Segall Bryant & Hamill LLC Takes Position in Gold Fields Limited (NYSE:GFI)

Segall Bryant & Hamill LLC purchased a new position in shares of Gold Fields Limited (NYSE:GFI) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 19,800 shares of the company’s stock, valued at approximately $261,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. FCA Corp TX acquired a new stake in shares of Gold Fields in the 4th quarter worth $108,000. Net Worth Advisory Group acquired a new stake in Gold Fields in the fourth quarter valued at about $136,000. Signaturefd LLC boosted its holdings in Gold Fields by 19.1% in the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock valued at $136,000 after purchasing an additional 1,656 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in Gold Fields during the 4th quarter worth approximately $141,000. Finally, US Bancorp DE raised its stake in shares of Gold Fields by 18.9% during the 4th quarter. US Bancorp DE now owns 11,484 shares of the company’s stock worth $152,000 after buying an additional 1,829 shares in the last quarter. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Gold Fields Trading Up 4.6 %

Shares of NYSE GFI opened at $21.92 on Friday. The company’s 50-day moving average price is $18.97 and its 200 day moving average price is $16.40. Gold Fields Limited has a 52 week low of $12.98 and a 52 week high of $22.80. The stock has a market cap of $19.62 billion, a price-to-earnings ratio of 9.33, a PEG ratio of 0.30 and a beta of 1.14.

Gold Fields Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a $0.3752 dividend. The ex-dividend date was Friday, March 14th. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.17. This represents a dividend yield of 1.6%. Gold Fields’s dividend payout ratio is currently 25.96%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the company. StockNews.com downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 22nd. JPMorgan Chase & Co. upped their price target on shares of Gold Fields from $17.10 to $18.80 and gave the stock a “neutral” rating in a research note on Wednesday, January 15th. Finally, Scotiabank raised their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the company a “sector perform” rating in a research note on Tuesday, February 25th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $17.20.

Gold Fields 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.