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

National Bank of Canada FI reduced its holdings in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 6.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 1,577,354 shares of the company's stock after selling 108,334 shares during the period. National Bank of Canada FI owned approximately 0.18% of Gold Fields worth $20,821,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of GFI. FCA Corp TX purchased a new position in shares of Gold Fields during the fourth quarter worth about $108,000. Net Worth Advisory Group acquired a new stake in Gold Fields during the 4th quarter worth approximately $136,000. Signaturefd LLC grew its stake in shares of Gold Fields by 19.1% in 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 last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of Gold Fields in the 4th quarter valued at approximately $141,000. Finally, US Bancorp DE increased its holdings in shares of Gold Fields by 18.9% in the fourth quarter. US Bancorp DE now owns 11,484 shares of the company's stock valued at $152,000 after purchasing an additional 1,829 shares during the period. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Gold Fields Stock Performance

NYSE:GFI traded up $1.51 during trading hours on Wednesday, hitting $21.55. The company's stock had a trading volume of 6,766,405 shares, compared to its average volume of 3,531,452. The company has a market capitalization of $19.29 billion, a PE ratio of 9.17, a PEG ratio of 0.30 and a beta of 0.92. Gold Fields Limited has a 52-week low of $12.98 and a 52-week high of $23.02. The business's 50-day moving average is $19.97 and its two-hundred day moving average is $16.89.

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Gold Fields Increases Dividend

The business also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were issued a dividend of $0.3752 per share. The ex-dividend date was Friday, March 14th. This represents a yield of 1.6%. This is an increase from Gold Fields's previous semi-annual dividend of $0.17. Gold Fields's payout ratio is currently 25.96%.

Wall Street Analysts Forecast Growth

GFI has been the subject of several recent research reports. JPMorgan Chase & Co. increased 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. StockNews.com upgraded shares of Gold Fields from a "buy" rating to a "strong-buy" rating in a research note on Sunday, March 30th. Finally, Scotiabank boosted their price target on shares of Gold Fields from $18.00 to $20.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, Gold Fields presently has an average rating of "Moderate Buy" and a consensus target price of $17.20.

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.