AngloGold Ashanti Limited (NYSE:AU – Get Rating) shares saw strong trading volume on Monday following a dividend announcement from the company. 250,792 shares changed hands during mid-day trading, a decline of 92% from the previous session's volume of 3,146,284 shares.The stock last traded at $16.15 and had previously closed at $14.99.
The newly announced dividend which will be paid on Monday, September 19th. Shareholders of record on Friday, August 26th will be given a dividend of $0.2935 per share. This represents a dividend yield of 2.7%. This is a positive change from AngloGold Ashanti's previous semi-annual dividend of $0.14. The ex-dividend date of this dividend is Thursday, August 25th.
Analysts Set New Price Targets
AU has been the topic of a number of research analyst reports. StockNews.com raised shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a research note on Monday. Investec upgraded shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a research note on Thursday, July 7th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of AngloGold Ashanti from $19.00 to $17.50 in a research report on Monday. One analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, AngloGold Ashanti currently has an average rating of "Moderate Buy" and an average target price of $19.23.
AngloGold Ashanti Stock Down 0.4 %
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of AU. Larson Financial Group LLC acquired a new stake in shares of AngloGold Ashanti during the 2nd quarter worth approximately $32,000. Lindbrook Capital LLC lifted its position in AngloGold Ashanti by 83.0% during the second quarter. Lindbrook Capital LLC now owns 2,862 shares of the mining company's stock worth $42,000 after purchasing an additional 1,298 shares during the period. CWM LLC bought a new position in shares of AngloGold Ashanti in the fourth quarter worth about $72,000. Advisor Group Holdings Inc. increased its stake in shares of AngloGold Ashanti by 22.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 4,826 shares of the mining company's stock valued at $100,000 after buying an additional 871 shares during the period. Finally, Fox Run Management L.L.C. acquired a new stake in AngloGold Ashanti during the 1st quarter valued at approximately $204,000. Institutional investors and hedge funds own 31.89% of the company's stock.
几家对冲基金最近调整了对友达的持股。拉森金融集团有限公司在第二季度收购了盎格鲁黄金阿散蒂公司价值约3.2万美元的新股份。Lindbrook Capital LLC在第二季度将其在盎格鲁黄金阿散蒂的头寸提高了83.0%。在此期间，Lindbrook Capital LLC又购买了1,298股力拓股票，目前持有该公司2,862股股票，价值42,000美元。Cwm LLC在第四季度购买了价值约7.2万美元的盎格鲁黄金阿散蒂股票新头寸。Advisor Group Holdings Inc.在第四季度增持了盎格鲁黄金阿散蒂股票22.0%。Advisor Group Holdings Inc.现在持有这家矿业公司4,826股股票，价值10万美元，在此期间又购买了871股。最后，Fox Run Management L.L.C.在第一季度收购了盎格鲁黄金阿散蒂的新股份，价值约20.4万美元。机构投资者和对冲基金持有该公司31.89%的股票。
About AngloGold Ashanti
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.
- Get a free copy of the StockNews.com research report on AngloGold Ashanti (AU)
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