RFG Advisory LLC Sells 17,811 Shares of Gold Fields Limited $GFI

RFG Advisory LLC reduced its stake in shares of Gold Fields Limited (NYSE:GFI) by 40.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,677 shares of the company’s stock after selling 17,811 shares during the period. RFG Advisory LLC’s holdings in Gold Fields were worth $1,165,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of GFI. CIBC Private Wealth Group LLC raised its position in Gold Fields by 47.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company’s stock worth $36,000 after purchasing an additional 273 shares during the last quarter. Archer Investment Corp bought a new position in Gold Fields during the 3rd quarter worth $42,000. Cary Street Partners Investment Advisory LLC bought a new position in Gold Fields during the 3rd quarter worth $45,000. Bayforest Capital Ltd raised its position in Gold Fields by 1,106.7% during the 4th quarter. Bayforest Capital Ltd now owns 1,086 shares of the company’s stock worth $47,000 after purchasing an additional 996 shares during the last quarter. Finally, NewEdge Advisors LLC raised its position in Gold Fields by 2,152.0% during the 1st quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock worth $50,000 after purchasing an additional 2,152 shares during the last quarter. 24.81% of the stock is owned by institutional investors.

Gold Fields Stock Down 0.1%

Shares of Gold Fields stock opened at $44.87 on Friday. The company has a current ratio of 1.79, a quick ratio of 1.33 and a debt-to-equity ratio of 0.34. The business has a 50-day moving average price of $47.18 and a two-hundred day moving average price of $46.38. Gold Fields Limited has a 1-year low of $19.35 and a 1-year high of $61.64.

Gold Fields Announces Dividend

The firm also recently declared a special dividend, which was paid on Thursday, March 26th. Shareholders 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.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a research report on Thursday, January 22nd. Wall Street Zen lowered Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 27th. Morgan Stanley lowered Gold Fields from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 23rd. Canaccord Genuity Group raised Gold Fields from a “hold” rating to a “buy” rating and raised their target price for the stock from $40.25 to $57.25 in a research report on Friday, April 24th. Finally, JPMorgan Chase & Co. raised their target price on Gold Fields from $64.00 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. Five analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $49.75.

Gold Fields Company Profile

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.