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

Massachusetts Financial Services Co. MA grew its holdings in Gold Fields Limited (NYSE:GFI - Free Report) by 1.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,507,327 shares of the company's stock after acquiring an additional 45,171 shares during the period. Massachusetts Financial Services Co. MA owned about 0.50% of Gold Fields worth $99,567,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Marshall Wace LLP grew its position in Gold Fields by 1,594.7% during the fourth quarter. Marshall Wace LLP now owns 2,114,631 shares of the company's stock valued at $27,913,000 after buying an additional 1,989,849 shares during the period. Robeco Institutional Asset Management B.V. lifted its holdings in 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 valued at $32,832,000 after purchasing an additional 900,317 shares in the last quarter. Man Group plc lifted its holdings in Gold Fields by 119.9% during the fourth quarter. Man Group plc now owns 1,417,329 shares of the company's stock valued at $18,709,000 after purchasing an additional 772,928 shares in the last quarter. Silvercrest Asset Management Group LLC purchased a new position in Gold Fields during the fourth quarter valued at $9,033,000. Finally, PKO Investment Management Joint Stock Co purchased a new position in Gold Fields during the fourth quarter valued at $5,346,000. 24.81% of the stock is owned by hedge funds and other institutional investors.

Gold Fields Trading Up 0.8%

GFI stock traded up $0.20 during trading on Friday, reaching $24.18. 2,483,255 shares of the stock were exchanged, compared to its average volume of 2,684,324. The company has a current ratio of 1.14, a quick ratio of 0.73 and a debt-to-equity ratio of 0.40. The business has a 50 day moving average price of $23.55 and a 200-day moving average price of $20.98. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $26.36. The firm 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.

Analysts Set New Price Targets

Several equities analysts have issued reports on the stock. Wall Street Zen downgraded shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Hsbc Global Res raised shares of Gold Fields to a "hold" rating in a report on Thursday, April 17th. Scotiabank increased their price objective on shares of Gold Fields from $20.00 to $23.00 and gave the company a "sector perform" rating in a report on Monday, April 14th. Finally, HSBC reaffirmed a "hold" rating and set a $21.00 price objective on shares of Gold Fields in a report on Thursday, April 17th. Four equities 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.com, the stock presently has an average rating of "Hold" and a consensus target price of $19.70.

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.