DJE Kapital AG Takes Position in Gold Fields Limited (NYSE:GFI)

DJE Kapital AG bought a new stake in shares of Gold Fields Limited (NYSE:GFI - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 2,563,879 shares of the company's stock, valued at approximately $33,486,000. DJE Kapital AG owned approximately 0.29% of Gold Fields at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of GFI. Rhumbline Advisers boosted its position in shares of Gold Fields by 4.3% in the 4th quarter. Rhumbline Advisers now owns 17,332 shares of the company's stock worth $229,000 after purchasing an additional 720 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Gold Fields by 8.3% in the third quarter. Concurrent Investment Advisors LLC now owns 11,100 shares of the company's stock worth $170,000 after acquiring an additional 850 shares during the last quarter. US Bancorp DE increased its holdings in shares of Gold Fields by 18.9% during the fourth quarter. US Bancorp DE now owns 11,484 shares of the company's stock valued at $152,000 after acquiring an additional 1,829 shares in the last quarter. Atomi Financial Group Inc. raised its position in shares of Gold Fields by 10.5% in the 4th quarter. Atomi Financial Group Inc. now owns 21,153 shares of the company's stock worth $279,000 after purchasing an additional 2,014 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in Gold Fields by 11.1% in the 3rd quarter. Quantinno Capital Management LP now owns 21,205 shares of the company's stock worth $326,000 after purchasing an additional 2,118 shares in the last quarter. 24.81% of the stock is owned by hedge funds and other institutional investors.

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Gold Fields Stock Performance

Shares of GFI traded down $0.11 during mid-day trading on Thursday, hitting $19.33. 2,049,812 shares of the company traded hands, compared to its average volume of 2,960,361. The stock has a market cap of $17.30 billion, a price-to-earnings ratio of 8.23, a P/E/G ratio of 0.30 and a beta of 1.14. The stock has a 50-day moving average price of $16.74 and a two-hundred day moving average price of $15.68. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $19.80.

Gold Fields Increases Dividend

The company also recently declared a semi-annual dividend, which will be paid on Thursday, March 27th. Stockholders of record on Friday, March 14th will be issued a dividend of $0.3752 per share. This represents a dividend yield of 1.6%. This is a boost from Gold Fields's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend is Friday, March 14th. Gold Fields's dividend payout ratio is presently 11.49%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Gold Fields from $17.10 to $18.80 and gave the company a "neutral" rating in a research note on Wednesday, January 15th. 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 report on Tuesday, February 25th. Finally, StockNews.com upgraded shares of Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Friday, February 21st. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, Gold Fields presently has a consensus rating of "Moderate Buy" and a consensus price target of $17.20.

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.