19,800 Shares in Gold Fields Limited (NYSE:GFI) Purchased by Segall Bryant & Hamill LLC

Segall Bryant & Hamill LLC bought a new stake in shares of Gold Fields Limited (NYSE:GFI - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 19,800 shares of the company's stock, valued at approximately $261,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GFI. Amundi raised its position in shares of Gold Fields by 7.3% in the 4th quarter. Amundi now owns 3,107,369 shares of the company's stock valued at $44,684,000 after purchasing an additional 211,333 shares during the last quarter. American Century Companies Inc. raised its holdings in shares of Gold Fields by 6.4% in the fourth quarter. American Century Companies Inc. now owns 2,976,004 shares of the company's stock worth $39,283,000 after buying an additional 178,973 shares during the last quarter. RWC Asset Management LLP lifted its stake in shares of Gold Fields by 9.2% during the fourth quarter. RWC Asset Management LLP now owns 2,710,910 shares of the company's stock worth $35,784,000 after buying an additional 227,704 shares during the period. DJE Kapital AG purchased a new stake in shares of Gold Fields during the fourth quarter valued at $33,486,000. Finally, Bamco Inc. NY increased its position in shares of Gold Fields by 4.8% in the 3rd quarter. Bamco Inc. NY now owns 2,018,817 shares of the company's stock valued at $30,989,000 after acquiring an additional 92,571 shares during the period. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on GFI shares. Scotiabank boosted their price target on Gold Fields from $18.00 to $20.00 and gave the company a "sector perform" rating in a research note on Tuesday, February 25th. JPMorgan Chase & Co. increased their price target on shares of Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a report on Wednesday, January 15th. Finally, StockNews.com upgraded shares of Gold Fields from a "buy" rating to a "strong-buy" rating in a research note on Sunday. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $17.20.

Remove Ads

Gold Fields Trading Up 2.3 %

GFI traded up $0.50 on Tuesday, reaching $22.59. The stock had a trading volume of 3,213,539 shares, compared to its average volume of 3,251,593. The business's 50-day moving average price is $19.10 and its two-hundred day moving average price is $16.50. Gold Fields Limited has a 12-month low of $12.98 and a 12-month high of $23.02. The company has a market cap of $20.22 billion, a P/E ratio of 9.61, a price-to-earnings-growth ratio of 0.30 and a beta of 1.14.

Gold Fields Increases Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.3752 dividend. This is a positive change from Gold Fields's previous semi-annual dividend of $0.17. This represents a yield of 1.6%. The ex-dividend date of this dividend was Friday, March 14th. Gold Fields's dividend payout ratio (DPR) is presently 25.96%.

Gold Fields Company Profile

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.