BNP Paribas Financial Markets acquired a new position in AngloGold Ashanti plc (NYSE:AU - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 308,319 shares of the mining company's stock, valued at approximately $7,116,000. BNP Paribas Financial Markets owned about 0.07% of AngloGold Ashanti as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of AU. Van ECK Associates Corp increased its stake in AngloGold Ashanti by 10.9% in the 4th quarter. Van ECK Associates Corp now owns 25,411,814 shares of the mining company's stock valued at $586,504,000 after buying an additional 2,491,130 shares during the last quarter. Vanguard Group Inc. boosted its position in AngloGold Ashanti by 22.9% in the fourth quarter. Vanguard Group Inc. now owns 20,857,324 shares of the mining company's stock worth $467,795,000 after purchasing an additional 3,882,283 shares during the last quarter. Dimensional Fund Advisors LP grew its stake in AngloGold Ashanti by 274.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,133,744 shares of the mining company's stock valued at $118,448,000 after purchasing an additional 3,764,165 shares during the period. Carrhae Capital LLP grew its stake in AngloGold Ashanti by 170.0% in the 4th quarter. Carrhae Capital LLP now owns 3,459,193 shares of the mining company's stock valued at $79,838,000 after purchasing an additional 2,177,783 shares during the period. Finally, Marshall Wace LLP increased its position in shares of AngloGold Ashanti by 3,767.1% during the 4th quarter. Marshall Wace LLP now owns 2,751,410 shares of the mining company's stock valued at $63,503,000 after purchasing an additional 2,680,261 shares during the last quarter. Institutional investors own 36.09% of the company's stock.
AngloGold Ashanti Stock Performance
Shares of NYSE AU traded up $0.21 during midday trading on Friday, hitting $40.66. The company's stock had a trading volume of 2,738,231 shares, compared to its average volume of 2,571,241. The stock has a fifty day moving average price of $38.56 and a 200 day moving average price of $31.17. The firm has a market capitalization of $17.06 billion, a price-to-earnings ratio of 13.37 and a beta of 0.48. AngloGold Ashanti plc has a one year low of $22.13 and a one year high of $46.90. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.46.
AngloGold Ashanti (NYSE:AU - Get Free Report) last issued its earnings results on Friday, May 9th. The mining company reported $0.88 earnings per share (EPS) for the quarter. The business had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.84 billion. On average, research analysts forecast that AngloGold Ashanti plc will post 3.83 EPS for the current fiscal year.
AngloGold Ashanti Increases Dividend
The business also recently disclosed a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a dividend of $0.69 per share. This is a boost from AngloGold Ashanti's previous semi-annual dividend of $0.22. The ex-dividend date was Friday, March 14th. This represents a yield of 2.8%. AngloGold Ashanti's dividend payout ratio is 16.45%.
Analysts Set New Price Targets
Several research firms recently weighed in on AU. JPMorgan Chase & Co. increased their price target on shares of AngloGold Ashanti from $33.00 to $53.00 and gave the company an "overweight" rating in a research report on Monday, April 28th. HSBC reissued a "reduce" rating and set a $35.00 target price on shares of AngloGold Ashanti in a research report on Thursday, April 17th. Royal Bank of Canada lifted their price target on shares of AngloGold Ashanti from $39.00 to $41.00 and gave the stock an "outperform" rating in a report on Friday, April 4th. Scotiabank increased their price objective on AngloGold Ashanti from $42.00 to $43.50 and gave the company a "sector perform" rating in a report on Monday. Finally, StockNews.com raised AngloGold Ashanti from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, AngloGold Ashanti has a consensus rating of "Moderate Buy" and an average target price of $41.30.
Read Our Latest Research Report on AU
AngloGold Ashanti Profile
(
Free Report)
AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.
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