Edmond DE Rothschild Holding S.A. Raises Position in AngloGold Ashanti plc (NYSE:AU)

Edmond DE Rothschild Holding S.A. boosted its holdings in AngloGold Ashanti plc (NYSE:AU - Free Report) by 13.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,151 shares of the mining company's stock after acquiring an additional 11,725 shares during the quarter. Edmond DE Rothschild Holding S.A.'s holdings in AngloGold Ashanti were worth $2,255,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in AU. JPMorgan Chase & Co. raised its holdings in shares of AngloGold Ashanti by 378.2% during the third quarter. JPMorgan Chase & Co. now owns 4,782 shares of the mining company's stock valued at $127,000 after purchasing an additional 3,782 shares during the last quarter. TT International Asset Management LTD grew its position in AngloGold Ashanti by 51.3% in the 3rd quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company's stock worth $75,525,000 after purchasing an additional 962,141 shares during the period. Charles Schwab Investment Management Inc. raised its stake in AngloGold Ashanti by 297.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 259,120 shares of the mining company's stock valued at $6,900,000 after buying an additional 193,992 shares during the last quarter. Van ECK Associates Corp lifted its holdings in shares of AngloGold Ashanti by 10.9% during the 4th quarter. Van ECK Associates Corp now owns 25,411,814 shares of the mining company's stock valued at $586,504,000 after buying an additional 2,491,130 shares during the period. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in shares of AngloGold Ashanti by 1,504.8% in the 3rd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 391,715 shares of the mining company's stock worth $10,419,000 after buying an additional 367,306 shares during the last quarter. 36.09% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Ratings Changes

AU has been the subject of a number of research reports. StockNews.com upgraded AngloGold Ashanti from a "hold" rating to a "buy" rating in a research report on Thursday. Royal Bank of Canada increased their price objective on shares of AngloGold Ashanti from $39.00 to $41.00 and gave the stock an "outperform" rating in a research note on Friday. JPMorgan Chase & Co. cut their target price on shares of AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating for the company in a research report on Friday, December 6th. Finally, Scotiabank increased their price target on shares of AngloGold Ashanti from $30.00 to $34.00 and gave the stock a "sector perform" rating in a research report on Tuesday, February 25th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $35.25.

AngloGold Ashanti Stock Performance

NYSE AU traded down $3.43 on Friday, reaching $33.55. 4,230,630 shares of the stock were exchanged, compared to its average volume of 2,405,522. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.46. AngloGold Ashanti plc has a one year low of $21.65 and a one year high of $38.63. The firm has a market capitalization of $14.08 billion, a PE ratio of 10.48 and a beta of 0.81. The company's 50-day simple moving average is $32.56 and its two-hundred day simple moving average is $28.46.

AngloGold Ashanti (NYSE:AU - Get Free Report) last announced its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.10). The firm had revenue of $1.75 billion for the quarter, compared to analysts' expectations of $1.75 billion. Analysts expect that AngloGold Ashanti plc will post 3.83 EPS for the current fiscal year.

AngloGold Ashanti Increases Dividend

The business 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 represents a yield of 2.8%. This is a boost from AngloGold Ashanti's previous semi-annual dividend of $0.22. The ex-dividend date of this dividend was Friday, March 14th. AngloGold Ashanti's dividend payout ratio (DPR) is presently 43.13%.

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.