Barclays PLC Lowers Holdings in Gold Fields Limited (NYSE:GFI)

Barclays PLC reduced its position in Gold Fields Limited (NYSE:GFI - Free Report) by 15.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 137,426 shares of the company's stock after selling 25,548 shares during the quarter. Barclays PLC's holdings in Gold Fields were worth $1,814,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GFI. FCA Corp TX acquired a new stake in shares of Gold Fields during the fourth quarter valued at about $108,000. Net Worth Advisory Group acquired a new position in shares of Gold Fields in the 4th quarter valued at about $136,000. Signaturefd LLC boosted its holdings in shares of Gold Fields by 19.1% during the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company's stock worth $136,000 after buying an additional 1,656 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new stake in Gold Fields in the fourth quarter worth $141,000. Finally, US Bancorp DE increased its position in Gold Fields by 18.9% in the 4th quarter. US Bancorp DE now owns 11,484 shares of the company's stock valued at $152,000 after buying an additional 1,829 shares in the last quarter. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Gold Fields Stock Down 2.6 %

GFI traded down $0.59 on Thursday, hitting $22.38. The company's stock had a trading volume of 535,600 shares, compared to its average volume of 3,676,077. The company's 50 day simple moving average is $21.70 and its 200-day simple moving average is $17.87. Gold Fields Limited has a 12 month low of $12.98 and a 12 month high of $25.52. The firm has a market cap of $20.03 billion, a P/E ratio of 9.52, a price-to-earnings-growth ratio of 0.30 and a beta of 0.57.

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 paid a dividend of $0.3752 per share. This represents a dividend yield of 1.6%. This is a positive change from Gold Fields's previous semi-annual dividend of $0.17. The ex-dividend date of this dividend was Friday, March 14th. Gold Fields's payout ratio is presently 25.96%.

Analysts Set New Price Targets

Several analysts recently issued reports on GFI shares. HSBC reissued a "hold" rating and issued a $21.00 price target on shares of Gold Fields in a research report on Thursday, April 17th. JPMorgan Chase & Co. upped their target price on shares of Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a report on Wednesday, January 15th. Scotiabank raised their price target on shares of Gold Fields from $20.00 to $23.00 and gave the company a "sector perform" rating in a research report on Monday, April 14th. StockNews.com lowered Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Wednesday. Finally, Hsbc Global Res raised shares of Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $18.56.

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.