Marshall Wace LLP Has $684,000 Stake in Dakota Gold Corp. (NYSE:DC)

Marshall Wace LLP increased its holdings in Dakota Gold Corp. (NYSE:DC - Free Report) by 165.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 310,916 shares of the company's stock after purchasing an additional 193,689 shares during the period. Marshall Wace LLP owned 0.33% of Dakota Gold worth $684,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Barclays PLC increased its stake in shares of Dakota Gold by 294.0% in the third quarter. Barclays PLC now owns 93,667 shares of the company's stock worth $222,000 after buying an additional 69,896 shares during the last quarter. Geode Capital Management LLC grew its position in Dakota Gold by 4.4% in the 3rd quarter. Geode Capital Management LLC now owns 1,458,553 shares of the company's stock worth $3,443,000 after purchasing an additional 60,918 shares during the last quarter. Virtu Financial LLC acquired a new position in Dakota Gold during the 3rd quarter worth $55,000. ORG Wealth Partners LLC bought a new position in Dakota Gold in the 4th quarter valued at about $202,000. Finally, SG Americas Securities LLC increased its stake in shares of Dakota Gold by 48.3% during the fourth quarter. SG Americas Securities LLC now owns 34,469 shares of the company's stock valued at $76,000 after acquiring an additional 11,229 shares during the period. Hedge funds and other institutional investors own 37.41% of the company's stock.

Dakota Gold Stock Performance

Shares of NYSE:DC traded down $0.01 on Wednesday, hitting $2.77. 403,119 shares of the company were exchanged, compared to its average volume of 344,369. The company's 50 day moving average price is $2.81 and its two-hundred day moving average price is $2.56. Dakota Gold Corp. has a one year low of $1.84 and a one year high of $3.50. The firm has a market capitalization of $275.55 million, a price-to-earnings ratio of -6.76 and a beta of 1.00.

Analysts Set New Price Targets

Separately, BMO Capital Markets boosted their target price on shares of Dakota Gold from $6.00 to $7.50 and gave the company an "outperform" rating in a research note on Monday, February 10th.

Dakota Gold Company Profile

Dakota Gold Corp. engages in the acquisition, exploration, and development of mineral properties in the United States. It primarily explores for gold deposits. The company holds 100% interest in the Blind Gold, City Creek, Tinton, West Corridor, Ragged Top, Poorman Anticline, Maitland, South Lead/ Whistler Gulch, the Barrick Option, Richmond Hill and Homestake Paleoplacer Properties located in Homestake Mining District, South Dakota.