Gold Fields Limited (NYSE:GFI - Get Free Report)'s stock price hit a new 52-week high during trading on Thursday . The stock traded as high as $19.75 and last traded at $19.57, with a volume of 1266351 shares changing hands. The stock had previously closed at $18.85.
Analyst Ratings Changes
Several analysts recently issued reports on GFI shares. JPMorgan Chase & Co. increased their price target on shares of Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a research report on Wednesday, January 15th. StockNews.com upgraded Gold Fields from a "buy" rating to a "strong-buy" rating in a research note on Friday. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $16.45.
Check Out Our Latest Stock Report on Gold Fields
Gold Fields Trading Down 2.8 %
The stock's 50-day moving average is $15.83 and its 200-day moving average is $15.50.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. ABC Arbitrage SA bought a new stake in Gold Fields during the 4th quarter worth $1,641,000. Bank of Montreal Can grew its holdings in shares of Gold Fields by 36.9% during the third quarter. Bank of Montreal Can now owns 263,575 shares of the company's stock worth $4,280,000 after purchasing an additional 71,094 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Gold Fields during the third quarter worth about $1,052,000. Massachusetts Financial Services Co. MA increased its stake in shares of Gold Fields by 10.4% in the third quarter. Massachusetts Financial Services Co. MA now owns 6,155,835 shares of the company's stock valued at $94,492,000 after buying an additional 580,546 shares during the period. Finally, International Assets Investment Management LLC bought a new position in Gold Fields in the 3rd quarter valued at approximately $10,600,000. 24.81% of the stock is currently owned by institutional investors and hedge funds.
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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