42,000 Shares in AngloGold Ashanti plc (NYSE:AU) Bought by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd bought a new position in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 42,000 shares of the mining company's stock, valued at approximately $969,000.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its position in AngloGold Ashanti by 22.9% during the fourth quarter. Vanguard Group Inc. now owns 20,857,324 shares of the mining company's stock worth $467,795,000 after buying an additional 3,882,283 shares in the last quarter. Van ECK Associates Corp increased its stake in shares of AngloGold Ashanti by 10.9% in the 4th quarter. Van ECK Associates Corp now owns 25,411,814 shares of the mining company's stock worth $586,504,000 after acquiring an additional 2,491,130 shares during the last quarter. Carrhae Capital LLP raised its holdings in shares of AngloGold Ashanti by 170.0% during the 4th quarter. Carrhae Capital LLP now owns 3,459,193 shares of the mining company's stock worth $79,838,000 after acquiring an additional 2,177,783 shares during the period. Ninety One UK Ltd acquired a new position in shares of AngloGold Ashanti during the 4th quarter valued at about $45,043,000. Finally, TT International Asset Management LTD grew its holdings in shares of AngloGold Ashanti by 51.3% in the third quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company's stock valued at $75,525,000 after purchasing an additional 962,141 shares during the period. Hedge funds and other institutional investors own 36.09% of the company's stock.

Analyst Ratings Changes

AU has been the topic of a number of analyst reports. Scotiabank lifted their target price on shares of AngloGold Ashanti from $30.00 to $34.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 25th. Royal Bank of Canada lifted their price target on shares of AngloGold Ashanti from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. Finally, StockNews.com upgraded AngloGold Ashanti from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, AngloGold Ashanti presently has a consensus rating of "Moderate Buy" and an average target price of $35.25.

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AngloGold Ashanti Trading Up 9.9 %

Shares of AngloGold Ashanti stock traded up $3.86 on Friday, reaching $42.71. The company had a trading volume of 4,842,762 shares, compared to its average volume of 2,439,449. The firm's 50 day moving average price is $33.27 and its two-hundred day moving average price is $28.76. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. AngloGold Ashanti plc has a 52-week low of $21.65 and a 52-week high of $43.22. The firm has a market cap of $17.93 billion, a PE ratio of 13.31 and a beta of 0.81.

AngloGold Ashanti (NYSE:AU - Get Free Report) last announced its earnings results on Wednesday, February 19th. The mining company reported $0.89 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.99 by ($0.10). The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. Sell-side analysts predict that AngloGold Ashanti plc will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were paid a dividend of $0.69 per share. This is an increase from AngloGold Ashanti's previous semi-annual dividend of $0.22. This represents a yield of 2.8%. The ex-dividend date was Friday, March 14th. AngloGold Ashanti's dividend payout ratio is presently 43.13%.

About AngloGold Ashanti

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.