AngloGold Ashanti Ltd. (NYSE:AU) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $22.72 and last traded at $22.37, with a volume of 1,623,235 shares trading hands. The stock had previously closed at $22.36.

Several research analysts have commented on AU shares. Royal Bank Of Canada upgraded shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating in a research report on Monday, April 11th. Zacks Investment Research cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Tuesday, April 19th. Citigroup Inc. cut shares of AngloGold Ashanti from a “neutral” rating to a “sell” rating in a research note on Tuesday, May 10th. Finally, Deutsche Bank AG cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Wednesday, July 6th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the company’s stock. AngloGold Ashanti presently has a consensus rating of “Hold” and a consensus price target of $34.17.

The firm’s market cap is $9.11 billion. The firm has a 50 day moving average of $19.10 and a 200 day moving average of $14.62.

A number of hedge funds and institutional investors have added to or reduced their stakes in the company. Boyer & Corporon Wealth Management LLC increased its position 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 valued at $1,535,000 after buying an additional 34,245 shares during the period. Airain ltd increased its position in AngloGold Ashanti by 14.5% in the fourth quarter. Airain ltd now owns 337,367 shares of the mining company’s stock valued at $2,395,000 after buying an additional 42,718 shares during the period. TD Asset Management Inc. increased its position 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 valued at $1,159,000 after buying an additional 46,700 shares during the period. I.G. Investment Management LTD. increased its position 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 valued at $7,640,000 after buying an additional 86,700 shares during the period. Finally, Dimensional Fund Advisors LP increased its position 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 valued at $136,638,000 after buying an additional 1,059,791 shares during the period.

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