15,951 Shares in Gold Fields Limited $GFI Acquired by Jump Financial LLC

Jump Financial LLC purchased a new position in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 15,951 shares of the company's stock, valued at approximately $352,000.

A number of other hedge funds have also made changes to their positions in the business. SVB Wealth LLC purchased a new stake in Gold Fields during the first quarter worth approximately $48,000. Groupe la Francaise raised its stake in Gold Fields by 27.3% during the 1st quarter. Groupe la Francaise now owns 280,000 shares of the company's stock worth $5,869,000 after acquiring an additional 60,000 shares in the last quarter. Compound Planning Inc. lifted its position in Gold Fields by 30.1% in the first quarter. Compound Planning Inc. now owns 27,510 shares of the company's stock valued at $608,000 after acquiring an additional 6,357 shares during the last quarter. BI Asset Management Fondsmaeglerselskab A S acquired a new position in Gold Fields in the first quarter valued at $9,302,000. Finally, Quantbot Technologies LP acquired a new position in Gold Fields in the first quarter valued at $199,000. Hedge funds and other institutional investors own 24.81% of the company's stock.

Gold Fields Price Performance

NYSE:GFI traded up $0.98 during mid-day trading on Friday, hitting $34.38. 3,102,090 shares of the company's stock traded hands, compared to its average volume of 2,968,143. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.73 and a current ratio of 1.89. The company has a market cap of $30.77 billion, a PE ratio of 14.63, a price-to-earnings-growth ratio of 0.36 and a beta of 0.47. The firm's 50 day simple moving average is $28.02 and its 200 day simple moving average is $24.12. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $35.39.

Gold Fields Increases Dividend

The business also recently declared a semi-annual dividend, which will be paid on Thursday, September 25th. Shareholders of record on Friday, September 12th will be given a dividend of $0.3993 per share. The ex-dividend date of this dividend is Friday, September 12th. This is a positive change from Gold Fields's previous semi-annual dividend of $0.38. This represents a yield of 130.0%. Gold Fields's dividend payout ratio (DPR) is 26.38%.

Analyst Upgrades and Downgrades

A number of research firms have commented on GFI. Capital One Financial set a $32.00 target price on shares of Gold Fields in a report on Friday, August 22nd. Canaccord Genuity Group began coverage on shares of Gold Fields in a research note on Monday, July 28th. They issued a "buy" rating and a $33.00 price objective on the stock. Wall Street Zen cut shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Monday, September 1st. Finally, BMO Capital Markets increased their price target on shares of Gold Fields from $24.00 to $32.00 and gave the stock a "market perform" rating in a report on Monday, August 25th. Three analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average price target of $25.11.

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.