Gold Fields Limited (NYSE:GFI) Shares Acquired by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA grew its holdings in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 1.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,507,327 shares of the company's stock after purchasing an additional 45,171 shares during the period. Massachusetts Financial Services Co. MA owned about 0.50% of Gold Fields worth $99,567,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. American Century Companies Inc. increased its stake in Gold Fields by 6.4% during the fourth quarter. American Century Companies Inc. now owns 2,976,004 shares of the company's stock worth $39,283,000 after purchasing an additional 178,973 shares during the period. Schroder Investment Management Group increased its stake in Gold Fields by 11.3% during the fourth quarter. Schroder Investment Management Group now owns 2,164,906 shares of the company's stock worth $28,490,000 after purchasing an additional 219,254 shares during the period. Marshall Wace LLP grew its position 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 buying an additional 1,989,849 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its position in shares of Gold Fields by 153.6% during the first quarter. Robeco Institutional Asset Management B.V. now owns 1,486,280 shares of the company's stock worth $32,832,000 after buying an additional 900,317 shares in the last quarter. Finally, Man Group plc grew its position 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 buying an additional 772,928 shares in the last quarter. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Gold Fields Stock Up 0.8%

GFI traded up $0.20 on Friday, reaching $24.18. The company's stock had a trading volume of 2,483,249 shares, compared to its average volume of 3,467,361. The stock has a 50 day moving average of $23.52 and a two-hundred day moving average of $20.85. The company has a quick ratio of 0.73, a current ratio of 1.14 and a debt-to-equity ratio of 0.40. The company has a market capitalization of $21.64 billion, a price-to-earnings ratio of 10.29, a P/E/G ratio of 0.26 and a beta of 0.54. Gold Fields Limited has a fifty-two week low of $12.98 and a fifty-two week high of $26.36.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GFI. Hsbc Global Res raised Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Scotiabank boosted their price objective on Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. HSBC reissued a "hold" rating and set a $21.00 price objective on shares of Gold Fields in a research report on Thursday, April 17th. Finally, Wall Street Zen downgraded Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $19.70.

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.