2 weeks Ago By Defense World Staff
Rhumbline Advisers reduced its holdings in DRDGOLD Limited ( NYSE:DRD – Free Report ) by 14.0% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,431 shares of the basic materials company’s stock after selling 1,210 shares during the period.
Rhumbline Advisers’ holdings in DRDGOLD were worth $64,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors have also recently made changes to their positions in the company. Hennion & Walsh Asset Management Inc.
increased its position in shares of DRDGOLD by 11.3% during the second quarter. Hennion & Walsh Asset Management Inc.
now owns 17,778 shares of the basic materials company’s stock worth $153,000 after acquiring an additional 1,802 shares during the period. Blue Trust Inc. lifted its position in shares of DRDGOLD by 4,107.
5% in the 2nd quarter. Blue Trust Inc. now owns 6,143 shares of the basic materials company’s stock worth $50,000 after purchasing an additional 5,997 shares during the period.
Campbell & CO Investment Adviser LLC purchased a new position in DRDGOLD during the fourth quarter valued at approximately $507,000. Creekmur Asset Management LLC bought a new position in DRDGOLD in the fourth quarter worth approximately $216,000. Finally, Van ECK Associates Corp raised its stake in DRDGOLD by 7.
0% in the first quarter. Van ECK Associates Corp now owns 6,563,184 shares of the basic materials company’s stock worth $53,818,000 after buying an additional 430,603 shares in the last quarter. 14.
70% of the stock is currently owned by institutional investors. DRDGOLD Trading Down 4.6 % DRD opened at $9.
64 on Tuesday. The firm’s 50-day moving average price is $9.13 and its 200 day moving average price is $8.
78. The firm has a market capitalization of $833.46 million, a PE ratio of 11.
21 and a beta of 1.12. DRDGOLD Limited has a twelve month low of $6.
48 and a twelve month high of $10.69. DRDGOLD Increases Dividend Analyst Ratings Changes A number of analysts recently commented on DRD shares.
HC Wainwright lowered their target price on shares of DRDGOLD from $15.50 to $13.25 and set a “buy” rating for the company in a research note on Thursday, August 22nd.
StockNews.com lowered shares of DRDGOLD from a “buy” rating to a “hold” rating in a research note on Thursday, September 26th. Check Out Our Latest Report on DRDGOLD About DRDGOLD ( Free Report ) 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.
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