Barclays PLC Has $215.73 Million Holdings in AngloGold Ashanti PLC $AU

Barclays PLC increased its position in shares of AngloGold Ashanti PLC (NYSE:AU) by 33.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,067,339 shares of the mining company’s stock after buying an additional 766,310 shares during the period. Barclays PLC’s holdings in AngloGold Ashanti were worth $215,726,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of AU. EverSource Wealth Advisors LLC grew its holdings in AngloGold Ashanti by 4.8% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 3,528 shares of the mining company’s stock worth $248,000 after acquiring an additional 161 shares during the period. CoreCap Advisors LLC lifted its stake in shares of AngloGold Ashanti by 27.3% in the 3rd quarter. CoreCap Advisors LLC now owns 1,006 shares of the mining company’s stock valued at $71,000 after purchasing an additional 216 shares during the period. Farther Finance Advisors LLC lifted its stake in shares of AngloGold Ashanti by 13.8% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,893 shares of the mining company’s stock valued at $133,000 after purchasing an additional 229 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of AngloGold Ashanti by 30.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,023 shares of the mining company’s stock valued at $47,000 after purchasing an additional 238 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB boosted its position in shares of AngloGold Ashanti by 27.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,257 shares of the mining company’s stock valued at $88,000 after purchasing an additional 269 shares in the last quarter. Institutional investors and hedge funds own 36.09% of the company’s stock.

AngloGold Ashanti Price Performance

Shares of NYSE:AU opened at $106.58 on Friday. The company has a current ratio of 2.58, a quick ratio of 1.98 and a debt-to-equity ratio of 0.21. The stock has a market cap of $53.81 billion, a PE ratio of 20.54 and a beta of 0.55. The stock’s fifty day simple moving average is $104.19 and its two-hundred day simple moving average is $83.59. AngloGold Ashanti PLC has a 1-year low of $30.19 and a 1-year high of $129.14.

AngloGold Ashanti (NYSE:AU) last posted its earnings results on Friday, February 20th. The mining company reported $1.90 earnings per share (EPS) for the quarter, hitting the consensus estimate of $1.90. The firm had revenue of $3.07 billion during the quarter, compared to analyst estimates of $2.99 billion. AngloGold Ashanti had a net margin of 26.65% and a return on equity of 29.70%. As a group, analysts forecast that AngloGold Ashanti PLC will post 3.83 EPS for the current fiscal year.

AngloGold Ashanti Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Shareholders of record on Friday, March 13th will be given a $0.173 dividend. This represents a $0.69 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, March 13th. AngloGold Ashanti’s dividend payout ratio is presently 70.13%.

Analyst Ratings Changes

Several equities research analysts recently commented on AU shares. Citigroup raised their target price on AngloGold Ashanti from $105.00 to $120.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Wall Street Zen upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Zacks Research downgraded shares of AngloGold Ashanti from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Scotiabank reiterated an “outperform” rating on shares of AngloGold Ashanti in a research note on Wednesday, February 25th. Finally, Weiss Ratings downgraded shares of AngloGold Ashanti from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, February 25th. Five investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, AngloGold Ashanti currently has an average rating of “Moderate Buy” and an average price target of $100.50.

About AngloGold Ashanti

AngloGold Ashanti is a global gold mining company engaged in the exploration, development, production, processing and sale of gold. Headquartered in Johannesburg, South Africa, the company’s core activities span the full mining value chain from greenfield exploration and mine development through to ore processing and rehabilitation. Gold is the primary commodity produced, with individual operations sometimes yielding other by‑products depending on local geology and processing methods.

The company was formed in 2004 through the merger of AngloGold and Ashanti Goldfields, creating a diversified international gold producer.