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

CWA Asset Management Group LLC lifted its stake in Gold Fields Limited (NYSE:GFI - Free Report) by 21.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 quarter.

Other institutional investors have also recently bought and sold shares of the company. GAMMA Investing LLC boosted its holdings in Gold Fields by 21.0% in the first quarter. GAMMA Investing LLC now owns 3,742 shares of the company's stock valued at $83,000 after acquiring an additional 649 shares during the last quarter. FCA Corp TX acquired a new stake in shares of Gold Fields during the fourth quarter worth $108,000. Net Worth Advisory Group acquired a new position in shares of Gold Fields during the 4th quarter worth about $136,000. Signaturefd LLC increased its stake in Gold Fields by 19.1% in the fourth quarter. Signaturefd LLC now owns 10,304 shares of the company's stock valued at $136,000 after purchasing an additional 1,656 shares in the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Gold Fields in the 4th quarter valued at $139,000. Institutional investors own 24.81% of the company's stock.

Gold Fields Stock Up 0.4%

GFI stock traded up $0.10 during midday trading on Friday, hitting $24.42. The company's stock had a trading volume of 951,998 shares, compared to its average volume of 3,558,783. The company's fifty day moving average price is $23.11 and its 200 day moving average price is $19.46. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.14 and a quick ratio of 0.73. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $26.36. The stock has a market capitalization of $21.86 billion, a P/E ratio of 10.39, a PEG ratio of 0.28 and a beta of 0.55.

Analysts Set New Price Targets

Several analysts recently commented on the company. Hsbc Global Res raised Gold Fields to a "hold" rating in a research note on Thursday, April 17th. Scotiabank lifted their price objective on 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 set a $21.00 target price on shares of Gold Fields in a research note on Thursday, April 17th. Finally, Wall Street Zen cut shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price 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.