Gold Fields Limited (NYSE:GFI) Shares Bought by Capital Wealth Planning LLC

Capital Wealth Planning LLC grew its position in Gold Fields Limited (NYSE:GFI - Free Report) by 150.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,900 shares of the company's stock after buying an additional 111,776 shares during the period. Capital Wealth Planning LLC's holdings in Gold Fields were worth $2,688,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the company. Scotia Capital Inc. lifted its holdings in shares of Gold Fields by 3.6% in the 3rd quarter. Scotia Capital Inc. now owns 23,623 shares of the company's stock worth $257,000 after acquiring an additional 820 shares during the last quarter. Metis Global Partners LLC lifted its holdings in shares of Gold Fields by 4.7% in the 3rd quarter. Metis Global Partners LLC now owns 20,765 shares of the company's stock worth $226,000 after acquiring an additional 937 shares during the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Gold Fields by 2.9% in the 4th quarter. Sequoia Financial Advisors LLC now owns 33,840 shares of the company's stock worth $489,000 after acquiring an additional 949 shares during the last quarter. QRG Capital Management Inc. lifted its holdings in shares of Gold Fields by 10.3% in the 4th quarter. QRG Capital Management Inc. now owns 11,802 shares of the company's stock worth $171,000 after acquiring an additional 1,101 shares during the last quarter. Finally, Ballentine Partners LLC lifted its holdings in shares of Gold Fields by 12.3% in the 4th quarter. Ballentine Partners LLC now owns 13,116 shares of the company's stock worth $190,000 after acquiring an additional 1,441 shares during the last quarter. Hedge funds and other institutional investors own 26.02% of the company's stock.

Gold Fields Trading Down 6.7 %

Shares of NYSE:GFI traded down $1.13 during trading hours on Thursday, reaching $15.78. The stock had a trading volume of 5,927,140 shares, compared to its average volume of 4,281,171. Gold Fields Limited has a 1 year low of $10.31 and a 1 year high of $18.97. The firm's 50 day moving average is $16.40 and its 200-day moving average is $14.76. The company has a current ratio of 1.25, a quick ratio of 0.70 and a debt-to-equity ratio of 0.22.

Gold Fields (NYSE:GFI - Get Free Report) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.25 EPS for the quarter, beating analysts' consensus estimates of $0.15 by $0.10. On average, analysts forecast that Gold Fields Limited will post 1.53 EPS for the current fiscal year.

Gold Fields Increases Dividend

The company also recently disclosed a semi-annual dividend, which was paid on Thursday, March 28th. Shareholders of record on Friday, March 15th were given a $0.1717 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This is an increase from Gold Fields's previous semi-annual dividend of $0.17. This represents a dividend yield of 2.5%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group lowered shares of Gold Fields from a "buy" rating to a "neutral" rating in a report on Wednesday, April 10th. BMO Capital Markets lowered shares of Gold Fields from a "market perform" rating to an "underperform" rating and reduced their target price for the stock from $14.00 to $12.00 in a report on Friday, February 2nd. StockNews.com upgraded shares of Gold Fields from a "hold" rating to a "buy" rating in a report on Thursday, March 28th. Finally, Scotiabank reduced their target price on shares of Gold Fields from $15.50 to $15.00 and set a "sector perform" rating on the stock in a report on Monday, February 26th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company's stock. Based on data from MarketBeat.com, Gold Fields currently has an average rating of "Hold" and an average target price of $13.67.

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.