Sagil Capital LLP purchased a new stake in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 629,506 shares of the mining company's stock, valued at approximately $14,529,000. AngloGold Ashanti makes up 6.7% of Sagil Capital LLP's portfolio, making the stock its 3rd biggest position. Sagil Capital LLP owned 0.15% of AngloGold Ashanti at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of AU. Whittier Trust Co. acquired a new position in AngloGold Ashanti in the 4th quarter worth about $25,000. EverSource Wealth Advisors LLC lifted its position in shares of AngloGold Ashanti by 210.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,174 shares of the mining company's stock valued at $27,000 after buying an additional 796 shares in the last quarter. R Squared Ltd acquired a new stake in AngloGold Ashanti in the 4th quarter valued at $36,000. Decker Retirement Planning Inc. purchased a new stake in AngloGold Ashanti in the 4th quarter worth $69,000. Finally, SBI Securities Co. Ltd. purchased a new stake in AngloGold Ashanti in the 4th quarter worth $82,000. 36.09% of the stock is owned by institutional investors and hedge funds.
AngloGold Ashanti Price Performance
AU stock traded up $0.09 during mid-day trading on Monday, reaching $37.07. The company's stock had a trading volume of 1,762,255 shares, compared to its average volume of 2,516,531. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.46. The company's 50 day moving average is $31.69 and its two-hundred day moving average is $28.17. AngloGold Ashanti plc has a fifty-two week low of $21.65 and a fifty-two week high of $38.16. The stock has a market cap of $15.56 billion, a PE ratio of 11.59 and a beta of 0.92.
AngloGold Ashanti (NYSE:AU - Get Free Report) last posted its quarterly earnings results 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 company had revenue of $1.75 billion during the quarter, compared to analysts' expectations of $1.75 billion. Equities research analysts expect that AngloGold Ashanti plc will post 3.83 EPS for the current year.
AngloGold Ashanti Increases Dividend
The company also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a dividend of $0.69 per share. This is a boost from AngloGold Ashanti's previous semi-annual dividend of $0.22. The ex-dividend date was Friday, March 14th. This represents a dividend yield of 2.8%. AngloGold Ashanti's payout ratio is presently 43.13%.
Wall Street Analysts Forecast Growth
AU has been the topic of several research analyst reports. Royal Bank of Canada reiterated an "outperform" rating and issued a $36.00 target price on shares of AngloGold Ashanti in a research report on Thursday, February 20th. Scotiabank boosted their price objective on AngloGold Ashanti from $30.00 to $34.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 25th. Finally, JPMorgan Chase & Co. reduced their target price on AngloGold Ashanti from $37.00 to $32.00 and set an "overweight" rating for the company in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $34.00.
Read Our Latest Stock Analysis on AngloGold Ashanti
AngloGold Ashanti Profile
(
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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