Barclays PLC Purchases 15,269 Shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Barclays PLC boosted its holdings in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 62.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 39,892 shares of the company’s stock after purchasing an additional 15,269 shares during the period. Barclays PLC’s holdings in Caledonia Mining were worth $596,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CMCL. Rhumbline Advisers boosted its holdings in shares of Caledonia Mining by 22.5% in the second quarter. Rhumbline Advisers now owns 20,627 shares of the company’s stock valued at $200,000 after buying an additional 3,795 shares during the period. BNP Paribas Financial Markets boosted its stake in Caledonia Mining by 358.2% in the 3rd quarter. BNP Paribas Financial Markets now owns 17,500 shares of the company’s stock worth $262,000 after purchasing an additional 13,681 shares during the period. Squarepoint Ops LLC bought a new position in Caledonia Mining during the 2nd quarter worth about $314,000. Marshall Wace LLP acquired a new stake in shares of Caledonia Mining in the 2nd quarter valued at about $384,000. Finally, Bank of New York Mellon Corp lifted its holdings in shares of Caledonia Mining by 11.8% in the second quarter. Bank of New York Mellon Corp now owns 48,073 shares of the company’s stock valued at $467,000 after purchasing an additional 5,087 shares in the last quarter. 31.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Separately, Maxim Group began coverage on Caledonia Mining in a report on Monday, December 16th. They set a “buy” rating and a $17.00 price objective for the company.

Caledonia Mining Trading Up 0.9 %

NYSEAMERICAN CMCL opened at $9.41 on Thursday. 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 company has a market capitalization of $120.73 million, a PE ratio of 19.60 and a beta of 0.64. Caledonia Mining Co. Plc has a 12-month low of $8.91 and a 12-month high of $16.95.

Caledonia Mining Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were given a dividend of $0.14 per share. The ex-dividend date was Friday, November 22nd. This represents a $0.56 annualized dividend and a yield of 5.95%. Caledonia Mining’s dividend payout ratio (DPR) is presently 116.67%.

Caledonia Mining Profile

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.