2,545 Shares in DRDGOLD Limited (NYSE:DRD) Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise acquired a new position in DRDGOLD Limited (NYSE:DRD) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 2,545 shares of the basic materials company’s stock, valued at approximately $39,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. lifted its stake in DRDGOLD by 10.0% in the fourth quarter. Ameriprise Financial Inc. now owns 15,779 shares of the basic materials company’s stock valued at $136,000 after buying an additional 1,438 shares during the period. GAMMA Investing LLC lifted its stake in DRDGOLD by 52.9% in the first quarter. GAMMA Investing LLC now owns 4,953 shares of the basic materials company’s stock valued at $77,000 after buying an additional 1,713 shares during the period. Aquatic Capital Management LLC acquired a new position in DRDGOLD in the fourth quarter valued at about $25,000. Bank of America Corp DE lifted its stake in DRDGOLD by 47.2% in the fourth quarter. Bank of America Corp DE now owns 16,732 shares of the basic materials company’s stock valued at $144,000 after buying an additional 5,364 shares during the period. Finally, JPMorgan Chase & Co. grew its stake in DRDGOLD by 9.2% in the fourth quarter. JPMorgan Chase & Co. now owns 101,764 shares of the basic materials company’s stock valued at $878,000 after acquiring an additional 8,558 shares during the period. 14.70% of the stock is currently owned by institutional investors and hedge funds.

DRDGOLD Price Performance

NYSE:DRD opened at $13.86 on Monday. DRDGOLD Limited has a 1 year low of $7.64 and a 1 year high of $17.60. The stock has a 50-day moving average price of $14.13 and a two-hundred day moving average price of $13.56.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut DRDGOLD from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 12th.

DRDGOLD Company 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.