Eurizon Capital SGR S.p.A. Makes New Investment in Gold Fields Limited $GFI

Eurizon Capital SGR S.p.A. purchased a new stake in shares of Gold Fields Limited (NYSE:GFI) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 56,571 shares of the company’s stock, valued at approximately $2,487,000.

Several other institutional investors have also recently made changes to their positions in the company. Foundations Investment Advisors LLC purchased a new position in shares of Gold Fields during the fourth quarter valued at $836,000. Employees Retirement System of Texas purchased a new position in shares of Gold Fields during the fourth quarter valued at $1,979,000. Themes Management Co LLC purchased a new position in shares of Gold Fields during the fourth quarter valued at $1,263,000. Fisher Asset Management LLC purchased a new position in shares of Gold Fields during the fourth quarter valued at $214,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Gold Fields by 64.0% during the fourth quarter. Hantz Financial Services Inc. now owns 23,276 shares of the company’s stock valued at $1,016,000 after buying an additional 9,082 shares during the period. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Trading Up 1.1%

GFI opened at $38.43 on Wednesday. The business’s 50-day moving average is $43.95 and its two-hundred day moving average is $46.63. Gold Fields Limited has a 1 year low of $22.40 and a 1 year high of $61.64. The company has a current ratio of 1.79, a quick ratio of 1.33 and a debt-to-equity ratio of 0.34.

Analysts Set New Price Targets

Several equities analysts have recently commented on GFI shares. Zacks Research upgraded Gold Fields from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Wall Street Zen lowered Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 27th. Canaccord Genuity Group upgraded Gold Fields from a “hold” rating to a “buy” rating and raised their price target for the company from $40.25 to $57.25 in a research note on Friday, April 24th. Finally, Scotiabank cut their price target on Gold Fields from $61.00 to $60.00 and set a “sector perform” rating on the stock in a research note on Friday, March 20th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $49.75.

Gold Fields Company 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.