Gold Fields Limited (NYSE:GFI) Shares Sold by National Bank of Canada FI

National Bank of Canada FI decreased its position in Gold Fields Limited (NYSE:GFI - Free Report) by 4.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,685,688 shares of the company's stock after selling 75,101 shares during the quarter. National Bank of Canada FI owned 0.19% of Gold Fields worth $25,875,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Blue Trust Inc. boosted its stake in shares of Gold Fields by 5.6% in the second quarter. Blue Trust Inc. now owns 54,657 shares of the company's stock valued at $868,000 after purchasing an additional 2,916 shares during the period. Hennion & Walsh Asset Management Inc. grew its stake in shares of Gold Fields by 10.4% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 11,538 shares of the company's stock worth $172,000 after acquiring an additional 1,090 shares in the last quarter. TrueMark Investments LLC purchased a new stake in shares of Gold Fields during the second quarter worth $417,000. Concurrent Investment Advisors LLC acquired a new stake in shares of Gold Fields in the second quarter valued at $153,000. Finally, Ritholtz Wealth Management grew its stake in Gold Fields by 14.5% during the 2nd quarter. Ritholtz Wealth Management now owns 37,935 shares of the company's stock worth $565,000 after purchasing an additional 4,800 shares in the last quarter. 26.02% of the stock is currently owned by institutional investors and hedge funds.

Gold Fields Price Performance

NYSE:GFI traded up $0.18 during midday trading on Tuesday, hitting $14.58. 1,663,255 shares of the company were exchanged, compared to its average volume of 3,578,821. Gold Fields Limited has a fifty-two week low of $12.19 and a fifty-two week high of $18.97. The company has a fifty day simple moving average of $15.59 and a 200 day simple moving average of $15.45.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on GFI. Investec raised Gold Fields from a "hold" rating to a "buy" rating in a research report on Friday, October 18th. Bank of America assumed coverage on shares of Gold Fields in a research note on Monday, September 16th. They issued a "buy" rating and a $16.00 price target for the company. Scotiabank dropped their price objective on shares of Gold Fields from $18.00 to $17.00 and set a "sector perform" rating on the stock in a research report on Monday, August 26th. JPMorgan Chase & Co. decreased their price objective on shares of Gold Fields from $18.00 to $17.10 and set a "neutral" rating for the company in a research report on Friday. Finally, StockNews.com lowered Gold Fields from a "strong-buy" rating to a "buy" rating in a 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. Based on data from MarketBeat.com, Gold Fields has a consensus rating of "Hold" and a consensus target price of $16.03.

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.