Insider Selling: 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 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 value of £268,770.40 ($334,582.85).

Anglo American Trading Up 0.6 %

Shares of Anglo American stock opened at GBX 2,182 ($27.16) on Friday. Anglo American plc has a 52-week low of GBX 1,630 ($20.29) and a 52-week high of GBX 2,777 ($34.57). The stock has a market cap of £29.24 billion, a PE ratio of 12,122.22, a PEG ratio of 1.76 and a beta of 1.30. The firm has a 50-day moving average of GBX 1,897.11 and a 200-day moving average of GBX 1,973.98. 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 firm also recently disclosed a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be issued a $0.41 dividend. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, March 14th. Anglo American’s dividend payout ratio is currently 42,222.22%.

Wall Street Analyst Weigh In

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