Stonehage Fleming Financial Services Holdings Ltd Makes New $176,000 Investment in DRDGOLD Limited (NYSE:DRD)

Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of DRDGOLD Limited (NYSE:DRD) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 20,445 shares of the basic materials company’s stock, valued at approximately $176,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of DRDGOLD by 270.4% during the second quarter. Dimensional Fund Advisors LP now owns 79,277 shares of the basic materials company’s stock worth $683,000 after acquiring an additional 57,875 shares during the last quarter. EverSource Wealth Advisors LLC increased its stake in shares of DRDGOLD by 68.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 4,529 shares of the basic materials company’s stock valued at $39,000 after purchasing an additional 1,840 shares in the last quarter. Marshall Wace LLP lifted its position in shares of DRDGOLD by 34.3% during the 2nd quarter. Marshall Wace LLP now owns 208,006 shares of the basic materials company’s stock valued at $1,791,000 after buying an additional 53,081 shares in the last quarter. Blue Trust Inc. increased its stake in shares of DRDGOLD by 488.4% during the third quarter. Blue Trust Inc. now owns 36,144 shares of the basic materials company’s stock worth $348,000 after purchasing an additional 30,001 shares in the last quarter. Finally, U S Global Investors Inc. acquired a new position in shares of DRDGOLD during the third quarter valued at approximately $2,388,000. Institutional investors own 14.70% of the company’s stock.

DRDGOLD Stock Up 1.7 %

NYSE:DRD opened at $10.30 on Monday. DRDGOLD Limited has a 1 year low of $6.48 and a 1 year high of $12.70. The stock has a 50-day simple moving average of $9.30 and a 200-day simple moving average of $9.66.

Analyst Ratings Changes

Separately, HC Wainwright upped their price target on DRDGOLD from $13.25 to $17.25 and gave the company a “buy” rating in a research report on Wednesday, January 22nd.

DRDGOLD Profile

DRDGOLD Limited, a gold mining company, engages in the surface gold tailings retreatment business in South Africa. It also involved in the exploration, extraction, processing, and smelting activities. The company recovers gold from surface tailings in the Witwatersrand basin in Gauteng province. DRDGOLD Limited was formerly known as Durban Roodepoort Deep Limited and changed its name to DRDGOLD Limited in 2004.