67,831 Shares in AngloGold Ashanti plc (NYSE:AU) Acquired by Cibc World Markets Corp

Cibc World Markets Corp purchased a new position in AngloGold Ashanti plc (NYSE:AUFree Report) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 67,831 shares of the mining company’s stock, valued at approximately $1,268,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Blue Trust Inc. increased its holdings in AngloGold Ashanti by 132.0% in the 4th quarter. Blue Trust Inc. now owns 4,023 shares of the mining company’s stock worth $75,000 after buying an additional 2,289 shares during the period. Headlands Technologies LLC increased its holdings in AngloGold Ashanti by 75.0% in the 3rd quarter. Headlands Technologies LLC now owns 6,342 shares of the mining company’s stock worth $100,000 after buying an additional 2,717 shares during the period. Quadrant Capital Group LLC increased its holdings in AngloGold Ashanti by 39.9% in the 4th quarter. Quadrant Capital Group LLC now owns 7,525 shares of the mining company’s stock worth $141,000 after buying an additional 2,146 shares during the period. O Shaughnessy Asset Management LLC increased its holdings in AngloGold Ashanti by 6.3% in the 3rd quarter. O Shaughnessy Asset Management LLC now owns 10,784 shares of the mining company’s stock worth $170,000 after buying an additional 643 shares during the period. Finally, Beacon Pointe Advisors LLC acquired a new position in AngloGold Ashanti in the 4th quarter worth approximately $230,000. Institutional investors and hedge funds own 36.09% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on AU shares. StockNews.com upgraded AngloGold Ashanti from a “sell” rating to a “hold” rating in a research report on Friday, February 23rd. Scotiabank upped their price objective on AngloGold Ashanti from $22.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, May 23rd. HSBC lowered AngloGold Ashanti from a “hold” rating to a “reduce” rating in a research report on Friday, April 19th. Finally, JPMorgan Chase & Co. upped their price objective on AngloGold Ashanti from $31.00 to $33.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 28th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $24.75.

Get Our Latest Research Report on AU

AngloGold Ashanti Trading Down 1.3 %

Shares of NYSE:AU opened at $22.58 on Tuesday. AngloGold Ashanti plc has a 1 year low of $14.91 and a 1 year high of $26.01. The business’s 50 day moving average price is $23.80 and its 200-day moving average price is $20.55.

AngloGold Ashanti Company Profile

(Free Report)

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.

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

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