Gold Fields Limited $GFI Stock Holdings Trimmed by U S Global Investors Inc.

U S Global Investors Inc. reduced its position in Gold Fields Limited (NYSE:GFI) by 45.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 150,000 shares of the company’s stock after selling 126,638 shares during the period. U S Global Investors Inc.’s holdings in Gold Fields were worth $6,549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GFI. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Gold Fields by 1.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 18,003 shares of the company’s stock valued at $786,000 after purchasing an additional 251 shares during the last quarter. Harbour Capital Advisors LLC grew its holdings in shares of Gold Fields by 0.5% during the fourth quarter. Harbour Capital Advisors LLC now owns 50,525 shares of the company’s stock valued at $2,201,000 after purchasing an additional 265 shares during the last quarter. CIBC Private Wealth Group LLC grew its holdings in shares of Gold Fields by 47.1% during the third quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company’s stock valued at $36,000 after purchasing an additional 273 shares during the last quarter. Bridgewater Advisors Inc. grew its holdings in shares of Gold Fields by 1.6% during the third quarter. Bridgewater Advisors Inc. now owns 20,692 shares of the company’s stock valued at $868,000 after purchasing an additional 317 shares during the last quarter. Finally, CWM LLC grew its holdings in shares of Gold Fields by 24.7% during the third quarter. CWM LLC now owns 2,086 shares of the company’s stock valued at $88,000 after purchasing an additional 413 shares during the last quarter. 24.81% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on GFI. Canaccord Genuity Group raised Gold Fields from a “hold” rating to a “buy” rating and upped their target price for the company from $40.25 to $57.25 in a report on Friday. Morgan Stanley lowered Gold Fields from an “equal weight” rating to an “underweight” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. upped their target price on Gold Fields from $64.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Zacks Research lowered Gold Fields from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 31st. Finally, Wall Street Zen raised Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 19th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $49.75.

Gold Fields Price Performance

Shares of GFI stock opened at $43.96 on Friday. Gold Fields Limited has a 12-month low of $19.35 and a 12-month high of $61.64. The business has a 50 day simple moving average of $48.84 and a 200 day simple moving average of $46.27. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.79 and a quick ratio of 1.33.

Gold Fields Dividend Announcement

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

About Gold Fields

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.