Invesco Ltd. Has $46.11 Million Stake in AngloGold Ashanti plc (NYSE:AU)

Invesco Ltd. lifted its holdings in shares of AngloGold Ashanti plc (NYSE:AU - Free Report) by 19.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,997,925 shares of the mining company's stock after buying an additional 321,951 shares during the period. Invesco Ltd. owned approximately 0.48% of AngloGold Ashanti worth $46,112,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in shares of AngloGold Ashanti by 22.9% in the 4th quarter. Vanguard Group Inc. now owns 20,857,324 shares of the mining company's stock worth $467,795,000 after acquiring an additional 3,882,283 shares during the period. Van ECK Associates Corp raised its holdings in AngloGold Ashanti by 10.9% during 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. Carrhae Capital LLP lifted its position in 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 during the period. Ninety One UK Ltd bought a new position in AngloGold Ashanti during the 4th quarter valued at $45,043,000. Finally, National Bank of Canada FI acquired a new position in shares of AngloGold Ashanti during the 4th quarter valued at $20,311,000. 36.09% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Royal Bank of Canada raised their target price on AngloGold Ashanti from $39.00 to $41.00 and gave the company an "outperform" rating in a research note on Friday, April 4th. Scotiabank lifted their price objective on shares of AngloGold Ashanti from $34.00 to $42.00 and gave the stock a "sector perform" rating in a research note on Monday, April 14th. HSBC reissued a "reduce" rating and set a $35.00 target price on shares of AngloGold Ashanti in a research note on Thursday. Finally, StockNews.com upgraded shares of AngloGold Ashanti from a "hold" rating to a "buy" rating in a research report on Thursday, April 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $36.80.

AngloGold Ashanti Trading Up 2.4 %

NYSE AU traded up $1.06 on Monday, hitting $44.31. 1,066,801 shares of the company were exchanged, compared to its average volume of 2,448,304. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.73 and a quick ratio of 1.14. AngloGold Ashanti plc has a twelve month low of $21.65 and a twelve month high of $46.90. The firm has a market capitalization of $18.60 billion, a P/E ratio of 13.86 and a beta of 0.81. The company's 50 day moving average price is $34.65 and its 200-day moving average price is $29.44.

AngloGold Ashanti (NYSE:AU - Get Free Report) last issued its quarterly earnings results on Wednesday, February 19th. The mining company reported $0.89 EPS for the quarter, missing the consensus estimate of $0.99 by ($0.10). The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.75 billion. Analysts predict that AngloGold Ashanti plc will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 14th were given a $0.69 dividend. This represents a dividend yield of 2.8%. The ex-dividend date was Friday, March 14th. This is a boost from AngloGold Ashanti's previous semi-annual dividend of $0.22. AngloGold Ashanti's dividend payout ratio (DPR) is 43.13%.

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.