Anglo American plc (LON:AAL) Insider Buys £146.23 in Stock

Anglo American plc (LON:AAL - Get Free Report) insider John Heasley purchased 7 shares of the firm's stock in a transaction on Monday, September 16th. The stock was bought at an average price of GBX 2,089 ($27.60) per share, for a total transaction of £146.23 ($193.17).

John Heasley also recently made the following trade(s):

• On Wednesday, August 14th, John Heasley purchased 7 shares of Anglo American stock. The shares were purchased at an average cost of GBX 2,203 ($29.10) per share, with a total value of £154.21 ($203.71).

Anglo American Trading Up 1.8 %

Shares of AAL traded up GBX 37.50 ($0.50) during mid-day trading on Tuesday, reaching GBX 2,137 ($28.23). 2,867,037 shares of the company's stock traded hands, compared to its average volume of 6,992,929. The company has a debt-to-equity ratio of 62.94, a current ratio of 1.98 and a quick ratio of 1.28. The stock's 50-day moving average is GBX 2,220.20 and its two-hundred day moving average is GBX 2,278.09. Anglo American plc has a 12 month low of GBX 1,630 ($21.53) and a 12 month high of GBX 2,813 ($37.16). The stock has a market cap of £25.86 billion, a P/E ratio of -2,074.76, a P/E/G ratio of 1.75 and a beta of 1.10.

Anglo American Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Shareholders of record on Thursday, August 15th will be given a $0.42 dividend. This represents a yield of 1.46%. The ex-dividend date is Thursday, August 15th. This is an increase from Anglo American's previous dividend of $0.41. Anglo American's dividend payout ratio is -6,407.77%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on AAL. Citigroup reiterated a "buy" rating and set a GBX 3,000 ($39.63) target price on shares of Anglo American in a research report on Friday, May 31st. Bank of America reiterated a "buy" rating and set a GBX 3,100 ($40.95) price objective on shares of Anglo American in a research report on Wednesday, June 26th. Deutsche Bank Aktiengesellschaft reduced their target price on shares of Anglo American from GBX 2,900 ($38.31) to GBX 2,700 ($35.67) and set a "buy" rating on the stock in a report on Monday, September 9th. JPMorgan Chase & Co. lowered their price target on shares of Anglo American from GBX 2,735 ($36.13) to GBX 2,590 ($34.21) and set an "overweight" rating for the company in a report on Wednesday, July 3rd. Finally, Berenberg Bank reiterated a "sell" rating and issued a GBX 2,100 ($27.74) price target on shares of Anglo American in a research report on Friday, July 26th. One analyst has rated the stock with a sell rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of GBX 2,715 ($35.87).

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.