AngloGold Ashanti plc (NYSE:AU) Stock Position Raised by Euro Pacific Asset Management LLC

Euro Pacific Asset Management LLC increased its holdings in shares of AngloGold Ashanti plc (NYSE:AU) by 29.6% during the 4th quarter, Holdings Channel.com reports. The fund owned 74,974 shares of the mining company’s stock after buying an additional 17,127 shares during the period. Euro Pacific Asset Management LLC’s holdings in AngloGold Ashanti were worth $1,402,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently bought and sold shares of the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of AngloGold Ashanti by 89.1% in the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,475 shares of the mining company’s stock worth $29,000 after purchasing an additional 695 shares during the last quarter. Atlas Capital Advisors LLC acquired a new position in shares of AngloGold Ashanti during the fourth quarter valued at $30,000. Newbridge Financial Services Group Inc. bought a new position in shares of AngloGold Ashanti during the third quarter worth about $40,000. Point72 Middle East FZE acquired a new stake in shares of AngloGold Ashanti in the 2nd quarter worth about $54,000. Finally, Gradient Investments LLC lifted its position in AngloGold Ashanti by 187.9% in the 3rd quarter. Gradient Investments LLC now owns 3,677 shares of the mining company’s stock valued at $58,000 after purchasing an additional 2,400 shares during the last quarter. Institutional investors own 36.09% of the company’s stock.

AngloGold Ashanti Trading Down 0.7 %

NYSE:AU traded down $0.16 on Thursday, hitting $23.69. 1,275,268 shares of the company’s stock traded hands, compared to its average volume of 2,146,341. The firm has a 50-day moving average price of $20.83 and a 200-day moving average price of $18.90. AngloGold Ashanti plc has a 1 year low of $14.91 and a 1 year high of $30.26.

AngloGold Ashanti Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were issued a dividend of $0.19 per share. This represents a dividend yield of 1.1%. This is a positive change from AngloGold Ashanti’s previous semi-annual dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 14th.

Wall Street Analyst Weigh In

Several research firms have commented on AU. StockNews.com upgraded shares of AngloGold Ashanti from a “sell” rating to a “hold” rating in a research report on Friday, February 23rd. JPMorgan Chase & Co. boosted their price target on shares of AngloGold Ashanti from $23.00 to $31.00 and gave the stock an “overweight” rating in a research report on Wednesday. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat, AngloGold Ashanti currently has an average rating of “Hold” and an average price target of $24.25.

AngloGold Ashanti Profile

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.