Gold Fields Limited (NYSE:GFI) Stake Boosted by Blue Trust Inc.

Blue Trust Inc. increased its position in shares of Gold Fields Limited (NYSE:GFI) by 67.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 4,053 shares of the company’s stock after purchasing an additional 1,627 shares during the period. Blue Trust Inc.’s holdings in Gold Fields were worth $90,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in Gold Fields by 21.0% during the first quarter. GAMMA Investing LLC now owns 3,742 shares of the company’s stock worth $83,000 after purchasing an additional 649 shares during the last quarter. Parallel Advisors LLC lifted its stake in Gold Fields by 24.1% during the first quarter. Parallel Advisors LLC now owns 6,695 shares of the company’s stock worth $148,000 after purchasing an additional 1,298 shares during the last quarter. FCA Corp TX bought a new position in Gold Fields during the fourth quarter worth $108,000. Janney Montgomery Scott LLC bought a new position in Gold Fields during the first quarter worth $203,000. Finally, Net Worth Advisory Group bought a new position in Gold Fields during the fourth quarter worth $136,000. 24.81% of the stock is currently owned by institutional investors.

Gold Fields Stock Performance

GFI stock opened at $24.02 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.73 and a current ratio of 1.14. The stock has a market capitalization of $21.50 billion, a price-to-earnings ratio of 10.22, a PEG ratio of 0.26 and a beta of 0.55. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $26.36. The stock’s fifty day moving average is $23.11 and its two-hundred day moving average is $19.74.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the company. Hsbc Global Res upgraded Gold Fields to a “hold” rating in a research note on Thursday, April 17th. HSBC restated a “hold” rating and set a $21.00 price objective on shares of Gold Fields in a research note on Thursday, April 17th. Wall Street Zen cut Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 30th. Finally, Scotiabank raised their target price on Gold Fields from $20.00 to $23.00 and gave the company a “sector perform” rating in a research note on Monday, April 14th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, Gold Fields presently has an average rating of “Hold” and an average price target of $18.56.

About Gold Fields

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.