17,395 Shares in AngloGold Ashanti plc (NYSE:AU) Acquired by Wellington Management Group LLP

Wellington Management Group LLP acquired a new stake in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,395 shares of the mining company's stock, valued at approximately $392,000.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake 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 valued at $467,795,000 after buying an additional 3,882,283 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in shares of AngloGold Ashanti by 274.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,133,744 shares of the mining company's stock worth $118,448,000 after purchasing an additional 3,764,165 shares in the last quarter. Marshall Wace LLP lifted its position in shares of AngloGold Ashanti by 3,767.1% in the fourth quarter. Marshall Wace LLP now owns 2,751,410 shares of the mining company's stock worth $63,503,000 after purchasing an additional 2,680,261 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of AngloGold Ashanti by 10.9% in the fourth quarter. Van ECK Associates Corp now owns 25,411,814 shares of the mining company's stock worth $586,504,000 after purchasing an additional 2,491,130 shares in the last quarter. Finally, Carrhae Capital LLP lifted its position in shares of AngloGold Ashanti by 170.0% in the fourth quarter. Carrhae Capital LLP now owns 3,459,193 shares of the mining company's stock worth $79,838,000 after purchasing an additional 2,177,783 shares in the last quarter. Institutional investors and hedge funds own 36.09% of the company's stock.

AngloGold Ashanti Stock Performance

NYSE:AU traded up $0.74 during mid-day trading on Wednesday, reaching $45.85. 2,705,244 shares of the company's stock were exchanged, compared to its average volume of 2,640,627. AngloGold Ashanti plc has a one year low of $22.34 and a one year high of $48.10. The firm has a market capitalization of $19.24 billion, a PE ratio of 15.08 and a beta of 0.49. The business's fifty day simple moving average is $42.18 and its two-hundred day simple moving average is $33.58. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73.

AngloGold Ashanti (NYSE:AU - Get Free Report) last released its earnings results on Friday, May 9th. The mining company reported $0.88 EPS for the quarter. The firm had revenue of $1.93 billion during the quarter, compared to the consensus estimate of $1.84 billion. Analysts anticipate that AngloGold Ashanti plc will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, June 13th. Stockholders of record on Monday, June 2nd will be paid a $0.125 dividend. The ex-dividend date is Friday, May 30th. This represents a dividend yield of 1.14%. AngloGold Ashanti's payout ratio is currently 16.45%.

Analyst Ratings Changes

A number of analysts have recently commented on AU shares. Royal Bank of Canada boosted their price objective on shares of AngloGold Ashanti from $39.00 to $41.00 and gave the stock an "outperform" rating in a research report on Friday, April 4th. Wall Street Zen cut shares of AngloGold Ashanti from a "strong-buy" rating to a "buy" rating in a research note on Sunday, June 1st. HSBC reiterated a "reduce" rating and issued a $35.00 price target on shares of AngloGold Ashanti in a research note on Thursday, April 17th. JPMorgan Chase & Co. increased 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. Finally, Scotiabank increased their price objective on shares of AngloGold Ashanti from $42.00 to $43.50 and gave the company a "sector perform" rating in a research report on Monday, May 12th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, AngloGold Ashanti presently has an average rating of "Moderate Buy" and an average target price of $41.30.

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.