Gold Fields Limited (NYSE:GFI) Shares Bought by Two Sigma Investments LP

Two Sigma Investments LP grew its holdings in Gold Fields Limited (NYSE:GFI) by 61.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 64,256 shares of the company’s stock after acquiring an additional 24,365 shares during the quarter. Two Sigma Investments LP’s holdings in Gold Fields were worth $848,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. FCA Corp TX purchased a new position in shares of Gold Fields in the 4th quarter valued at about $108,000. Net Worth Advisory Group purchased a new position in shares of Gold Fields in the 4th quarter valued at about $136,000. Signaturefd LLC increased its holdings in shares of 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 acquiring an additional 1,656 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of Gold Fields in the 4th quarter valued at about $141,000. Finally, US Bancorp DE increased its holdings in shares of 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 acquiring an additional 1,829 shares during the last quarter. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Price Performance

GFI opened at $24.61 on Friday. The business has a 50 day simple moving average of $22.52 and a 200-day simple moving average of $18.84. The stock has a market capitalization of $22.03 billion, a P/E ratio of 10.47, a P/E/G ratio of 0.30 and a beta of 0.57. Gold Fields Limited has a 12 month low of $12.98 and a 12 month high of $26.36.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Hsbc Global Res upgraded Gold Fields to a “hold” rating in a report on Thursday, April 17th. Wall Street Zen downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 30th. HSBC restated a “hold” rating and set a $21.00 price target on shares of Gold Fields in a research note on Thursday, April 17th. Finally, Scotiabank raised their price target on Gold Fields from $20.00 to $23.00 and gave the stock a “sector perform” rating in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $18.56.

Gold Fields Company 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.