Headlands Technologies LLC Boosts Stock Position in AngloGold Ashanti plc (NYSE:AU)

Headlands Technologies LLC raised its holdings in AngloGold Ashanti plc (NYSE:AUFree Report) by 75.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 6,342 shares of the mining company’s stock after buying an additional 2,717 shares during the quarter. Headlands Technologies LLC’s holdings in AngloGold Ashanti were worth $100,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Citigroup Inc. raised its stake in shares of AngloGold Ashanti by 0.4% in the second quarter. Citigroup Inc. now owns 148,186 shares of the mining company’s stock worth $3,125,000 after purchasing an additional 590 shares during the last quarter. Prelude Capital Management LLC raised its stake in shares of AngloGold Ashanti by 3.7% in the third quarter. Prelude Capital Management LLC now owns 16,907 shares of the mining company’s stock worth $234,000 after purchasing an additional 598 shares during the last quarter. Hussman Strategic Advisors Inc. raised its stake in shares of AngloGold Ashanti by 0.4% in the third quarter. Hussman Strategic Advisors Inc. now owns 153,000 shares of the mining company’s stock worth $2,417,000 after purchasing an additional 600 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in AngloGold Ashanti by 89.1% during the fourth quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,475 shares of the mining company’s stock worth $29,000 after acquiring an additional 695 shares during the period. Finally, Vanguard Personalized Indexing Management LLC grew its holdings in AngloGold Ashanti by 8.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 10,100 shares of the mining company’s stock worth $213,000 after acquiring an additional 769 shares during the period. 22.36% of the stock is currently owned by hedge funds and other institutional investors.

AngloGold Ashanti Stock Down 2.6 %

Shares of NYSE:AU opened at $17.38 on Monday. The company has a quick ratio of 1.24, a current ratio of 2.17 and a debt-to-equity ratio of 0.46. The business’s 50 day moving average price is $17.80 and its 200-day moving average price is $17.84. AngloGold Ashanti plc has a 1 year low of $14.91 and a 1 year high of $30.26.

Wall Street Analyst Weigh In

AU has been the topic of several analyst reports. Morgan Stanley lowered AngloGold Ashanti from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 18th. StockNews.com raised AngloGold Ashanti from a “sell” rating to a “hold” rating in a report on Wednesday, December 20th. Finally, HSBC raised AngloGold Ashanti from a “reduce” rating to a “hold” rating in a report on Tuesday, November 14th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, AngloGold Ashanti has a consensus rating of “Hold” and an average price target of $22.50.

Read Our Latest Stock Report on AU

AngloGold Ashanti Profile

(Free Report)

AngloGold Ashanti plc operates as a gold mining company in Africa, the Americas, and Australia. 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 project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.

Further Reading

Institutional Ownership by Quarter for AngloGold Ashanti (NYSE:AU)

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