Howard Capital Management Has $254000 Stake in Rio Tinto plc (RIO)

129900 Shares in Rio Tinto PLC (RIO) Acquired by LSV Asset Management

Rio Tinto Price Target Increased to GBX 4300 at Deutsche Bank AG

The company on Friday announced an additional share buyback of $US2.5 billion ($3.2 billion), comprising of an off-market buyback worth $US560 million for the Australian-listed shares and another $US1.9 billion allocation to its existing on-market buyback program for London-listed shares. Forte Capital Llc bought 7,030 shares as the company's stock declined 2.34% while stock markets rallied.

Rio Tinto plc (LON RIO) opened at 3500.00 on Thursday.

Glencore PLC had bid for Coal & Allied but lost out to Yancoal, but then subsequently struck a deal with Yancoal to take a stake in Coal & Allied after the purchase from Rio Tinto had been completed. In a research note shared with investors on Thursday, 21 September, Bp (LON:BP) shares have had their Neutral Rating reconfirmed by professional analysts at Goldman Sachs. Zacks Investment Research cut Rio Tinto PLC from a "hold" rating to a "strong sell" rating in a report on Wednesday, June 21st. Goldman Sachs maintained the shares of TRP in report on Wednesday, July 20 with "Buy" rating.

Legs For Days!! Icons Reunite 20 Years After Designer Versace's Death
In a post on Instagram , Donatalla stated "I have made a decision to honor his legacy with his dazzling metal mesh". Plus, what an appropriately epic backdrop for Cindy Crawford and Kaia Gerber's first joint runway appearance.

Rio Tinto PLC on Thursday said it has committed an additional USD2.50 billion to its ongoing share buyback programme as it returns the proceeds from its recent sale of Coal & Allied to shareholders. Macquarie Research maintained Rio Tinto plc (LON:RIO) on Tuesday, May 17 with "Outperform" rating. Deutsche Bank maintained Rio Tinto plc (LON:RIO) on Monday, November 30 with "Buy" rating. They now have a GBX 4,300 ($57.97) price objective on the stock. The rating was maintained by Liberum Capital with "Hold" on Thursday, September 3. The firm has a 50-day moving average of GBX 3,570.46 and a 200-day moving average of GBX 3,303.48. The stock has a market cap of $85.40 billion, a price-to-earnings ratio of 13.89 and a beta of 0.98.

In other news, insider W Sam H. Laidlaw bought 7,500 shares of Rio Tinto plc stock in a transaction on Monday, August 14th. Also, insider Jean-Sébastien Jacques bought 11 shares of the company's stock in a transaction that occurred on Monday, July 17th.

TRADEMARK VIOLATION NOTICE: This piece of content was first posted by Week Herald and is the sole property of of Week Herald. Shareholders of record on Friday, August 11th were issued a dividend of $1.10 per share. The legal version of this news story can be read at https://www.dispatchtribunal.com/2017/09/23/macquarie-reiterates-outperform-rating-for-rio-tinto-plc-rio.html. The stock was purchased at an average price of GBX 3,501 ($47.20) per share, with a total value of £385.11 ($519.23). The institutional investor held 25,064 shares of the precious metals company at the end of 2017Q2, valued at $1.06M, up from 10,497 at the end of the previous reported quarter. The Company operates an iron ore business, supplying the global seaborne iron ore trade. The Aluminium business includes bauxite mines, alumina refineries and aluminum smelters.

Latest News