First Eagle Investment Management LLC continued to hold its stake in AngloGold Ashanti Limited (NYSE:AU) during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,840,964 shares of the mining company’s stock at the end of the second quarter. First Eagle Investment Management LLC owned about 0.45% of AngloGold Ashanti Limited worth $17,894,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Mirae Asset Global Investments Co. Ltd. increased its stake in shares of AngloGold Ashanti Limited by 27.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 284,701 shares of the mining company’s stock valued at $3,066,000 after buying an additional 60,452 shares during the last quarter. Van ECK Associates Corp increased its stake in shares of AngloGold Ashanti Limited by 16.9% in the first quarter. Van ECK Associates Corp now owns 28,608,742 shares of the mining company’s stock valued at $308,116,000 after buying an additional 4,139,327 shares during the last quarter. BlackRock Inc. increased its stake in shares of AngloGold Ashanti Limited by 1,416.7% in 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. UBS Asset Management Americas Inc. increased its stake in shares of AngloGold Ashanti Limited by 10.9% in the first quarter. UBS Asset Management Americas Inc. now owns 620,875 shares of the mining company’s stock valued at $6,687,000 after buying an additional 60,888 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its stake in shares of AngloGold Ashanti Limited by 218.1% in 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. 35.14% of the stock is currently owned by institutional investors and hedge funds.

AngloGold Ashanti Limited (NYSE:AU) opened at 9.82 on Monday. AngloGold Ashanti Limited has a 12-month low of $8.93 and a 12-month high of $19.47. The firm’s 50-day moving average is $9.67 and its 200 day moving average is $11.04. The firm has a market cap of $4.01 billion, a PE ratio of 65.47 and a beta of -1.37.

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Several equities research analysts recently weighed in on the stock. BidaskClub raised shares of AngloGold Ashanti Limited from a “strong sell” rating to a “sell” rating in a research note on Monday, August 14th. Zacks Investment Research downgraded shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. ValuEngine downgraded shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. Finally, CIBC downgraded shares of AngloGold Ashanti Limited from a “sector outperform” rating to a “sector perform” rating in a research note on Monday, May 15th. Four equities research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $13.22.

About AngloGold Ashanti Limited

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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