Ruffer LLP Has $5.31 Million Holdings in Gold Fields Limited (NYSE:GFI)

Ruffer LLP raised its position in Gold Fields Limited (NYSE:GFI) by 98.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 402,084 shares of the company’s stock after purchasing an additional 199,886 shares during the quarter. Ruffer LLP’s holdings in Gold Fields were worth $5,308,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. US Bancorp DE boosted its position in shares of Gold Fields by 18.9% during the fourth quarter. US Bancorp DE now owns 11,484 shares of the company’s stock valued at $152,000 after buying an additional 1,829 shares during the last quarter. QRG Capital Management Inc. bought a new stake in shares of Gold Fields during the 3rd quarter valued at $160,000. Concurrent Investment Advisors LLC grew its position in Gold Fields by 8.3% during the third quarter. Concurrent Investment Advisors LLC now owns 11,100 shares of the company’s stock worth $170,000 after buying an additional 850 shares in the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new position in shares of Gold Fields in the 3rd quarter worth about $209,000. Finally, Rhumbline Advisers boosted its holdings in shares of Gold Fields by 4.3% in the 4th quarter. Rhumbline Advisers now owns 17,332 shares of the company’s stock worth $229,000 after purchasing an additional 720 shares in the last quarter. 24.81% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on GFI. JPMorgan Chase & Co. upped their price target on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a research report on Wednesday, January 15th. Scotiabank raised their target price on Gold Fields from $18.00 to $20.00 and gave the stock a “sector perform” rating in a report on Tuesday, February 25th. Finally, StockNews.com cut Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Thursday. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, Gold Fields has a consensus rating of “Hold” and a consensus price target of $17.20.

Gold Fields Stock Up 4.8 %

GFI opened at $20.25 on Friday. Gold Fields Limited has a twelve month low of $12.98 and a twelve month high of $20.40. The company has a 50-day moving average price of $16.99 and a 200 day moving average price of $15.72. The company has a market cap of $18.12 billion, a PE ratio of 8.62, a price-to-earnings-growth ratio of 0.30 and a beta of 1.14.

Gold Fields Increases Dividend

The business also recently announced a semi-annual dividend, which will be paid on Thursday, March 27th. Investors of record on Friday, March 14th will be issued a $0.3752 dividend. This represents a yield of 1.6%. The ex-dividend date is Friday, March 14th. This is an increase from Gold Fields’s previous semi-annual dividend of $0.17. Gold Fields’s dividend payout ratio (DPR) is 11.49%.

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.