Signaturefd LLC Has $136,000 Stock Position in Gold Fields Limited (NYSE:GFI)

Signaturefd LLC raised its position in Gold Fields Limited (NYSE:GFI) by 19.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,304 shares of the company’s stock after purchasing an additional 1,656 shares during the quarter. Signaturefd LLC’s holdings in Gold Fields were worth $136,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its holdings in shares of Gold Fields by 10.4% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 6,155,835 shares of the company’s stock valued at $94,492,000 after buying an additional 580,546 shares during the last quarter. Amundi lifted its stake in Gold Fields by 7.3% in the fourth quarter. Amundi now owns 3,107,369 shares of the company’s stock valued at $44,684,000 after acquiring an additional 211,333 shares during the last quarter. RWC Asset Management LLP grew its position in Gold Fields by 9.2% in the fourth quarter. RWC Asset Management LLP now owns 2,710,910 shares of the company’s stock worth $35,784,000 after acquiring an additional 227,704 shares in the last quarter. DJE Kapital AG bought a new stake in Gold Fields in the fourth quarter worth approximately $33,486,000. Finally, Bamco Inc. NY increased its stake in shares of Gold Fields by 4.8% during the 3rd quarter. Bamco Inc. NY now owns 2,018,817 shares of the company’s stock worth $30,989,000 after purchasing an additional 92,571 shares during the last quarter. 24.81% of the stock is owned by institutional investors and hedge funds.

Gold Fields Trading Down 1.4 %

Shares of NYSE:GFI opened at $21.56 on Monday. The business’s 50 day moving average is $18.38 and its 200-day moving average is $16.18. The firm has a market capitalization of $19.30 billion, a PE ratio of 9.17, a PEG 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.

Gold Fields Increases Dividend

The firm also recently declared a semi-annual dividend, which will be paid on Thursday, March 27th. Shareholders of record on Friday, March 14th will be issued a $0.3752 dividend. This represents a yield of 1.6%. The ex-dividend date of this dividend is Friday, March 14th. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.17. Gold Fields’s payout ratio is 25.53%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on GFI shares. StockNews.com downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Saturday. JPMorgan Chase & Co. boosted their target price on Gold Fields from $17.10 to $18.80 and gave the stock a “neutral” rating in a report on Wednesday, January 15th. Finally, Scotiabank upped their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 25th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $17.20.

About Gold Fields

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.