Janney Montgomery Scott LLC Takes Position in Gold Fields Limited (NYSE:GFI)

Janney Montgomery Scott LLC acquired a new position in Gold Fields Limited (NYSE:GFI) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 9,175 shares of the company’s stock, valued at approximately $203,000.

A number of other large investors have also recently modified their holdings of the business. GAMMA Investing LLC raised its stake in shares of Gold Fields by 21.0% during the first quarter. GAMMA Investing LLC now owns 3,742 shares of the company’s stock worth $83,000 after acquiring an additional 649 shares in the last quarter. FCA Corp TX bought a new position in Gold Fields in the fourth quarter valued at approximately $108,000. Signaturefd LLC boosted its holdings in Gold Fields by 19.1% in the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock worth $136,000 after buying an additional 1,656 shares during the period. Net Worth Advisory Group purchased a new position in shares of Gold Fields during the fourth quarter worth approximately $136,000. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Gold Fields during the fourth quarter worth approximately $139,000. Institutional investors own 24.81% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on GFI shares. Hsbc Global Res raised shares of Gold Fields to a “hold” rating in a report on Thursday, April 17th. HSBC reiterated a “hold” rating and set a $21.00 target price on shares of Gold Fields in a report on Thursday, April 17th. Scotiabank lifted their price objective on shares of Gold Fields from $20.00 to $23.00 and gave the stock a “sector perform” rating in a research note on Monday, April 14th. Finally, Wall Street Zen downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Friday, May 30th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $19.70.

Gold Fields Stock Up 0.5%

GFI opened at $24.20 on Monday. The company has a fifty day moving average of $23.20 and a two-hundred day moving average of $20.28. Gold Fields Limited has a fifty-two week low of $12.98 and a fifty-two week high of $26.36. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.73 and a current ratio of 1.14. The stock has a market capitalization of $21.66 billion, a price-to-earnings ratio of 10.30, a PEG ratio of 0.26 and a beta of 0.54.

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.