Robeco Institutional Asset Management B.V. Sells 15,665 Shares of AngloGold Ashanti plc (NYSE:AU)

Robeco Institutional Asset Management B.V. lowered its position in AngloGold Ashanti plc (NYSE:AU - Free Report) by 20.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 61,807 shares of the mining company's stock after selling 15,665 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in AngloGold Ashanti were worth $1,427,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. R Squared Ltd acquired a new stake in AngloGold Ashanti in the fourth quarter worth about $36,000. Blue Trust Inc. lifted its stake in shares of AngloGold Ashanti by 17.6% in the 4th quarter. Blue Trust Inc. now owns 7,043 shares of the mining company's stock worth $163,000 after acquiring an additional 1,052 shares during the period. SG Americas Securities LLC boosted its holdings in shares of AngloGold Ashanti by 177.9% in the fourth quarter. SG Americas Securities LLC now owns 13,124 shares of the mining company's stock valued at $303,000 after acquiring an additional 8,401 shares in the last quarter. Polianta Ltd bought a new position in shares of AngloGold Ashanti in the fourth quarter valued at approximately $1,103,000. Finally, Decker Retirement Planning Inc. acquired a new position in shares of AngloGold Ashanti during the fourth quarter valued at approximately $69,000. Institutional investors own 36.09% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on AU shares. Royal Bank of Canada upgraded AngloGold Ashanti from a "sector perform" rating to an "outperform" rating and set a $31.00 price target on the stock in a research report on Tuesday, December 3rd. Scotiabank raised AngloGold Ashanti from a "sector underperform" rating to a "sector perform" rating and set a $30.00 target price on the stock in a report on Thursday, November 21st. Investec raised shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a report on Friday, October 18th. JPMorgan Chase & Co. lowered their price objective on shares of AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating on the stock in a research note on Friday, December 6th. Finally, StockNews.com downgraded shares of AngloGold Ashanti from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $31.75.

AngloGold Ashanti Stock Down 0.2 %

Shares of AU stock traded down $0.06 during trading hours on Friday, reaching $31.44. 1,753,573 shares of the stock traded hands, compared to its average volume of 2,385,295. The business has a fifty day moving average price of $26.05 and a 200 day moving average price of $27.31. AngloGold Ashanti plc has a 1-year low of $16.49 and a 1-year high of $32.57. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.46.

AngloGold Ashanti Company Profile

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.