3,000 Shares in AngloGold Ashanti plc (NYSE:AU) Bought by Decker Retirement Planning Inc.

Decker Retirement Planning Inc. bought a new position in AngloGold Ashanti plc (NYSE:AU) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 3,000 shares of the mining company’s stock, valued at approximately $69,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in shares of AngloGold Ashanti in the 3rd quarter valued at approximately $126,000. JPMorgan Chase & Co. lifted its stake in AngloGold Ashanti by 378.2% in the third quarter. JPMorgan Chase & Co. now owns 4,782 shares of the mining company’s stock valued at $127,000 after acquiring an additional 3,782 shares during the last quarter. Blue Trust Inc. grew its position in AngloGold Ashanti by 72.6% in the third quarter. Blue Trust Inc. now owns 5,991 shares of the mining company’s stock worth $151,000 after acquiring an additional 2,520 shares in the last quarter. Ritholtz Wealth Management acquired a new position in shares of AngloGold Ashanti during the 3rd quarter worth $222,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of AngloGold Ashanti during the 4th quarter valued at $248,000. 36.09% of the stock is owned by hedge funds and other institutional investors.

AngloGold Ashanti Stock Performance

Shares of NYSE:AU opened at $26.91 on Friday. The business has a 50 day moving average price of $24.81 and a 200 day moving average price of $27.19. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.14 and a current ratio of 1.73. AngloGold Ashanti plc has a twelve month low of $15.80 and a twelve month high of $32.57.

Wall Street Analysts Forecast Growth

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

About AngloGold Ashanti

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.