1,951,595 Shares in AngloGold Ashanti plc (NYSE:AU) Purchased by Ninety One UK Ltd

Ninety One UK Ltd purchased a new stake in shares of AngloGold Ashanti plc (NYSE:AU) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,951,595 shares of the mining company’s stock, valued at approximately $45,043,000. Ninety One UK Ltd owned approximately 0.46% of AngloGold Ashanti at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Van ECK Associates Corp raised its stake in AngloGold Ashanti by 0.4% during the third quarter. Van ECK Associates Corp now owns 22,920,684 shares of the mining company’s stock valued at $610,378,000 after purchasing an additional 80,563 shares in the last quarter. FMR LLC raised its position in shares of AngloGold Ashanti by 39.5% during the 3rd quarter. FMR LLC now owns 10,448,445 shares of the mining company’s stock valued at $277,968,000 after buying an additional 2,957,304 shares in the last quarter. TT International Asset Management LTD raised its position in shares of AngloGold Ashanti by 51.3% during the 3rd quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company’s stock valued at $75,525,000 after buying an additional 962,141 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of AngloGold Ashanti by 159.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,251,492 shares of the mining company’s stock valued at $33,327,000 after acquiring an additional 768,363 shares during the last quarter. Finally, BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in AngloGold Ashanti by 1,504.8% during the third quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 391,715 shares of the mining company’s stock worth $10,419,000 after acquiring an additional 367,306 shares during the last quarter. Institutional investors own 36.09% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on AU shares. Investec raised AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Scotiabank raised shares of AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 price objective for the company in a research note on Thursday, November 21st. JPMorgan Chase & Co. reduced their price objective on shares of AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th. StockNews.com lowered AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 price target for the company in a research note on Tuesday, December 3rd. One investment 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $31.75.

AngloGold Ashanti Stock Down 1.0 %

Shares of NYSE AU opened at $30.89 on Wednesday. AngloGold Ashanti plc has a twelve month low of $16.49 and a twelve month high of $32.57. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $25.66 and a two-hundred day simple moving average of $27.23.

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.