Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) Shares Sold by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC lessened its stake in shares of Caledonia Mining Co. Plc (NYSEAMERICAN:CMCL) by 5.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 173,525 shares of the company’s stock after selling 10,929 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in Caledonia Mining were worth $1,633,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Summit Global Investments purchased a new stake in shares of Caledonia Mining during the fourth quarter worth about $148,000. BNP Paribas Financial Markets grew 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 acquiring an additional 13,681 shares during the period. Globeflex Capital L P acquired a new position in Caledonia Mining in the 4th quarter valued at $436,000. Barclays PLC raised its holdings in Caledonia Mining by 62.0% in the 3rd quarter. Barclays PLC now owns 39,892 shares of the company’s stock valued at $596,000 after acquiring an additional 15,269 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its stake in shares of Caledonia Mining by 7.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 40,734 shares of the company’s stock worth $609,000 after purchasing an additional 2,717 shares during the period. Hedge funds and other institutional investors own 31.78% of the company’s stock.

Analysts Set New Price Targets

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

Caledonia Mining Stock Performance

CMCL opened at $11.61 on Friday. Caledonia Mining Co. Plc has a 1 year low of $8.81 and a 1 year high of $16.95. The business has a 50 day moving average of $10.29. The firm has a market capitalization of $223.14 million, a PE ratio of 24.19 and a beta of 0.68. 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 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 18th. Stockholders of record on Friday, April 4th will be paid a dividend of $0.14 per share. The ex-dividend date of this dividend is Friday, April 4th. This represents a $0.56 annualized dividend and a dividend yield of 4.82%. Caledonia Mining’s dividend payout ratio is presently 116.67%.

Caledonia Mining Company 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.