AngloGold Ashanti Target of Unusually High Options Trading (AU)

AngloGold Ashanti (NYSE:AU) saw unusually large options trading activity on Thursday. Stock traders bought 13,638 put options on the stock. This is an increase of 4,083% compared to the average daily volume of 326 put options.

Several research analysts recently commented on AU shares. Zacks Investment Research raised shares of AngloGold Ashanti from a “sell” rating to a “hold” rating in a report on Monday, April 16th. ValuEngine downgraded shares of AngloGold Ashanti from a “hold” rating to a “sell” rating in a report on Saturday, February 3rd. Two analysts have rated the stock with a sell rating, one has given a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $10.75.

AngloGold Ashanti opened at $8.31 on Friday, according to MarketBeat Ratings. AngloGold Ashanti has a 1 year low of $8.47 and a 1 year high of $8.64. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.63 and a current ratio of 1.57. The company has a market capitalization of $3.49 billion, a price-to-earnings ratio of 138.50 and a beta of -0.89.

In other AngloGold Ashanti news, Director Lotan Holdings Inc. acquired 29,400 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The stock was bought at an average cost of $1.05 per share, with a total value of $30,870.00. Over the last ninety days, insiders purchased 114,400 shares of company stock valued at $108,620.

Hedge funds and other institutional investors have recently bought and sold shares of the business. OLD Mission Capital LLC purchased a new stake in AngloGold Ashanti in the 4th quarter worth approximately $105,000. Cambridge Investment Research Advisors Inc. purchased a new stake in AngloGold Ashanti in the 1st quarter worth approximately $145,000. Fox Run Management L.L.C. lifted its stake in AngloGold Ashanti by 44.3% in the 4th quarter. Fox Run Management L.L.C. now owns 19,050 shares of the mining company’s stock worth $194,000 after purchasing an additional 5,850 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in AngloGold Ashanti by 95.7% in the 4th quarter. Tower Research Capital LLC TRC now owns 26,693 shares of the mining company’s stock worth $272,000 after purchasing an additional 13,051 shares in the last quarter. Finally, Teacher Retirement System of Texas purchased a new stake in AngloGold Ashanti in the 4th quarter worth approximately $433,000. Institutional investors and hedge funds own 31.50% of the company’s stock.

About AngloGold Ashanti

AngloGold Ashanti Limited operates as a gold mining and exploration company. The company also produces silver, uranium oxide, copper, and sulphuric acid. Its portfolio includes 17 mines in South Africa, Continental Africa, Australasia, and the Americas. AngloGold Ashanti Limited was founded in 1944 and is headquartered in Johannesburg, South Africa.

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