8,200 Shares in Gold Fields Limited (NYSE:GFI) Bought by FCA Corp TX

FCA Corp TX purchased a new position in shares of Gold Fields Limited (NYSE:GFI) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 8,200 shares of the company’s stock, valued at approximately $108,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Net Worth Advisory Group purchased a new stake in Gold Fields during the 4th quarter valued at approximately $136,000. Signaturefd LLC lifted its stake in shares of Gold Fields by 19.1% during the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock worth $136,000 after purchasing an additional 1,656 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of Gold Fields during the 4th quarter worth $141,000. US Bancorp DE raised its position in shares of Gold Fields by 18.9% in 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 during the period. Finally, B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Gold Fields in the 3rd quarter worth $209,000. 24.81% of the stock is owned by hedge funds and other institutional investors.

Gold Fields Stock Performance

Gold Fields stock opened at $21.56 on Friday. The firm has a market cap of $19.30 billion, a price-to-earnings ratio of 9.17, a price-to-earnings-growth ratio of 0.30 and a beta of 1.14. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $22.18. The firm’s 50 day moving average price is $18.38 and its two-hundred day moving average price is $16.16.

Gold Fields Increases Dividend

The company also recently disclosed a semi-annual dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be given a dividend of $0.3752 per share. This represents a yield of 1.6%. This is a boost from Gold Fields’s previous semi-annual dividend of $0.17. The ex-dividend date is Friday, March 14th. Gold Fields’s payout ratio is presently 25.53%.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on GFI. JPMorgan Chase & Co. increased their target price on Gold Fields from $17.10 to $18.80 and gave the stock a “neutral” rating in a research report on Wednesday, January 15th. StockNews.com downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Finally, Scotiabank raised their target price on 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 given a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average price target 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.