43,200 Shares in Gold Fields Limited (NYSE:GFI) Bought by Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.

Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A. bought a new position in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 43,200 shares of the company's stock, valued at approximately $570,000. Gold Fields accounts for approximately 1.7% of Towarzystwo Funduszy Inwestycyjnych Allianz Polska S.A.'s holdings, making the stock its 11th biggest position.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. 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 valued at $27,913,000 after purchasing an additional 1,989,849 shares during the period. Man Group plc lifted its position in Gold Fields by 119.9% during the 4th quarter. Man Group plc now owns 1,417,329 shares of the company's stock valued at $18,709,000 after purchasing an additional 772,928 shares during the period. Silvercrest Asset Management Group LLC bought a new position in shares of Gold Fields in the 4th quarter valued at about $9,033,000. Finally, Bridgewater Associates LP grew its position in shares of 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 buying an additional 401,567 shares during the period. Institutional investors own 24.81% of the company's stock.

Gold Fields Price Performance

Shares of NYSE GFI traded up $0.43 during mid-day trading on Thursday, reaching $23.15. 1,847,920 shares of the company's stock traded hands, compared to its average volume of 3,647,125. Gold Fields Limited has a 1-year low of $12.98 and a 1-year high of $25.52. The stock has a market cap of $20.72 billion, a P/E ratio of 9.85, a PEG ratio of 0.30 and a beta of 0.57. The business has a 50-day simple moving average of $22.09 and a 200 day simple moving average of $18.35.

Gold Fields Increases Dividend

The business also recently disclosed 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 is an increase from Gold Fields's previous semi-annual dividend of $0.17. This represents a dividend yield of 1.6%. Gold Fields's dividend payout ratio is 25.96%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. HSBC restated a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a report on Thursday, April 17th. Scotiabank raised their price target 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. Wall Street Zen raised Gold Fields from a "buy" rating to a "strong-buy" rating in a research note on Thursday, May 22nd. Finally, Hsbc Global Res upgraded Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Five research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average 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.