BNP Paribas Financial Markets Grows Stock Position in Gold Fields Limited (NYSE:GFI)

BNP Paribas Financial Markets grew its position in Gold Fields Limited (NYSE:GFI - Free Report) by 76.7% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 91,407 shares of the company's stock after acquiring an additional 39,669 shares during the quarter. BNP Paribas Financial Markets' holdings in Gold Fields were worth $1,207,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also added to or reduced their stakes in the company. Franklin Resources Inc. increased its position in shares of Gold Fields by 70.0% during the 3rd quarter. Franklin Resources Inc. now owns 37,129 shares of the company's stock valued at $579,000 after purchasing an additional 15,289 shares during the last quarter. Atomi Financial Group Inc. lifted its holdings in shares of Gold Fields by 10.5% in the 4th quarter. Atomi Financial Group Inc. now owns 21,153 shares of the company's stock worth $279,000 after buying an additional 2,014 shares during the period. SG Americas Securities LLC lifted its holdings in shares of Gold Fields by 42.3% in the 4th quarter. SG Americas Securities LLC now owns 87,990 shares of the company's stock worth $1,161,000 after buying an additional 26,143 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in shares of Gold Fields by 78.2% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 585,963 shares of the company's stock worth $7,735,000 after buying an additional 257,081 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of Gold Fields by 8.8% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 1,507,457 shares of the company's stock worth $21,194,000 after purchasing an additional 122,247 shares during the last quarter. Institutional investors own 24.81% of the company's stock.

Analyst Ratings Changes

GFI has been the subject of a number of analyst reports. Scotiabank upped their price objective on Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a research note on Monday, April 14th. HSBC reissued a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a report on Thursday, April 17th. Hsbc Global Res raised Gold Fields to a "hold" rating in a report on Thursday, April 17th. Finally, Wall Street Zen raised Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Thursday. Five equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $18.56.

Gold Fields Trading Up 0.1%

GFI traded up $0.02 during trading on Thursday, hitting $22.04. The company's stock had a trading volume of 2,291,774 shares, compared to its average volume of 3,693,538. The firm has a market capitalization of $19.73 billion, a price-to-earnings ratio of 9.38, a P/E/G ratio of 0.30 and a beta of 0.57. The business's fifty day simple moving average is $21.97 and its 200 day simple moving average is $18.12. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $25.52.

Gold Fields Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a $0.3752 dividend. This represents a dividend yield of 1.6%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Gold Fields's previous semi-annual dividend of $0.17. Gold Fields's dividend payout ratio (DPR) is 25.96%.

About Gold Fields

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.