Segall Bryant & Hamill LLC purchased a new stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL - Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 184,454 shares of the company's stock, valued at approximately $2,759,000. Segall Bryant & Hamill LLC owned 1.44% of Caledonia Mining as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Russell Investments Group Ltd. grew its holdings in Caledonia Mining by 144.7% during the 1st quarter. Russell Investments Group Ltd. now owns 2,239 shares of the company's stock worth $25,000 after acquiring an additional 1,324 shares during the period. BNP Paribas Financial Markets grew its position in shares of Caledonia Mining by 56.8% in the 1st quarter. BNP Paribas Financial Markets now owns 7,954 shares of the company's stock valued at $88,000 after purchasing an additional 2,882 shares during the period. Rhumbline Advisers raised its holdings in Caledonia Mining by 22.5% during the 2nd quarter. Rhumbline Advisers now owns 20,627 shares of the company's stock worth $200,000 after buying an additional 3,795 shares during the period. Squarepoint Ops LLC acquired a new stake in shares of Caledonia Mining in the 2nd quarter valued at about $314,000. Finally, Los Angeles Capital Management LLC bought a new stake in Caledonia Mining in the 3rd quarter valued at approximately $504,000. Institutional investors and hedge funds own 31.78% of the company's stock.
Caledonia Mining Stock Down 2.9 %
Shares of CMCL stock traded down $0.32 on Friday, reaching $10.73. The stock had a trading volume of 85,691 shares, compared to its average volume of 93,417. Caledonia Mining Co. Plc has a 12 month low of $8.91 and a 12 month high of $16.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.89 and a current ratio of 1.44. The stock has a market cap of $137.67 million, a price-to-earnings ratio of 22.35 and a beta of 0.72.
Caledonia Mining Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, December 6th. Stockholders of record on Friday, November 22nd will be given a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 22nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 5.22%. Caledonia Mining's payout ratio is presently 116.67%.
About Caledonia Mining
(
Free Report)
Caledonia Mining Corporation Plc primarily operates a gold mine. It also engages in the exploration and development of mineral properties for precious metals. The company holds a 64% interest in the Blanket Mine, a gold mine located in Zimbabwe. It also owns 100% interests in the Maligreen project, a brownfield gold exploration project located in the Gweru mining district in the Zimbabwe Midlands; the Bilboes, a gold deposit located to the north of Bulawayo, Zimbabwe; and the Motapa, a gold exploration property located in Southern Zimbabwe.
Featured Stories
Before you consider Caledonia Mining, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Caledonia Mining wasn't on the list.
While Caledonia Mining currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
