Barclays PLC Has $596,000 Stock Position in Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL)

Barclays PLC raised its holdings in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 62.0% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,892 shares of the company’s stock after purchasing an additional 15,269 shares during the period. Barclays PLC owned 0.31% of Caledonia Mining worth $596,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Bank of New York Mellon Corp boosted its position in shares of Caledonia Mining by 11.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 48,073 shares of the company’s stock worth $467,000 after purchasing an additional 5,087 shares during the last quarter. Rhumbline Advisers lifted its stake in 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. American Century Companies Inc. lifted its stake in Caledonia Mining by 10.0% in the second quarter. American Century Companies Inc. now owns 102,932 shares of the company’s stock valued at $1,000,000 after buying an additional 9,318 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Caledonia Mining by 14.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 188,274 shares of the company’s stock worth $1,830,000 after buying an additional 24,447 shares during the period. Finally, Renaissance Technologies LLC acquired a new position in shares of Caledonia Mining during the 2nd quarter worth about $656,000. Institutional investors own 31.78% of the company’s stock.

Caledonia Mining Price Performance

Shares of CMCL stock opened at $9.27 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.44 and a quick ratio of 0.89. Caledonia Mining Co. Plc has a 12-month low of $8.81 and a 12-month high of $16.95. The firm has a market capitalization of $178.17 million, a PE ratio of 19.31 and a beta of 0.66.

Caledonia Mining Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Friday, November 22nd were paid a $0.14 dividend. The ex-dividend date was Friday, November 22nd. This represents a $0.56 dividend on an annualized basis and a yield of 6.04%. Caledonia Mining’s payout ratio is 116.67%.

Analyst Upgrades and Downgrades

Separately, Maxim Group upgraded shares of Caledonia Mining to a “strong-buy” rating in a research report on Friday, January 3rd.

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.