102,795 Shares in Gold Fields Limited $GFI Acquired by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans bought a new position in shares of Gold Fields Limited (NYSE:GFI) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 102,795 shares of the company’s stock, valued at approximately $4,314,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Arizona State Retirement System acquired a new stake in shares of Gold Fields during the third quarter worth $666,000. Summit Global Investments boosted its stake in Gold Fields by 91.9% in the 3rd quarter. Summit Global Investments now owns 46,205 shares of the company’s stock worth $1,939,000 after purchasing an additional 22,133 shares during the period. Archer Investment Corp bought a new position in Gold Fields during the 3rd quarter worth about $42,000. TD Waterhouse Canada Inc. raised its stake in shares of Gold Fields by 49.5% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 133,852 shares of the company’s stock valued at $5,616,000 after purchasing an additional 44,306 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Gold Fields by 4,294.1% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 17,752 shares of the company’s stock valued at $745,000 after purchasing an additional 17,348 shares during the period. Institutional investors and hedge funds own 24.81% of the company’s stock.

Wall Street Analysts Forecast Growth

GFI has been the subject of several recent research reports. Royal Bank Of Canada reduced their price objective on Gold Fields to $45.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. Wall Street Zen cut Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Saturday, January 31st. Morgan Stanley downgraded Gold Fields from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 23rd. Citigroup lifted their price objective on shares of Gold Fields from $50.00 to $57.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, Canaccord Genuity Group lowered shares of Gold Fields from a “buy” rating to a “hold” rating and set a $39.00 price objective on the stock. in a research report on Monday, October 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $44.00.

Gold Fields Trading Up 6.9%

Shares of Gold Fields stock opened at $53.49 on Friday. Gold Fields Limited has a 12-month low of $17.64 and a 12-month high of $61.64. The business’s 50 day moving average is $47.44 and its 200-day moving average is $40.43.

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.