107,729 Shares in Gold Fields Limited (NYSE:GFI) Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd bought a new position in Gold Fields Limited (NYSE:GFI) during the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 107,729 shares of the company’s stock, valued at approximately $1,422,000.

A number of other large investors also recently added to or reduced their stakes in GFI. QRG Capital Management Inc. purchased a new position in Gold Fields in the 3rd quarter worth $160,000. Concurrent Investment Advisors LLC increased its position in shares of Gold Fields by 8.3% in the third quarter. Concurrent Investment Advisors LLC now owns 11,100 shares of the company’s stock valued at $170,000 after acquiring an additional 850 shares during the period. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Gold Fields in the third quarter valued at about $209,000. Rhumbline Advisers increased its position in shares of Gold Fields by 4.3% in the fourth quarter. Rhumbline Advisers now owns 17,332 shares of the company’s stock valued at $229,000 after acquiring an additional 720 shares during the period. Finally, Rakuten Securities Inc. increased its position in shares of Gold Fields by 90.7% in the third quarter. Rakuten Securities Inc. now owns 16,562 shares of the company’s stock valued at $254,000 after acquiring an additional 7,879 shares during the period. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Price Performance

Shares of NYSE GFI opened at $18.77 on Wednesday. Gold Fields Limited has a 1 year low of $12.28 and a 1 year high of $19.80. The company’s 50-day moving average is $16.02 and its 200 day moving average is $15.53. The stock has a market capitalization of $16.80 billion, a P/E ratio of 7.99, a P/E/G ratio of 0.30 and a beta of 1.15.

Analysts Set New Price Targets

GFI has been the topic of a number of analyst reports. Scotiabank boosted their price objective on shares of Gold Fields from $18.00 to $20.00 and gave the company a “sector perform” rating in a research report on Tuesday. StockNews.com upgraded shares of Gold Fields from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 21st. Finally, JPMorgan Chase & Co. boosted their price objective 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. Four equities research analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $17.20.

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.