Gold Fields Limited (NYSE:GFI) Shares Sold by Harbour Capital Advisors LLC

Harbour Capital Advisors LLC cut its holdings in Gold Fields Limited (NYSE:GFI) by 1.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 55,585 shares of the company’s stock after selling 725 shares during the period. Harbour Capital Advisors LLC’s holdings in Gold Fields were worth $777,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in GFI. QRG Capital Management Inc. acquired a new stake in shares of Gold Fields in the third quarter valued at approximately $160,000. Concurrent Investment Advisors LLC grew its holdings in Gold Fields by 8.3% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 11,100 shares of the company’s stock valued at $170,000 after buying an additional 850 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in Gold Fields during the third quarter worth $209,000. MQS Management LLC acquired a new position in shares of Gold Fields in the second quarter worth $225,000. Finally, Rakuten Securities Inc. boosted its stake in shares of Gold Fields by 90.7% during the third quarter. Rakuten Securities Inc. now owns 16,562 shares of the company’s stock valued at $254,000 after acquiring an additional 7,879 shares during the last quarter. 24.81% of the stock is owned by institutional investors and hedge funds.

Gold Fields Stock Performance

NYSE:GFI traded down $0.07 during trading hours on Monday, reaching $14.66. 2,319,460 shares of the company were exchanged, compared to its average volume of 2,169,863. The stock has a 50 day simple moving average of $14.35 and a 200 day simple moving average of $15.24. Gold Fields Limited has a 52-week low of $12.28 and a 52-week high of $18.97.

Analysts Set New Price Targets

Several research analysts recently weighed in on GFI shares. StockNews.com downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. decreased their target price on shares of Gold Fields from $18.00 to $17.10 and set a “neutral” rating on the stock in a research report on Friday, December 6th. Investec raised shares of Gold Fields from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Finally, Bank of America began coverage on Gold Fields in a research note on Monday, September 16th. They set a “buy” rating and a $16.00 price target on the stock. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $16.03.

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.