20,015 Shares in AngloGold Ashanti PLC $AU Purchased by Impact Partnership Wealth LLC

Impact Partnership Wealth LLC acquired a new stake in AngloGold Ashanti PLC (NYSE:AU) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 20,015 shares of the mining company’s stock, valued at approximately $1,408,000.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Amalgamated Bank acquired a new stake in shares of AngloGold Ashanti in the 2nd quarter worth $1,270,000. Franklin Resources Inc. grew its holdings in shares of AngloGold Ashanti by 14.2% in the second quarter. Franklin Resources Inc. now owns 1,675,740 shares of the mining company’s stock valued at $76,376,000 after purchasing an additional 207,923 shares during the period. Whitaker Myers Wealth Managers LTD. acquired a new stake in AngloGold Ashanti during the third quarter worth about $887,000. U S Global Investors Inc. increased its position in AngloGold Ashanti by 8.3% during the second quarter. U S Global Investors Inc. now owns 65,000 shares of the mining company’s stock worth $2,962,000 after purchasing an additional 5,000 shares during the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in AngloGold Ashanti by 7.7% during the third quarter. Commonwealth Equity Services LLC now owns 259,363 shares of the mining company’s stock worth $18,241,000 after purchasing an additional 18,457 shares during the period. 36.09% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently issued reports on AU shares. Wall Street Zen upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Zacks Research raised AngloGold Ashanti from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Roth Mkm increased their price target on AngloGold Ashanti from $84.00 to $92.00 and gave the stock a “buy” rating in a report on Monday, December 15th. Citigroup upped their target price on shares of AngloGold Ashanti from $105.00 to $120.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. Finally, HSBC restated a “reduce” rating and issued a $55.00 price objective on shares of AngloGold Ashanti in a report on Thursday, October 9th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, AngloGold Ashanti currently has an average rating of “Moderate Buy” and an average target price of $95.00.

AngloGold Ashanti Trading Down 7.3%

Shares of AU stock opened at $107.27 on Friday. AngloGold Ashanti PLC has a fifty-two week low of $28.44 and a fifty-two week high of $115.81. The company has a 50 day moving average price of $90.97 and a 200 day moving average price of $72.99. The stock has a market capitalization of $48.57 billion, a P/E ratio of 23.63 and a beta of 0.58. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.98 and a current ratio of 2.58.

AngloGold Ashanti (NYSE:AU) last issued its quarterly earnings results on Wednesday, November 12th. The mining company reported $1.32 EPS for the quarter, missing the consensus estimate of $1.34 by ($0.02). The business had revenue of $2.42 billion during the quarter, compared to analysts’ expectations of $2.53 billion. AngloGold Ashanti had a net margin of 26.25% and a return on equity of 24.01%. Equities research analysts predict that AngloGold Ashanti PLC will post 3.83 EPS for the current fiscal year.

AngloGold Ashanti Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, December 12th. Shareholders of record on Friday, November 28th were given a $0.91 dividend. The ex-dividend date of this dividend was Friday, November 28th. This represents a $3.64 dividend on an annualized basis and a yield of 3.4%. AngloGold Ashanti’s dividend payout ratio (DPR) is currently 80.18%.

About AngloGold Ashanti

AngloGold Ashanti is a global gold mining company engaged in the exploration, development, production, processing and sale of gold. Headquartered in Johannesburg, South Africa, the company’s core activities span the full mining value chain from greenfield exploration and mine development through to ore processing and rehabilitation. Gold is the primary commodity produced, with individual operations sometimes yielding other by‑products depending on local geology and processing methods.

The company was formed in 2004 through the merger of AngloGold and Ashanti Goldfields, creating a diversified international gold producer.