Gold Fields Limited (NYSE:GFI - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $20.01 and last traded at $20.01, with a volume of 347110 shares. The stock had previously closed at $19.32.
Wall Street Analyst Weigh In
GFI has been the topic of a number of research reports. JPMorgan Chase & Co. raised their price target on Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a report on Wednesday, January 15th. Scotiabank raised their price target on Gold Fields from $18.00 to $20.00 and gave the stock a "sector perform" rating in a report on Tuesday, February 25th. Finally, StockNews.com lowered Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Thursday. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, Gold Fields has a consensus rating of "Hold" and an average target price of $17.20.
View Our Latest Stock Report on Gold Fields
Gold Fields Trading Up 4.8 %
The stock has a fifty day simple moving average of $16.99 and a two-hundred day simple moving average of $15.72. The company has a market cap of $18.12 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.30 and a beta of 1.14.
Gold Fields Increases Dividend
The firm also recently disclosed a semi-annual dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued a $0.3752 dividend. This represents a yield of 1.6%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Gold Fields's previous semi-annual dividend of $0.17. Gold Fields's payout ratio is currently 11.49%.
Institutional Investors Weigh In On Gold Fields
Institutional investors have recently added to or reduced their stakes in the business. FCA Corp TX purchased a new stake in shares of Gold Fields during the 4th quarter worth approximately $108,000. Net Worth Advisory Group purchased a new stake in shares of Gold Fields during the 4th quarter worth approximately $136,000. Signaturefd LLC boosted its stake in shares of Gold Fields by 19.1% during the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company's stock worth $136,000 after acquiring an additional 1,656 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Gold Fields during the 4th quarter worth approximately $139,000. Finally, Sequoia Financial Advisors LLC purchased a new stake in shares of Gold Fields during the 4th quarter worth approximately $141,000. Hedge funds and other institutional investors own 24.81% of the company's stock.
Gold Fields Company Profile
(
Get 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.
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