Jane Street Group LLC Has Boosted Its Anglogold Ashanti LTD (AU) Position by $15.92 Million; Stock Price Rose

AngloGold Ashanti Limited (NYSE:AU) Logo

Jane Street Group Llc increased its stake in Anglogold Ashanti Ltd (AU) by 37.4% based on its latest 2019Q2 regulatory filing with the SEC. Jane Street Group Llc bought 936,345 shares as the company’s stock rose 47.07% . The institutional investor held 3.44M shares of the precious metals company at the end of 2019Q2, valued at $61.26M, up from 2.50M at the end of the previous reported quarter. Jane Street Group Llc who had been investing in Anglogold Ashanti Ltd for a number of months, seems to be bullish on the $7.81B market cap company. The stock decreased 3.83% or $0.75 during the last trading session, reaching $18.84. About 5.99 million shares traded or 62.16% up from the average. AngloGold Ashanti Limited (NYSE:AU) has risen 96.32% since September 13, 2018 and is uptrending. It has outperformed by 96.32% the S&P500.

Jane Street Group Llc, which manages about $56.55B US Long portfolio, decreased its stake in American Elec Pwr Co Inc (Put) (NYSE:AEP) by 77,500 shares to 11,700 shares, valued at $1.03M in 2019Q2, according to the filing. It also reduced its holding in Phillips 66 (Put) (NYSE:PSX) by 40,500 shares in the quarter, leaving it with 25,000 shares, and cut its stake in Wayfair Inc (Call) (NYSE:W).

More notable recent AngloGold Ashanti Limited (NYSE:AU) news were published by: Fool.com which released: “The 10 Biggest Gold Mining Stocks – Motley Fool” on August 22, 2019, also Seekingalpha.com with their article: “AngloGold Ashanti: Time To Exit South Africa – Seeking Alpha” published on May 23, 2019, Seekingalpha.com published: “AngloGold Ashanti Limited 2019 Q2 – Results – Earnings Call Slides – Seeking Alpha” on August 08, 2019. More interesting news about AngloGold Ashanti Limited (NYSE:AU) were released by: Seekingalpha.com and their article: “Coeur Mining: A Turnaround In The Making – Seeking Alpha” published on August 15, 2019 as well as Seekingalpha.com‘s news article titled: “AngloGold sells non-core Colombian exploration assets – Seeking Alpha” with publication date: March 06, 2019.

AngloGold Ashanti Limited (NYSE:AU) Ratings Coverage

Among 2 analysts covering AngloGold Ashanti (NYSE:AU), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. AngloGold Ashanti has $26.1000 highest and $2100 lowest target. $23.55’s average target is 25.00% above currents $18.84 stock price. AngloGold Ashanti had 5 analyst reports since April 3, 2019 according to SRatingsIntel. The stock has “Outperform” rating by BMO Capital Markets on Thursday, June 27. JP Morgan maintained the shares of AU in report on Thursday, September 12 with “Overweight” rating.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.