Comerica Bank reduced its position in AngloGold Ashanti Limited (NYSE:AU) by 6.3% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,941 shares of the mining company’s stock after selling 1,464 shares during the quarter. Comerica Bank’s holdings in AngloGold Ashanti Limited were worth $207,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. BlackRock Inc. grew its holdings in shares of AngloGold Ashanti Limited by 1,416.7% during the first quarter. BlackRock Inc. now owns 27,630,810 shares of the mining company’s stock valued at $297,583,000 after buying an additional 25,808,998 shares during the last quarter. Jane Street Group LLC grew its holdings in shares of AngloGold Ashanti Limited by 3,236.8% during the first quarter. Jane Street Group LLC now owns 591,010 shares of the mining company’s stock valued at $6,365,000 after buying an additional 573,298 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in shares of AngloGold Ashanti Limited by 218.1% during the first quarter. Bank of New York Mellon Corp now owns 831,541 shares of the mining company’s stock valued at $8,956,000 after buying an additional 570,117 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of AngloGold Ashanti Limited by 62.1% during the first quarter. Ameriprise Financial Inc. now owns 1,297,314 shares of the mining company’s stock valued at $13,960,000 after buying an additional 496,998 shares during the last quarter. Finally, Mackenzie Financial Corp grew its holdings in shares of AngloGold Ashanti Limited by 13.7% during the first quarter. Mackenzie Financial Corp now owns 3,193,400 shares of the mining company’s stock valued at $34,393,000 after buying an additional 384,000 shares during the last quarter. 32.76% of the stock is currently owned by institutional investors and hedge funds.

A number of brokerages have recently weighed in on AU. Zacks Investment Research lowered shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a report on Tuesday, August 1st. BidaskClub lowered shares of AngloGold Ashanti Limited from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 8th. Finally, ValuEngine lowered shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a report on Tuesday, June 27th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. AngloGold Ashanti Limited presently has an average rating of “Hold” and a consensus price target of $13.22.

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AngloGold Ashanti Limited (NYSE:AU) opened at 9.29 on Friday. AngloGold Ashanti Limited has a 52-week low of $8.89 and a 52-week high of $16.76. The company’s 50-day moving average is $9.69 and its 200-day moving average is $10.62. The firm’s market capitalization is $3.80 billion.

AngloGold Ashanti Limited 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 Limited (NYSE:AU)

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