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Robeco Institutional Asset Management B.V. Has $265.70 Million Holdings in Gold Fields Limited $GFI

Gold Fields logo with Basic Materials background
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Key Points

  • Robeco Institutional Asset Management B.V. raised its stake in Gold Fields by 39.2% in Q4, adding 1,714,442 shares to hold 6,085,653 shares worth about $265.7 million (≈0.68% of the company).
  • Gold Fields paid a special dividend of $1.4419 per share (paid March 26; record date March 13), which MarketBeat reports as a stated yield of 633.0%.
  • Analyst coverage is mixed—MarketBeat shows an average rating of Hold with an average price target of $43.88, while individual firms’ ratings range from Buy/Overweight to Underweight and Sell.
  • Five stocks to consider instead of Gold Fields.

Robeco Institutional Asset Management B.V. raised its position in Gold Fields Limited (NYSE:GFI - Free Report) by 39.2% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 6,085,653 shares of the company's stock after acquiring an additional 1,714,442 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.68% of Gold Fields worth $265,700,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in GFI. CIBC Private Wealth Group LLC grew its stake in Gold Fields by 47.1% in the third quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company's stock valued at $36,000 after acquiring an additional 273 shares during the period. Archer Investment Corp acquired a new stake in Gold Fields in the third quarter valued at approximately $42,000. Cary Street Partners Investment Advisory LLC purchased a new position in shares of Gold Fields during the third quarter valued at approximately $45,000. NewEdge Advisors LLC boosted its position in shares of Gold Fields by 2,152.0% during the first quarter. NewEdge Advisors LLC now owns 2,252 shares of the company's stock valued at $50,000 after buying an additional 2,152 shares during the last quarter. Finally, Westside Investment Management Inc. boosted its position in shares of Gold Fields by 100.0% during the third quarter. Westside Investment Management Inc. now owns 1,210 shares of the company's stock valued at $51,000 after buying an additional 605 shares during the last quarter. Institutional investors and hedge funds own 24.81% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on GFI shares. Wall Street Zen cut Gold Fields from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Gold Fields in a research report on Thursday, January 22nd. JPMorgan Chase & Co. lifted their target price on Gold Fields from $64.00 to $65.00 and gave the company an "overweight" rating in a research report on Tuesday, January 20th. Morgan Stanley cut Gold Fields from an "equal weight" rating to an "underweight" rating in a research report on Friday, January 23rd. Finally, Scotiabank cut their target price on Gold Fields from $61.00 to $60.00 and set a "sector perform" rating on the stock in a research report on Friday, March 20th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Hold" and an average price target of $43.88.

Read Our Latest Stock Analysis on Gold Fields

Gold Fields Price Performance

Shares of Gold Fields stock opened at $49.36 on Friday. The business's fifty day simple moving average is $49.89 and its 200 day simple moving average is $45.92. Gold Fields Limited has a 12 month low of $19.35 and a 12 month high of $61.64. The company has a current ratio of 1.79, a quick ratio of 1.33 and a debt-to-equity ratio of 0.34.

Gold Fields Announces Dividend

The firm also recently declared a special dividend, which was paid on Thursday, March 26th. Investors of record on Friday, March 13th were issued a dividend of $1.4419 per share. This represents a yield of 633.0%. The ex-dividend date was Friday, March 13th.

About Gold Fields

(Free Report)

Gold Fields NYSE: GFI is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company's core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.

See Also

Institutional Ownership by Quarter for Gold Fields (NYSE:GFI)

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