Shares of AngloGold Ashanti Ltd. (NYSE:AU) hit a new 52-week high during trading on Wednesday . The stock traded as high as $20.55 and last traded at $20.19, with a volume of 4,735,555 shares trading hands. The stock had previously closed at $19.22.

AU has been the topic of several recent analyst reports. Deutsche Bank AG lowered AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Wednesday. Zacks Investment Research raised AngloGold Ashanti from a “strong sell” rating to a “hold” rating in a research note on Monday, May 2nd. Royal Bank Of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating in a research note on Monday, April 11th. Finally, Citigroup Inc. lowered AngloGold Ashanti from a “neutral” rating to a “sell” rating in a research note on Tuesday, May 10th. Two equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $39.75.

The company has a 50-day moving average price of $16.08 and a 200-day moving average price of $12.93. The firm’s market cap is $8.14 billion.

Other institutional investors have recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its position in shares of AngloGold Ashanti by 5.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 19,247,028 shares of the mining company’s stock worth $136,638,000 after buying an additional 1,059,791 shares during the period. Commerzbank Aktiengesellschaft FI raised its position in shares of AngloGold Ashanti by 44.3% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 903,623 shares of the mining company’s stock worth $6,416,000 after buying an additional 277,268 shares during the period. I.G. Investment Management LTD. raised its position in shares of AngloGold Ashanti by 8.8% in the fourth quarter. I.G. Investment Management LTD. now owns 1,076,002 shares of the mining company’s stock worth $7,640,000 after buying an additional 86,700 shares during the period. Gabelli Funds LLC raised its position in shares of AngloGold Ashanti by 1.9% in the fourth quarter. Gabelli Funds LLC now owns 2,635,200 shares of the mining company’s stock worth $18,710,000 after buying an additional 50,000 shares during the period. Finally, TD Asset Management Inc. raised its position in shares of AngloGold Ashanti by 40.1% in the fourth quarter. TD Asset Management Inc. now owns 163,300 shares of the mining company’s stock worth $1,159,000 after buying an additional 46,700 shares during the period.

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