CWA Asset Management Group LLC Buys 14,850 Shares of Gold Fields Limited $GFI

CWA Asset Management Group LLC grew its stake in Gold Fields Limited (NYSE:GFI) by 11.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 139,785 shares of the company’s stock after acquiring an additional 14,850 shares during the period. CWA Asset Management Group LLC’s holdings in Gold Fields were worth $5,865,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership increased its holdings in shares of Gold Fields by 84.7% in the second quarter. Arrowstreet Capital Limited Partnership now owns 5,549,220 shares of the company’s stock valued at $131,350,000 after purchasing an additional 2,545,579 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Gold Fields by 122.6% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 3,308,969 shares of the company’s stock valued at $78,323,000 after buying an additional 1,822,689 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in Gold Fields in the 1st quarter valued at $30,914,000. Invesco Ltd. increased its stake in shares of Gold Fields by 32.9% in the 2nd quarter. Invesco Ltd. now owns 4,919,432 shares of the company’s stock valued at $116,443,000 after buying an additional 1,217,594 shares during the period. Finally, DJE Kapital AG increased its stake in shares of Gold Fields by 19.7% in the 2nd quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock valued at $105,260,000 after buying an additional 742,174 shares during the period. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently issued reports on GFI. Royal Bank Of Canada decreased their price target on Gold Fields to $45.00 and set an “outperform” rating on the stock in a report on Monday, November 24th. Zacks Research lowered shares of Gold Fields from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Investec cut shares of Gold Fields from a “buy” rating to a “hold” rating in a research report on Friday, October 10th. JPMorgan Chase & Co. increased their price objective on shares of Gold Fields from $62.00 to $64.00 and gave the company an “overweight” rating in a report on Wednesday, December 3rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a research note on Wednesday, October 8th. Four research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $42.13.

Gold Fields Price Performance

Shares of NYSE GFI opened at $43.44 on Monday. Gold Fields Limited has a twelve month low of $13.80 and a twelve month high of $47.60. The company’s fifty day moving average is $41.86 and its 200-day moving average is $35.82.

About Gold Fields

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.