Insider Selling: Anglo American plc (LON:AAL) Insider Sells 12,085 Shares of Stock

Anglo American plc (LON:AAL) insider John Heasley sold 12,085 shares of Anglo American stock in a transaction that occurred on 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 Trading Up 0.6 %

LON:AAL opened at GBX 2,182 ($27.16) on Friday. Anglo American plc has a 12-month low of GBX 1,630 ($20.29) and a 12-month high of GBX 2,777 ($34.57). The firm has a market cap of £29.24 billion, a PE ratio of 12,122.22, a price-to-earnings-growth ratio of 1.76 and a beta of 1.30. The company has a current ratio of 1.85, a quick ratio of 1.28 and a debt-to-equity ratio of 53.49. The stock has a fifty day moving average price of GBX 1,897.11 and a 200 day moving average price of GBX 1,973.98.

Anglo American Cuts Dividend

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

Wall Street Analyst Weigh In

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