Gold Fields Limited $GFI Shares Sold by DJE Kapital AG

DJE Kapital AG lessened its holdings in Gold Fields Limited (NYSE:GFI) by 29.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,186,462 shares of the company’s stock after selling 1,324,663 shares during the quarter. Gold Fields makes up approximately 3.9% of DJE Kapital AG’s investment portfolio, making the stock its 9th largest position. DJE Kapital AG’s holdings in Gold Fields were worth $142,009,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. CIBC Private Wealth Group LLC boosted its holdings 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 acquiring an additional 273 shares during the last quarter. Cary Street Partners Investment Advisory LLC purchased a new position in Gold Fields during the 3rd quarter valued at about $45,000. Bayforest Capital Ltd increased its position in shares of Gold Fields by 1,106.7% in the fourth 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. NewEdge Advisors LLC grew its position in Gold Fields by 2,152.0% during the first quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock valued at $50,000 after acquiring an additional 2,152 shares during the last quarter. Finally, Exchange Traded Concepts LLC bought a new position in shares of Gold Fields during the 4th quarter valued at $108,000. Institutional investors and hedge funds own 24.81% of the company’s stock.

Gold Fields Stock Performance

Gold Fields stock opened at $35.93 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’s 50-day simple moving average is $43.15 and its two-hundred day simple moving average is $46.43. Gold Fields Limited has a fifty-two week low of $22.40 and a fifty-two week high of $61.64.

Wall Street Analysts Forecast Growth

GFI has been the subject of a number of research reports. Scotiabank decreased their price objective on Gold Fields from $61.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, March 20th. Zacks Research raised Gold Fields from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings downgraded Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday, June 3rd. Canaccord Genuity Group raised Gold Fields from a “hold” rating to a “buy” rating and lifted their target price for the company from $40.25 to $57.25 in a research note on Friday, April 24th. Finally, Wall Street Zen cut Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Monday, April 27th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus 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.