D.A. Davidson & CO. purchased a new position in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 32,396 shares of the company's stock, valued at approximately $428,000.
Several other large investors have also recently added to or reduced their stakes in GFI. QRG Capital Management Inc. purchased a new position in Gold Fields in the third quarter valued at about $160,000. Concurrent Investment Advisors LLC increased its holdings in Gold Fields by 8.3% in the third quarter. Concurrent Investment Advisors LLC now owns 11,100 shares of the company's stock valued at $170,000 after buying an additional 850 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Gold Fields in the third quarter valued at about $209,000. Rhumbline Advisers increased its holdings in Gold Fields by 4.3% in the fourth quarter. Rhumbline Advisers now owns 17,332 shares of the company's stock valued at $229,000 after buying an additional 720 shares in the last quarter. Finally, Rakuten Securities Inc. increased its holdings in Gold Fields by 90.7% in the third quarter. Rakuten Securities Inc. now owns 16,562 shares of the company's stock valued at $254,000 after buying an additional 7,879 shares in the last quarter. 24.81% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
GFI has been the subject of a number of research analyst reports. StockNews.com raised shares of Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Friday, February 21st. Scotiabank increased their price target on shares of Gold Fields from $18.00 to $20.00 and gave the company a "sector perform" rating in a research report on Tuesday. Finally, JPMorgan Chase & Co. increased their price target on shares of Gold Fields from $17.10 to $18.80 and gave the company a "neutral" rating in a research report on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $17.20.
Read Our Latest Analysis on GFI
Gold Fields Trading Down 2.6 %
Shares of GFI stock traded down $0.47 during trading hours on Friday, hitting $17.93. The company's stock had a trading volume of 4,823,715 shares, compared to its average volume of 2,986,643. The business has a fifty day moving average of $16.41 and a 200-day moving average of $15.62. The stock has a market cap of $16.05 billion, a price-to-earnings ratio of 7.63, a P/E/G ratio of 0.30 and a beta of 1.15. Gold Fields Limited has a twelve month low of $12.82 and a twelve month high of $19.80.
Gold Fields Company Profile
(
Free Report)
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.
Further Reading
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