Gold Fields Limited (NYSE:GFI - Get Free Report) has been given an average recommendation of "Hold" by the five research firms that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $17.20.
GFI has been the topic of a number of research reports. StockNews.com raised Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Thursday. JPMorgan Chase & Co. lifted their price target on shares of Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a research note on Wednesday, January 15th. Finally, Scotiabank boosted their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the stock a "sector perform" rating in a report on Tuesday, February 25th.
Check Out Our Latest Analysis on Gold Fields
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. FCA Corp TX bought a new stake in Gold Fields in the 4th quarter worth $108,000. Net Worth Advisory Group bought a new stake in shares of Gold Fields in the fourth quarter worth about $136,000. Signaturefd LLC increased its holdings in Gold Fields by 19.1% during the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company's stock valued at $136,000 after purchasing an additional 1,656 shares during the period. Public Employees Retirement System of Ohio bought a new position in Gold Fields during the 4th quarter valued at approximately $139,000. Finally, Sequoia Financial Advisors LLC purchased a new stake in Gold Fields in the fourth quarter worth $141,000. 24.81% of the stock is owned by hedge funds and other institutional investors.
Gold Fields Stock Up 4.7 %
NYSE:GFI traded up $1.09 during midday trading on Wednesday, hitting $24.49. The company had a trading volume of 6,418,814 shares, compared to its average volume of 3,618,277. The stock's fifty day moving average price is $20.23 and its 200-day moving average price is $17.01. Gold Fields has a 52-week low of $12.98 and a 52-week high of $25.01. The company has a market capitalization of $21.92 billion, a PE ratio of 10.42, a P/E/G ratio of 0.30 and a beta of 0.92.
Gold Fields Increases Dividend
The business also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were paid a dividend of $0.3752 per share. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, March 14th. This is a positive change from Gold Fields's previous semi-annual dividend of $0.17. Gold Fields's dividend payout ratio is 25.96%.
Gold Fields Company Profile
(
Get Free ReportGold 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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