TD Waterhouse Canada Inc. Purchases 87,746 Shares of Gold Fields Limited $GFI

TD Waterhouse Canada Inc. increased its position in Gold Fields Limited (NYSE:GFI) by 4,874.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 89,546 shares of the company’s stock after purchasing an additional 87,746 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Gold Fields were worth $2,124,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in GFI. Clark Capital Management Group Inc. bought a new position in Gold Fields in the first quarter worth $49,186,000. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Gold Fields by 122.6% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 3,308,969 shares of the company’s stock valued at $78,323,000 after buying an additional 1,822,689 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in shares of Gold Fields in the 1st quarter worth about $30,914,000. DJE Kapital AG increased its stake in shares of Gold Fields by 19.7% in the 2nd quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock worth $105,260,000 after acquiring an additional 742,174 shares in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in Gold Fields by 169.4% during the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 931,777 shares of the company’s stock valued at $20,583,000 after acquiring an additional 585,950 shares during the period. 24.81% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently commented on GFI. Scotiabank boosted their price objective on shares of Gold Fields from $30.00 to $47.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 23rd. Citigroup started coverage on Gold Fields in a research report on Tuesday, October 28th. They issued a “buy” rating and a $50.00 price target on the stock. Zacks Research upgraded Gold Fields from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 4th. Canaccord Genuity Group lowered Gold Fields from a “buy” rating to a “hold” rating and set a $39.00 price objective for the company. in a research report on Monday, October 13th. Finally, HSBC reissued a “hold” rating on shares of Gold Fields in a report on Thursday, October 9th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $40.43.

Gold Fields Stock Up 1.7%

Shares of NYSE:GFI opened at $38.59 on Friday. Gold Fields Limited has a 1 year low of $12.98 and a 1 year high of $47.18. The stock’s fifty day moving average price is $40.53 and its 200-day moving average price is $31.38.

Gold Fields Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, September 25th. Stockholders of record on Friday, September 12th were issued a dividend of $0.3993 per share. This represents a dividend yield of 130.0%. The ex-dividend date of this dividend was Friday, September 12th. This is a boost from Gold Fields’s previous semi-annual dividend of $0.38.

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.