AngloGold Ashanti Limited (AU) Director Lotan Holdings Inc. Acquires 29,400 Shares of Stock

AngloGold Ashanti Limited (NYSE:AU) Director Lotan Holdings Inc. bought 29,400 shares of AngloGold Ashanti stock in a transaction dated Wednesday, February 21st. The stock was purchased at an average cost of $1.05 per share, with a total value of $30,870.00.

Lotan Holdings Inc. also recently made the following trade(s):

  • On Friday, February 16th, Lotan Holdings Inc. bought 900 shares of AngloGold Ashanti stock. The stock was purchased at an average cost of $1.07 per share, with a total value of $963.00.
  • On Tuesday, January 23rd, Lotan Holdings Inc. bought 50,000 shares of AngloGold Ashanti stock. The stock was purchased at an average cost of $0.92 per share, with a total value of $46,000.00.
  • On Friday, January 26th, Lotan Holdings Inc. bought 16,000 shares of AngloGold Ashanti stock. The stock was purchased at an average cost of $0.94 per share, with a total value of $15,040.00.

AngloGold Ashanti Limited (AU) traded up $0.11 on Thursday, reaching $10.02. The company’s stock had a trading volume of 1,159,631 shares, compared to its average volume of 3,235,098. The company has a current ratio of 1.57, a quick ratio of 0.65 and a debt-to-equity ratio of 0.88. The stock has a market cap of $4,080.00, a P/E ratio of -21.80, a PEG ratio of 0.23 and a beta of -1.18. AngloGold Ashanti Limited has a 12-month low of $8.86 and a 12-month high of $13.31.

The business also recently disclosed a None dividend, which will be paid on Monday, April 16th. Shareholders of record on Friday, March 23rd will be paid a dividend of $0.055 per share. The ex-dividend date is Thursday, March 22nd. AngloGold Ashanti’s dividend payout ratio is presently -19.57%.

Several analysts have recently weighed in on AU shares. Zacks Investment Research downgraded AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Friday, January 12th. Deutsche Bank raised AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Thursday, November 30th. ValuEngine downgraded AngloGold Ashanti from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. raised AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, Royal Bank of Canada raised AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $11.50 target price for the company in a report on Monday, November 13th. Three analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $11.25.

Institutional investors and hedge funds have recently bought and sold shares of the business. OLD Mission Capital LLC purchased a new stake in AngloGold Ashanti during the 4th quarter valued at approximately $105,000. Fox Run Management L.L.C. purchased a new stake in AngloGold Ashanti during the 3rd quarter valued at approximately $123,000. Nationwide Fund Advisors raised its stake in AngloGold Ashanti by 202.5% during the 3rd quarter. Nationwide Fund Advisors now owns 24,344 shares of the mining company’s stock valued at $226,000 after acquiring an additional 16,296 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in AngloGold Ashanti by 95.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 26,693 shares of the mining company’s stock valued at $272,000 after acquiring an additional 13,051 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd raised its stake in AngloGold Ashanti by 22.2% during the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 29,292 shares of the mining company’s stock valued at $285,000 after acquiring an additional 5,314 shares during the last quarter. 31.51% of the stock is owned by hedge funds and other institutional investors.

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About AngloGold Ashanti

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.

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