Gold Fields Limited (NYSE:GFI) Shares Bought by Range Financial Group LLC

Range Financial Group LLC increased its stake in shares of Gold Fields Limited (NYSE:GFI - Free Report) by 52.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 88,813 shares of the company's stock after acquiring an additional 30,485 shares during the period. Gold Fields comprises 0.9% of Range Financial Group LLC's holdings, making the stock its 29th largest position. Range Financial Group LLC's holdings in Gold Fields were worth $1,962,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GFI. FCA Corp TX acquired a new stake in Gold Fields during the fourth quarter worth about $108,000. Net Worth Advisory Group acquired a new stake in Gold Fields during the fourth quarter worth about $136,000. Signaturefd LLC grew its holdings in Gold Fields by 19.1% during 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 period. Public Employees Retirement System of Ohio acquired a new stake in Gold Fields during the fourth quarter worth about $139,000. Finally, Sequoia Financial Advisors LLC acquired a new stake in Gold Fields during the fourth quarter worth about $141,000. 24.81% of the stock is owned by institutional investors and hedge funds.

Gold Fields Price Performance

Shares of NYSE:GFI traded up $0.90 during midday trading on Thursday, hitting $25.25. The company had a trading volume of 2,368,678 shares, compared to its average volume of 3,605,512. The business's 50-day simple moving average is $22.68 and its 200-day simple moving average is $19.04. The stock has a market cap of $22.60 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 0.30 and a beta of 0.55. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $26.36.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Scotiabank increased their price target on Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a research report on Monday, April 14th. 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. Hsbc Global Res upgraded Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Finally, Wall Street Zen downgraded Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Friday, May 30th. Five equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $18.56.

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.