Gold Fields Limited (NYSE:GFI) Stock Holdings Boosted by Man Group plc

Man Group plc lifted its position in shares of Gold Fields Limited (NYSE:GFI) by 119.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,417,329 shares of the company’s stock after acquiring an additional 772,928 shares during the period. Man Group plc’s holdings in Gold Fields were worth $18,709,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. FCA Corp TX bought a new position in shares of Gold Fields during the fourth quarter worth about $108,000. Net Worth Advisory Group bought a new position in shares of Gold Fields during the fourth quarter worth about $136,000. Signaturefd LLC grew its position in shares of Gold Fields by 19.1% during the fourth quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock worth $136,000 after acquiring an additional 1,656 shares during the last quarter. Sequoia Financial Advisors LLC bought a new position in shares of Gold Fields during the fourth quarter worth about $141,000. Finally, US Bancorp DE grew its position in shares of Gold Fields by 18.9% during the fourth quarter. US Bancorp DE now owns 11,484 shares of the company’s stock worth $152,000 after acquiring an additional 1,829 shares during the last quarter. Institutional investors own 24.81% of the company’s stock.

Gold Fields Stock Down 0.9%

GFI stock opened at $20.60 on Friday. Gold Fields Limited has a fifty-two week low of $12.98 and a fifty-two week high of $25.52. The company has a market capitalization of $18.44 billion, a P/E ratio of 8.77, a PEG ratio of 0.30 and a beta of 0.57. The company has a 50-day simple moving average of $21.89 and a 200 day simple moving average of $18.01.

Gold Fields Increases Dividend

The firm also recently declared a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 14th were issued a $0.3752 dividend. This represents a yield of 1.6%. This is an increase from Gold Fields’s previous semi-annual dividend of $0.17. The ex-dividend date of this dividend was Friday, March 14th. Gold Fields’s dividend payout ratio is presently 25.96%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on GFI shares. Scotiabank upped their price target on shares of Gold Fields from $20.00 to $23.00 and gave the stock a “sector perform” rating in a research report on Monday, April 14th. HSBC reaffirmed a “hold” rating and issued a $21.00 price objective on shares of Gold Fields in a report on Thursday, April 17th. StockNews.com downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Wednesday, May 7th. Finally, Hsbc Global Res raised shares of Gold Fields to a “hold” rating in a report on Thursday, April 17th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, Gold Fields currently has a consensus rating of “Hold” and a consensus target price of $18.56.

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.