MQS Management LLC Invests $287,000 in Gold Fields Limited (NYSE:GFI)

MQS Management LLC acquired a new stake in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 12,990 shares of the company's stock, valued at approximately $287,000.

Other institutional investors have also modified their holdings of the company. American Century Companies Inc. increased its stake in shares of Gold Fields by 6.4% in the 4th quarter. American Century Companies Inc. now owns 2,976,004 shares of the company's stock valued at $39,283,000 after purchasing an additional 178,973 shares in the last quarter. Schroder Investment Management Group increased its stake in shares of Gold Fields by 11.3% in the 4th quarter. Schroder Investment Management Group now owns 2,164,906 shares of the company's stock valued at $28,490,000 after purchasing an additional 219,254 shares in the last quarter. Marshall Wace LLP increased its stake in shares of Gold Fields by 1,594.7% in the 4th quarter. Marshall Wace LLP now owns 2,114,631 shares of the company's stock valued at $27,913,000 after purchasing an additional 1,989,849 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its stake in shares of Gold Fields by 153.6% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 1,486,280 shares of the company's stock valued at $32,832,000 after purchasing an additional 900,317 shares in the last quarter. Finally, Man Group plc increased its stake in shares of Gold Fields by 119.9% in the 4th quarter. Man Group plc now owns 1,417,329 shares of the company's stock valued at $18,709,000 after purchasing an additional 772,928 shares in the last quarter. Hedge funds and other institutional investors own 24.81% of the company's stock.

Gold Fields Trading Up 1.5%

NYSE GFI traded up $0.37 on Friday, reaching $24.35. The stock had a trading volume of 1,773,746 shares, compared to its average volume of 3,462,035. Gold Fields Limited has a 12-month low of $12.98 and a 12-month high of $26.36. The stock has a fifty day moving average price of $23.52 and a two-hundred day moving average price of $20.85. The company has a quick ratio of 0.73, a current ratio of 1.14 and a debt-to-equity ratio of 0.40. The firm has a market capitalization of $21.79 billion, a price-to-earnings ratio of 10.36, a P/E/G ratio of 0.26 and a beta of 0.54.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on GFI shares. Hsbc Global Res upgraded Gold Fields to a "hold" rating in a report on Thursday, April 17th. Wall Street Zen cut Gold Fields from a "strong-buy" rating to a "buy" rating in a report on Friday, May 30th. Scotiabank lifted their price objective on Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a report on Monday, April 14th. Finally, HSBC reiterated a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a report on Thursday, April 17th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $19.70.

Gold Fields 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.