10,559 Shares in Gold Fields Limited (NYSE:GFI) Acquired by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio acquired a new position in shares of Gold Fields Limited (NYSE:GFI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 10,559 shares of the company's stock, valued at approximately $139,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. DJE Kapital AG acquired a new stake in shares of Gold Fields during the fourth quarter valued at $33,486,000. Marshall Wace LLP raised its position in Gold Fields by 1,594.7% in the fourth 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 during the period. Man Group plc raised its holdings in shares of Gold Fields by 119.9% during the 4th quarter. Man Group plc now owns 1,417,329 shares of the company's stock valued at $18,709,000 after buying an additional 772,928 shares during the period. Silvercrest Asset Management Group LLC acquired a new position in Gold Fields in the 4th quarter worth $9,033,000. Finally, Bridgewater Associates LP grew its position in shares of Gold Fields by 97.1% during the fourth quarter. Bridgewater Associates LP now owns 815,113 shares of the company's stock worth $10,759,000 after buying an additional 401,567 shares in the last quarter. Institutional investors and hedge funds own 24.81% of the company's stock.

Gold Fields Price Performance

Shares of Gold Fields stock remained flat at $24.64 during trading on Monday. 1,558,167 shares of the stock traded hands, compared to its average volume of 3,624,125. The stock has a market cap of $22.05 billion, a P/E ratio of 10.49, a PEG ratio of 0.30 and a beta of 0.55. Gold Fields Limited has a 1-year low of $12.98 and a 1-year high of $26.36. The stock's 50-day simple moving average is $22.52 and its 200 day simple moving average is $18.90.

Analyst Ratings Changes

GFI has been the topic of several research reports. Wall Street Zen cut Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. HSBC restated a "hold" rating and issued a $21.00 target price on shares of Gold Fields in a research report on Thursday, April 17th. Hsbc Global Res raised shares of Gold Fields to a "hold" rating in a research note on Thursday, April 17th. Finally, Scotiabank raised their target price on Gold Fields from $20.00 to $23.00 and gave the company a "sector perform" rating in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $18.56.

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.