Diversified Trust Co Has $5.02 Million Stock Holdings in AngloGold Ashanti PLC $AU

Diversified Trust Co lifted its stake in shares of AngloGold Ashanti PLC (NYSE:AUFree Report) by 57.2% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,592 shares of the mining company’s stock after acquiring an additional 18,783 shares during the quarter. Diversified Trust Co’s holdings in AngloGold Ashanti were worth $5,023,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Zions Bancorporation National Association UT acquired a new stake in AngloGold Ashanti during the 4th quarter valued at approximately $31,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of AngloGold Ashanti in the 4th quarter worth approximately $34,000. Mcguire Capital Advisors Inc. acquired a new position in shares of AngloGold Ashanti in the 4th quarter worth approximately $36,000. Global Retirement Partners LLC boosted its stake in shares of AngloGold Ashanti by 454.1% in the 4th quarter. Global Retirement Partners LLC now owns 471 shares of the mining company’s stock valued at $40,000 after purchasing an additional 386 shares during the last quarter. Finally, Reflection Asset Management bought a new stake in shares of AngloGold Ashanti in the 4th quarter valued at $42,000. 36.09% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AU. Scotiabank decreased their price objective on shares of AngloGold Ashanti from $134.00 to $133.00 and set a “sector outperform” rating for the company in a research report on Friday, March 20th. Citigroup boosted their target price on shares of AngloGold Ashanti from $120.00 to $130.00 and gave the company a “buy” rating in a report on Tuesday, June 9th. Zacks Research cut shares of AngloGold Ashanti from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Wall Street Zen downgraded AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Saturday, June 6th. Finally, Weiss Ratings lowered AngloGold Ashanti from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, June 1st. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $114.00.

Check Out Our Latest Stock Report on AngloGold Ashanti

AngloGold Ashanti Price Performance

Shares of AU opened at $90.75 on Friday. The firm has a market cap of $45.82 billion, a PE ratio of 13.31 and a beta of 0.60. AngloGold Ashanti PLC has a 52-week low of $43.44 and a 52-week high of $129.14. The business’s 50 day moving average price is $95.95 and its two-hundred day moving average price is $97.38. 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 (NYSE:AUGet Free Report) last announced its quarterly earnings data on Friday, May 8th. The mining company reported $2.52 EPS for the quarter, topping the consensus estimate 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, equities analysts anticipate that AngloGold Ashanti PLC will post 9.26 EPS for the current year.

AngloGold Ashanti Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a dividend of $1.16 per share. This is a boost from AngloGold Ashanti’s previous quarterly dividend of $0.17. This represents a $4.64 annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend was Friday, May 29th. AngloGold Ashanti’s payout ratio is currently 68.04%.

AngloGold Ashanti Company Profile

(Free Report)

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.

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

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