Deutsche Bank AG Has $28.71 Million Holdings in Gold Fields Limited (NYSE:GFI)

Deutsche Bank AG trimmed its holdings in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 26.4% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,175,084 shares of the company's stock after selling 781,065 shares during the period. Deutsche Bank AG owned 0.24% of Gold Fields worth $28,711,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. DJE Kapital AG bought a new stake in shares of Gold Fields during the fourth quarter worth $33,486,000. Marshall Wace LLP lifted its position in Gold Fields by 1,594.7% during the 4th quarter. Marshall Wace LLP now owns 2,114,631 shares of the company's stock worth $27,913,000 after buying an additional 1,989,849 shares in the last quarter. Bridgewater Associates LP grew its holdings in Gold Fields by 97.1% during the 4th quarter. Bridgewater Associates LP now owns 815,113 shares of the company's stock worth $10,759,000 after acquiring an additional 401,567 shares during the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in Gold Fields during the 4th quarter worth about $4,979,000. Finally, Capital Fund Management S.A. acquired a new stake in Gold Fields in the 4th quarter valued at about $4,619,000. 24.81% of the stock is owned by institutional investors and hedge funds.

Gold Fields Price Performance

Shares of NYSE GFI opened at $20.17 on Wednesday. Gold Fields Limited has a fifty-two week low of $12.98 and a fifty-two week high of $25.52. The firm has a market capitalization of $18.05 billion, a P/E ratio of 8.58, a P/E/G ratio of 0.30 and a beta of 0.57. The company's 50 day simple moving average is $21.87 and its 200 day simple moving average is $17.95.

Gold Fields Increases Dividend

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

Analysts Set New Price Targets

GFI has been the topic of a number of research reports. HSBC reiterated a "hold" rating and set a $21.00 target price on shares of Gold Fields in a research report on Thursday, April 17th. JPMorgan Chase & Co. boosted their price objective on shares of Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a research report on Wednesday, January 15th. Hsbc Global Res raised Gold Fields to a "hold" rating in a report on Thursday, April 17th. StockNews.com cut Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Wednesday, May 7th. Finally, Scotiabank boosted their target price on Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Gold Fields currently has a consensus rating of "Hold" and a consensus target price 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.

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