Gold Fields Limited (GFI) Holdings Raised by CIBC World Markets Inc.
CIBC World Markets Inc. grew its stake in shares of Gold Fields Limited (NYSE:GFI) by 5.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 128,733 shares of the company’s stock after acquiring an additional 6,550 shares during the period. CIBC World Markets Inc.’s holdings in Gold Fields Limited were worth $448,000 at the end of the most recent reporting period.
Other institutional investors also recently added to or reduced their stakes in the company. Global X Management Co. LLC grew its position in shares of Gold Fields Limited by 1.5% during the 2nd quarter. Global X Management Co. LLC now owns 36,933 shares of the company’s stock valued at $129,000 after acquiring an additional 542 shares during the period. Virtu Financial LLC bought a new position in shares of Gold Fields Limited during the 2nd quarter valued at approximately $136,000. Trust Co. of Vermont grew its position in shares of Gold Fields Limited by 209.0% during the 2nd quarter. Trust Co. of Vermont now owns 41,400 shares of the company’s stock valued at $144,000 after acquiring an additional 28,000 shares during the period. Two Sigma Securities LLC bought a new position in shares of Gold Fields Limited during the 1st quarter valued at approximately $148,000. Finally, World Asset Management Inc grew its position in shares of Gold Fields Limited by 2.4% during the 1st quarter. World Asset Management Inc now owns 51,107 shares of the company’s stock valued at $180,000 after acquiring an additional 1,186 shares during the period. 34.04% of the stock is owned by hedge funds and other institutional investors.
Gold Fields Limited (GFI) opened at 4.36 on Wednesday. The company has a market capitalization of $3.58 billion, a P/E ratio of 36.03 and a beta of -1.04. The stock’s 50 day moving average is $4.26 and its 200-day moving average is $3.76. Gold Fields Limited has a 52-week low of $2.60 and a 52-week high of $5.33.
The business also recently declared a semiannual dividend, which will be paid on Thursday, September 21st. Stockholders of record on Friday, September 8th will be paid a $0.0303 dividend. The ex-dividend date of this dividend is Thursday, September 7th. This represents a dividend yield of 1.4%.
GFI has been the subject of a number of research reports. Zacks Investment Research raised shares of Gold Fields Limited from a “sell” rating to a “hold” rating in a research report on Tuesday, May 30th. BidaskClub downgraded shares of Gold Fields Limited from a “buy” rating to a “hold” rating in a research report on Friday, June 16th. Finally, Goldman Sachs Group, Inc. (The) raised shares of Gold Fields Limited from a “sell” rating to a “neutral” rating and reduced their target price for the company from $3.44 to $3.41 in a research report on Thursday, June 29th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company. Gold Fields Limited currently has a consensus rating of “Hold” and a consensus price target of $3.71.
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Gold Fields Limited 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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