U S Global Investors Inc. Takes $990,000 Position in Gold Fields Limited (NYSE:GFI)

U S Global Investors Inc. acquired a new stake in shares of Gold Fields Limited (NYSE:GFI) during the 4th quarter, Holdings Channel reports. The firm acquired 75,000 shares of the company’s stock, valued at approximately $990,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Van ECK Associates Corp grew its holdings in Gold Fields by 3.3% during the third quarter. Van ECK Associates Corp now owns 48,505,911 shares of the company’s stock worth $744,566,000 after buying an additional 1,549,372 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of Gold Fields by 10.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,155,835 shares of the company’s stock worth $94,492,000 after buying an additional 580,546 shares during the last quarter. RWC Asset Management LLP grew its holdings in shares of Gold Fields by 9.2% in the fourth quarter. RWC Asset Management LLP now owns 2,710,910 shares of the company’s stock valued at $35,784,000 after acquiring an additional 227,704 shares in the last quarter. Bamco Inc. NY increased its position in shares of Gold Fields by 4.8% during the third quarter. Bamco Inc. NY now owns 2,018,817 shares of the company’s stock valued at $30,989,000 after acquiring an additional 92,571 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its position in Gold Fields by 8.8% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 1,507,457 shares of the company’s stock worth $21,194,000 after purchasing an additional 122,247 shares during the last quarter. Institutional investors own 24.81% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on the company. Scotiabank lifted their target price on Gold Fields from $18.00 to $20.00 and gave the stock a “sector perform” rating in a research note on Tuesday. JPMorgan Chase & Co. upped their price objective on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a research note on Wednesday, January 15th. Finally, StockNews.com raised Gold Fields from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 21st. Four analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $17.20.

Gold Fields Stock Down 3.8 %

NYSE:GFI opened at $18.39 on Friday. Gold Fields Limited has a twelve month low of $12.34 and a twelve month high of $19.80. The stock has a market cap of $16.46 billion, a P/E ratio of 7.83, a PEG ratio of 0.30 and a beta of 1.15. The business’s 50-day moving average price is $16.32 and its two-hundred day moving average price is $15.60.

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.