Signaturefd LLC Raises Stock Holdings in Gold Fields Limited $GFI

Signaturefd LLC boosted its position in Gold Fields Limited (NYSE:GFI) by 6.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,714 shares of the company’s stock after buying an additional 546 shares during the quarter. Signaturefd LLC’s holdings in Gold Fields were worth $230,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of GFI. Richardson Financial Services Inc. purchased a new stake in Gold Fields in the first quarter worth $26,000. Banque Cantonale Vaudoise purchased a new stake in Gold Fields in the first quarter worth $44,000. SVB Wealth LLC purchased a new stake in Gold Fields in the first quarter worth $48,000. NewEdge Advisors LLC increased its position in Gold Fields by 2,152.0% in the first quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock worth $50,000 after buying an additional 2,152 shares during the last quarter. Finally, GAMMA Investing LLC increased its position in Gold Fields by 21.0% in the first quarter. GAMMA Investing LLC now owns 3,742 shares of the company’s stock worth $83,000 after buying an additional 649 shares during the last quarter. 24.81% of the stock is owned by hedge funds and other institutional investors.

Gold Fields Stock Performance

NYSE:GFI opened at $42.33 on Friday. The firm has a market capitalization of $37.89 billion, a price-to-earnings ratio of 18.01, a P/E/G ratio of 0.42 and a beta of 0.49. Gold Fields Limited has a 52-week low of $12.98 and a 52-week high of $43.13. The stock has a fifty day moving average of $33.80 and a 200 day moving average of $26.75.

Gold Fields Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, September 25th. Shareholders of record on Friday, September 12th were given a dividend of $0.3993 per share. The ex-dividend date was Friday, September 12th. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.38. This represents a yield of 130.0%. Gold Fields’s dividend payout ratio (DPR) is 27.23%.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Wall Street Zen raised Gold Fields from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 26th. Capital One Financial set a $32.00 price target on Gold Fields in a report on Friday, August 22nd. BMO Capital Markets raised their price target on Gold Fields from $24.00 to $32.00 and gave the stock a “market perform” rating in a report on Monday, August 25th. Finally, Canaccord Genuity Group initiated coverage on Gold Fields in a report on Monday, July 28th. They issued a “buy” rating and a $33.00 price target for the company. Two analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $26.63.

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.