75,819 Shares in AngloGold Ashanti plc (NYSE:AU) Purchased by Sei Investments Co.

Sei Investments Co. purchased a new stake in AngloGold Ashanti plc (NYSE:AU - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm purchased 75,819 shares of the mining company's stock, valued at approximately $1,750,000.

Several other large investors have also recently made changes to their positions in AU. Charles Schwab Investment Management Inc. raised its stake in shares of 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 worth $6,900,000 after acquiring an additional 193,992 shares in the last quarter. Verition Fund Management LLC purchased a new position in AngloGold Ashanti in the third quarter worth $630,000. Point72 Asset Management L.P. purchased a new position in AngloGold Ashanti in the third quarter worth $2,446,000. Quantinno Capital Management LP increased its position in shares of AngloGold Ashanti by 6.1% during the third quarter. Quantinno Capital Management LP now owns 26,080 shares of the mining company's stock worth $695,000 after purchasing an additional 1,508 shares in the last quarter. Finally, State Street Corp lifted its holdings in shares of AngloGold Ashanti by 546.2% during the 3rd quarter. State Street Corp now owns 211,826 shares of the mining company's stock valued at $5,641,000 after purchasing an additional 179,045 shares during the last quarter. 36.09% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on AU shares. Scotiabank upped their target price on AngloGold Ashanti from $30.00 to $34.00 and gave the company a "sector perform" rating in a research report on Tuesday, February 25th. StockNews.com upgraded shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a report on Thursday, April 3rd. Finally, Royal Bank of Canada increased their price objective on shares of AngloGold Ashanti from $39.00 to $41.00 and gave the company an "outperform" rating in a research report on Friday, April 4th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $35.25.

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AngloGold Ashanti Stock Performance

NYSE AU traded up $2.53 on Thursday, reaching $38.95. 4,084,088 shares of the company's stock traded hands, compared to its average volume of 2,429,005. AngloGold Ashanti plc has a fifty-two week low of $21.65 and a fifty-two week high of $39.32. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. The firm has a market cap of $16.35 billion, a price-to-earnings ratio of 12.17 and a beta of 0.81. The stock has a 50 day moving average price of $33.27 and a 200-day moving average price of $28.76.

AngloGold Ashanti (NYSE:AU - Get Free Report) last released its quarterly earnings data on Wednesday, February 19th. The mining company reported $0.89 earnings per share for the quarter, missing analysts' consensus estimates of $0.99 by ($0.10). The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.75 billion. Equities research analysts predict that AngloGold Ashanti plc will post 3.83 EPS for the current fiscal year.

AngloGold Ashanti Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 14th were issued a $0.69 dividend. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from AngloGold Ashanti's previous semi-annual dividend of $0.22. This represents a yield of 2.8%. AngloGold Ashanti's payout ratio is presently 43.13%.

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.