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

Anglo American plc (LON:AAL - Get Free Report) insider John Heasley sold 12,085 shares of the business's stock in a transaction 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 Price Performance

Anglo American stock traded down GBX 74 ($0.92) during mid-day trading on Tuesday, hitting GBX 2,095 ($26.08). The stock had a trading volume of 3,463,823 shares, compared to its average volume of 4,379,634. The firm has a market capitalization of £28.07 billion, a P/E ratio of 11,693.82, a P/E/G 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 firm's 50 day moving average is GBX 1,874.54 and its 200 day moving average is GBX 1,972.35. Anglo American plc has a one year low of GBX 1,630 ($20.29) and a one year high of GBX 2,815.50 ($35.05).

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 issued a $0.41 dividend. This represents a yield of 1.89%. The ex-dividend date is Thursday, March 14th. Anglo American's dividend payout ratio is currently 42,222.22%.

Wall Street Analyst Weigh In

AAL has been the subject of a number of research reports. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of Anglo American in a research note on Tuesday, April 9th. Barclays reissued an "overweight" rating and set a GBX 2,630 ($32.74) price objective on shares of Anglo American in a research report on Friday, February 9th. Jefferies Financial Group reissued 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. Finally, Berenberg Bank reissued a "hold" rating and set a GBX 1,600 ($19.92) price objective on shares of Anglo American in a research report on Tuesday, March 26th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of GBX 2,493.33 ($31.04).

Anglo American Company Profile

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.