Lester Murray Antman dba SimplyRich Sells 1,415 Shares of Gold Fields Limited (NYSE:GFI)

Lester Murray Antman dba SimplyRich lowered its position in Gold Fields Limited (NYSE:GFI) by 8.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,992 shares of the company’s stock after selling 1,415 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in Gold Fields were worth $211,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of GFI. Van ECK Associates Corp boosted its stake in shares of Gold Fields by 3.3% during the 3rd quarter. Van ECK Associates Corp now owns 48,505,911 shares of the company’s stock worth $744,566,000 after acquiring an additional 1,549,372 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Gold Fields during the third quarter valued at $9,911,000. Massachusetts Financial Services Co. MA lifted its position in Gold Fields by 10.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,155,835 shares of the company’s stock valued at $94,492,000 after purchasing an additional 580,546 shares in the last quarter. Allspring Global Investments Holdings LLC grew its holdings in Gold Fields by 66.1% during the third quarter. Allspring Global Investments Holdings LLC now owns 1,385,210 shares of the company’s stock valued at $21,263,000 after purchasing an additional 551,210 shares during the period. Finally, Robeco Institutional Asset Management B.V. increased its position in Gold Fields by 78.2% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 585,963 shares of the company’s stock worth $7,735,000 after buying an additional 257,081 shares in the last quarter. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Trading Down 1.0 %

NYSE:GFI opened at $19.36 on Wednesday. The stock has a 50-day moving average price of $15.09 and a 200 day moving average price of $15.34. Gold Fields Limited has a 12-month low of $12.28 and a 12-month high of $19.71.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on GFI shares. JPMorgan Chase & Co. lifted their price objective on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a research report on Wednesday, January 15th. StockNews.com downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, Investec upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a research report on Friday, October 18th. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $16.45.

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.