Allianz Asset Management GmbH grew its position in AngloGold Ashanti Limited (NYSE:AU) by 5.4% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,493,787 shares of the mining company’s stock after purchasing an additional 76,317 shares during the period. Allianz Asset Management GmbH owned about 0.36% of AngloGold Ashanti worth $13,877,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Fox Run Management L.L.C. acquired a new stake in shares of AngloGold Ashanti during the third quarter worth $123,000. Balyasny Asset Management LLC acquired a new stake in shares of AngloGold Ashanti during the second quarter worth $183,000. Quantbot Technologies LP acquired a new stake in shares of AngloGold Ashanti during the second quarter worth $219,000. Nationwide Fund Advisors raised its holdings in shares of AngloGold Ashanti by 202.5% during the third quarter. Nationwide Fund Advisors now owns 24,344 shares of the mining company’s stock worth $226,000 after acquiring an additional 16,296 shares during the period. Finally, QCM Cayman Ltd. acquired a new stake in shares of AngloGold Ashanti during the second quarter worth $260,000. Institutional investors own 31.43% of the company’s stock.

AU has been the topic of several recent research reports. Zacks Investment Research upgraded shares of AngloGold Ashanti from a “sell” rating to a “hold” rating in a research note on Monday, September 4th. Royal Bank of Canada raised shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $11.50 price objective for the company in a research report on Monday, November 13th. raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Deutsche Bank raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Finally, J P Morgan Chase & Co raised shares of AngloGold Ashanti from a “neutral” rating to an “overweight” rating in a research report on Monday, October 16th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $11.50.

AngloGold Ashanti Limited (NYSE AU) opened at $9.16 on Friday. AngloGold Ashanti Limited has a 12-month low of $8.86 and a 12-month high of $13.68. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.65 and a current ratio of 1.57.

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AngloGold Ashanti Company Profile

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company’s business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products.

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Institutional Ownership by Quarter for AngloGold Ashanti (NYSE:AU)

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