Vontobel Holding Ltd. Purchases 925 Shares of Gold Fields Limited (NYSE:GFI)

Vontobel Holding Ltd. grew its position in shares of Gold Fields Limited (NYSE:GFI) by 0.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 616,552 shares of the company’s stock after buying an additional 925 shares during the quarter. Vontobel Holding Ltd.’s holdings in Gold Fields were worth $8,138,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in GFI. Bank of Montreal Can grew its stake in shares of Gold Fields by 36.9% during the third quarter. Bank of Montreal Can now owns 263,575 shares of the company’s stock valued at $4,280,000 after purchasing an additional 71,094 shares during the last quarter. CWA Asset Management Group LLC bought a new stake in shares of Gold Fields during the third quarter valued at approximately $1,052,000. Massachusetts Financial Services Co. MA grew its stake in shares of 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 during the last quarter. International Assets Investment Management LLC bought a new stake in shares of Gold Fields during the third quarter valued at approximately $10,600,000. Finally, Range Financial Group LLC bought a new stake in shares of Gold Fields during the fourth quarter valued at approximately $770,000. 24.81% of the stock is owned by institutional investors.

Gold Fields Stock Down 2.7 %

Shares of GFI stock opened at $18.86 on Friday. Gold Fields Limited has a 52-week low of $12.28 and a 52-week high of $19.71. The firm’s 50 day moving average price is $15.48 and its two-hundred day moving average price is $15.43.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. StockNews.com cut shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 5th. JPMorgan Chase & Co. raised their price objective on shares of Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a research note on Wednesday, January 15th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $16.45.

Gold Fields Company 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.