Y Intercept Hong Kong Ltd Invests $1.42 Million in Gold Fields Limited (NYSE:GFI)

Y Intercept Hong Kong Ltd bought a new position in Gold Fields Limited (NYSE:GFIFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 107,729 shares of the company’s stock, valued at approximately $1,422,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in GFI. QRG Capital Management Inc. bought a new position in shares of Gold Fields in the third quarter worth approximately $160,000. Concurrent Investment Advisors LLC lifted its stake in shares of Gold Fields by 8.3% in the third quarter. Concurrent Investment Advisors LLC now owns 11,100 shares of the company’s stock worth $170,000 after buying an additional 850 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG bought a new position in shares of Gold Fields in the third quarter worth approximately $209,000. Rhumbline Advisers lifted its stake in shares of Gold Fields by 4.3% in the fourth quarter. Rhumbline Advisers now owns 17,332 shares of the company’s stock worth $229,000 after buying an additional 720 shares in the last quarter. Finally, Rakuten Securities Inc. lifted its stake in shares of Gold Fields by 90.7% in the third quarter. Rakuten Securities Inc. now owns 16,562 shares of the company’s stock worth $254,000 after buying an additional 7,879 shares in the last quarter. Institutional investors own 24.81% of the company’s stock.

Analyst Upgrades and Downgrades

GFI has been the subject of several research reports. JPMorgan Chase & Co. boosted their price objective on shares of Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a report 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, February 21st. Finally, Scotiabank boosted their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the company a “sector perform” rating in a report on Tuesday. Four investment analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $17.20.

Read Our Latest Research Report on Gold Fields

Gold Fields Trading Down 2.7 %

Shares of GFI stock opened at $18.77 on Wednesday. Gold Fields Limited has a 12 month low of $12.28 and a 12 month high of $19.80. The stock has a market cap of $16.80 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.30 and a beta of 1.15. The company has a 50 day simple moving average of $16.02 and a two-hundred day simple moving average of $15.53.

About Gold Fields

(Free Report)

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.

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Institutional Ownership by Quarter for Gold Fields (NYSE:GFI)

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