Nomura Holdings Inc. Purchases 31,055 Shares of AngloGold Ashanti Limited (AU)

Nomura Holdings Inc. lifted its position in shares of AngloGold Ashanti Limited (NYSE:AU) by 221.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 45,110 shares of the mining company’s stock after acquiring an additional 31,055 shares during the quarter. Nomura Holdings Inc.’s holdings in AngloGold Ashanti were worth $566,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Quadrant Capital Group LLC raised its position in shares of AngloGold Ashanti by 2,107.1% during the fourth quarter. Quadrant Capital Group LLC now owns 8,078 shares of the mining company’s stock worth $99,000 after acquiring an additional 7,712 shares during the last quarter. Northern Trust Corp raised its position in shares of AngloGold Ashanti by 2.0% during the fourth quarter. Northern Trust Corp now owns 501,872 shares of the mining company’s stock worth $6,299,000 after acquiring an additional 9,871 shares during the last quarter. Commonwealth Bank of Australia raised its position in shares of AngloGold Ashanti by 7.5% during the third quarter. Commonwealth Bank of Australia now owns 152,739 shares of the mining company’s stock worth $1,306,000 after acquiring an additional 10,600 shares during the last quarter. Campbell & CO Investment Adviser LLC bought a new stake in shares of AngloGold Ashanti during the fourth quarter worth $156,000. Finally, First Trust Advisors LP bought a new stake in shares of AngloGold Ashanti during the fourth quarter worth $143,000. Institutional investors own 40.31% of the company’s stock.

NYSE AU opened at $13.60 on Friday. The stock has a market capitalization of $5.57 billion, a P/E ratio of 25.66, a P/E/G ratio of 0.99 and a beta of -1.04. The company has a quick ratio of 0.73, a current ratio of 1.55 and a debt-to-equity ratio of 0.71. AngloGold Ashanti Limited has a 12 month low of $7.07 and a 12 month high of $15.86.

The business also recently disclosed an annual dividend, which will be paid on Thursday, April 18th. Investors of record on Friday, March 22nd will be issued a $0.0679 dividend. The ex-dividend date is Thursday, March 21st. This represents a yield of 0.46%. AngloGold Ashanti’s dividend payout ratio is presently 9.43%.

A number of equities research analysts recently commented on AU shares. ValuEngine upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Tuesday, February 19th. Zacks Investment Research downgraded AngloGold Ashanti from a “hold” rating to a “sell” rating in a report on Thursday, January 24th. Scotiabank reiterated a “hold” rating and issued a $14.00 price objective on shares of AngloGold Ashanti in a report on Sunday, January 20th. Finally, BMO Capital Markets started coverage on AngloGold Ashanti in a report on Monday, December 10th. They issued a “market perform” rating and a $11.00 price objective for the company. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $11.50.

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About AngloGold Ashanti

AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.

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

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