Gold Fields Limited (NYSE:GFI) Shares Acquired by BNP Paribas Financial Markets

BNP Paribas Financial Markets lifted its position in shares of Gold Fields Limited (NYSE:GFI) by 76.7% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 91,407 shares of the company’s stock after buying an additional 39,669 shares during the quarter. BNP Paribas Financial Markets’ holdings in Gold Fields were worth $1,207,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in GFI. FCA Corp TX acquired a new position in Gold Fields in the 4th quarter valued at about $108,000. Net Worth Advisory Group acquired a new position in Gold Fields in the 4th quarter valued at about $136,000. Signaturefd LLC raised its stake in Gold Fields by 19.1% in the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock valued at $136,000 after purchasing an additional 1,656 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Gold Fields in the 4th quarter valued at about $141,000. Finally, US Bancorp DE raised its stake in Gold Fields by 18.9% in the 4th quarter. US Bancorp DE now owns 11,484 shares of the company’s stock valued at $152,000 after purchasing an additional 1,829 shares during the last quarter. Institutional investors and hedge funds own 24.81% of the company’s stock.

Gold Fields Trading Up 3.1%

Shares of NYSE:GFI opened at $21.28 on Tuesday. The firm’s 50 day moving average is $21.91 and its two-hundred day moving average is $18.07. Gold Fields Limited has a 52 week low of $12.98 and a 52 week high of $25.52. The firm has a market capitalization of $19.05 billion, a P/E ratio of 9.06, a PEG ratio of 0.30 and a beta of 0.57.

Gold Fields Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were paid a $0.3752 dividend. The ex-dividend date was Friday, March 14th. This represents a dividend yield of 1.6%. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.17. Gold Fields’s dividend payout ratio (DPR) is presently 25.96%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. HSBC reissued a “hold” rating and issued a $21.00 target price on shares of Gold Fields in a research note on Thursday, April 17th. StockNews.com downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, May 7th. Hsbc Global Res upgraded Gold Fields to a “hold” rating in a report on Thursday, April 17th. Finally, Scotiabank lifted their price target on Gold Fields from $20.00 to $23.00 and gave the company a “sector perform” rating in a report on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Gold Fields currently has an average rating of “Hold” and a consensus target price of $18.56.

Gold Fields Profile

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.