60,298 Shares in AngloGold Ashanti plc (NYSE:AU) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in AngloGold Ashanti plc (NYSE:AU) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 60,298 shares of the mining company’s stock, valued at approximately $1,606,000.

Other large investors have also added to or reduced their stakes in the company. Blue Trust Inc. lifted its holdings in AngloGold Ashanti by 338.3% during the second quarter. Blue Trust Inc. now owns 3,471 shares of the mining company’s stock valued at $87,000 after purchasing an additional 2,679 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of AngloGold Ashanti in the third quarter worth $126,000. Ritholtz Wealth Management bought a new stake in AngloGold Ashanti in the third quarter worth $222,000. Atomi Financial Group Inc. bought a new stake in AngloGold Ashanti in the second quarter worth $227,000. Finally, Ballentine Partners LLC increased its position in AngloGold Ashanti by 5.9% in the second quarter. Ballentine Partners LLC now owns 12,279 shares of the mining company’s stock worth $309,000 after purchasing an additional 682 shares during the last quarter. Hedge funds and other institutional investors own 36.09% of the company’s stock.

Analyst Upgrades and Downgrades

AU has been the topic of several research reports. JPMorgan Chase & Co. reduced their price target on shares of AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating on the stock in a research report on Friday, December 6th. Investec upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Scotiabank upgraded shares of AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 price target on the stock in a research report on Thursday, November 21st. StockNews.com cut shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Finally, Royal Bank of Canada upgraded shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 price objective on the stock in a research report on Tuesday, December 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $31.75.

AngloGold Ashanti Trading Down 4.0 %

AU stock opened at $23.15 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.73 and a debt-to-equity ratio of 0.46. AngloGold Ashanti plc has a twelve month low of $15.80 and a twelve month high of $32.57. The stock has a market capitalization of $9.72 billion, a price-to-earnings ratio of 7.23 and a beta of 0.94. The firm’s fifty day simple moving average is $26.52 and its two-hundred day simple moving average is $27.10.

AngloGold Ashanti Profile

AngloGold Ashanti plc operates as a gold mining company in Africa, Australia, and the Americas. 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 mine located in the Lake Victoria goldfields of the Mwanza region in north-western Tanzania.