Wells Fargo & Company MN grew its position in Gold Fields Limited (NYSE:GFI) by 93.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 866,199 shares of the company’s stock after purchasing an additional 419,236 shares during the period. Wells Fargo & Company MN owned about 0.11% of Gold Fields worth $3,724,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of GFI. State Street Corp raised its holdings in Gold Fields by 19.2% in the second quarter. State Street Corp now owns 246,860 shares of the company’s stock worth $859,000 after purchasing an additional 39,717 shares during the period. Russell Investments Group Ltd. raised its holdings in Gold Fields by 37.4% in the third quarter. Russell Investments Group Ltd. now owns 213,104 shares of the company’s stock worth $918,000 after purchasing an additional 57,963 shares during the period. Dimensional Fund Advisors LP raised its holdings in Gold Fields by 4.6% in the third quarter. Dimensional Fund Advisors LP now owns 36,205,793 shares of the company’s stock worth $156,047,000 after purchasing an additional 1,577,860 shares during the period. SG Americas Securities LLC raised its holdings in Gold Fields by 107.3% in the fourth quarter. SG Americas Securities LLC now owns 292,774 shares of the company’s stock worth $1,259,000 after purchasing an additional 151,532 shares during the period. Finally, Aperio Group LLC raised its holdings in Gold Fields by 11.6% in the fourth quarter. Aperio Group LLC now owns 942,114 shares of the company’s stock worth $4,051,000 after purchasing an additional 98,282 shares during the period. Institutional investors own 33.79% of the company’s stock.
Shares of NYSE:GFI opened at $3.81 on Friday. Gold Fields Limited has a 12 month low of $3.06 and a 12 month high of $4.70.
A number of equities research analysts recently commented on the stock. Zacks Investment Research lowered shares of Gold Fields from a “buy” rating to a “hold” rating in a report on Wednesday, January 24th. HSBC upgraded shares of Gold Fields from a “reduce” rating to a “hold” rating in a report on Friday, January 19th. Royal Bank of Canada upgraded shares of Gold Fields from an “underperform” rating to a “sector perform” rating in a report on Tuesday. Finally, Morgan Stanley upgraded shares of Gold Fields from an “underweight” rating to an “equal weight” rating in a report on Tuesday, March 20th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $4.75.
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Gold Fields Company Profile
Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.
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