JPMorgan Chase & Co. Purchases 3,782 Shares of AngloGold Ashanti plc (NYSE:AU)

JPMorgan Chase & Co. lifted its holdings in shares of AngloGold Ashanti plc (NYSE:AUFree Report) by 378.2% during the 3rd quarter, Holdings Channel reports. The firm owned 4,782 shares of the mining company’s stock after purchasing an additional 3,782 shares during the quarter. JPMorgan Chase & Co.’s holdings in AngloGold Ashanti were worth $127,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Tidal Investments LLC grew its stake in AngloGold Ashanti by 80.5% in the third quarter. Tidal Investments LLC now owns 25,452 shares of the mining company’s stock valued at $678,000 after acquiring an additional 11,352 shares during the period. TT International Asset Management LTD grew its stake in AngloGold Ashanti by 51.3% in the third quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company’s stock valued at $75,525,000 after acquiring an additional 962,141 shares during the period. Geode Capital Management LLC grew its stake in AngloGold Ashanti by 2.7% in the third quarter. Geode Capital Management LLC now owns 327,108 shares of the mining company’s stock valued at $8,711,000 after acquiring an additional 8,676 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of AngloGold Ashanti in the third quarter valued at approximately $1,606,000. Finally, State Street Corp lifted its holdings in shares of AngloGold Ashanti by 546.2% in the third quarter. State Street Corp now owns 211,826 shares of the mining company’s stock valued at $5,641,000 after purchasing an additional 179,045 shares in the last quarter. 36.09% of the stock is currently owned by institutional investors.

AngloGold Ashanti Trading Up 1.0 %

AngloGold Ashanti stock opened at $30.22 on Monday. The business’s 50 day simple moving average is $25.54 and its 200 day simple moving average is $27.23. AngloGold Ashanti plc has a 12 month low of $16.49 and a 12 month high of $32.57. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.46.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on AU shares. Royal Bank of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 price target for the company in a research report on Tuesday, December 3rd. JPMorgan Chase & Co. reduced their price objective on shares of AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating for the company in a research report on Friday, December 6th. StockNews.com cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Scotiabank raised AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 target price for the company in a report on Thursday, November 21st. Finally, Investec upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Friday, October 18th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. According to data from MarketBeat, AngloGold Ashanti currently has a consensus rating of “Hold” and a consensus price target of $31.75.

Check Out Our Latest Stock Report on AngloGold Ashanti

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.

See Also

Want to see what other hedge funds are holding AU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AngloGold Ashanti plc (NYSE:AUFree Report).

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

Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter.