SG Americas Securities LLC cut its holdings in AngloGold Ashanti Limited (NYSE:AU) by 57.8% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 35,007 shares of the mining company’s stock after selling 47,850 shares during the period. SG Americas Securities LLC’s holdings in AngloGold Ashanti were worth $325,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of the stock. Fox Run Management L.L.C. bought a new stake in AngloGold Ashanti in the 3rd quarter valued at about $123,000. Balyasny Asset Management LLC bought a new stake in shares of AngloGold Ashanti during the 2nd quarter worth about $183,000. Quantbot Technologies LP bought a new stake in shares of AngloGold Ashanti during the 2nd quarter worth about $219,000. Nationwide Fund Advisors raised its position in shares of AngloGold Ashanti by 202.5% during the 3rd quarter. Nationwide Fund Advisors now owns 24,344 shares of the mining company’s stock worth $226,000 after buying an additional 16,296 shares in the last quarter. Finally, QCM Cayman Ltd. bought a new stake in shares of AngloGold Ashanti during the 2nd quarter worth about $260,000. Hedge funds and other institutional investors own 31.43% of the company’s stock.

A number of research firms have commented on AU. Deutsche Bank upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Thursday, November 30th. Royal Bank of Canada upgraded shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $11.50 price target on the stock in a research report on Monday, November 13th. upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Tuesday, November 7th. Zacks Investment Research upgraded shares of AngloGold Ashanti from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. Finally, J P Morgan Chase & Co upgraded shares of AngloGold Ashanti from a “neutral” rating to an “overweight” rating in a research report on Monday, October 16th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company’s stock. AngloGold Ashanti currently has a consensus rating of “Hold” and an average target price of $11.50.

Shares of AngloGold Ashanti Limited (AU) opened at $9.26 on Friday. AngloGold Ashanti Limited has a 52-week low of $8.86 and a 52-week high of $13.68. The company has a current ratio of 1.57, a quick ratio of 0.65 and a debt-to-equity ratio of 0.88.

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AngloGold Ashanti 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.

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

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