ORG Partners LLC Has $271,000 Stake in AngloGold Ashanti plc (NYSE:AU)

ORG Partners LLC reduced its position in AngloGold Ashanti plc (NYSE:AU) by 50.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,741 shares of the mining company’s stock after selling 11,885 shares during the quarter. ORG Partners LLC’s holdings in AngloGold Ashanti were worth $271,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in AU. Van ECK Associates Corp increased its stake in AngloGold Ashanti by 0.4% in the third quarter. Van ECK Associates Corp now owns 22,920,684 shares of the mining company’s stock valued at $610,378,000 after acquiring an additional 80,563 shares during the last quarter. FMR LLC boosted its holdings in shares of AngloGold Ashanti by 39.5% in the 3rd quarter. FMR LLC now owns 10,448,445 shares of the mining company’s stock valued at $277,968,000 after purchasing an additional 2,957,304 shares in the last quarter. TT International Asset Management LTD increased its stake in shares of AngloGold Ashanti by 51.3% in the 3rd quarter. TT International Asset Management LTD now owns 2,836,110 shares of the mining company’s stock valued at $75,525,000 after purchasing an additional 962,141 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in shares of AngloGold Ashanti by 159.0% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,251,492 shares of the mining company’s stock valued at $33,327,000 after purchasing an additional 768,363 shares during the last quarter. Finally, Oaktree Fund Advisors LLC boosted its stake in AngloGold Ashanti by 10.5% in the second quarter. Oaktree Fund Advisors LLC now owns 683,604 shares of the mining company’s stock valued at $17,179,000 after buying an additional 64,993 shares in the last quarter. 36.09% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have commented on AU shares. Royal Bank of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 target price for the company in a research note on Tuesday, December 3rd. Investec raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Friday, October 18th. StockNews.com lowered shares of AngloGold Ashanti from a “buy” rating to a “hold” rating in a research report on Tuesday, November 12th. Scotiabank upgraded shares of AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 price target for the company in a report on Thursday, November 21st. Finally, JPMorgan Chase & Co. cut 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. One research 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 data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $31.75.

AngloGold Ashanti Price Performance

Shares of NYSE:AU opened at $26.03 on Friday. 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 52 week low of $15.80 and a 52 week high of $32.57. The firm has a market cap of $10.93 billion, a PE ratio of 8.13 and a beta of 0.94. The firm’s fifty day moving average is $24.85 and its 200-day moving average is $27.14.

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.