Gold Fields Limited $GFI Stock Holdings Boosted by B. Metzler seel. Sohn & Co. AG

Key Points

• B. Metzler seel. Sohn & Co. AG increased its stake in Gold Fields by 46.7%, buying 24,096 shares to hold 75,712 shares valued at about $3.18 million per the latest SEC filing.
• Other institutional investors also added positions, leaving institutions with 24.81% ownership of the company.
• Analyst coverage is mixed: the consensus rating is Hold with an average price target of $44, though several recent upgrades and higher targets (e.g., Scotiabank’s $61) show divergent views.

B. Metzler seel. Sohn & Co. AG grew its position in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 46.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 75,712 shares of the company's stock after purchasing an additional 24,096 shares during the quarter. B. Metzler seel. Sohn & Co. AG's holdings in Gold Fields were worth $3,177,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Parallel Advisors LLC boosted its stake in Gold Fields by 6.0% during the third quarter. Parallel Advisors LLC now owns 7,452 shares of the company's stock valued at $313,000 after buying an additional 421 shares in the last quarter. Natixis Advisors LLC bought a new stake in Gold Fields in the third quarter worth about $654,000. Grantham Mayo Van Otterloo & Co. LLC raised its position in Gold Fields by 262.4% in the third quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 64,500 shares of the company's stock worth $2,706,000 after acquiring an additional 46,700 shares in the last quarter. Blair William & Co. IL acquired a new stake in Gold Fields in the 3rd quarter valued at about $224,000. Finally, Ramirez Asset Management Inc. lifted its holdings in Gold Fields by 8.0% in the 3rd quarter. Ramirez Asset Management Inc. now owns 61,557 shares of the company's stock valued at $2,583,000 after acquiring an additional 4,545 shares during the last quarter. Institutional investors own 24.81% of the company's stock.

Wall Street Analysts Forecast Growth

GFI has been the topic of several recent research reports. Royal Bank Of Canada lowered their price objective on shares of Gold Fields to $45.00 and set an "outperform" rating on the stock in a research note on Monday, November 24th. Zacks Research raised shares of Gold Fields from a "hold" rating to a "strong-buy" rating in a research note on Monday, February 2nd. Wall Street Zen upgraded shares of Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Saturday, February 21st. Scotiabank upped their price target on Gold Fields from $47.00 to $61.00 and gave the company a "sector perform" rating in a report on Monday, January 26th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of Gold Fields in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average price target of $44.00.

Gold Fields Trading Up 3.7%

NYSE GFI opened at $52.29 on Tuesday. The firm's 50 day moving average price is $51.87 and its two-hundred day moving average price is $44.38. Gold Fields Limited has a twelve month low of $19.35 and a twelve month high of $61.64.

About Gold Fields

Gold Fields NYSE: GFI is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company's core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.

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