Alps Advisors Inc. trimmed its position in shares of AngloGold Ashanti Limited (NYSE:AU) by 1.6% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 465,756 shares of the mining company’s stock after selling 7,717 shares during the period. Alps Advisors Inc. owned 0.11% of AngloGold Ashanti Limited worth $4,327,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Credit Suisse AG increased its holdings in AngloGold Ashanti Limited by 49.4% in the 1st quarter. Credit Suisse AG now owns 604,891 shares of the mining company’s stock valued at $6,515,000 after acquiring an additional 200,127 shares during the last quarter. Bank of Montreal Can increased its holdings in AngloGold Ashanti Limited by 4.3% in the 2nd quarter. Bank of Montreal Can now owns 52,654 shares of the mining company’s stock valued at $512,000 after acquiring an additional 2,176 shares during the last quarter. Exane Derivatives bought a new stake in AngloGold Ashanti Limited in the 2nd quarter valued at $422,000. LGT Capital Partners LTD. increased its holdings in AngloGold Ashanti Limited by 10.7% in the 2nd quarter. LGT Capital Partners LTD. now owns 930,000 shares of the mining company’s stock valued at $9,040,000 after acquiring an additional 90,000 shares during the last quarter. Finally, Hussman Strategic Advisors Inc. increased its holdings in AngloGold Ashanti Limited by 500.0% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 450,000 shares of the mining company’s stock valued at $4,374,000 after acquiring an additional 375,000 shares during the last quarter. Hedge funds and other institutional investors own 32.76% of the company’s stock.

A number of analysts have issued reports on AU shares. Zacks Investment Research downgraded shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a report on Friday, October 6th. HSBC Holdings plc upgraded shares of AngloGold Ashanti Limited from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. BidaskClub upgraded shares of AngloGold Ashanti Limited from a “strong sell” rating to a “sell” rating in a report on Monday, August 14th. Finally, J P Morgan Chase & Co upgraded shares of AngloGold Ashanti Limited from a “neutral” rating to an “overweight” rating in a report on Monday, October 16th. Three analysts have rated the stock with a sell rating, four have given a hold rating and three have assigned a buy rating to the company’s stock. AngloGold Ashanti Limited presently has a consensus rating of “Hold” and an average price target of $12.43.

AngloGold Ashanti Limited (AU) traded down $0.10 during trading on Friday, hitting $9.67. 1,315,500 shares of the stock were exchanged, compared to its average volume of 2,671,585. AngloGold Ashanti Limited has a 12-month low of $8.89 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 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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