Schroder Investment Management Group lifted its stake in AngloGold Ashanti Limited (NYSE: AU) by 12.3% in the second quarter, according to the latest disclosure to the Securities & Exchange Commission. The fund held 576,659 shares in the mining company's stock after the purchase of another 62,941 shares during the quarter. Schroder Investment Management Group owned approximately 0.14% of AngloGold Ashanti worth $ 4,533,000 from the most recent SEC application.
Other institutional investors and hedge funds have also recently changed their holdings to the company. ECK Associates Corp increased its position in AngloGold Ashanti by 151.9% during the second quarter. From ECK Associates Corp. now owns 49,002,114 shares of the mining company worth $ 402,307,000 after the purchase of additional 29,546,178 shares in the last quarter. BlackRock Inc. strengthened its position in AngloGold Ashanti by 38.5% during the first quarter. BlackRock Inc. now owns 25,975,108 shares of the mining company valued at $ 246,504,000 after the acquisition of another 7,226,555 shares in the last quarter. Dimensional Fund Advisors LP strengthened its position in AngloGold Ashanti by 2.8% in the second quarter. Dimensional Fund Advisors LP now owns 13,073,970 shares of the mining company worth $ 107,248,000 after the purchase of 355,196 additional shares in the last quarter. Ruffer LLP increased its position in AngloGold Ashanti by 106.1% during the second quarter. Ruffer LLP now owns 6,940,892 mine company shares worth $ 56,950,000 after purchasing 3,573,797 additional shares in the last quarter. Finally, Oaktree Capital Management LP increased its position in AngloGold Ashanti by 0.4% during the first quarter. Oaktree Capital Management LP now owns 3,384,965 shares of the mining company worth $ 32,123,000 after the acquisition of additional 14,643 shares in the last quarter. Hedge funds and other institutional investors hold 38.32% of the company's shares.
A number of equity analysts have issued reports about the company. Zacks Investment Research lowered AngloGold Ashanti from a "hold" rating to a "sell" rating in a research report on Monday 25 June. ValuEngine has upgraded AngloGold Ashanti from a "strong sales" rating to a "sell" rating in a research report on Tuesday, September 18th. Finally, Royal Bank of Canada reduced AngloGold Ashanti from an "outperform" rating to a "sector performance" rating in a research report on Tuesday, September 18th. One research analyst has assessed the shares with a sell rating, two have given a hold rating and three have given a buy rating to the shares. The company currently has an average rating of "Hold" and an average price target of $ 10.75.
NYSE AU opened Friday at $ 8.58. The company has a market capitalization of $ 3.51 billion, a PE ratio of 143.00 and a beta of -0.97. AngloGold Ashanti Limited has a 1-year low of $ 7.07 and a 1-year high of $ 12.00. The company has a current ratio of 1.84, a quick ratio of 0.79 and a debt-to-equity ratio of 0.76.
AngloGold Ashanti Company profile
AngloGold Ashanti Limited operates as a gold mining company. The company also produces silver, uranium oxide and sulfuric acid. The portfolio comprises 17 operations and 3 projects in 10 countries in South Africa, Continental Africa, North and South America and Australasia. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.
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