Gold Fields Limited (NYSE:GFI) Shares Sold by Caprock Group LLC

Caprock Group LLC trimmed its position in Gold Fields Limited (NYSE:GFIFree Report) by 28.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 12,445 shares of the company’s stock after selling 4,882 shares during the quarter. Caprock Group LLC’s holdings in Gold Fields were worth $180,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Van ECK Associates Corp raised its stake in Gold Fields by 15.1% during the 3rd quarter. Van ECK Associates Corp now owns 46,158,985 shares of the company’s stock worth $501,287,000 after acquiring an additional 6,053,995 shares in the last quarter. BlackRock Inc. raised its stake in Gold Fields by 10.2% during the 1st quarter. BlackRock Inc. now owns 25,589,382 shares of the company’s stock worth $395,611,000 after acquiring an additional 2,368,601 shares in the last quarter. RWC Asset Advisors US LLC raised its stake in Gold Fields by 3.1% during the 3rd quarter. RWC Asset Advisors US LLC now owns 10,740,272 shares of the company’s stock worth $116,639,000 after acquiring an additional 320,066 shares in the last quarter. Renaissance Technologies LLC raised its stake in Gold Fields by 4.5% during the 1st quarter. Renaissance Technologies LLC now owns 7,350,784 shares of the company’s stock worth $113,643,000 after acquiring an additional 317,100 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its stake in Gold Fields by 118.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 5,107,356 shares of the company’s stock worth $78,960,000 after acquiring an additional 2,772,894 shares in the last quarter. 26.02% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. StockNews.com upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a research note on Thursday, March 28th. Scotiabank lowered their price objective on shares of Gold Fields from $15.50 to $15.00 and set a “sector perform” rating on the stock in a research report on Monday, February 26th. Finally, BMO Capital Markets downgraded shares of Gold Fields from a “market perform” rating to an “underperform” rating and lowered their price objective for the stock from $14.00 to $12.00 in a research report on Friday, February 2nd. Three research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, Gold Fields currently has a consensus rating of “Hold” and an average target price of $13.67.

Get Our Latest Research Report on Gold Fields

Gold Fields Price Performance

Shares of Gold Fields stock opened at $16.16 on Wednesday. Gold Fields Limited has a 1 year low of $10.31 and a 1 year high of $17.78. The company’s fifty day moving average is $14.35 and its two-hundred day moving average is $13.78.

Gold Fields (NYSE:GFIGet Free Report) last issued its earnings results on Thursday, February 22nd. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.10. On average, sell-side analysts anticipate that Gold Fields Limited will post 1.15 earnings per share for the current year.

Gold Fields Increases Dividend

The company also recently announced a semi-annual dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were issued a $0.1717 dividend. This is an increase from Gold Fields’s previous semi-annual dividend of $0.17. The ex-dividend date was Thursday, March 14th. This represents a dividend yield of 2.5%.

About Gold Fields

(Free Report)

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in nine operating mines, as well as gold mineral reserves and mineral resources. The company was founded in 1887 and is based in Sandton, South Africa.

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Institutional Ownership by Quarter for Gold Fields (NYSE:GFI)

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