Up Capital Management Inc. Takes Position in Gold Fields Limited $GFI

Up Capital Management Inc. acquired a new stake in shares of Gold Fields Limited (NYSE:GFI) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 127,584 shares of the company’s stock, valued at approximately $5,570,000. Gold Fields comprises about 5.0% of Up Capital Management Inc.’s holdings, making the stock its 7th largest holding.

Other large investors also recently bought and sold shares of the company. CIBC Private Wealth Group LLC lifted its stake in Gold Fields by 47.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company’s stock valued at $36,000 after acquiring an additional 273 shares during the period. Cary Street Partners Investment Advisory LLC bought a new stake in shares of Gold Fields in the third quarter worth approximately $45,000. Bayforest Capital Ltd grew its stake in shares of Gold Fields by 1,106.7% in the fourth quarter. Bayforest Capital Ltd now owns 1,086 shares of the company’s stock worth $47,000 after acquiring an additional 996 shares during the period. Arax Advisory Partners raised its holdings in shares of Gold Fields by 352.6% during the fourth quarter. Arax Advisory Partners now owns 1,136 shares of the company’s stock valued at $50,000 after purchasing an additional 885 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC raised its holdings in shares of Gold Fields by 24.0% during the fourth quarter. Mark Sheptoff Financial Planning LLC now owns 1,552 shares of the company’s stock valued at $68,000 after purchasing an additional 300 shares during the last quarter. 24.81% of the stock is currently owned by institutional investors.

Gold Fields Price Performance

NYSE:GFI opened at $38.57 on Friday. Gold Fields Limited has a one year low of $22.40 and a one year high of $61.64. The business has a fifty day moving average price of $42.08 and a 200-day moving average price of $46.25. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.33 and a current ratio of 1.79.

Analyst Ratings Changes

Several brokerages recently issued reports on GFI. Wall Street Zen cut shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Monday, April 27th. Canaccord Genuity Group raised Gold Fields from a “hold” rating to a “buy” rating and increased their price target for the company from $40.25 to $57.25 in a report on Friday, April 24th. Zacks Research upgraded Gold Fields from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Scotiabank cut their price objective on Gold Fields from $61.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, March 20th. Finally, Weiss Ratings lowered Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $49.75.

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.