Dimensional Fund Advisors LP raised its holdings in AngloGold Ashanti Limited (NYSE:AU) by 2.8% in the second quarter, Holdings Channel reports. The fund owned 13,073,970 shares of the mining company’s stock after buying an additional 355,196 shares during the period. Dimensional Fund Advisors LP’s holdings in AngloGold Ashanti were worth $107,248,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. BNP Paribas Arbitrage SA increased its holdings in AngloGold Ashanti by 209.1% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 603,271 shares of the mining company’s stock valued at $4,953,000 after purchasing an additional 408,077 shares during the last quarter. Ruffer LLP increased its holdings in AngloGold Ashanti by 106.1% in the 2nd quarter. Ruffer LLP now owns 6,940,892 shares of the mining company’s stock valued at $56,950,000 after purchasing an additional 3,573,797 shares during the last quarter. Hussman Strategic Advisors Inc. increased its holdings in AngloGold Ashanti by 42.9% in the 2nd quarter. Hussman Strategic Advisors Inc. now owns 250,000 shares of the mining company’s stock valued at $2,052,000 after purchasing an additional 75,000 shares during the last quarter. Wells Fargo & Company MN increased its holdings in AngloGold Ashanti by 0.5% in the 1st quarter. Wells Fargo & Company MN now owns 3,234,110 shares of the mining company’s stock valued at $30,693,000 after purchasing an additional 14,553 shares during the last quarter. Finally, Van ECK Associates Corp increased its holdings in AngloGold Ashanti by 3.1% in the 1st quarter. Van ECK Associates Corp now owns 19,455,936 shares of the mining company’s stock valued at $184,637,000 after purchasing an additional 583,710 shares during the last quarter. Institutional investors own 38.33% of the company’s stock.

AngloGold Ashanti stock opened at $7.83 on Friday. AngloGold Ashanti Limited has a fifty-two week low of $7.07 and a fifty-two week high of $12.00. The company has a current ratio of 1.84, a quick ratio of 0.79 and a debt-to-equity ratio of 0.76.

AU has been the subject of several research reports. ValuEngine downgraded shares of AngloGold Ashanti from a “sell” rating to a “strong sell” rating in a report on Friday, August 17th. Zacks Investment Research downgraded shares of AngloGold Ashanti from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 17th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company’s stock. AngloGold Ashanti presently has a consensus rating of “Buy” and a consensus target price of $10.75.

AngloGold Ashanti Profile

AngloGold Ashanti Limited operates as a gold mining company. The company also produces silver, uranium oxide, and sulphuric acid. Its portfolio includes 17 operations and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.

See Also: Understanding Relative Strength Index

Want to see what other hedge funds are holding AU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for AngloGold Ashanti Limited (NYSE:AU).

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

Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter.