AngloGold Ashanti (NYSE:AU – Get Rating) had its target price cut by Deutsche Bank Aktiengesellschaft from $19.00 to $17.50 in a research note published on Monday morning, The Fly reports.
Separately, Investec upgraded AngloGold Ashanti from a hold rating to a buy rating in a report on Thursday, July 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of Moderate Buy and a consensus price target of $19.23.
AngloGold Ashanti Stock Performance
Shares of AngloGold Ashanti stock opened at $16.11 on Monday. The stock has a fifty day simple moving average of $15.38 and a 200 day simple moving average of $19.28. AngloGold Ashanti has a 12-month low of $13.47 and a 12-month high of $26.96. The company has a current ratio of 2.69, a quick ratio of 1.80 and a debt-to-equity ratio of 0.46.
AngloGold Ashanti Increases Dividend
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Van ECK Associates Corp lifted its position in shares of AngloGold Ashanti by 6.9% during the 2nd quarter. Van ECK Associates Corp now owns 24,170,534 shares of the mining company's stock valued at $357,482,000 after buying an additional 1,551,361 shares during the last quarter. Coronation Fund Managers Ltd. lifted its position in shares of AngloGold Ashanti by 42.8% during the 4th quarter. Coronation Fund Managers Ltd. now owns 8,197,097 shares of the mining company's stock valued at $171,975,000 after buying an additional 2,458,059 shares during the last quarter. Ruffer LLP lifted its holdings in AngloGold Ashanti by 7.8% during the 1st quarter. Ruffer LLP now owns 4,882,311 shares of the mining company's stock worth $115,686,000 after purchasing an additional 352,369 shares in the last quarter. Oaktree Capital Management LP lifted its holdings in AngloGold Ashanti by 3.0% during the 4th quarter. Oaktree Capital Management LP now owns 4,253,821 shares of the mining company's stock worth $89,245,000 after purchasing an additional 124,413 shares in the last quarter. Finally, Mackenzie Financial Corp lifted its holdings in AngloGold Ashanti by 20.5% during the 4th quarter. Mackenzie Financial Corp now owns 2,354,565 shares of the mining company's stock worth $49,399,000 after purchasing an additional 400,310 shares in the last quarter. Hedge funds and other institutional investors own 31.89% of the company's stock.
一些机构投资者最近对他们在该公司的头寸进行了调整。Van Eck Associates Corp在第二季度将其在盎格鲁黄金阿散蒂股票的头寸提高了6.9%。Van Eck Associates Corp目前持有24,170,534股这家矿业公司的股票，价值357,482,000美元，此前该公司在上一季度又购买了1,551,361股。加冕基金管理有限公司在第四季度将其持有的盎格鲁黄金阿散蒂股票头寸提高了42.8%。Coronation Fund Managers Ltd.现在持有这家矿业公司8,197,097股股票，价值171,975,000美元，上一季度又购买了2,458,059股。Ruffer LLP在第一季度增持了盎格鲁黄金阿散蒂7.8%的股份。Ruffer LLP现在持有这家矿业公司4,882,311股股票，价值115,686,000美元，上个季度又购买了352,369股。橡树资本管理有限公司在第四季度增持了盎格鲁黄金阿散蒂3.0%的股份。橡树资本管理有限公司目前持有这家矿业公司4,253,821股股票，价值89,245,000美元，上个季度又购买了124,413股。最后，麦肯齐金融公司在第四季度将其在盎格鲁黄金阿散蒂的持有量增加了20.5%。Mackenzie Financial Corp目前持有这家矿业公司2,354,565股股票，价值49,399,000美元，此前该公司在上个季度又购买了400,310股。对冲基金和其他机构投资者持有该公司31.89%的股票。
AngloGold Ashanti Company Profile
AngloGold Ashanti Limited operates as a gold mining company in Africa, the Americas, and Australia. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania. The company also explores for silver and sulphuric acid. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
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