Gold Fields Limited (NYSE:GFI) Shares Acquired by Edmond DE Rothschild Holding S.A.

Edmond DE Rothschild Holding S.A. raised its position in shares of Gold Fields Limited (NYSE:GFI) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 48,365 shares of the company’s stock after purchasing an additional 1,583 shares during the period. Edmond DE Rothschild Holding S.A.’s holdings in Gold Fields were worth $638,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Wellington Management Group LLP acquired a new position in shares of Gold Fields during the fourth quarter worth approximately $2,886,000. O Shaughnessy Asset Management LLC raised its stake in Gold Fields by 6.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 91,347 shares of the company’s stock valued at $1,206,000 after acquiring an additional 5,729 shares in the last quarter. Schroder Investment Management Group boosted its position in Gold Fields by 11.3% during the 4th quarter. Schroder Investment Management Group now owns 2,164,906 shares of the company’s stock worth $28,490,000 after acquiring an additional 219,254 shares during the period. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Gold Fields by 177.5% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 110,720 shares of the company’s stock worth $1,462,000 after purchasing an additional 70,821 shares in the last quarter. Finally, Segall Bryant & Hamill LLC acquired a new position in shares of Gold Fields during the fourth quarter valued at $261,000. Institutional investors own 24.81% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on GFI. JPMorgan Chase & Co. increased their target price on shares of Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a research report on Wednesday, January 15th. Scotiabank increased their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the company a “sector perform” rating in a report on Tuesday, February 25th. Finally, StockNews.com raised Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Sunday. Four analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $17.20.

Gold Fields Trading Up 3.0 %

NYSE:GFI opened at $22.75 on Wednesday. The company has a 50-day moving average of $19.24 and a 200-day moving average of $16.56. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $23.02. The firm has a market cap of $20.36 billion, a price-to-earnings ratio of 9.68, a price-to-earnings-growth ratio of 0.30 and a beta of 1.14.

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 given a $0.3752 dividend. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.17. The ex-dividend date was Friday, March 14th. This represents a yield of 1.6%. Gold Fields’s payout ratio is 25.96%.

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.