Fox Run Management L.L.C. Purchases Shares of 42,799 Gold Fields Limited $GFI

Key Points

• Fox Run Management L.L.C. acquired a new stake in Gold Fields Limited (NYSE:GFI), purchasing 42,799 shares valued at approximately $945,000 in the first quarter.
• Several other institutional investors have also increased their holdings in Gold Fields, with 24.81% of the stock now owned by institutional investors and hedge funds.
• The stock price of Gold Fields has seen significant fluctuations, with a 12-month low of $12.98 and a high of $31.77, and currently trades around $30.02.

Fox Run Management L.L.C. acquired a new position in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 42,799 shares of the company's stock, valued at approximately $945,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Richardson Financial Services Inc. acquired a new position in Gold Fields during the first quarter worth $26,000. Banque Cantonale Vaudoise acquired a new position in Gold Fields during the first quarter worth $44,000. GAMMA Investing LLC raised its holdings in Gold Fields by 21.0% during the first quarter. GAMMA Investing LLC now owns 3,742 shares of the company's stock worth $83,000 after purchasing an additional 649 shares during the last quarter. Blue Trust Inc. raised its holdings in Gold Fields by 67.1% during the first quarter. Blue Trust Inc. now owns 4,053 shares of the company's stock worth $90,000 after purchasing an additional 1,627 shares during the last quarter. Finally, Public Employees Retirement System of Ohio acquired a new position in Gold Fields during the fourth quarter worth $139,000. 24.81% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GFI has been the subject of several research reports. Wall Street Zen cut Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Saturday. Canaccord Genuity Group assumed coverage on Gold Fields in a report on Monday, July 28th. They set a "buy" rating and a $33.00 price objective for the company. Three research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat.com, Gold Fields currently has an average rating of "Hold" and an average target price of $22.36.

Gold Fields Trading Up 1.0%

Gold Fields stock traded up $0.30 during trading on Wednesday, hitting $29.61. The company's stock had a trading volume of 2,079,370 shares, compared to its average volume of 3,387,191. The stock has a market capitalization of $26.50 billion, a price-to-earnings ratio of 12.60, a P/E/G ratio of 0.32 and a beta of 0.42. The stock's fifty day moving average is $25.83 and its 200 day moving average is $22.89. Gold Fields Limited has a 1-year low of $12.98 and a 1-year high of $31.77. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.73 and a current ratio of 1.14.

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.