LGT Capital Partners LTD. reduced its position in AngloGold Ashanti Limited (NYSE:AU) by 55.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 631,700 shares of the mining company’s stock after selling 801,000 shares during the quarter. LGT Capital Partners LTD.’s holdings in AngloGold Ashanti were worth $8,275,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. BlackRock Inc. raised its position in AngloGold Ashanti by 74.7% in the 3rd quarter. BlackRock Inc. now owns 13,766,968 shares of the mining company’s stock worth $118,120,000 after purchasing an additional 5,888,394 shares during the period. Morgan Stanley raised its position in AngloGold Ashanti by 131.6% in the 3rd quarter. Morgan Stanley now owns 4,009,645 shares of the mining company’s stock worth $34,402,000 after purchasing an additional 2,278,635 shares during the period. AQR Capital Management LLC raised its position in AngloGold Ashanti by 965.2% in the 3rd quarter. AQR Capital Management LLC now owns 3,003,860 shares of the mining company’s stock worth $25,773,000 after purchasing an additional 2,721,852 shares during the period. Tocqueville Asset Management L.P. purchased a new stake in AngloGold Ashanti in the 4th quarter worth about $36,739,000. Finally, Renaissance Technologies LLC raised its position in AngloGold Ashanti by 72.9% in the 3rd quarter. Renaissance Technologies LLC now owns 2,780,800 shares of the mining company’s stock worth $23,859,000 after purchasing an additional 1,172,900 shares during the period. 40.31% of the stock is currently owned by institutional investors.

A number of equities analysts have commented on AU shares. Scotiabank restated a “hold” rating and issued a $14.00 target price on shares of AngloGold Ashanti in a research note on Sunday, January 20th. Zacks Investment Research downgraded shares of AngloGold Ashanti from a “hold” rating to a “sell” rating in a research note on Thursday, January 24th. Finally, ValuEngine upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Tuesday, February 19th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $13.33.

AU traded down $0.36 during trading on Thursday, hitting $13.10. The stock had a trading volume of 75,623 shares, compared to its average volume of 5,035,018. The company has a market cap of $5.51 billion, a price-to-earnings ratio of 24.75, a price-to-earnings-growth ratio of 0.81 and a beta of -1.05. AngloGold Ashanti Limited has a twelve month low of $7.07 and a twelve month high of $15.86. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 0.71.

The company also recently announced an annual dividend, which will be paid on Thursday, April 18th. Shareholders of record on Friday, March 22nd will be paid a $0.0679 dividend. The ex-dividend date is Thursday, March 21st. This represents a yield of 0.46%. AngloGold Ashanti’s dividend payout ratio (DPR) is 9.43%.

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AngloGold Ashanti Profile

AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.

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

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