Insider Buying: Anglo American plc (AAL) Insider Buys 7 Shares of Stock

Anglo American plc (LON:AAL) insider Mark Cutifani acquired 7 shares of the stock in a transaction that occurred on Thursday, March 14th. The stock was purchased at an average price of GBX 1,969 ($25.73) per share, with a total value of £137.83 ($180.10).

AAL stock traded down GBX 4.20 ($0.05) during trading hours on Friday, reaching GBX 1,939 ($25.34). 3,768,070 shares of the stock were exchanged, compared to its average volume of 6,120,000. Anglo American plc has a 12 month low of GBX 950.10 ($12.41) and a 12 month high of GBX 1,870 ($24.43).

The company also recently announced a dividend, which will be paid on Friday, May 3rd. Shareholders of record on Thursday, March 14th will be issued a dividend of $0.51 per share. This represents a yield of 1.93%. The ex-dividend date of this dividend is Thursday, March 14th. This is a boost from Anglo American’s previous dividend of $0.49.

A number of analysts recently commented on AAL shares. Deutsche Bank restated a “hold” rating on shares of Anglo American in a research report on Wednesday, December 12th. UBS Group restated a “neutral” rating on shares of Anglo American in a research report on Thursday, November 29th. Royal Bank of Canada restated an “outperform” rating and issued a GBX 1,850 ($24.17) price objective on shares of Anglo American in a research report on Tuesday, December 11th. Societe Generale cut shares of Anglo American to a “hold” rating in a research report on Wednesday, January 16th. Finally, Redburn Partners cut shares of Anglo American to a “sell” rating in a research report on Thursday, February 7th. Four analysts have rated the stock with a sell rating, five have issued a hold rating, seven have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Hold” and an average price target of GBX 1,952.67 ($25.52).

COPYRIGHT VIOLATION WARNING: “Insider Buying: Anglo American plc (AAL) Insider Buys 7 Shares of Stock” was posted by WKRB News and is the property of of WKRB News. If you are reading this news story on another website, it was copied illegally and republished in violation of U.S. and international trademark & copyright legislation. The legal version of this news story can be read at https://www.wkrb13.com/2019/03/15/insider-buying-anglo-american-plc-aal-insider-buys-7-shares-of-stock.html.

Anglo American Company Profile

Anglo American plc, together with its subsidiaries, engages in exploring, mining, and processing various metals and minerals worldwide. The company explores for rough and polished diamonds, copper, platinum group metals, metallurgical and thermal coal, and iron; and nickel and manganese ores, as well as alloys.

Read More: What are the most popular ETFs

Insider Buying and Selling by Quarter for Anglo American (LON:AAL)

Receive News & Ratings for Anglo American Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Anglo American and related companies with MarketBeat.com's FREE daily email newsletter.