AngloGold Ashanti plc (NYSE:AU) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. increased its position in shares of AngloGold Ashanti plc (NYSE:AU) by 7.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,743,697 shares of the mining company’s stock after purchasing an additional 1,215,741 shares during the period. Vanguard Group Inc. owned 4.00% of AngloGold Ashanti worth $312,940,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Blue Trust Inc. increased its position in AngloGold Ashanti by 132.0% during the fourth quarter. Blue Trust Inc. now owns 4,023 shares of the mining company’s stock worth $75,000 after purchasing an additional 2,289 shares during the last quarter. Quadrant Capital Group LLC increased its position in shares of AngloGold Ashanti by 39.9% during the fourth quarter. Quadrant Capital Group LLC now owns 7,525 shares of the mining company’s stock valued at $141,000 after acquiring an additional 2,146 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of AngloGold Ashanti by 6.3% during the third quarter. O Shaughnessy Asset Management LLC now owns 10,784 shares of the mining company’s stock valued at $170,000 after acquiring an additional 643 shares during the last quarter. Beacon Pointe Advisors LLC acquired a new stake in shares of AngloGold Ashanti during the fourth quarter valued at about $230,000. Finally, Yousif Capital Management LLC acquired a new stake in shares of AngloGold Ashanti during the fourth quarter valued at about $254,000. 36.09% of the stock is currently owned by institutional investors and hedge funds.

AngloGold Ashanti Trading Up 0.6 %

Shares of AngloGold Ashanti stock opened at $25.13 on Friday. AngloGold Ashanti plc has a 52-week low of $14.91 and a 52-week high of $26.01. The company has a 50 day moving average of $23.81 and a 200 day moving average of $21.04.

Wall Street Analyst Weigh In

AU has been the subject of a number of recent analyst reports. HSBC cut shares of AngloGold Ashanti from a “hold” rating to a “reduce” rating in a research report on Friday, April 19th. JPMorgan Chase & Co. lifted their price target on shares of AngloGold Ashanti from $31.00 to $33.00 and gave the company an “overweight” rating in a research report on Tuesday, May 28th. Finally, Scotiabank raised their price objective on shares of AngloGold Ashanti from $22.00 to $26.00 and gave the company a “sector perform” rating in a research note on Thursday, May 23rd. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $24.75.

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.