Headlands Technologies LLC Purchases 2,717 Shares of AngloGold Ashanti plc (NYSE:AU)

Headlands Technologies LLC raised its holdings in AngloGold Ashanti plc (NYSE:AUFree Report) by 75.0% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 6,342 shares of the mining company’s stock after acquiring an additional 2,717 shares during the quarter. Headlands Technologies LLC’s holdings in AngloGold Ashanti were worth $100,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. BlackRock Inc. increased its stake in shares of AngloGold Ashanti by 19.5% during the 1st quarter. BlackRock Inc. now owns 9,948,606 shares of the mining company’s stock worth $240,657,000 after purchasing an additional 1,625,854 shares during the last quarter. JPMorgan Chase & Co. increased its position in AngloGold Ashanti by 711.8% during the 1st quarter. JPMorgan Chase & Co. now owns 1,830,538 shares of the mining company’s stock worth $44,280,000 after purchasing an additional 1,605,046 shares in the last quarter. Balyasny Asset Management LLC increased its position in AngloGold Ashanti by 214.4% during the 3rd quarter. Balyasny Asset Management LLC now owns 1,651,582 shares of the mining company’s stock worth $22,825,000 after purchasing an additional 1,126,297 shares in the last quarter. Swiss National Bank acquired a new position in AngloGold Ashanti in the 3rd quarter valued at approximately $17,101,000. Finally, Sprott Inc. increased its position in AngloGold Ashanti by 462.8% in the 4th quarter. Sprott Inc. now owns 1,035,500 shares of the mining company’s stock valued at $20,109,000 after acquiring an additional 851,500 shares during the period. 22.36% of the stock is currently owned by institutional investors and hedge funds.

AngloGold Ashanti Stock Down 2.6 %

Shares of AU opened at $17.38 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.24 and a current ratio of 2.17. AngloGold Ashanti plc has a fifty-two week low of $14.91 and a fifty-two week high of $30.26. The firm has a 50 day moving average price of $17.80 and a 200-day moving average price of $17.84.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AU. StockNews.com upgraded shares of AngloGold Ashanti from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. HSBC raised shares of AngloGold Ashanti from a “reduce” rating to a “hold” rating in a research note on Tuesday, November 14th. Finally, Morgan Stanley downgraded shares of AngloGold Ashanti from an “overweight” rating to an “equal weight” rating in a report on Wednesday, October 18th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, AngloGold Ashanti currently has an average rating of “Hold” and an average target price of $22.50.

View Our Latest Stock Analysis on AU

AngloGold Ashanti Company Profile

(Free Report)

AngloGold Ashanti plc operates as a gold mining company in Africa, the Americas, and Australia. The company primarily explores for gold, as well as produces silver and sulphuric acid as by-products. Its flagship property is a 100% owned Geita project located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.

Further Reading

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

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