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14 hedge funds buy Gold Fields Limited (GFI) for the first time - Post Analyst

Thursday, 15 November 2018

Gold Fields Limited (NYSE:GFI) has made a 27.68% comeback from a 12-month low price of $2.2. It was seen 2.18% higher, changing the price to $2.81, when the closing bell rang on 11/14/2018. At recent session, the prices were hovering between $2.7 and $2.84. This company shares are 26.33% off its target price of $3.55 and the current market capitalization stands at $2.37B. The recent change has given its price a 7.19% lead over SMA 50 and -38.11% deficit over its 52-week high. The stock witnessed -3.77% declines, 13.31% gains and -22.38% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GFI’s volatility during a week at 4.02% and during a month it has been found around 4.01%.

Gold Fields Limited (GFI) Top Holders

Institutional investors currently hold around $858 million or 40.8% in GFI stock. Look at its top three institutional owners. Van Eck Associates Corp owns $297.72 million in Gold Fields Limited, which represents roughly 12.56% of the company’s market cap and approximately 34.7% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 38,856,552 shares of the stock are valued at $106.86 million. The third largest holder is Donald Smith & Co., Inc., which currently holds $85.76 million worth of this stock and that ownership represents nearly 3.62% of its market capitalization.

Gold Fields Limited 13F Filings

At the end of September reporting period, 60 institutional holders increased their position in Gold Fields Limited (NYSE:GFI) by some 39,668,215 shares, 60 decreased positions by 22,661,032 and 27 held positions by 249,669,269. That puts total institutional holdings at 311,998,516 shares, according to SEC filings. The stock grabbed 14 new institutional investments totaling 1,629,703 shares while 24 institutional investors sold out their entire positions totaling 5,066,168 shares.

Gold Fields Limited (GFI) Analyst Guide

Several analysts have released their opinion on Gold Fields Limited (NYSE:GFI), with 1 analysts believing it is a strong buy. Whereas 1 of them predict the stock is a hold. Also, there are 2 buy, 0 sell and 0 strong sell ratings, collectively assigning a 2 average brokerage recommendation.

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