Anglo American plc (LON:AAL) Insider Marcelo Bastos Purchases 1,200 Shares

Anglo American plc (LON:AAL - Get Free Report) insider Marcelo Bastos purchased 1,200 shares of the stock in a transaction dated Tuesday, September 24th. The shares were purchased at an average cost of GBX 2,131 ($28.54) per share, for a total transaction of £25,572 ($34,242.10).

Anglo American Price Performance

AAL stock traded up GBX 31.97 ($0.43) during trading on Wednesday, reaching GBX 2,295.47 ($30.74). The company's stock had a trading volume of 3,131,331 shares, compared to its average volume of 6,893,278. The company has a quick ratio of 1.28, a current ratio of 1.98 and a debt-to-equity ratio of 62.94. The company's fifty day moving average is GBX 2,203.17 and its 200-day moving average is GBX 2,283.28. The company has a market capitalization of £27.78 billion, a P/E ratio of -2,227.67, a price-to-earnings-growth ratio of 1.91 and a beta of 1.10. Anglo American plc has a 1 year low of GBX 1,630 ($21.83) and a 1 year high of GBX 2,813 ($37.67).

Anglo American Increases Dividend

The firm also recently announced a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, August 15th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, August 15th. This represents a dividend yield of 1.46%. This is a boost from Anglo American's previous dividend of $0.41. Anglo American's dividend payout ratio (DPR) is currently -6,310.68%.

Wall Street Analyst Weigh In

Several research firms have recently commented on AAL. Citigroup reaffirmed a "buy" rating and set a GBX 3,000 ($40.17) price target on shares of Anglo American in a research report on Friday, May 31st. JPMorgan Chase & Co. decreased their price target on shares of Anglo American from GBX 2,735 ($36.62) to GBX 2,590 ($34.68) and set an "overweight" rating on the stock in a research report on Wednesday, July 3rd. Berenberg Bank reiterated a "sell" rating and set a GBX 2,100 ($28.12) price target on shares of Anglo American in a research note on Friday, July 26th. Deutsche Bank Aktiengesellschaft reduced their price objective on Anglo American from GBX 2,900 ($38.83) to GBX 2,700 ($36.15) and set a "buy" rating for the company in a research note on Monday, September 9th. Finally, Bank of America reiterated a "buy" rating and set a GBX 3,100 ($41.51) target price on shares of Anglo American in a research report on Wednesday, June 26th. One analyst has rated the stock with a sell rating and seven have given a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 2,715 ($36.36).

About Anglo American

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.