RWC Asset Advisors US LLC Has $89.37 Million Holdings in Gold Fields Limited (NYSE:GFI)

RWC Asset Advisors US LLC lowered its holdings in shares of Gold Fields Limited (NYSE:GFI) by 10.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,770,658 shares of the company’s stock after selling 796,109 shares during the quarter. Gold Fields makes up approximately 17.8% of RWC Asset Advisors US LLC’s investment portfolio, making the stock its largest position. RWC Asset Advisors US LLC’s holdings in Gold Fields were worth $89,373,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in GFI. International Assets Investment Management LLC bought a new position in Gold Fields in the third quarter worth approximately $10,600,000. Assenagon Asset Management S.A. purchased a new stake in shares of Gold Fields in the 3rd quarter worth $613,000. DekaBank Deutsche Girozentrale raised its holdings in Gold Fields by 1.9% in the 3rd quarter. DekaBank Deutsche Girozentrale now owns 121,770 shares of the company’s stock worth $1,929,000 after purchasing an additional 2,300 shares during the period. Van ECK Associates Corp lifted its position in Gold Fields by 3.3% during the third quarter. Van ECK Associates Corp now owns 48,505,911 shares of the company’s stock valued at $744,566,000 after purchasing an additional 1,549,372 shares in the last quarter. Finally, QRG Capital Management Inc. bought a new stake in Gold Fields during the third quarter valued at about $160,000. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Stock Down 2.8 %

NYSE GFI opened at $18.67 on Monday. Gold Fields Limited has a twelve month low of $12.28 and a twelve month high of $19.80. The business has a 50-day moving average price of $15.92 and a 200-day moving average price of $15.50. The firm has a market cap of $16.71 billion, a price-to-earnings ratio of 7.94, a price-to-earnings-growth ratio of 0.30 and a beta of 1.15.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on GFI shares. JPMorgan Chase & Co. raised their price objective on Gold Fields from $17.10 to $18.80 and gave the stock a “neutral” rating in a research note on Wednesday, January 15th. StockNews.com raised shares of Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Friday. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $16.45.

Gold Fields Company 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.