Anfield Capital Management LLC Purchases Shares of 33,536 AngloGold Ashanti PLC $AU

Anfield Capital Management LLC acquired a new position in shares of AngloGold Ashanti PLC (NYSE:AU) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 33,536 shares of the mining company’s stock, valued at approximately $2,359,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its holdings in AngloGold Ashanti by 4.8% during the third quarter. EverSource Wealth Advisors LLC now owns 3,528 shares of the mining company’s stock worth $248,000 after purchasing an additional 161 shares during the period. CoreCap Advisors LLC lifted its position in shares of AngloGold Ashanti by 27.3% in the third quarter. CoreCap Advisors LLC now owns 1,006 shares of the mining company’s stock valued at $71,000 after buying an additional 216 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of AngloGold Ashanti by 13.8% in the third quarter. Farther Finance Advisors LLC now owns 1,893 shares of the mining company’s stock valued at $133,000 after buying an additional 229 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of AngloGold Ashanti by 30.3% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,023 shares of the mining company’s stock worth $47,000 after acquiring an additional 238 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of AngloGold Ashanti by 27.2% during the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,257 shares of the mining company’s stock worth $88,000 after acquiring an additional 269 shares during the last quarter. 36.09% of the stock is owned by institutional investors.

AngloGold Ashanti Stock Up 1.3%

Shares of NYSE AU opened at $127.73 on Friday. The stock has a market capitalization of $64.49 billion, a P/E ratio of 24.61 and a beta of 0.59. The stock’s fifty day moving average is $101.77 and its 200 day moving average is $81.54. AngloGold Ashanti PLC has a 52 week low of $28.44 and a 52 week high of $128.54. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.98 and a current ratio of 2.58.

AngloGold Ashanti (NYSE:AU) last posted its quarterly earnings data on Friday, February 20th. The mining company reported $1.90 earnings per share for the quarter, hitting the consensus estimate of $1.90. AngloGold Ashanti had a net margin of 26.65% and a return on equity of 29.70%. The business had revenue of $3.07 billion during the quarter, compared to analysts’ expectations of $2.99 billion. Sell-side analysts forecast that AngloGold Ashanti PLC will post 3.83 earnings per share for the current fiscal year.

AngloGold Ashanti Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a $0.173 dividend. This represents a $0.69 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Friday, March 13th. AngloGold Ashanti’s dividend payout ratio (DPR) is 70.13%.

Analyst Ratings Changes

AU has been the subject of several research reports. JPMorgan Chase & Co. raised their price target on AngloGold Ashanti from $128.00 to $131.00 and gave the company an “overweight” rating in a report on Wednesday, December 3rd. Zacks Research lowered shares of AngloGold Ashanti from a “strong-buy” rating to a “hold” rating in a research report on Monday, February 23rd. Weiss Ratings cut shares of AngloGold Ashanti from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday. Citigroup upped their price target on shares of AngloGold Ashanti from $105.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Finally, Wall Street Zen raised shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Saturday, December 13th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $100.50.

About AngloGold Ashanti

AngloGold Ashanti is a global gold mining company engaged in the exploration, development, production, processing and sale of gold. Headquartered in Johannesburg, South Africa, the company’s core activities span the full mining value chain from greenfield exploration and mine development through to ore processing and rehabilitation. Gold is the primary commodity produced, with individual operations sometimes yielding other by‑products depending on local geology and processing methods.

The company was formed in 2004 through the merger of AngloGold and Ashanti Goldfields, creating a diversified international gold producer.