DRDGOLD Limited (NYSE:DRD) Stock Holdings Raised by Invesco Ltd.

Invesco Ltd. lifted its position in shares of DRDGOLD Limited (NYSE:DRD - Free Report) by 8.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 266,360 shares of the basic materials company's stock after acquiring an additional 20,000 shares during the period. Invesco Ltd. owned about 0.31% of DRDGOLD worth $2,299,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. OLD Mission Capital LLC acquired a new position in DRDGOLD during the 4th quarter valued at about $403,000. Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. bought a new position in shares of DRDGOLD during the 4th quarter valued at about $1,449,000. JPMorgan Chase & Co. grew its position in DRDGOLD by 9.2% in the fourth quarter. JPMorgan Chase & Co. now owns 101,764 shares of the basic materials company's stock worth $878,000 after buying an additional 8,558 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of DRDGOLD by 72.9% in the 4th quarter. American Century Companies Inc. now owns 891,105 shares of the basic materials company's stock worth $7,690,000 after acquiring an additional 375,705 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of DRDGOLD by 15.4% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 502,100 shares of the basic materials company's stock valued at $4,333,000 after purchasing an additional 66,857 shares during the last quarter. 14.70% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. HC Wainwright cut their target price on shares of DRDGOLD from $17.25 to $16.25 and set a "buy" rating on the stock in a research note on Wednesday, February 19th. StockNews.com downgraded shares of DRDGOLD from a "buy" rating to a "hold" rating in a research report on Friday, April 18th.

DRDGOLD Trading Up 1.1 %

DRD stock opened at $15.01 on Tuesday. The firm has a market cap of $1.30 billion, a PE ratio of 11.91 and a beta of 0.88. DRDGOLD Limited has a 1 year low of $7.64 and a 1 year high of $17.60. The company has a fifty day simple moving average of $14.11 and a 200 day simple moving average of $11.48.

DRDGOLD Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were issued a dividend of $0.1628 per share. This represents a dividend yield of 1.8%. The ex-dividend date of this dividend was Friday, March 14th. DRDGOLD's dividend payout ratio is 19.05%.

About DRDGOLD

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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