11,118 Shares in AngloGold Ashanti plc (NYSE:AU) Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. acquired a new position in AngloGold Ashanti plc (NYSE:AU - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The fund acquired 11,118 shares of the mining company's stock, valued at approximately $248,000.

Other large investors have also modified their holdings of the company. TT International Asset Management LTD lifted its holdings in shares of AngloGold Ashanti by 51.3% during the 3rd quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company's stock valued at $75,525,000 after acquiring an additional 962,141 shares in the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of AngloGold Ashanti by 297.9% during the third quarter. Charles Schwab Investment Management Inc. now owns 259,120 shares of the mining company's stock worth $6,900,000 after purchasing an additional 193,992 shares during the period. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp raised its stake in AngloGold Ashanti by 1,504.8% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 391,715 shares of the mining company's stock worth $10,419,000 after acquiring an additional 367,306 shares during the period. Van ECK Associates Corp lifted its holdings in shares of AngloGold Ashanti by 0.4% in the 3rd quarter. Van ECK Associates Corp now owns 22,920,684 shares of the mining company's stock worth $610,378,000 after purchasing an additional 80,563 shares during the last quarter. Finally, State Street Corp boosted its holdings in shares of AngloGold Ashanti by 546.2% during the third quarter. State Street Corp now owns 211,826 shares of the mining company's stock valued at $5,641,000 after acquiring an additional 179,045 shares during the period. 36.09% of the stock is currently owned by institutional investors and hedge funds.

AngloGold Ashanti Stock Up 0.7 %

Shares of AngloGold Ashanti stock traded up $0.20 during trading on Friday, reaching $28.19. 1,843,130 shares of the company were exchanged, compared to its average volume of 1,912,419. The business has a 50-day moving average price of $25.16 and a 200-day moving average price of $27.23. 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 plc has a twelve month low of $16.49 and a twelve month high of $32.57.

Wall Street Analysts Forecast Growth

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

AngloGold Ashanti 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.