Oaktree Capital Management LP Buys 159,816 Shares of AngloGold Ashanti Limited (AU)

Oaktree Capital Management LP raised its stake in shares of AngloGold Ashanti Limited (NYSE:AU) by 5.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,237,041 shares of the mining company’s stock after buying an additional 159,816 shares during the quarter. Oaktree Capital Management LP owned about 0.79% of AngloGold Ashanti worth $30,072,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in AU. Bank of Montreal Can raised its stake in shares of AngloGold Ashanti by 4.3% in the second quarter. Bank of Montreal Can now owns 52,654 shares of the mining company’s stock worth $512,000 after purchasing an additional 2,176 shares during the last quarter. BNP Paribas Arbitrage SA raised its stake in shares of AngloGold Ashanti by 11.3% in the second quarter. BNP Paribas Arbitrage SA now owns 55,611 shares of the mining company’s stock worth $541,000 after purchasing an additional 5,634 shares during the last quarter. GAM Holding AG raised its stake in shares of AngloGold Ashanti by 27.3% in the second quarter. GAM Holding AG now owns 840,000 shares of the mining company’s stock worth $8,165,000 after purchasing an additional 180,000 shares during the last quarter. Airain ltd purchased a new position in shares of AngloGold Ashanti in the second quarter worth $4,490,000. Finally, JPMorgan Chase & Co. raised its stake in shares of AngloGold Ashanti by 1,417.6% in the second quarter. JPMorgan Chase & Co. now owns 175,405 shares of the mining company’s stock worth $1,705,000 after purchasing an additional 163,847 shares during the last quarter. Institutional investors and hedge funds own 31.43% of the company’s stock.

Several research firms have recently weighed in on AU. Deutsche Bank upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Thursday, November 30th. Royal Bank Of Canada upgraded AngloGold Ashanti from a “sector perform” rating to an “outperform” rating and set a $11.50 price target for the company in a research note on Monday, November 13th. upgraded AngloGold Ashanti from a “hold” rating to a “buy” rating in a research note on Tuesday, November 7th. Zacks Investment Research upgraded AngloGold Ashanti from a “sell” rating to a “hold” rating in a research note on Tuesday, October 17th. Finally, J P Morgan Chase & Co upgraded AngloGold Ashanti from a “neutral” rating to an “overweight” rating in a research note on Monday, October 16th. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $11.50.

Shares of AngloGold Ashanti Limited (NYSE AU) opened at $9.14 on Thursday. The company has a quick ratio of 0.65, a current ratio of 1.57 and a debt-to-equity ratio of 0.88. AngloGold Ashanti Limited has a 1 year low of $8.89 and a 1 year high of $13.68.

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AngloGold Ashanti Company Profile

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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Institutional Ownership by Quarter for AngloGold Ashanti (NYSE:AU)

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