CWA Asset Management Group LLC Acquires 16,359 Shares of Gold Fields Limited (NYSE:GFI)

CWA Asset Management Group LLC raised its position in Gold Fields Limited (NYSE:GFI - Free Report) by 21.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 94,184 shares of the company's stock after purchasing an additional 16,359 shares during the period. CWA Asset Management Group LLC's holdings in Gold Fields were worth $2,081,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. QRG Capital Management Inc. boosted its holdings in Gold Fields by 52.3% in the 1st quarter. QRG Capital Management Inc. now owns 15,377 shares of the company's stock valued at $340,000 after purchasing an additional 5,279 shares during the period. Janney Montgomery Scott LLC bought a new position in Gold Fields in the 1st quarter valued at $203,000. Assenagon Asset Management S.A. bought a new position in Gold Fields in the 1st quarter valued at $2,914,000. SG Americas Securities LLC boosted its holdings in Gold Fields by 105.7% in the 1st quarter. SG Americas Securities LLC now owns 180,956 shares of the company's stock valued at $3,997,000 after purchasing an additional 92,966 shares during the period. Finally, GAMMA Investing LLC boosted its holdings in Gold Fields by 21.0% in the 1st quarter. GAMMA Investing LLC now owns 3,742 shares of the company's stock valued at $83,000 after purchasing an additional 649 shares during the period. 24.81% of the stock is owned by institutional investors.

Gold Fields Price Performance

Shares of NYSE GFI traded up $0.02 during mid-day trading on Friday, reaching $24.34. 5,242,918 shares of the company were exchanged, compared to its average volume of 2,682,695. Gold Fields Limited has a 52 week low of $12.98 and a 52 week high of $26.36. The company has a quick ratio of 0.73, a current ratio of 1.14 and a debt-to-equity ratio of 0.40. The stock has a market capitalization of $21.78 billion, a PE ratio of 10.36, a PEG ratio of 0.28 and a beta of 0.55. The company's 50 day moving average price is $23.10 and its 200 day moving average price is $19.56.

Wall Street Analyst Weigh In

Several research analysts have commented on GFI shares. 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 report on Monday, April 14th. HSBC reissued a "hold" rating and issued a $21.00 price target on shares of Gold Fields in a report on Thursday, April 17th. Wall Street Zen downgraded shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Finally, Hsbc Global Res raised shares of Gold Fields to a "hold" rating in a report on Thursday, April 17th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, Gold Fields has a consensus rating of "Hold" and a consensus price target of $18.56.

Gold Fields 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.