Gold Fields Limited $GFI Stock Holdings Trimmed by DJE Kapital AG

DJE Kapital AG trimmed its holdings in Gold Fields Limited (NYSE:GFI) by 29.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,186,462 shares of the company’s stock after selling 1,324,663 shares during the quarter. Gold Fields comprises approximately 3.9% of DJE Kapital AG’s portfolio, making the stock its 9th largest holding. DJE Kapital AG owned approximately 0.36% of Gold Fields worth $142,009,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Xponance LLC acquired a new stake in Gold Fields in the 4th quarter valued at approximately $209,000. SmartHarvest Portfolios LLC purchased a new stake in Gold Fields in the fourth quarter valued at $201,000. Empowered Funds LLC lifted its position in Gold Fields by 5,514.1% in the fourth quarter. Empowered Funds LLC now owns 587,912 shares of the company’s stock valued at $25,668,000 after acquiring an additional 577,440 shares during the last quarter. Fox Run Management L.L.C. purchased a new stake in shares of Gold Fields in the fourth quarter valued at about $506,000. Finally, Cerity Partners LLC raised its holdings in shares of Gold Fields by 67.4% in the fourth quarter. Cerity Partners LLC now owns 26,261 shares of the company’s stock valued at $1,147,000 after buying an additional 10,574 shares during the last quarter. 24.81% of the stock is owned by hedge funds and other institutional investors.

Gold Fields Stock Performance

Shares of GFI stock opened at $35.93 on Friday. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.33 and a current ratio of 1.79. The firm has a fifty day moving average of $43.15 and a 200-day moving average of $46.43. Gold Fields Limited has a 52-week low of $22.40 and a 52-week high of $61.64.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on GFI. Canaccord Genuity Group raised shares of Gold Fields from a “hold” rating to a “buy” rating and increased their target price for the company from $40.25 to $57.25 in a report on Friday, April 24th. Scotiabank reduced their target price on shares of Gold Fields from $61.00 to $60.00 and set a “sector perform” rating on the stock in a report on Friday, March 20th. Wall Street Zen downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 27th. Weiss Ratings lowered shares of Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Finally, Zacks Research raised shares of Gold Fields from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $49.75.

About Gold Fields

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.