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

Barclays PLC boosted its stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 62.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 39,892 shares of the company’s stock after acquiring an additional 15,269 shares during the quarter. Barclays PLC owned approximately 0.31% of Caledonia Mining worth $596,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in CMCL. Goehring & Rozencwajg Associates LLC raised its position in shares of Caledonia Mining by 12.8% during the second quarter. Goehring & Rozencwajg Associates LLC now owns 209,717 shares of the company’s stock worth $2,038,000 after acquiring an additional 23,800 shares during the last quarter. State Street Corp increased its position in Caledonia Mining by 0.6% in the third quarter. State Street Corp now owns 203,534 shares of the company’s stock worth $3,045,000 after purchasing an additional 1,177 shares during the period. Dimensional Fund Advisors LP raised its holdings in 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 purchasing an additional 24,447 shares during the last quarter. Segall Bryant & Hamill LLC acquired a new position in Caledonia Mining during the 3rd quarter valued at about $2,759,000. Finally, American Century Companies Inc. boosted its stake in shares of Caledonia Mining by 10.0% in the 2nd quarter. American Century Companies Inc. now owns 102,932 shares of the company’s stock valued at $1,000,000 after purchasing an additional 9,318 shares during the last quarter. Institutional investors and hedge funds own 31.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Maxim Group started coverage on shares of Caledonia Mining in a research note on Monday, December 16th. They set a “buy” rating and a $17.00 price target for the company.

Caledonia Mining Price Performance

CMCL stock opened at $9.41 on Thursday. Caledonia Mining Co. Plc has a twelve month low of $8.91 and a twelve 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 firm has a market capitalization of $120.73 million, a PE ratio of 19.60 and a beta of 0.64.

Caledonia Mining Dividend Announcement

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

About Caledonia Mining

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.