AngloGold Ashanti PLC (NYSE:AU) Shares Sold by Rakuten Securities Inc.

Rakuten Securities Inc. decreased its position in AngloGold Ashanti PLC (NYSE:AU - Free Report) by 65.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,651 shares of the mining company's stock after selling 7,069 shares during the quarter. Rakuten Securities Inc.'s holdings in AngloGold Ashanti were worth $136,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of AngloGold Ashanti by 22.9% during the 4th quarter. Vanguard Group Inc. now owns 20,857,324 shares of the mining company's stock valued at $467,795,000 after buying an additional 3,882,283 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of AngloGold Ashanti by 274.8% during 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. Marshall Wace LLP boosted its stake 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 buying an additional 2,680,261 shares during the last quarter. Carrhae Capital LLP boosted its stake in shares of AngloGold Ashanti by 170.0% during 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, Voloridge Investment Management LLC purchased a new position in shares of AngloGold Ashanti during the 4th quarter valued at approximately $24,741,000. Institutional investors and hedge funds own 36.09% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Royal Bank Of Canada raised their price objective on AngloGold Ashanti from $39.00 to $41.00 and gave the stock an "outperform" rating in a research note on Friday, April 4th. JPMorgan Chase & Co. raised their price objective on AngloGold Ashanti from $33.00 to $53.00 and gave the stock an "overweight" rating in a research note on Monday, April 28th. Wall Street Zen cut AngloGold Ashanti from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 1st. Scotiabank raised their price objective on AngloGold Ashanti from $42.00 to $43.50 and gave the stock a "sector perform" rating in a research note on Monday, May 12th. Finally, Roth Capital assumed coverage on AngloGold Ashanti in a research note on Thursday, June 12th. They set a "buy" rating and a $52.00 price objective on the stock. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.08.

AngloGold Ashanti Stock Performance

NYSE AU traded down $0.23 during trading hours on Friday, hitting $47.89. The company had a trading volume of 6,126,791 shares, compared to its average volume of 2,681,621. AngloGold Ashanti PLC has a fifty-two week low of $22.45 and a fifty-two week high of $51.11. The company has a quick ratio of 1.57, a current ratio of 2.34 and a debt-to-equity ratio of 0.22. The business has a fifty day simple moving average of $43.93 and a 200-day simple moving average of $34.79. The firm has a market cap of $20.10 billion, a P/E ratio of 15.75 and a beta of 0.49.

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 for the quarter. AngloGold Ashanti had a return on equity of 21.18% and a net margin of 21.09%. The firm had revenue of $1.93 billion for the quarter, compared to analyst estimates of $1.84 billion. Equities analysts predict that AngloGold Ashanti PLC will post 3.83 EPS for the current year.

AngloGold Ashanti Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 13th. Stockholders of record on Monday, June 2nd were issued a dividend of $0.125 per share. This represents a dividend yield of 1.14%. The ex-dividend date of this dividend was Friday, May 30th. AngloGold Ashanti's dividend payout ratio (DPR) is 16.45%.

AngloGold Ashanti Profile

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.