GAMMA Investing LLC Has $1.83 Million Stock Holdings in Gold Fields Limited (NYSE:GFI)

GAMMA Investing LLC lifted its position in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 2,572.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 82,661 shares of the company's stock after purchasing an additional 79,568 shares during the quarter. GAMMA Investing LLC's holdings in Gold Fields were worth $1,826,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. DJE Kapital AG acquired a new stake in shares of Gold Fields during the fourth quarter worth $33,486,000. Marshall Wace LLP raised its holdings in shares of Gold Fields by 1,594.7% during the fourth quarter. Marshall Wace LLP now owns 2,114,631 shares of the company's stock worth $27,913,000 after acquiring an additional 1,989,849 shares during the period. Man Group plc raised its holdings in shares of Gold Fields by 119.9% during the fourth quarter. Man Group plc now owns 1,417,329 shares of the company's stock worth $18,709,000 after acquiring an additional 772,928 shares during the period. Silvercrest Asset Management Group LLC acquired a new stake in shares of Gold Fields during the fourth quarter worth $9,033,000. Finally, PKO Investment Management Joint Stock Co acquired a new stake in shares of Gold Fields during the fourth quarter worth $5,346,000. 24.81% of the stock is owned by institutional investors.

Gold Fields Stock Up 0.2%

GFI stock traded up $0.06 during midday trading on Wednesday, hitting $24.35. The company's stock had a trading volume of 1,977,523 shares, compared to its average volume of 2,832,726. 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 company's fifty day moving average price is $23.09 and its 200 day moving average price is $19.39. The stock has a market capitalization of $21.79 billion, a P/E ratio of 10.36, a PEG ratio of 0.28 and a beta of 0.55.

Wall Street Analyst Weigh In

A number of brokerages recently commented on GFI. Hsbc Global Res upgraded shares of Gold Fields to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen lowered shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Scotiabank raised their price objective on shares of Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Finally, HSBC reiterated a "hold" rating and issued a $21.00 price target on shares of Gold Fields in a research note on Thursday, April 17th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $18.56.

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.