Balyasny Asset Management LLC purchased a new stake in shares of AngloGold Ashanti Limited (NYSE:AU) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 18,785 shares of the mining company’s stock, valued at approximately $183,000.

Several other institutional investors have also recently made changes to their positions in AU. BlackRock Inc. increased its stake in shares of AngloGold Ashanti Limited by 1,416.7% during the first quarter. BlackRock Inc. now owns 27,630,810 shares of the mining company’s stock valued at $297,583,000 after buying an additional 25,808,998 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of AngloGold Ashanti Limited by 5.7% during the second quarter. Dimensional Fund Advisors LP now owns 12,411,363 shares of the mining company’s stock valued at $120,644,000 after buying an additional 668,689 shares during the period. Bank of New York Mellon Corp increased its stake in shares of AngloGold Ashanti Limited by 218.1% during the first quarter. Bank of New York Mellon Corp now owns 831,541 shares of the mining company’s stock valued at $8,956,000 after buying an additional 570,117 shares during the period. Airain ltd purchased a new position in shares of AngloGold Ashanti Limited during the second quarter valued at $4,490,000. Finally, Hussman Strategic Advisors Inc. increased its stake in shares of AngloGold Ashanti Limited by 500.0% during the second quarter. Hussman Strategic Advisors Inc. now owns 450,000 shares of the mining company’s stock valued at $4,374,000 after buying an additional 375,000 shares during the period. Hedge funds and other institutional investors own 32.74% of the company’s stock.

AngloGold Ashanti Limited (NYSE:AU) opened at 9.50 on Friday. The stock’s 50 day moving average price is $9.63 and its 200 day moving average price is $10.42. The stock’s market cap is $3.89 billion. AngloGold Ashanti Limited has a 52 week low of $8.89 and a 52 week high of $14.77.

AU has been the topic of several research reports. Zacks Investment Research upgraded AngloGold Ashanti Limited from a “sell” rating to a “hold” rating in a research note on Monday, September 4th. J P Morgan Chase & Co upgraded AngloGold Ashanti Limited from a “neutral” rating to an “overweight” rating in a research note on Monday, October 16th. BidaskClub upgraded AngloGold Ashanti Limited from a “strong sell” rating to a “sell” rating in a research note on Monday, August 14th. Finally, ValuEngine lowered AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a research note on Tuesday, June 27th. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and two have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $12.43.

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AngloGold Ashanti Limited Profile

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company’s business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products.

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Institutional Ownership by Quarter for AngloGold Ashanti Limited (NYSE:AU)

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