Personal CFO Solutions LLC Acquires New Stake in Gold Fields Limited $GFI

Personal CFO Solutions LLC acquired a new stake in Gold Fields Limited (NYSE:GFI) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 10,536 shares of the company’s stock, valued at approximately $442,000.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Arrowstreet Capital Limited Partnership grew its holdings in shares of Gold Fields by 84.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,549,220 shares of the company’s stock worth $131,350,000 after purchasing an additional 2,545,579 shares during the last quarter. Invesco Ltd. increased its position in shares of Gold Fields by 32.9% during the second quarter. Invesco Ltd. now owns 4,919,432 shares of the company’s stock worth $116,443,000 after acquiring an additional 1,217,594 shares during the period. DJE Kapital AG raised its stake in shares of Gold Fields by 19.7% during the second quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock valued at $105,260,000 after acquiring an additional 742,174 shares in the last quarter. Robeco Institutional Asset Management B.V. grew its stake in Gold Fields by 32.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 4,371,211 shares of the company’s stock worth $183,416,000 after purchasing an additional 1,062,242 shares in the last quarter. Finally, American Century Companies Inc. grew its stake in Gold Fields by 5.5% in the second quarter. American Century Companies Inc. now owns 3,327,085 shares of the company’s stock worth $78,752,000 after purchasing an additional 172,239 shares in the last quarter. 24.81% of the stock is currently owned by institutional investors.

Gold Fields Trading Up 2.5%

Shares of Gold Fields stock opened at $54.16 on Friday. The company has a 50-day simple moving average of $49.77 and a two-hundred day simple moving average of $42.42. Gold Fields Limited has a one year low of $17.64 and a one year high of $61.64.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on GFI shares. Wall Street Zen upgraded Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Saturday. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a research note on Thursday, January 22nd. Citigroup increased their target price on shares of Gold Fields from $50.00 to $57.00 and gave the stock a “buy” rating in a report on Wednesday, November 26th. Royal Bank Of Canada reduced their price target on shares of Gold Fields to $45.00 and set an “outperform” rating for the company in a report on Monday, November 24th. Finally, JPMorgan Chase & Co. upped their price target on shares of Gold Fields from $64.00 to $65.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Gold Fields presently has a consensus rating of “Hold” and a consensus price target of $44.00.

Gold Fields 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.