13,605 Shares in AngloGold Ashanti plc (NYSE:AU) Acquired by Yousif Capital Management LLC

Yousif Capital Management LLC purchased a new position in AngloGold Ashanti plc (NYSE:AU) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 13,605 shares of the mining company’s stock, valued at approximately $254,000.

A number of other large investors also recently added to or reduced their stakes in the business. Lesa Sroufe & Co raised its holdings in shares of AngloGold Ashanti by 27.7% during the 4th quarter. Lesa Sroufe & Co now owns 136,103 shares of the mining company’s stock worth $2,544,000 after acquiring an additional 29,557 shares in the last quarter. Hussman Strategic Advisors Inc. raised its holdings in shares of AngloGold Ashanti by 16.7% during the 4th quarter. Hussman Strategic Advisors Inc. now owns 178,500 shares of the mining company’s stock worth $3,336,000 after acquiring an additional 25,500 shares in the last quarter. Handelsbanken Fonder AB purchased a new stake in shares of AngloGold Ashanti during the 4th quarter worth approximately $1,443,000. Euro Pacific Asset Management LLC raised its holdings in shares of AngloGold Ashanti by 29.6% during the 4th quarter. Euro Pacific Asset Management LLC now owns 74,974 shares of the mining company’s stock worth $1,402,000 after acquiring an additional 17,127 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of AngloGold Ashanti by 0.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 201,558 shares of the mining company’s stock worth $3,767,000 after acquiring an additional 1,644 shares in the last quarter. 36.09% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on AngloGold Ashanti from $23.00 to $31.00 and gave the stock an “overweight” rating in a report on Wednesday, April 17th. StockNews.com upgraded AngloGold Ashanti from a “sell” rating to a “hold” rating in a report on Friday, February 23rd. Finally, HSBC lowered AngloGold Ashanti from a “hold” rating to a “reduce” rating in a report on Friday, April 19th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $24.25.

AngloGold Ashanti Stock Performance

NYSE:AU opened at $23.84 on Tuesday. The stock’s fifty day moving average is $22.32 and its 200 day moving average is $19.43. AngloGold Ashanti plc has a fifty-two week low of $14.91 and a fifty-two week high of $28.87.

AngloGold Ashanti Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.19 dividend. This represents a yield of 1.1%. The ex-dividend date was Thursday, March 14th. This is an increase from AngloGold Ashanti’s previous semi-annual dividend of $0.03.

AngloGold Ashanti 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.