Quantbot Technologies LP Acquires New Holdings in AngloGold Ashanti plc (NYSE:AU)

Quantbot Technologies LP bought a new stake in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 269,323 shares of the mining company's stock, valued at approximately $6,216,000. Quantbot Technologies LP owned approximately 0.06% of AngloGold Ashanti at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Whittier Trust Co. purchased a new stake in AngloGold Ashanti during the 4th quarter valued at $25,000. Lingohr Asset Management GmbH purchased a new stake in shares of AngloGold Ashanti in the fourth quarter valued at $425,000. Royal London Asset Management Ltd. bought a new stake in shares of AngloGold Ashanti in the 4th quarter worth about $10,297,000. Signaturefd LLC lifted its holdings in shares of AngloGold Ashanti by 66.7% in the 4th quarter. Signaturefd LLC now owns 6,159 shares of the mining company's stock worth $142,000 after acquiring an additional 2,465 shares during the last quarter. Finally, Cibc World Markets Corp purchased a new position in shares of AngloGold Ashanti during the 4th quarter worth about $346,000. Institutional investors own 36.09% of the company's stock.

AngloGold Ashanti Trading Down 0.2 %

AU stock traded down $0.07 during mid-day trading on Wednesday, reaching $35.56. The company had a trading volume of 1,049,468 shares, compared to its average volume of 2,313,741. The firm has a 50 day moving average of $31.15 and a 200 day moving average of $27.99. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.73 and a quick ratio of 1.14. AngloGold Ashanti plc has a 12 month low of $21.23 and a 12 month high of $36.69. The company has a market capitalization of $14.92 billion, a PE ratio of 11.11 and a beta of 0.92.

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AngloGold Ashanti (NYSE:AU - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.75 billion. On average, equities analysts predict that AngloGold Ashanti plc will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Increases Dividend

The company 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 is an increase from AngloGold Ashanti's previous semi-annual dividend of $0.22. This represents a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, March 14th. AngloGold Ashanti's payout ratio is presently 43.13%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on AU shares. Scotiabank increased their price objective 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. JPMorgan Chase & Co. reduced their price target on AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating on the stock in a report on Friday, December 6th. Finally, Royal Bank of Canada restated an "outperform" rating and set a $36.00 price objective on shares of AngloGold Ashanti in a report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, AngloGold Ashanti currently has an average rating of "Hold" and an average price target of $34.00.

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.