 3rd. Finally, UBS lowered shares of Randgold Resources from a “buy” rating to a “neutral” rating in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and seven have assigned a buy rating to the stock. Randgold Resources currently has a consensus rating of “Hold” and a consensus price target of $84.90.

Shares of Randgold Resources Ltd. (NASDAQ:GOLD) opened at $92.44 on Thursday. The stock has a market cap of $8,544.26, a price-to-earnings ratio of 30.79 and a beta of -0.11. Randgold Resources Ltd. has a twelve month low of $67.54 and a twelve month high of $108.29.

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About Randgold Resources

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 (NASDAQ:GOLD)

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