Two Sigma Securities LLC Trims Stock Position in Gold Fields Limited (NYSE:GFI)

Two Sigma Securities LLC lowered its stake in Gold Fields Limited (NYSE:GFI - Free Report) by 72.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,744 shares of the company's stock after selling 28,489 shares during the period. Two Sigma Securities LLC's holdings in Gold Fields were worth $142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. DJE Kapital AG purchased a new stake in shares of Gold Fields in the fourth quarter valued at $33,486,000. Marshall Wace LLP lifted its holdings in shares of Gold Fields by 1,594.7% in the 4th quarter. Marshall Wace LLP now owns 2,114,631 shares of the company's stock worth $27,913,000 after purchasing an additional 1,989,849 shares during the last quarter. Bridgewater Associates LP raised its stake 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 valued at $10,759,000 after purchasing an additional 401,567 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in Gold Fields during the fourth quarter worth approximately $4,979,000. Finally, Capital Fund Management S.A. purchased a new stake in shares of Gold Fields in the 4th quarter valued at approximately $4,619,000. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Gold Fields Price Performance

Shares of NYSE:GFI traded up $1.69 during trading on Monday, hitting $22.89. The company had a trading volume of 4,087,402 shares, compared to its average volume of 3,714,417. Gold Fields Limited has a one year low of $12.98 and a one year high of $25.52. The stock has a market cap of $20.48 billion, a price-to-earnings ratio of 9.74, a price-to-earnings-growth ratio of 0.30 and a beta of 0.57. The company has a fifty day simple moving average of $21.42 and a two-hundred day simple moving average of $17.76.

Gold Fields Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, March 27th. Investors of record on Friday, March 14th were issued a $0.3752 dividend. This is a boost from Gold Fields's previous semi-annual dividend of $0.17. The ex-dividend date was Friday, March 14th. This represents a yield of 1.6%. Gold Fields's dividend payout ratio is presently 25.96%.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. HSBC reaffirmed a "hold" rating and issued a $21.00 target price on shares of Gold Fields in a report on Thursday, April 17th. StockNews.com upgraded Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Monday, April 28th. Hsbc Global Res raised Gold Fields to a "hold" rating in a research report on Thursday, April 17th. JPMorgan Chase & Co. upped their price target on shares of Gold Fields from $17.10 to $18.80 and gave the company a "neutral" rating in a research note on Wednesday, January 15th. Finally, Scotiabank lifted their target price on Gold Fields from $20.00 to $23.00 and gave the company a "sector perform" rating in a research report on Monday, April 14th. Five research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, Gold Fields presently has a consensus rating of "Moderate Buy" and a consensus target price 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.