105,868 Shares in Gold Fields Limited $GFI Purchased by Caprock Group LLC

Caprock Group LLC acquired a new position in Gold Fields Limited (NYSE:GFI) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 105,868 shares of the company’s stock, valued at approximately $4,442,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Millennium Management LLC lifted its stake in shares of Gold Fields by 20.3% in the 1st quarter. Millennium Management LLC now owns 191,482 shares of the company’s stock valued at $4,230,000 after purchasing an additional 32,343 shares during the period. NewEdge Advisors LLC boosted its position in shares of Gold Fields by 2,152.0% during the first quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock valued at $50,000 after buying an additional 2,152 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in Gold Fields in the 1st quarter worth about $236,000. Jones Financial Companies Lllp bought a new stake in Gold Fields in the 1st quarter worth about $268,000. Finally, Callan Family Office LLC purchased a new position in Gold Fields in the 2nd quarter worth about $548,000. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Price Performance

Gold Fields stock opened at $57.32 on Thursday. Gold Fields Limited has a 12-month low of $17.64 and a 12-month high of $61.64. The firm has a 50 day moving average of $48.32 and a 200 day moving average of $41.09.

Wall Street Analyst Weigh In

GFI has been the topic of a number of recent analyst reports. Zacks Research raised shares of Gold Fields from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. increased their price objective on shares of Gold Fields from $64.00 to $65.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Citigroup lifted their target price on shares of Gold Fields from $50.00 to $57.00 and gave the stock a “buy” rating in a research report on Wednesday, November 26th. Morgan Stanley cut Gold Fields from an “equal weight” rating to an “underweight” rating in a report on Friday, January 23rd. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a report on Thursday, January 22nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Gold Fields presently has a consensus rating of “Hold” and an average price target of $44.00.

Gold Fields Company Profile

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.