Northern Trust Corp Has $4.45 Million Position in Gold Fields Limited (NYSE:GFI)


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Northern Trust Corp cut its holdings in Gold Fields Limited (NYSE:GFI) by 1.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 479,823 shares of the company’s stock after selling 6,301 shares during the quarter. Northern Trust Corp’s holdings in Gold Fields were worth $4,448,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. lifted its stake in Gold Fields by 26.7% in the third quarter. Sei Investments Co. now owns 555,999 shares of the company’s stock valued at $6,833,000 after acquiring an additional 117,317 shares during the last quarter. Mercer Global Advisors Inc. ADV acquired a new stake in Gold Fields in the third quarter valued at approximately $192,000. International Assets Investment Management LLC acquired a new stake in Gold Fields in the fourth quarter valued at approximately $79,000. RWC Asset Advisors US LLC lifted its stake in Gold Fields by 26.8% in the fourth quarter. RWC Asset Advisors US LLC now owns 6,265,797 shares of the company’s stock valued at $58,084,000 after acquiring an additional 1,323,879 shares during the last quarter. Finally, HighTower Advisors LLC acquired a new stake in Gold Fields in the fourth quarter valued at approximately $764,000. Hedge funds and other institutional investors own 34.35% of the company’s stock.

GFI has been the subject of a number of analyst reports. Zacks Investment Research cut shares of Gold Fields from a “buy” rating to a “hold” rating in a research note on Thursday, March 11th. The Goldman Sachs Group began coverage on shares of Gold Fields in a research report on Thursday, February 11th. They issued a “neutral” rating on the stock. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $12.51.

NYSE:GFI opened at $9.48 on Wednesday. Gold Fields Limited has a 12 month low of $6.24 and a 12 month high of $14.90. The company’s 50 day moving average is $9.41 and its 200-day moving average is $9.98. The firm has a market cap of $8.41 billion, a price-to-earnings ratio of 22.57, a P/E/G ratio of 0.23 and a beta of 0.48.

The business also recently announced a semi-annual dividend, which was paid on Thursday, March 25th. Investors of record on Friday, March 12th were given a dividend of $0.2183 per share. The ex-dividend date was Thursday, March 11th. This represents a yield of 3%. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.09. Gold Fields’s payout ratio is 80.95%.

Gold Fields Profile

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Australia, and Peru. It holds interests in nine operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 51.3 million ounces and mineral resources of approximately 115.7 million ounces.

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Institutional Ownership by Quarter for Gold Fields (NYSE:GFI)

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