Generali Investments CEE investicni spolecnost a.s. bought a new position in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 19,000 shares of the mining company's stock, valued at approximately $439,000.
Other institutional investors and hedge funds also recently made changes to their positions in the company. R Squared Ltd purchased a new position in shares of AngloGold Ashanti during the fourth quarter valued at approximately $36,000. Decker Retirement Planning Inc. bought a new stake in shares of AngloGold Ashanti in the fourth quarter valued at $69,000. SBI Securities Co. Ltd. bought a new stake in AngloGold Ashanti in the 4th quarter valued at about $82,000. JPMorgan Chase & Co. lifted its stake in shares of AngloGold Ashanti by 378.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 4,782 shares of the mining company's stock valued at $127,000 after buying an additional 3,782 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of AngloGold Ashanti by 17.6% in the fourth 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. Institutional investors own 36.09% of the company's stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on the stock. StockNews.com cut shares of AngloGold Ashanti from a "buy" rating to a "hold" rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. dropped their target price on AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating for the company in a research report on Friday, December 6th. Royal Bank of Canada reaffirmed an "outperform" rating and set a $36.00 price objective on shares of AngloGold Ashanti in a research note on Thursday, February 20th. Finally, Scotiabank upped their price target on shares of AngloGold Ashanti from $30.00 to $34.00 and gave the company a "sector perform" rating in a report on Tuesday, February 25th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $34.00.
Get Our Latest Stock Report on AU
AngloGold Ashanti Stock Down 1.3 %
Shares of NYSE:AU traded down $0.41 during trading on Wednesday, hitting $31.68. The stock had a trading volume of 1,652,280 shares, compared to its average volume of 2,303,443. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.46. The company has a market capitalization of $13.30 billion, a PE ratio of 9.90 and a beta of 0.92. The firm's fifty day moving average is $29.27 and its 200 day moving average is $27.67. AngloGold Ashanti plc has a 12 month low of $20.05 and a 12 month high of $33.77.
AngloGold Ashanti (NYSE:AU - Get Free Report) last released its earnings results on Wednesday, February 19th. The mining company reported $0.89 earnings per share (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 anticipate that AngloGold Ashanti plc will post 3.83 EPS for the current fiscal year.
AngloGold Ashanti Increases Dividend
The firm also recently disclosed a semi-annual dividend, which will be paid on Friday, March 28th. Investors of record on Friday, March 14th will be issued a $0.69 dividend. This represents a yield of 2.8%. This is an increase from AngloGold Ashanti's previous semi-annual dividend of $0.22. The ex-dividend date of this dividend is Friday, March 14th. AngloGold Ashanti's dividend payout ratio (DPR) is presently 43.13%.
About AngloGold Ashanti
(
Free Report)
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.
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