Two Sigma Investments LP lifted its position in Gold Fields Limited (NYSE:GFI - Free Report) by 61.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 64,256 shares of the company's stock after buying an additional 24,365 shares during the period. Two Sigma Investments LP's holdings in Gold Fields were worth $848,000 as of its most recent SEC filing.
Other hedge funds have also added to or reduced their stakes in the company. FCA Corp TX bought a new stake in Gold Fields during the 4th quarter worth approximately $108,000. Net Worth Advisory Group acquired a new stake in shares of Gold Fields during the fourth quarter worth $136,000. Signaturefd LLC lifted its position in Gold Fields by 19.1% in the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company's stock valued at $136,000 after acquiring an additional 1,656 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in Gold Fields in the 4th quarter worth $141,000. Finally, US Bancorp DE increased its holdings in Gold Fields by 18.9% during the 4th quarter. US Bancorp DE now owns 11,484 shares of the company's stock worth $152,000 after purchasing an additional 1,829 shares in the last quarter. Institutional investors and hedge funds own 24.81% of the company's stock.
Gold Fields Stock Performance
Gold Fields stock traded down $0.48 during midday trading on Tuesday, reaching $24.18. 2,985,395 shares of the company's stock were exchanged, compared to its average volume of 3,618,268. The stock's 50-day simple moving average is $22.56 and its 200 day simple moving average is $18.96. Gold Fields Limited has a 52 week low of $12.98 and a 52 week high of $26.36. The firm has a market cap of $21.64 billion, a price-to-earnings ratio of 10.29, a P/E/G ratio of 0.30 and a beta of 0.55.
Analyst Upgrades and Downgrades
Several research analysts have recently weighed in on the company. Hsbc Global Res raised Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Scotiabank upped their price target 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. Wall Street Zen downgraded shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Finally, HSBC reissued a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a research report 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. According to MarketBeat.com, Gold Fields presently has a consensus rating of "Hold" and an average price target of $18.56.
Check Out Our Latest Research Report on Gold Fields
Gold Fields Profile
(
Free Report)
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.
Featured Stories
Before you consider Gold Fields, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Gold Fields wasn't on the list.
While Gold Fields currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
