CWA Asset Management Group LLC Has $5.87 Million Stock Holdings in Gold Fields Limited $GFI

CWA Asset Management Group LLC boosted its stake in shares of Gold Fields Limited (NYSE:GFI) by 11.9% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 139,785 shares of the company’s stock after buying an additional 14,850 shares during the period. CWA Asset Management Group LLC’s holdings in Gold Fields were worth $5,865,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of GFI. Amundi increased its position in shares of Gold Fields by 17.8% during the first quarter. Amundi now owns 3,661,529 shares of the company’s stock worth $82,934,000 after acquiring an additional 554,160 shares in the last quarter. Millennium Management LLC lifted its position in Gold Fields by 20.3% in the 1st quarter. Millennium Management LLC now owns 191,482 shares of the company’s stock valued at $4,230,000 after acquiring an additional 32,343 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Gold Fields by 2,152.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock worth $50,000 after purchasing an additional 2,152 shares during the period. Dynamic Technology Lab Private Ltd bought a new position in Gold Fields during the 1st quarter worth about $236,000. Finally, Jones Financial Companies Lllp acquired a new stake in shares of Gold Fields in the 1st quarter valued at about $268,000. Institutional investors own 24.81% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on GFI shares. Investec lowered Gold Fields from a “buy” rating to a “hold” rating in a report on Friday, October 10th. JPMorgan Chase & Co. boosted their target price on Gold Fields from $62.00 to $64.00 and gave the company an “overweight” rating in a research note on Wednesday, December 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a research report on Wednesday, October 8th. Zacks Research lowered shares of Gold Fields from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 29th. Finally, Canaccord Genuity Group cut shares of Gold Fields from a “buy” rating to a “hold” rating and set a $39.00 target price for the company. in a report on Monday, October 13th. Four equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $42.13.

Gold Fields Stock Performance

Shares of GFI opened at $43.44 on Monday. Gold Fields Limited has a 1-year low of $13.80 and a 1-year high of $47.60. The company’s fifty day simple moving average is $41.86 and its 200 day simple moving average is $35.82.

Gold Fields Profile

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.