Gold Fields Limited (NYSE:GFI) Shares Acquired by Schroder Investment Management Group

Schroder Investment Management Group increased its position in shares of Gold Fields Limited (NYSE:GFI) by 11.3% in the fourth quarter, HoldingsChannel reports. The firm owned 2,164,906 shares of the company’s stock after acquiring an additional 219,254 shares during the quarter. Schroder Investment Management Group’s holdings in Gold Fields were worth $28,490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of GFI. FCA Corp TX purchased a new position in Gold Fields during the 4th quarter worth approximately $108,000. Net Worth Advisory Group purchased a new position in shares of Gold Fields during the fourth quarter worth $136,000. Signaturefd LLC raised its holdings in shares of Gold Fields by 19.1% during the fourth quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock worth $136,000 after purchasing an additional 1,656 shares during the last quarter. Sequoia Financial Advisors LLC acquired a new position in Gold Fields during the fourth quarter valued at $141,000. Finally, US Bancorp DE boosted its holdings in Gold Fields by 18.9% in the fourth quarter. US Bancorp DE now owns 11,484 shares of the company’s stock valued at $152,000 after purchasing an additional 1,829 shares during the last quarter. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Wall Street Analyst Weigh In

GFI has been the subject of several analyst reports. StockNews.com raised Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Sunday. JPMorgan Chase & Co. boosted their price target on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a report on Wednesday, January 15th. Finally, Scotiabank raised their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the stock a “sector perform” rating in a research note on Tuesday, February 25th. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, Gold Fields has a consensus rating of “Moderate Buy” and an average price target of $17.20.

Gold Fields Stock Up 3.0 %

Shares of Gold Fields stock opened at $22.75 on Wednesday. The firm has a market cap of $20.36 billion, a PE ratio of 9.68, a P/E/G ratio of 0.30 and a beta of 1.14. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $23.02. The business has a 50-day moving average price of $19.24 and a 200 day moving average price of $16.56.

Gold Fields Increases Dividend

The firm also recently announced a semi-annual dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were paid a dividend of $0.3752 per share. This represents a dividend yield of 1.6%. This is an increase from Gold Fields’s previous semi-annual dividend of $0.17. The ex-dividend date of this dividend was Friday, March 14th. Gold Fields’s dividend payout ratio is presently 25.96%.

Gold Fields 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.