Fmr LLC Purchases 2,957,304 Shares of AngloGold Ashanti plc (NYSE:AU)

FMR LLC boosted its holdings in AngloGold Ashanti plc (NYSE:AU - Free Report) by 39.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,448,445 shares of the mining company's stock after purchasing an additional 2,957,304 shares during the period. FMR LLC owned about 2.49% of AngloGold Ashanti worth $277,968,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. DekaBank Deutsche Girozentrale raised its holdings in shares of AngloGold Ashanti by 7.0% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 53,477 shares of the mining company's stock worth $1,172,000 after purchasing an additional 3,477 shares during the period. GAMMA Investing LLC lifted its position in shares of AngloGold Ashanti by 17.3% during the 2nd quarter. GAMMA Investing LLC now owns 2,938 shares of the mining company's stock valued at $74,000 after buying an additional 433 shares during the last quarter. CWM LLC grew its stake in shares of AngloGold Ashanti by 26.1% during the 2nd quarter. CWM LLC now owns 2,383 shares of the mining company's stock worth $60,000 after acquiring an additional 493 shares during the period. Cigna Investments Inc. New purchased a new stake in AngloGold Ashanti in the 2nd quarter worth about $206,000. Finally, Blue Trust Inc. raised its stake in AngloGold Ashanti by 338.3% in the 2nd quarter. Blue Trust Inc. now owns 3,471 shares of the mining company's stock valued at $87,000 after acquiring an additional 2,679 shares during the period. Institutional investors own 36.09% of the company's stock.

AngloGold Ashanti Stock Down 1.4 %

Shares of AU stock traded down $0.36 on Monday, reaching $24.58. The company's stock had a trading volume of 925,816 shares, compared to its average volume of 2,165,909. AngloGold Ashanti plc has a 12-month low of $15.80 and a 12-month high of $32.57. The stock's 50 day simple moving average is $27.03 and its 200-day simple moving average is $27.06. The company has a current ratio of 1.83, a quick ratio of 1.19 and a debt-to-equity ratio of 0.48.

Analyst Upgrades and Downgrades

AU has been the topic of several research reports. Investec raised shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a research report on Friday, October 18th. BMO Capital Markets boosted their target price on shares of AngloGold Ashanti from $28.00 to $34.00 and gave the company an "outperform" rating in a report on Wednesday, August 7th. StockNews.com lowered AngloGold Ashanti from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. boosted their price objective on AngloGold Ashanti from $32.00 to $37.00 and gave the company an "overweight" rating in a research note on Thursday, October 10th. Finally, Scotiabank upgraded AngloGold Ashanti from a "sector underperform" rating to a "sector perform" rating and set a $30.00 target price for the company in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, AngloGold Ashanti has a consensus rating of "Hold" and a consensus target price of $33.67.

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.