U S Global Investors Inc. grew its stake in Gold Fields Limited (JSE:GFI) by 120.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,549 shares of the basic materials company’s stock after purchasing an additional 31,401 shares during the quarter. U S Global Investors Inc.’s holdings in Gold Fields were worth $248,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Anchor Bolt Capital LP raised its position in shares of Gold Fields by 51.0% in the third quarter. Anchor Bolt Capital LP now owns 12,659,944 shares of the basic materials company’s stock valued at $54,564,000 after purchasing an additional 4,277,512 shares during the period. Jane Street Group LLC bought a new position in shares of Gold Fields in the third quarter valued at about $16,117,000. AMP Capital Investors Ltd bought a new position in shares of Gold Fields in the third quarter valued at about $1,236,000. Finally, Caisse DE Depot ET Placement DU Quebec bought a new position in shares of Gold Fields in the third quarter valued at about $1,197,000.
Gold Fields Limited (JSE:GFI) opened at $5,209.00 on Tuesday. Gold Fields Limited has a 1-year low of $3,680.00 and a 1-year high of $6,094.00.
A number of equities analysts recently commented on GFI shares. Zacks Investment Research raised shares of Gold Fields from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th. BidaskClub raised shares of Gold Fields from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Finally, Morgan Stanley lowered shares of Gold Fields from an “equal weight” rating to an “underweight” rating in a research report on Monday, October 9th. Three research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $3.88.
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About Gold Fields
Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.
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