Janus Henderson Group PLC Has $16.89 Million Holdings in Barrick Gold Corp (NYSE:GOLD)

Janus Henderson Group PLC grew its position in Barrick Gold Corp (NYSE:GOLD - Free Report) TSE: ABX by 29.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 849,730 shares of the gold and copper producer's stock after purchasing an additional 194,130 shares during the period. Janus Henderson Group PLC's holdings in Barrick Gold were worth $16,890,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Exchange Traded Concepts LLC boosted its position in shares of Barrick Gold by 198.1% during the third quarter. Exchange Traded Concepts LLC now owns 1,407 shares of the gold and copper producer's stock worth $28,000 after buying an additional 935 shares during the period. Crewe Advisors LLC boosted its position in Barrick Gold by 628.8% during the 2nd quarter. Crewe Advisors LLC now owns 1,822 shares of the gold and copper producer's stock worth $30,000 after acquiring an additional 1,572 shares during the period. Jackson Grant Investment Advisers Inc. bought a new position in shares of Barrick Gold in the second quarter worth $32,000. Eastern Bank acquired a new position in shares of Barrick Gold during the third quarter valued at $32,000. Finally, JFS Wealth Advisors LLC raised its stake in shares of Barrick Gold by 451.7% during the third quarter. JFS Wealth Advisors LLC now owns 1,909 shares of the gold and copper producer's stock valued at $38,000 after purchasing an additional 1,563 shares in the last quarter. Institutional investors and hedge funds own 62.85% of the company's stock.

Barrick Gold Trading Down 1.1 %

Shares of NYSE:GOLD traded down $0.18 during midday trading on Friday, reaching $16.77. The company had a trading volume of 20,821,104 shares, compared to its average volume of 24,266,284. The company has a fifty day simple moving average of $18.87 and a two-hundred day simple moving average of $18.53. The firm has a market cap of $29.31 billion, a price-to-earnings ratio of 18.03, a price-to-earnings-growth ratio of 0.48 and a beta of 0.53. Barrick Gold Corp has a 1-year low of $13.76 and a 1-year high of $21.35. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.06 and a current ratio of 2.65.

Barrick Gold Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Stockholders of record on Friday, November 29th will be given a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 2.39%. The ex-dividend date of this dividend is Friday, November 29th. Barrick Gold's dividend payout ratio (DPR) is currently 43.01%.

Analyst Ratings Changes

GOLD has been the topic of several research analyst reports. TD Securities lowered their target price on shares of Barrick Gold from $26.00 to $25.00 and set a "buy" rating on the stock in a research note on Tuesday, November 26th. Jefferies Financial Group boosted their target price on Barrick Gold from $23.00 to $24.00 and gave the stock a "buy" rating in a report on Friday, September 13th. Berenberg Bank increased their price target on Barrick Gold from $37.00 to $38.00 in a research note on Tuesday, November 26th. Raymond James lowered their price target on Barrick Gold from $26.00 to $25.00 and set an "outperform" rating on the stock in a research report on Monday, November 25th. Finally, CIBC cut Barrick Gold from a "sector outperform" rating to a "neutral" rating in a research note on Monday, November 25th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, Barrick Gold currently has an average rating of "Moderate Buy" and a consensus price target of $25.60.

About Barrick Gold

Barrick Gold Corporation is a sector-leading gold and copper producer.  Its shares trade on the New York Stock Exchange under the symbol GOLD and on the Toronto Stock Exchange under the symbol ABX.   In January 2019 Barrick merged with Randgold Resources and in July that year it combined its gold mines in Nevada, USA, with those of Newmont Corporation in a joint venture, Nevada Gold Mines, which is majority-owned and operated by Barrick.