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

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

Other institutional investors and hedge funds have also recently modified their holdings of the company. FCA Corp TX bought a new position in shares of Gold Fields in the fourth quarter valued at approximately $108,000. Net Worth Advisory Group bought a new position in Gold Fields in the 4th quarter valued at $136,000. Signaturefd LLC grew its position in shares of Gold Fields by 19.1% during the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company's stock valued at $136,000 after purchasing an additional 1,656 shares in the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Gold Fields in the fourth quarter worth $141,000. Finally, US Bancorp DE raised its position in shares of Gold Fields by 18.9% in the fourth quarter. US Bancorp DE now owns 11,484 shares of the company's stock worth $152,000 after buying an additional 1,829 shares in the last quarter. 24.81% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the company. Hsbc Global Res upgraded Gold Fields to a "hold" rating in a research report on Thursday, April 17th. HSBC reiterated a "hold" rating and set a $21.00 price target on shares of Gold Fields in a research report on Thursday, April 17th. Scotiabank upped their price objective on shares of Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. Finally, Wall Street Zen downgraded shares of Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat, Gold Fields currently has an average rating of "Hold" and an average target price of $18.56.

Gold Fields Trading Up 1.5%

Shares of Gold Fields stock opened at $25.41 on Friday. The firm has a market capitalization of $22.74 billion, a PE ratio of 10.81, a price-to-earnings-growth ratio of 0.30 and a beta of 0.57. Gold Fields Limited has a 12 month low of $12.98 and a 12 month high of $26.36. The business's 50-day moving average price is $22.48 and its 200-day moving average price is $18.78.

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.

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