2 weeks Ago By ABMN Staff
AngloGold Ashanti plc ( NYSE:AU – Get Free Report ) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 5,360,000 shares, a growth of 24.9% from the August 31st total of 4,290,000 shares.
Based on an average trading volume of 1,650,000 shares, the days-to-cover ratio is presently 3.2 days. Institutional Trading of AngloGold Ashanti Several institutional investors and hedge funds have recently made changes to their positions in the stock.
CWM LLC lifted its holdings in shares of AngloGold Ashanti by 36.1% in the 1st quarter. CWM LLC now owns 1,890 shares of the mining company’s stock worth $42,000 after acquiring an additional 501 shares during the last quarter.
GAMMA Investing LLC raised its holdings in AngloGold Ashanti by 108.9% during the 1st quarter. GAMMA Investing LLC now owns 2,505 shares of the mining company’s stock valued at $56,000 after buying an additional 1,306 shares during the last quarter.
Blue Trust Inc. raised its stake in shares of 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 acquiring an additional 2,679 shares during the last quarter. PNC Financial Services Group Inc.
lifted its holdings in AngloGold Ashanti by 32.4% in the 4th quarter. PNC Financial Services Group Inc.
now owns 4,215 shares of the mining company’s stock worth $79,000 after buying an additional 1,032 shares during the period. Finally, Toronto Dominion Bank purchased a new stake in AngloGold Ashanti in the 1st quarter worth approximately $118,000. Hedge funds and other institutional investors own 36.
09% of the company’s stock. Wall Street Analysts Forecast Growth AU has been the subject of a number of research reports. StockNews.
com upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a research report on Thursday, August 8th. Scotiabank reissued a “sector underperform” rating and set a $30.00 target price (up from $27.
00) on shares of AngloGold Ashanti in a research report on Monday, August 19th. JPMorgan Chase & Co. decreased their price target on AngloGold Ashanti from $33.
00 to $32.00 and set an “overweight” rating for the company in a report on Wednesday, July 3rd. Finally, BMO Capital Markets increased their price objective on shares of AngloGold Ashanti from $28.
00 to $34.00 and gave the company an “outperform” rating in a research note on Wednesday, August 7th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company.
According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $32.00. AngloGold Ashanti Price Performance Shares of AngloGold Ashanti stock opened at $27.
67 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.
19 and a current ratio of 1.83. The stock’s 50-day simple moving average is $28.
94 and its 200 day simple moving average is $25.80. AngloGold Ashanti has a 52-week low of $14.
91 and a 52-week high of $32.57. AngloGold Ashanti ( NYSE:AU – Get Free Report ) last released its quarterly earnings data on Tuesday, August 6th.
The mining company reported $0.60 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.
09. The firm had revenue of $1.38 billion during the quarter, compared to the consensus estimate of $1.
23 billion. During the same quarter last year, the business posted $0.17 earnings per share.
On average, equities research analysts forecast that AngloGold Ashanti will post 2.58 earnings per share for the current fiscal year. AngloGold Ashanti Increases Dividend The business also recently declared a Semi-Annual dividend, which was paid on Friday, September 13th.
Shareholders of record on Friday, August 30th were paid a $0.22 dividend. This represents a yield of 0.
7%. The ex-dividend date of this dividend was Friday, August 30th. This is a boost from AngloGold Ashanti’s previous Semi-Annual dividend of $0.
19. About AngloGold Ashanti ( Get Free Report ) 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. Featured Articles Receive News & Ratings for AngloGold Ashanti Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AngloGold Ashanti and related companies with MarketBeat.com's FREE daily email newsletter .
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