Gold Fields Limited (NYSE:GFI) Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers decreased its position in Gold Fields Limited (NYSE:GFI - Free Report) by 49.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,251 shares of the company's stock after selling 18,057 shares during the quarter. Cetera Investment Advisers' holdings in Gold Fields were worth $241,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bayesian Capital Management LP purchased a new stake in shares of Gold Fields during the fourth quarter worth $330,000. Bank of America Corp DE grew its stake in shares of Gold Fields by 18.1% during the fourth quarter. Bank of America Corp DE now owns 127,470 shares of the company's stock worth $1,683,000 after purchasing an additional 19,501 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of Gold Fields by 76.7% during the fourth quarter. BNP Paribas Financial Markets now owns 91,407 shares of the company's stock worth $1,207,000 after purchasing an additional 39,669 shares in the last quarter. Ameriprise Financial Inc. grew its stake in shares of Gold Fields by 11.0% during the fourth quarter. Ameriprise Financial Inc. now owns 21,349 shares of the company's stock worth $282,000 after purchasing an additional 2,111 shares in the last quarter. Finally, Northern Trust Corp grew its stake in shares of Gold Fields by 258.4% during the fourth quarter. Northern Trust Corp now owns 400,680 shares of the company's stock worth $5,289,000 after purchasing an additional 288,887 shares in the last quarter. Hedge funds and other institutional investors own 24.81% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GFI. Wall Street Zen downgraded shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Friday. Scotiabank upped their price objective on shares of Gold Fields from $20.00 to $23.00 and gave the company a "sector perform" rating in a research note on Monday, April 14th. HSBC restated a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a research note on Thursday, April 17th. Finally, Hsbc Global Res upgraded shares of Gold Fields to a "hold" rating in a research note on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $18.56.

Gold Fields Trading Down 1.3%

Shares of GFI stock traded down $0.34 during trading hours on Tuesday, hitting $24.85. The company's stock had a trading volume of 1,767,398 shares, compared to its average volume of 3,637,675. The business has a fifty day moving average of $22.28 and a 200-day moving average of $18.62. The stock has a market cap of $22.24 billion, a price-to-earnings ratio of 10.57, a P/E/G ratio of 0.30 and a beta of 0.57. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $25.52.

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.