Lester Murray Antman dba SimplyRich Sells 1,415 Shares of Gold Fields Limited (NYSE:GFI)

Lester Murray Antman dba SimplyRich lessened its stake in shares of Gold Fields Limited (NYSE:GFI) by 8.1% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,992 shares of the company’s stock after selling 1,415 shares during the period. Lester Murray Antman dba SimplyRich’s holdings in Gold Fields were worth $211,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. Bank of Montreal Can lifted its position in Gold Fields by 36.9% during the third quarter. Bank of Montreal Can now owns 263,575 shares of the company’s stock valued at $4,280,000 after purchasing an additional 71,094 shares during the last quarter. CWA Asset Management Group LLC purchased a new stake in shares of Gold Fields during the 3rd quarter valued at about $1,052,000. Massachusetts Financial Services Co. MA lifted its holdings in shares of Gold Fields by 10.4% in the 3rd 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. International Assets Investment Management LLC purchased a new position in Gold Fields in the third quarter worth about $10,600,000. Finally, Range Financial Group LLC bought a new stake in Gold Fields during the fourth quarter worth approximately $770,000. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Stock Performance

Shares of NYSE:GFI opened at $19.36 on Wednesday. The business has a 50 day simple moving average of $15.09 and a two-hundred day simple moving average of $15.34. Gold Fields Limited has a 1 year low of $12.28 and a 1 year high of $19.71.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. JPMorgan Chase & Co. raised their price objective on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a research note on Wednesday, January 15th. Investec upgraded Gold Fields from a “hold” rating to a “buy” rating in a report on Friday, October 18th. Finally, StockNews.com downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, November 5th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $16.45.

Gold Fields 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.