Gold Fields Limited $GFI Shares Acquired by Empowered Funds LLC

Empowered Funds LLC lifted its stake in shares of Gold Fields Limited (NYSE:GFI) by 138.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 42,583 shares of the company’s stock after purchasing an additional 24,719 shares during the quarter. Empowered Funds LLC’s holdings in Gold Fields were worth $1,933,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Goldman Sachs Group Inc. increased its stake in shares of Gold Fields by 69.3% during the fourth quarter. Goldman Sachs Group Inc. now owns 4,384,047 shares of the company’s stock worth $191,407,000 after acquiring an additional 1,794,124 shares during the period. Robeco Institutional Asset Management B.V. grew its holdings in Gold Fields by 39.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 6,085,653 shares of the company’s stock worth $265,700,000 after acquiring an additional 1,714,442 shares during the period. Man Group plc grew its holdings in Gold Fields by 63.7% during the fourth quarter. Man Group plc now owns 3,650,799 shares of the company’s stock worth $159,394,000 after acquiring an additional 1,421,121 shares during the period. AQR Capital Management LLC boosted its position in shares of Gold Fields by 211.0% during the 4th quarter. AQR Capital Management LLC now owns 1,791,823 shares of the company’s stock worth $78,231,000 after purchasing an additional 1,215,647 shares in the last quarter. Finally, Van ECK Associates Corp grew its stake in shares of Gold Fields by 3.4% during the 4th quarter. Van ECK Associates Corp now owns 35,483,903 shares of the company’s stock worth $1,549,227,000 after purchasing an additional 1,180,634 shares during the period. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Gold Fields Stock Up 0.3%

Shares of NYSE GFI opened at $37.39 on Friday. Gold Fields Limited has a 12 month low of $29.24 and a 12 month high of $61.64. The company has a 50-day simple moving average of $34.84 and a 200-day simple moving average of $43.53. The company has a current ratio of 1.79, a quick ratio of 1.33 and a debt-to-equity ratio of 0.34.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Weiss Ratings downgraded shares of Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Wall Street Zen upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a research report on Monday, July 20th. Zacks Research lowered Gold Fields from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 21st. Scotiabank lowered their price target on Gold Fields from $60.00 to $52.00 and set a “sector perform” rating on the stock in a report on Tuesday, July 14th. Finally, Canaccord Genuity Group upgraded Gold Fields from a “hold” rating to a “buy” rating and raised their price target for the company from $40.25 to $57.25 in a research report on Friday, April 24th. Five analysts have rated the stock with a Buy rating, four have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $47.75.

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.