Two Sigma Securities LLC Sells 28,489 Shares of Gold Fields Limited (NYSE:GFI)

Two Sigma Securities LLC decreased its position in Gold Fields Limited (NYSE:GFI - Free Report) by 72.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm 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 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. DJE Kapital AG bought a new position in Gold Fields in the fourth quarter worth approximately $33,486,000. Marshall Wace LLP raised 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 acquiring an additional 1,989,849 shares during the last quarter. Bridgewater Associates LP lifted its position in Gold Fields by 97.1% in the 4th quarter. Bridgewater Associates LP now owns 815,113 shares of the company's stock valued at $10,759,000 after acquiring an additional 401,567 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new stake in Gold Fields during the 4th quarter worth approximately $4,979,000. Finally, Capital Fund Management S.A. purchased a new stake in shares of Gold Fields in the fourth quarter worth approximately $4,619,000. Institutional investors own 24.81% of the company's stock.

Gold Fields Price Performance

NYSE GFI traded down $0.45 during trading hours on Wednesday, reaching $22.98. 1,051,874 shares of the stock traded hands, compared to its average volume of 3,683,269. The stock has a 50 day simple moving average of $21.60 and a two-hundred day simple moving average of $17.83. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $25.52. The company has a market cap of $20.57 billion, a price-to-earnings ratio of 9.78, a price-to-earnings-growth ratio of 0.30 and a beta of 0.57.

Gold Fields Increases Dividend

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

Wall Street Analyst Weigh In

GFI has been the subject of a number of analyst reports. Scotiabank increased their price target 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. StockNews.com upgraded shares of Gold Fields from a "buy" rating to a "strong-buy" rating in a report on Monday, April 28th. JPMorgan Chase & Co. lifted their target price on shares of Gold Fields from $17.10 to $18.80 and gave the stock a "neutral" rating in a research report on Wednesday, January 15th. Hsbc Global Res raised Gold Fields to a "hold" rating in a research report on Thursday, April 17th. Finally, HSBC restated a "hold" rating and issued a $21.00 price objective on shares of Gold Fields in a research note on Thursday, April 17th. Five analysts have rated the stock with a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average 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.