WINTON GROUP Ltd purchased a new stake in Gold Fields Limited (NYSE:GFI – Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 13,100 shares of the company’s stock, valued at approximately $440,000.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in GFI. V Square Quantitative Management LLC purchased a new stake in Gold Fields during the 1st quarter valued at $25,000. Allworth Financial LP increased its position in Gold Fields by 11.8% during the second quarter. Allworth Financial LP now owns 2,631 shares of the company’s stock valued at $88,000 after acquiring an additional 277 shares during the last quarter. Rockefeller Capital Management L.P. raised its stake in shares of Gold Fields by 1,604.1% in the fourth quarter. Rockefeller Capital Management L.P. now owns 2,096 shares of the company’s stock valued at $92,000 after acquiring an additional 1,973 shares during the period. Strategic Investment Advisors MI bought a new stake in shares of Gold Fields in the 1st quarter worth about $118,000. Finally, Banque Cantonale Vaudoise purchased a new position in shares of Gold Fields during the 1st quarter worth about $121,000. Hedge funds and other institutional investors own 24.81% of the company’s stock.
Gold Fields Trading Down 0.4%
Shares of NYSE:GFI opened at $42.95 on Wednesday. Gold Fields Limited has a 52-week low of $31.11 and a 52-week high of $61.64. The business’s 50 day moving average is $39.68 and its 200 day moving average is $41.68. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.87 and a quick ratio of 1.33.
Gold Fields Announces Dividend
Analyst Upgrades and Downgrades
A number of analysts recently weighed in on GFI shares. Zacks Research lowered shares of Gold Fields from a “hold” rating to a “strong sell” rating in a research report on Tuesday, July 21st. Scotiabank decreased their price target on Gold Fields from $60.00 to $52.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 14th. Weiss Ratings restated a “buy (b-)” rating on shares of Gold Fields in a report on Monday, August 31st. Wall Street Zen lowered Gold Fields from a “buy” rating to a “hold” rating in a research note on Saturday, August 29th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Gold Fields from $75.00 to $55.00 and set an “overweight” rating for the company in a research note on Thursday, July 16th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Gold Fields has a consensus rating of “Hold” and an average price target of $54.05.
Get Our Latest Research Report on Gold Fields
About Gold Fields
Gold Fields Limited is a global gold producer headquartered in Johannesburg, South Africa. The company explores for, develops and operates gold mines, producing doré and other gold-bearing products for refining and sale. Its portfolio also includes limited by-product production, such as copper and silver, at certain operations.
Gold Fields operates mines and development projects across Africa, Australia and the Americas. Its assets include the South Deep mine in South Africa; Tarkwa and the Damang complex in Ghana; St Ives, Agnew and Granny Smith in Western Australia; Cerro Corona in Peru; and Salares Norte in Chile.
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