Dimensional Fund Advisors LP Sells 23,215 Shares of Gold Fields Limited $GFI

Dimensional Fund Advisors LP lessened its position in shares of Gold Fields Limited (NYSE:GFI) by 0.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,577,912 shares of the company’s stock after selling 23,215 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Gold Fields were worth $233,991,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Penserra Capital Management LLC purchased a new position in Gold Fields in the second quarter worth $26,000. Country Trust Bank acquired a new stake in shares of Gold Fields in the 2nd quarter worth $26,000. Archer Investment Corp purchased a new position in Gold Fields during the 3rd quarter worth $42,000. Cary Street Partners Investment Advisory LLC purchased a new position in Gold Fields during the 3rd quarter worth $45,000. Finally, Allworth Financial LP increased its position in Gold Fields by 31.8% during the 2nd quarter. Allworth Financial LP now owns 2,007 shares of the company’s stock valued at $48,000 after buying an additional 484 shares in the last quarter. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on GFI. Weiss Ratings reiterated a “buy (b)” rating on shares of Gold Fields in a research note on Thursday, January 22nd. Scotiabank boosted their price target on Gold Fields from $47.00 to $61.00 and gave the stock a “sector perform” rating in a research note on Monday, January 26th. JPMorgan Chase & Co. upped their price objective on shares of Gold Fields from $64.00 to $65.00 and gave the company an “overweight” rating in a report on Tuesday, January 20th. Wall Street Zen raised shares of Gold Fields from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 21st. Finally, Zacks Research upgraded shares of Gold Fields from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $44.00.

Gold Fields Stock Performance

Shares of GFI stock opened at $50.35 on Friday. The business has a fifty day moving average of $51.69 and a 200 day moving average of $44.13. Gold Fields Limited has a 1 year low of $19.35 and a 1 year high of $61.64.

About Gold Fields

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.