Edmond DE Rothschild Holding S.A. Has $2.26 Million Position in AngloGold Ashanti plc (NYSE:AU)

Edmond DE Rothschild Holding S.A. lifted its holdings in AngloGold Ashanti plc (NYSE:AU) by 13.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 101,151 shares of the mining company’s stock after buying an additional 11,725 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in AngloGold Ashanti were worth $2,255,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Whittier Trust Co. purchased a new position in AngloGold Ashanti during the fourth quarter valued at approximately $25,000. EverSource Wealth Advisors LLC grew its holdings in shares of AngloGold Ashanti by 210.6% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,174 shares of the mining company’s stock valued at $27,000 after acquiring an additional 796 shares in the last quarter. Nomura Asset Management Co. Ltd. acquired a new position in shares of AngloGold Ashanti in the fourth quarter worth $32,000. R Squared Ltd purchased a new stake in shares of AngloGold Ashanti during the fourth quarter worth $36,000. Finally, Decker Retirement Planning Inc. acquired a new stake in AngloGold Ashanti during the fourth quarter valued at $69,000. Hedge funds and other institutional investors own 36.09% of the company’s stock.

AngloGold Ashanti Stock Performance

AU opened at $37.18 on Tuesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. The company has a market cap of $15.60 billion, a PE ratio of 11.62 and a beta of 0.92. The stock has a 50-day moving average of $31.89 and a 200-day moving average of $28.23. AngloGold Ashanti plc has a 52-week low of $21.65 and a 52-week high of $38.24.

AngloGold Ashanti (NYSE:AU) last announced its earnings results on Wednesday, February 19th. The mining company reported $0.89 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.99 by ($0.10). The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.75 billion. As a group, equities research analysts forecast that AngloGold Ashanti plc will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Friday, March 28th. Investors of record on Friday, March 14th were issued a $0.69 dividend. This represents a yield of 2.8%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from AngloGold Ashanti’s previous semi-annual dividend of $0.22. AngloGold Ashanti’s dividend payout ratio (DPR) is 43.13%.

Wall Street Analysts Forecast Growth

AU has been the topic of several research reports. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $36.00 target price on shares of AngloGold Ashanti in a research report on Thursday, February 20th. Scotiabank increased their price objective on AngloGold Ashanti from $30.00 to $34.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 25th. Finally, JPMorgan Chase & Co. reduced their target price on shares of AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating for the company in a research note on Friday, December 6th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $34.00.

AngloGold Ashanti Company 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.