Randgold Res Ltd (NASDAQ:GOLD) Shareholder Prince Street Capital Management Llc Upped Position by $14.47 Million as Price Declined

May 17, 2018 - By Fidelia Bagby

Based on the latest 2018Q1 regulatory report from the SEC, Prince Street Capital Management Llc increased its holdings in Randgold Res Ltd (NASDAQ:GOLD) by 58.35%. Randgold Res Ltd (NASDAQ:GOLD) declined 12.90% with the market as Prince Street Capital Management Llc bought 174,300 shares. In 2018Q1, the 473,000 shares in Randgold Res Ltd (NASDAQ:GOLD) held by Prince Street Capital Management Llc were valued $39.37M, up from 298,700 last quarter. Prince Street Capital Management Llc cut its stake in and reduced Banco Bradesco S A (NYSE:BBD) position by 1.52 million shares for a total of 294,000 shares.

Prince Street Capital Management Llc is a New York-based institutional investor with more than $1.36 billion AUM in November, 2014. This fund invests only a small percentage of its assets in equities and options. Taken from Prince Street Capital Management latest Adv, the fund reported to have 20 full and part-time employees. Among which 11 performing investment advisory and research functions. The institutional investor had between 11-25 clients.

Randgold Resources Limited (NASDAQ:GOLD) Ratings Coverage

In total 6 analysts cover Randgold Resources Limited (NASDAQ:GOLD). “Buy” rating has 2, “Sell” are 1, while 3 are “Hold”. (NASDAQ:GOLD) has 33% bullish analysts. 7 are the (NASDAQ:GOLD)’s ratings reports on 17 May 2018 according to StockzIntelligence Inc. The stock rating was maintained by Desjardins Securities with “Hold” on Monday, April 16. On Wednesday, April 4 the rating was downgraded by RBC Capital Markets to “Underperform”. On Monday, February 5 the firm has “Hold” rating given by Scotia Capital. On Monday, March 26 the stock has “Buy” rating by Goldman Sachs. On Monday, April 9 the rating was maintained by JP Morgan with “Neutral”. On Tuesday, March 13 the firm has “Buy” rating given by Canaccord Genuity. On Monday, February 12 the stock has “Overweight” rating by JP Morgan.

Randgold Resources Limited explores for and develops gold deposits in Sub-Saharan Africa.The company has $7.39 billion market cap. It holds interests in the Morila gold mine, the Loulo gold mine, and the Gounkoto gold mine, which are located in Mali, West Africa; Tongon mine situated within the Nielle exploitation permit in the north of Côte d’Ivoire; and Kibali mine located in the Democratic Republic of Congo.26.76 is the P/E ratio. The firm was founded in 1995 and is based in St.

Randgold Resources Limited (NASDAQ:GOLD) Analyst Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: