Decker Retirement Planning Inc. Purchases Shares of 3,000 AngloGold Ashanti plc (NYSE:AU)

Decker Retirement Planning Inc. acquired a new position in AngloGold Ashanti plc (NYSE:AU) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 3,000 shares of the mining company’s stock, valued at approximately $69,000.

Several other institutional investors have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in AngloGold Ashanti during the third quarter valued at approximately $126,000. JPMorgan Chase & Co. increased its holdings in shares of AngloGold Ashanti by 378.2% in the third quarter. JPMorgan Chase & Co. now owns 4,782 shares of the mining company’s stock valued at $127,000 after buying an additional 3,782 shares in the last quarter. Blue Trust Inc. lifted its position in shares of AngloGold Ashanti by 72.6% during the 3rd quarter. Blue Trust Inc. now owns 5,991 shares of the mining company’s stock valued at $151,000 after acquiring an additional 2,520 shares during the last quarter. Ritholtz Wealth Management bought a new stake in shares of AngloGold Ashanti during the 3rd quarter worth $222,000. Finally, Assenagon Asset Management S.A. acquired a new position in shares of AngloGold Ashanti in the 4th quarter worth $248,000. Institutional investors and hedge funds own 36.09% of the company’s stock.

AngloGold Ashanti Stock Performance

Shares of AU opened at $26.91 on Friday. The company has a current ratio of 1.73, a quick ratio of 1.14 and a debt-to-equity ratio of 0.46. The business’s 50-day moving average is $24.81 and its 200-day moving average is $27.19. AngloGold Ashanti plc has a fifty-two week low of $15.80 and a fifty-two week high of $32.57.

Analysts Set New Price Targets

AU has been the subject of several analyst reports. StockNews.com downgraded AngloGold Ashanti from a “buy” rating to a “hold” rating in a report on Tuesday, November 12th. JPMorgan Chase & Co. reduced their price objective on shares of AngloGold Ashanti from $37.00 to $32.00 and set an “overweight” rating for the company in a research note on Friday, December 6th. Royal Bank of Canada upgraded shares of AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $31.00 target price for the company in a report on Tuesday, December 3rd. Investec upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Friday, October 18th. Finally, Scotiabank raised shares of AngloGold Ashanti from a “sector underperform” rating to a “sector perform” rating and set a $30.00 price objective for the company in a research note on Thursday, November 21st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $31.75.

About AngloGold Ashanti

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.