AngloGold Ashanti PLC $AU Shares Sold by Barclays PLC

Barclays PLC decreased its stake in AngloGold Ashanti PLC (NYSE:AU) by 27.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,225,560 shares of the mining company’s stock after selling 841,779 shares during the period. Barclays PLC owned 0.44% of AngloGold Ashanti worth $189,796,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in AngloGold Ashanti by 1.1% during the 4th quarter. Vanguard Group Inc. now owns 23,001,047 shares of the mining company’s stock worth $1,979,174,000 after purchasing an additional 252,307 shares during the period. Van ECK Associates Corp boosted its stake in AngloGold Ashanti by 10.0% during the 3rd quarter. Van ECK Associates Corp now owns 19,847,932 shares of the mining company’s stock worth $1,395,905,000 after purchasing an additional 1,804,620 shares during the period. Ninety One SA Pty Ltd acquired a new stake in AngloGold Ashanti during the 4th quarter worth $1,380,472,000. Arrowstreet Capital Limited Partnership boosted its stake in AngloGold Ashanti by 406.9% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 6,288,253 shares of the mining company’s stock worth $539,119,000 after purchasing an additional 5,047,686 shares during the period. Finally, State Street Corp boosted its stake in AngloGold Ashanti by 0.5% during the 4th quarter. State Street Corp now owns 5,731,937 shares of the mining company’s stock worth $488,820,000 after purchasing an additional 26,421 shares during the period. Institutional investors and hedge funds own 36.09% of the company’s stock.

AngloGold Ashanti Stock Down 0.0%

Shares of AngloGold Ashanti stock opened at $86.26 on Monday. The company has a market cap of $43.55 billion, a P/E ratio of 12.65 and a beta of 0.60. The company has a debt-to-equity ratio of 0.19, a quick ratio of 2.11 and a current ratio of 2.71. AngloGold Ashanti PLC has a one year low of $43.44 and a one year high of $129.14. The firm has a fifty day moving average of $97.02 and a two-hundred day moving average of $97.28.

AngloGold Ashanti (NYSE:AU) last announced its quarterly earnings data on Friday, May 8th. The mining company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.25. The company had revenue of $3.24 billion during the quarter, compared to the consensus estimate of $3.26 billion. AngloGold Ashanti had a net margin of 31.11% and a return on equity of 36.41%. On average, analysts forecast that AngloGold Ashanti PLC will post 9.26 earnings per share for the current year.

AngloGold Ashanti Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a $1.16 dividend. This represents a $4.64 annualized dividend and a dividend yield of 5.4%. This is a positive change from AngloGold Ashanti’s previous quarterly dividend of $0.17. The ex-dividend date was Friday, May 29th. AngloGold Ashanti’s dividend payout ratio (DPR) is 68.04%.

Analyst Upgrades and Downgrades

AU has been the subject of a number of recent research reports. Weiss Ratings cut shares of AngloGold Ashanti from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, June 1st. Citigroup increased their price target on shares of AngloGold Ashanti from $120.00 to $130.00 and gave the stock a “buy” rating in a research note on Tuesday, June 9th. Roth Mkm reiterated a “buy” rating and set a $121.00 price target on shares of AngloGold Ashanti in a research note on Monday, May 11th. Wall Street Zen cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research note on Saturday, June 6th. Finally, Scotiabank decreased their price target on shares of AngloGold Ashanti from $134.00 to $133.00 and set a “sector outperform” rating for the company in a research note on Friday, March 20th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, AngloGold Ashanti presently has an average rating of “Hold” and a consensus price target of $114.00.

AngloGold Ashanti Company Profile

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.