Gold Fields Limited (NYSE:GFI) Shares Bought by Bamco Inc. NY

Bamco Inc. NY grew its holdings in Gold Fields Limited (NYSE:GFI - Free Report) by 4.8% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,018,817 shares of the company's stock after buying an additional 92,571 shares during the quarter. Bamco Inc. NY owned 0.23% of Gold Fields worth $30,989,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Van ECK Associates Corp increased its stake in 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 buying an additional 1,549,372 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Gold Fields in the third quarter worth approximately $9,911,000. Mackenzie Financial Corp increased its position in shares of Gold Fields by 28.7% during the second quarter. Mackenzie Financial Corp now owns 2,609,289 shares of the company's stock worth $38,878,000 after purchasing an additional 581,730 shares in the last quarter. Massachusetts Financial Services Co. MA raised its stake in Gold Fields by 10.4% in the 3rd 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. Finally, Allspring Global Investments Holdings LLC lifted its holdings in Gold Fields by 66.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 1,385,210 shares of the company's stock valued at $21,263,000 after purchasing an additional 551,210 shares in the last quarter. 26.02% of the stock is owned by institutional investors and hedge funds.

Gold Fields Price Performance

Gold Fields stock traded up $0.34 during mid-day trading on Tuesday, reaching $14.47. 805,825 shares of the company's stock were exchanged, compared to its average volume of 3,602,714. Gold Fields Limited has a twelve month low of $12.19 and a twelve month high of $18.97. The company has a fifty day moving average of $15.78 and a 200-day moving average of $15.53.

Wall Street Analyst Weigh In

GFI has been the subject of a number of research reports. Investec raised shares of Gold Fields from a "hold" rating to a "buy" rating in a report on Friday, October 18th. Scotiabank cut their price target on Gold Fields from $18.00 to $17.00 and set a "sector perform" rating for the company in a report on Monday, August 26th. Bank of America assumed coverage on Gold Fields in a research note on Monday, September 16th. They set a "buy" rating and a $16.00 price objective on the stock. Finally, StockNews.com cut shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Tuesday, November 5th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $15.93.

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.