Integrated Advisors Network LLC Invests $331,000 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 its most recent Form 13F filing with the SEC. The firm bought 25,072 shares of the company's stock, valued at approximately $331,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FCA Corp TX acquired a new position in shares of Gold Fields in the 4th quarter valued at approximately $108,000. Net Worth Advisory Group bought a new position in shares of Gold Fields in the fourth quarter worth about $136,000. Signaturefd LLC lifted its holdings in shares of Gold Fields by 19.1% in the fourth quarter. Signaturefd LLC now owns 10,304 shares of the company's stock worth $136,000 after acquiring an additional 1,656 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Gold Fields in the fourth quarter worth about $139,000. Finally, Sequoia Financial Advisors LLC bought a new position in shares of Gold Fields in the fourth quarter worth about $141,000. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GFI has been the subject of a number of research reports. Hsbc Global Res raised shares of Gold Fields to a "hold" rating in a report on Thursday, April 17th. HSBC reissued a "hold" rating and issued a $21.00 target price on shares of Gold Fields in a report on Thursday, April 17th. Scotiabank increased their target price on shares of Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Finally, Wall Street Zen lowered shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, Gold Fields has an average rating of "Hold" and an average target price of $18.56.

Gold Fields Price Performance

NYSE GFI traded down $0.02 during trading hours on Friday, reaching $22.99. The company's stock had a trading volume of 3,023,773 shares, compared to its average volume of 3,638,482. The firm has a fifty day simple moving average of $22.14 and a 200-day simple moving average of $18.41. The stock has a market cap of $20.58 billion, a P/E ratio of 9.78, a P/E/G ratio of 0.30 and a beta of 0.57. Gold Fields Limited has a 52 week low of $12.98 and a 52 week high of $25.52.

Gold Fields Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were given a dividend of $0.3752 per share. This represents a yield of 1.6%. The ex-dividend date of this dividend was Friday, March 14th. This is an increase from Gold Fields's previous semi-annual dividend of $0.17. Gold Fields's dividend payout ratio is currently 25.96%.

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.