AngloGold Ashanti Ltd. (NYSE:AU) shares traded up 3.6% during trading on Wednesday . The company traded as high as $21.19 and last traded at $21.11, with a volume of 2,280,558 shares changing hands. The stock had previously closed at $20.38.

A number of research analysts have commented on the stock. Zacks Investment Research raised shares of AngloGold Ashanti from a “strong sell” rating to a “buy” rating and set a $23.00 target price on the stock in a research report on Tuesday. Deutsche Bank AG cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th. Citigroup Inc. cut shares of AngloGold Ashanti from a “neutral” rating to a “sell” rating in a research report on Tuesday, May 10th. Finally, Royal Bank Of Canada raised shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating in a research report on Monday, April 11th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus target price of $34.17.

The firm has a 50 day moving average price of $17.09 and a 200-day moving average price of $13.39. The stock’s market cap is $8.58 billion.

A number of hedge funds recently bought and sold shares of the company. Dimensional Fund Advisors LP boosted its stake in 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 in the last quarter. I.G. Investment Management LTD. boosted its stake in 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 in the last quarter. Gabelli Funds LLC boosted its stake in 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 in the last quarter. TD Asset Management Inc. boosted its stake in 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 in the last quarter. Finally, Boyer & Corporon Wealth Management LLC boosted its stake in AngloGold Ashanti by 18.8% in the fourth quarter. Boyer & Corporon Wealth Management LLC now owns 216,129 shares of the mining company’s stock worth $1,535,000 after buying an additional 34,245 shares in the last quarter.

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