Shares of Gold Fields Limited (NYSE:GFI) have received an average rating of “Hold” from the six research firms that are currently covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $6.00.
GFI has been the subject of a number of analyst reports. Royal Bank of Canada reissued a “sector perform” rating on shares of Gold Fields in a research report on Friday, August 16th. JPMorgan Chase & Co. decreased their target price on shares of Gold Fields from $6.20 to $6.00 and set a “neutral” rating for the company in a research report on Thursday, September 12th. ValuEngine cut shares of Gold Fields from a “buy” rating to a “hold” rating in a research report on Wednesday, August 21st. Finally, Zacks Investment Research cut shares of Gold Fields from a “buy” rating to a “hold” rating in a research report on Thursday, September 5th.
NYSE:GFI traded up $0.23 during midday trading on Monday, reaching $5.17. 17,379,674 shares of the stock traded hands, compared to its average volume of 9,587,800. Gold Fields has a 12-month low of $2.39 and a 12-month high of $6.29. The business has a 50-day moving average of $5.55 and a two-hundred day moving average of $4.71. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.90 and a current ratio of 1.61. The stock has a market capitalization of $4.28 billion, a PE ratio of 73.86 and a beta of -1.05.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Atria Investments LLC raised its holdings in shares of Gold Fields by 2.9% in the second quarter. Atria Investments LLC now owns 58,848 shares of the company’s stock worth $348,000 after buying an additional 1,657 shares during the last quarter. FDx Advisors Inc. raised its holdings in shares of Gold Fields by 4.1% in the second quarter. FDx Advisors Inc. now owns 47,064 shares of the company’s stock worth $255,000 after buying an additional 1,867 shares during the last quarter. We Are One Seven LLC raised its holdings in shares of Gold Fields by 41.2% in the second quarter. We Are One Seven LLC now owns 15,692 shares of the company’s stock worth $84,000 after buying an additional 4,577 shares during the last quarter. Wrapmanager Inc. raised its holdings in shares of Gold Fields by 27.4% in the second quarter. Wrapmanager Inc. now owns 24,706 shares of the company’s stock worth $134,000 after buying an additional 5,320 shares during the last quarter. Finally, Profund Advisors LLC raised its holdings in shares of Gold Fields by 5.2% in the second quarter. Profund Advisors LLC now owns 115,914 shares of the company’s stock worth $627,000 after buying an additional 5,710 shares during the last quarter. 43.08% of the stock is owned by institutional investors and hedge funds.
About Gold Fields
Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, and Peru. It holds interests in 7 operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 49 million ounces and mineral resources of approximately 104 million ounces.
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