OLD Mission Capital LLC Makes New Investment in Gold Fields Limited (NYSE:GFI)

OLD Mission Capital LLC purchased a new position in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 56,867 shares of the company's stock, valued at approximately $751,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. B. Metzler seel. Sohn & Co. AG grew its stake in Gold Fields by 43.0% in the fourth quarter. B. Metzler seel. Sohn & Co. AG now owns 19,497 shares of the company's stock worth $257,000 after purchasing an additional 5,861 shares in the last quarter. Edmond DE Rothschild Holding S.A. lifted its stake in Gold Fields by 3.4% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 48,365 shares of the company's stock worth $638,000 after acquiring an additional 1,583 shares during the period. Wellington Management Group LLP purchased a new position in Gold Fields during the 4th quarter valued at about $2,886,000. O Shaughnessy Asset Management LLC lifted its position in shares of Gold Fields by 6.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 91,347 shares of the company's stock worth $1,206,000 after purchasing an additional 5,729 shares during the period. Finally, Schroder Investment Management Group lifted its position in shares of Gold Fields by 11.3% in the 4th quarter. Schroder Investment Management Group now owns 2,164,906 shares of the company's stock worth $28,490,000 after purchasing an additional 219,254 shares during the period. Hedge funds and other institutional investors own 24.81% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on GFI shares. Scotiabank upped their target price on Gold Fields from $18.00 to $20.00 and gave the stock a "sector perform" rating in a report on Tuesday, February 25th. StockNews.com upgraded Gold Fields from a "buy" rating to a "strong-buy" rating in a research note on Thursday. Finally, JPMorgan Chase & Co. lifted their target price on Gold Fields from $17.10 to $18.80 and gave the company a "neutral" rating in a research note on Wednesday, January 15th. Four investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $17.20.

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Gold Fields Trading Up 6.7 %

Shares of NYSE GFI traded up $1.45 during trading on Thursday, reaching $23.00. 3,318,251 shares of the company traded hands, compared to its average volume of 3,525,029. The stock has a market cap of $20.59 billion, a P/E ratio of 9.79, a PEG ratio of 0.30 and a beta of 0.92. The firm's fifty day simple moving average is $19.97 and its 200 day simple moving average is $16.89. Gold Fields Limited has a 12-month low of $12.98 and a 12-month high of $23.49.

Gold Fields Increases Dividend

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

About Gold Fields

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.