DJE Kapital AG Purchases Shares of 2,563,879 Gold Fields Limited (NYSE:GFI)

DJE Kapital AG purchased a new stake in shares of Gold Fields Limited (NYSE:GFI) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 2,563,879 shares of the company’s stock, valued at approximately $33,486,000. DJE Kapital AG owned about 0.29% of Gold Fields at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of GFI. Van ECK Associates Corp boosted its position in Gold Fields by 3.3% during the third quarter. Van ECK Associates Corp now owns 48,505,911 shares of the company’s stock valued at $744,566,000 after acquiring an additional 1,549,372 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Gold Fields during the third quarter valued at $9,911,000. Massachusetts Financial Services Co. MA boosted its position in Gold Fields by 10.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 6,155,835 shares of the company’s stock valued at $94,492,000 after acquiring an additional 580,546 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Gold Fields by 78.2% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 585,963 shares of the company’s stock valued at $7,735,000 after acquiring an additional 257,081 shares during the last quarter. Finally, RWC Asset Management LLP boosted its position in Gold Fields by 9.2% during the fourth quarter. RWC Asset Management LLP now owns 2,710,910 shares of the company’s stock valued at $35,784,000 after acquiring an additional 227,704 shares during the last quarter. Institutional investors own 24.81% of the company’s stock.

Gold Fields Trading Down 2.6 %

Shares of NYSE GFI opened at $17.93 on Monday. The firm’s 50-day moving average price is $16.41 and its 200-day moving average price is $15.62. Gold Fields Limited has a 1-year low of $12.82 and a 1-year high of $19.80. The firm has a market capitalization of $16.05 billion, a P/E ratio of 7.63, a P/E/G ratio of 0.30 and a beta of 1.15.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on GFI. JPMorgan Chase & Co. upped their price objective on shares of Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a report on Wednesday, January 15th. Scotiabank upped 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 upgraded shares of Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Friday, February 21st. Four research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Gold Fields currently has an average rating of “Moderate Buy” and an average price target of $17.20.

Gold Fields Company 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.