Integrated Advisors Network LLC Makes New Investment in Gold Fields Limited (NYSE:GFI)

Integrated Advisors Network LLC bought a new stake in Gold Fields Limited (NYSE:GFI - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 25,072 shares of the company's stock, valued at approximately $331,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GFI. Amundi boosted its holdings in Gold Fields by 7.3% in the fourth quarter. Amundi now owns 3,107,369 shares of the company's stock worth $44,684,000 after acquiring an additional 211,333 shares in the last quarter. American Century Companies Inc. lifted its holdings in shares of 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. RWC Asset Management LLP lifted its holdings in shares of Gold Fields by 9.2% during the fourth quarter. RWC Asset Management LLP now owns 2,710,910 shares of the company's stock worth $35,784,000 after purchasing an additional 227,704 shares during the period. DJE Kapital AG acquired a new stake in shares of Gold Fields during the fourth quarter worth about $33,486,000. Finally, Schroder Investment Management Group lifted its holdings in shares of 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. Hedge funds and other institutional investors own 24.81% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on GFI. Hsbc Global Res upgraded Gold Fields to a "hold" rating in a research report on Thursday, April 17th. HSBC restated a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a research report on Thursday, April 17th. Wall Street Zen cut Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Friday. Finally, Scotiabank boosted 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. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $18.56.

Gold Fields Trading Up 9.7%

NYSE GFI traded up $2.24 on Monday, reaching $25.24. 4,191,450 shares of the company were exchanged, compared to its average volume of 3,656,302. The business's fifty day moving average price is $22.28 and its 200 day moving average price is $18.62. The stock has a market capitalization of $22.59 billion, a P/E ratio of 10.74, a price-to-earnings-growth ratio of 0.30 and a beta of 0.57. Gold Fields Limited has a fifty-two week low of $12.98 and a fifty-two week 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.