Vanguard Group Inc. lifted its holdings in shares of AngloGold Ashanti Limited (NYSE:AU) by 19.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 594,639 shares of the mining company’s stock after acquiring an additional 97,251 shares during the quarter. Vanguard Group Inc.’s holdings in AngloGold Ashanti were worth $10,590,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Parallel Advisors LLC boosted its holdings in shares of AngloGold Ashanti by 458.8% during the 2nd quarter. Parallel Advisors LLC now owns 2,157 shares of the mining company’s stock worth $38,000 after buying an additional 1,771 shares during the period. Lindbrook Capital LLC lifted its holdings in shares of AngloGold Ashanti by 50.9% in the 2nd quarter. Lindbrook Capital LLC now owns 2,585 shares of the mining company’s stock valued at $46,000 after buying an additional 872 shares during the period. Exane Derivatives acquired a new position in shares of AngloGold Ashanti in the 2nd quarter valued at about $66,000. US Bancorp DE lifted its holdings in shares of AngloGold Ashanti by 23.9% in the 2nd quarter. US Bancorp DE now owns 4,781 shares of the mining company’s stock valued at $85,000 after buying an additional 923 shares during the period. Finally, Advisory Services Network LLC lifted its holdings in shares of AngloGold Ashanti by 1,351.3% in the 1st quarter. Advisory Services Network LLC now owns 10,377 shares of the mining company’s stock valued at $136,000 after buying an additional 9,662 shares during the period. Institutional investors and hedge funds own 36.63% of the company’s stock.

Shares of AU stock traded up $1.29 during trading hours on Wednesday, reaching $21.56. The company had a trading volume of 118,842 shares, compared to its average volume of 3,210,972. The company has a debt-to-equity ratio of 0.53, a quick ratio of 0.43 and a current ratio of 0.90. The stock has a fifty day moving average of $20.22 and a 200-day moving average of $17.12. The company has a market capitalization of $8.72 billion, a price-to-earnings ratio of 40.69, a PEG ratio of 0.42 and a beta of -1.04. AngloGold Ashanti Limited has a 12-month low of $9.17 and a 12-month high of $23.85.

Several equities analysts have recently issued reports on AU shares. Royal Bank of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $17.05 price objective for the company in a report on Wednesday, June 26th. ValuEngine lowered AngloGold Ashanti from a “sell” rating to a “strong sell” rating in a research note on Wednesday, October 2nd. JPMorgan Chase & Co. dropped their price target on AngloGold Ashanti from $26.60 to $26.10 and set an “overweight” rating for the company in a research report on Thursday, September 12th. BMO Capital Markets upgraded AngloGold Ashanti from a “market perform” rating to an “outperform” rating and upped their price target for the company from $16.00 to $21.00 in a research report on Thursday, June 27th. Finally, Zacks Investment Research lowered AngloGold Ashanti from a “buy” rating to a “sell” rating in a research report on Wednesday, October 16th. Three equities research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $20.23.

AngloGold Ashanti Company 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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