Shares of AngloGold Ashanti Ltd. (NYSE:AU) rose 4.1% during mid-day trading on Thursday . The stock traded as high as $22.91 and last traded at $22.69, with a volume of 1,930,789 shares trading hands. The stock had previously closed at $21.80.

AU has been the subject of several research reports. 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. Zacks Investment Research downgraded shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Tuesday, April 19th. Citigroup Inc. downgraded shares of AngloGold Ashanti from a “neutral” rating to a “sell” rating in a research report on Tuesday, May 10th. Finally, Deutsche Bank AG downgraded shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Wednesday, July 6th. One analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $34.17.

The stock has a 50-day moving average price of $19.78 and a 200-day moving average price of $14.89. The stock’s market cap is $8.82 billion.

Other hedge funds and institutional investors recently bought and sold shares of 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 stake in shares of 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. I.G. Investment Management LTD. increased 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 valued at $7,640,000 after buying an additional 86,700 shares during the period. Finally, Dimensional Fund Advisors LP increased 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 valued at $136,638,000 after buying an additional 1,059,791 shares during the period.

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