Robeco Institutional Asset Management B.V. Raises Stock Holdings in Gold Fields Limited (NYSE:GFI)

Robeco Institutional Asset Management B.V. boosted its holdings in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 78.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 585,963 shares of the company's stock after acquiring an additional 257,081 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.07% of Gold Fields worth $7,735,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Van ECK Associates Corp increased its holdings in Gold Fields by 3.3% in the third quarter. Van ECK Associates Corp now owns 48,505,911 shares of the company's stock valued at $744,566,000 after purchasing an additional 1,549,372 shares during the period. 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. Bamco Inc. NY increased its stake in shares of Gold Fields by 4.8% in the third quarter. Bamco Inc. NY now owns 2,018,817 shares of the company's stock valued at $30,989,000 after buying an additional 92,571 shares during the period. Allspring Global Investments Holdings LLC raised its position in shares of Gold Fields by 66.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,385,210 shares of the company's stock worth $21,263,000 after acquiring an additional 551,210 shares during the last quarter. Finally, State Street Corp lifted its stake in shares of Gold Fields by 2.2% in the third quarter. State Street Corp now owns 1,194,633 shares of the company's stock worth $18,338,000 after acquiring an additional 25,972 shares during the period. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on GFI. Investec upgraded shares of Gold Fields from a "hold" rating to a "buy" rating in a report on Friday, October 18th. StockNews.com downgraded shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Tuesday, November 5th. Finally, JPMorgan Chase & Co. upped their price target on shares of Gold Fields from $17.10 to $18.80 and gave the company a "neutral" rating in a research report on Wednesday, January 15th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $16.45.

Gold Fields Trading Down 1.8 %

GFI traded down $0.31 during midday trading on Friday, hitting $16.97. The company had a trading volume of 2,197,585 shares, compared to its average volume of 2,317,511. The stock's 50 day moving average price is $14.63 and its 200 day moving average price is $15.28. Gold Fields Limited has a 52 week low of $12.28 and a 52 week high of $18.97.

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.