Bridgewater Associates LP Decreases Position in AngloGold Ashanti Limited (AU)

Bridgewater Associates LP cut its stake in shares of AngloGold Ashanti Limited (NYSE:AU) by 78.2% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 89,842 shares of the mining company’s stock after selling 321,952 shares during the quarter. Bridgewater Associates LP’s holdings in AngloGold Ashanti Limited were worth $873,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently made changes to their positions in AU. Capstone Asset Management Co. grew its holdings in shares of AngloGold Ashanti Limited by 6.6% during the 1st quarter. Capstone Asset Management Co. now owns 25,650 shares of the mining company’s stock valued at $276,000 after purchasing an additional 1,580 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of AngloGold Ashanti Limited during the 1st quarter valued at approximately $503,000. Bank of New York Mellon Corp grew its holdings in shares of AngloGold Ashanti Limited by 218.1% during the 1st quarter. Bank of New York Mellon Corp now owns 831,541 shares of the mining company’s stock valued at $8,956,000 after purchasing an additional 570,117 shares during the last quarter. Comerica Bank grew its holdings in shares of AngloGold Ashanti Limited by 1.3% during the 1st quarter. Comerica Bank now owns 23,405 shares of the mining company’s stock valued at $263,000 after purchasing an additional 306 shares during the last quarter. Finally, World Asset Management Inc grew its holdings in shares of AngloGold Ashanti Limited by 1.2% during the 1st quarter. World Asset Management Inc now owns 25,360 shares of the mining company’s stock valued at $273,000 after purchasing an additional 308 shares during the last quarter. 32.76% of the stock is currently owned by institutional investors.

Several brokerages recently issued reports on AU. BidaskClub lowered shares of AngloGold Ashanti Limited from a “sell” rating to a “strong sell” rating in a report on Thursday, June 22nd. Zacks Investment Research raised shares of AngloGold Ashanti Limited from a “sell” rating to a “hold” rating in a report on Monday, June 5th. Finally, ValuEngine lowered shares of AngloGold Ashanti Limited from a “hold” rating to a “sell” rating in a report on Tuesday, June 27th. Three analysts have rated the stock with a sell rating, five have given a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $13.22.

Shares of AngloGold Ashanti Limited (AU) opened at 9.94 on Friday. The company’s market capitalization is $4.07 billion. The firm’s 50-day moving average is $9.72 and its 200-day moving average is $10.64. AngloGold Ashanti Limited has a 12-month low of $8.89 and a 12-month high of $17.23.

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AngloGold Ashanti Limited Company Profile

AngloGold Ashanti Limited (AngloGold Ashanti) is a gold mining company. The Company’s business activities span the spectrum of the mining value chain. Its main product is gold. Its portfolio includes over 17 mines in approximately nine countries. It also produces silver, uranium and sulfuric acid as by-products.

Institutional Ownership by Quarter for AngloGold Ashanti Limited (NYSE:AU)

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