Themes Management Co LLC Takes Position in AngloGold Ashanti PLC $AU

Themes Management Co LLC bought a new position in AngloGold Ashanti PLC (NYSE:AU) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 16,561 shares of the mining company’s stock, valued at approximately $1,412,000. AngloGold Ashanti comprises approximately 1.1% of Themes Management Co LLC’s portfolio, making the stock its 27th largest position.

Other institutional investors have also recently bought and sold shares of the company. UMB Bank n.a. increased its position in AngloGold Ashanti by 129.0% during the third quarter. UMB Bank n.a. now owns 490 shares of the mining company’s stock worth $34,000 after purchasing an additional 276 shares during the last quarter. Ancora Advisors LLC acquired a new position in shares of AngloGold Ashanti in the 3rd quarter valued at $35,000. Global Retirement Partners LLC grew its stake in shares of AngloGold Ashanti by 454.1% during the 4th quarter. Global Retirement Partners LLC now owns 471 shares of the mining company’s stock valued at $40,000 after buying an additional 386 shares during the period. CIBC Private Wealth Group LLC grew its stake in shares of AngloGold Ashanti by 33.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 599 shares of the mining company’s stock valued at $42,000 after buying an additional 150 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of AngloGold Ashanti by 30.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,023 shares of the mining company’s stock worth $47,000 after buying an additional 238 shares during the period. 36.09% of the stock is currently owned by hedge funds and other institutional investors.

AngloGold Ashanti Stock Down 0.1%

Shares of NYSE AU opened at $90.58 on Tuesday. AngloGold Ashanti PLC has a 12-month low of $42.62 and a 12-month high of $129.14. The company has a market cap of $45.73 billion, a P/E ratio of 13.28 and a beta of 0.60. The company has a current ratio of 2.87, a quick ratio of 2.20 and a debt-to-equity ratio of 0.20. The stock has a fifty day moving average price of $97.48 and a 200 day moving average price of $96.11.

AngloGold Ashanti (NYSE:AU) last issued its quarterly earnings data on Friday, May 8th. The mining company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $2.27 by $0.25. AngloGold Ashanti had a return on equity of 37.17% and a net margin of 31.11%.The company had revenue of $3.24 billion for the quarter, compared to analysts’ expectations of $3.26 billion. Research analysts anticipate that AngloGold Ashanti PLC will post 9.26 EPS for the current fiscal year.

AngloGold Ashanti Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a $1.16 dividend. This represents a $4.64 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Friday, May 29th. This is an increase from AngloGold Ashanti’s previous quarterly dividend of $0.17. AngloGold Ashanti’s dividend payout ratio is currently 101.47%.

Analysts Set New Price Targets

AU has been the subject of a number of research reports. Scotiabank lowered their price target on AngloGold Ashanti from $134.00 to $133.00 and set a “sector outperform” rating for the company in a research report on Friday, March 20th. Zacks Research downgraded AngloGold Ashanti from a “strong-buy” rating to a “hold” rating in a report on Monday, February 23rd. Roth Mkm reaffirmed a “buy” rating and issued a $121.00 price objective on shares of AngloGold Ashanti in a research note on Monday, May 11th. Weiss Ratings raised shares of AngloGold Ashanti from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 15th. Finally, Wall Street Zen upgraded shares of AngloGold Ashanti from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

AngloGold Ashanti Profile

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.