AngloGold Ashanti plc (NYSE:AU) Shares Acquired by Nuveen Asset Management LLC

Nuveen Asset Management LLC increased its holdings in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) by 7.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,095,964 shares of the mining company's stock after purchasing an additional 80,675 shares during the period. Nuveen Asset Management LLC owned 0.26% of AngloGold Ashanti worth $24,452,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Van ECK Associates Corp grew its stake in shares of 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 purchasing an additional 2,491,130 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of AngloGold Ashanti by 22.9% during 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 period. Dimensional Fund Advisors LP grew its position 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 buying an additional 3,764,165 shares during the last quarter. Carrhae Capital LLP grew its position 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 buying an additional 2,177,783 shares during the last quarter. Finally, Marshall Wace LLP increased its stake in AngloGold Ashanti by 3,767.1% in the 4th quarter. Marshall Wace LLP now owns 2,751,410 shares of the mining company's stock valued at $63,503,000 after buying an additional 2,680,261 shares during the period. 36.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

AU has been the subject of several recent analyst reports. HSBC restated a "reduce" rating and issued a $35.00 target price on shares of AngloGold Ashanti in a research note on Thursday, April 17th. JPMorgan Chase & Co. raised their price objective 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. Scotiabank lifted 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, May 12th. Wall Street Zen raised AngloGold Ashanti from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Royal Bank of Canada raised their price target on AngloGold Ashanti from $39.00 to $41.00 and gave the company an "outperform" rating in a report on Friday, April 4th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $41.30.

AngloGold Ashanti Price Performance

AU stock traded up $0.78 during trading on Wednesday, reaching $43.88. 744,297 shares of the company were exchanged, compared to its average volume of 2,917,276. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. The stock's 50 day moving average price is $40.08 and its 200 day moving average price is $32.04. AngloGold Ashanti plc has a 52-week low of $22.13 and a 52-week high of $46.90. The company has a market cap of $18.42 billion, a P/E ratio of 14.43 and a beta of 0.48.

AngloGold Ashanti (NYSE:AU - Get Free Report) last announced its quarterly earnings results on Friday, May 9th. The mining company reported $0.88 EPS for the quarter. The firm had revenue of $1.93 billion for the quarter, compared to analysts' expectations of $1.84 billion. As a group, analysts predict that AngloGold Ashanti plc will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 13th. Shareholders of record on Monday, June 2nd will be issued a $0.125 dividend. This represents a yield of 1.14%. The ex-dividend date is Friday, May 30th. AngloGold Ashanti's dividend payout ratio (DPR) is 16.45%.

About AngloGold Ashanti

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.