AngloGold Ashanti Ltd. (NYSE:AU) was up 1.8% during trading on Tuesday . The stock traded as high as $21.34 and last traded at $21.15, with a volume of 2,409,936 shares changing hands. The stock had previously closed at $20.78.

Several research firms have recently weighed in on AU. Citigroup Inc. cut shares of AngloGold Ashanti from a “neutral” rating to a “sell” rating in a report on Tuesday, May 10th. Zacks Investment Research cut shares of AngloGold Ashanti from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 17th. Deutsche Bank AG cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Wednesday, July 6th. Finally, Royal Bank Of Canada upgraded shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating in a report on Monday, April 11th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $34.17.

The company has a 50-day moving average of $17.81 and a 200 day moving average of $13.78. The firm’s market capitalization is $8.11 billion.

A number of hedge funds have recently modified their holdings of the company. Boyer & Corporon Wealth Management LLC raised its stake in shares of 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 valued at $1,535,000 after buying an additional 34,245 shares in the last quarter. TD Asset Management Inc. raised its stake 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 last quarter. I.G. Investment Management LTD. raised its stake 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 last quarter. Finally, Dimensional Fund Advisors LP raised its stake 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 last quarter.

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