Blue Trust Inc. Decreases Stock Holdings in Gold Fields Limited (NYSE:GFI)

Blue Trust Inc. lowered its position in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 68.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,565 shares of the company's stock after selling 45,000 shares during the period. Blue Trust Inc.'s holdings in Gold Fields were worth $271,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of GFI. Van ECK Associates Corp boosted its stake in shares of Gold Fields by 3.3% during the 3rd quarter. Van ECK Associates Corp now owns 48,505,911 shares of the company's stock worth $744,566,000 after acquiring an additional 1,549,372 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in Gold Fields by 10.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,155,835 shares of the company's stock valued at $94,492,000 after purchasing an additional 580,546 shares during the last quarter. Bamco Inc. NY grew its holdings in Gold Fields by 4.8% in the third quarter. Bamco Inc. NY now owns 2,018,817 shares of the company's stock valued at $30,989,000 after purchasing an additional 92,571 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Gold Fields by 66.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,385,210 shares of the company's stock worth $21,263,000 after buying an additional 551,210 shares during the last quarter. Finally, State Street Corp boosted its position in shares of Gold Fields by 2.2% in the 3rd quarter. State Street Corp now owns 1,194,633 shares of the company's stock worth $18,338,000 after buying an additional 25,972 shares in the last quarter. Hedge funds and other institutional investors own 24.81% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. JPMorgan Chase & Co. increased their target price on Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a research report on Wednesday, January 15th. StockNews.com cut Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, November 5th. Finally, Investec upgraded Gold Fields from a "hold" rating to a "buy" rating in a research report on Friday, October 18th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Gold Fields has a consensus rating of "Hold" and a consensus price target of $16.45.

Gold Fields Stock Performance

NYSE:GFI opened at $16.97 on Monday. The company's 50-day moving average price is $14.63 and its two-hundred day moving average price is $15.28. Gold Fields Limited has a 12 month low of $12.28 and a 12 month high of $18.97.

Gold Fields 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.

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