D.A. Davidson & CO. Acquires 17,053 Shares of Gold Fields Limited (NYSE:GFI)

D.A. Davidson & CO. increased its holdings in Gold Fields Limited (NYSE:GFI - Free Report) by 52.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,449 shares of the company's stock after purchasing an additional 17,053 shares during the quarter. D.A. Davidson & CO.'s holdings in Gold Fields were worth $1,092,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of GFI. HighTower Advisors LLC increased its stake in shares of Gold Fields by 0.5% during the fourth quarter. HighTower Advisors LLC now owns 105,174 shares of the company's stock valued at $1,388,000 after buying an additional 573 shares during the period. GAMMA Investing LLC boosted its stake in shares of Gold Fields by 21.0% during 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 in the last quarter. Parallel Advisors LLC increased its position in shares of Gold Fields by 24.1% during the first quarter. Parallel Advisors LLC now owns 6,695 shares of the company's stock valued at $148,000 after buying an additional 1,298 shares during the period. Edmond DE Rothschild Holding S.A. raised its stake in Gold Fields by 3.4% in the fourth quarter. Edmond DE Rothschild Holding S.A. now owns 48,365 shares of the company's stock worth $638,000 after buying an additional 1,583 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in Gold Fields by 67.1% in the first quarter. Blue Trust Inc. now owns 4,053 shares of the company's stock worth $90,000 after buying an additional 1,627 shares during the period. Institutional investors own 24.81% of the company's stock.

Analyst Ratings Changes

A number of research analysts have recently commented on GFI shares. HSBC restated a "hold" rating and issued a $21.00 target price on shares of Gold Fields in a research note on Thursday, April 17th. Scotiabank lifted 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. Wall Street Zen cut 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 Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, Gold Fields currently has an average rating of "Hold" and a consensus price target of $19.70.

Gold Fields Stock Performance

GFI stock traded up $0.20 during midday trading on Friday, reaching $24.14. 2,691,563 shares of the company's stock traded hands, compared to its average volume of 2,569,912. The company has a current ratio of 1.14, a quick ratio of 0.73 and a debt-to-equity ratio of 0.40. Gold Fields Limited has a 52-week low of $12.98 and a 52-week high of $26.36. The stock has a market cap of $21.61 billion, a P/E ratio of 10.27, a PEG ratio of 0.26 and a beta of 0.54. The stock's 50-day moving average is $23.42 and its 200 day moving average is $20.55.

Gold Fields Company 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.