Gold Fields Limited (NYSE:GFI) gapped down prior to trading on Monday . The stock had previously closed at $4.63, but opened at $4.52. Gold Fields Limited shares last traded at $4.39, with a volume of 4,240,421 shares trading hands.

A number of equities research analysts have issued reports on GFI shares. Goldman Sachs Group, Inc. (The) upgraded Gold Fields Limited from a “sell” rating to a “neutral” rating and cut their target price for the company from $3.44 to $3.41 in a research note on Thursday, June 29th. BidaskClub cut Gold Fields Limited from a “hold” rating to a “sell” rating in a research note on Wednesday, July 5th. Finally, Zacks Investment Research upgraded shares of Gold Fields Limited from a “hold” rating to a “buy” rating and set a $4.25 price objective on the stock in a research note on Tuesday, June 6th. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $3.71.

The firm’s 50 day moving average price is $4.17 and its 200 day moving average price is $3.70. The company has a market cap of $3.61 billion, a price-to-earnings ratio of 36.28 and a beta of -1.04.

The firm also recently disclosed a semiannual dividend, which will be paid on Thursday, September 21st. Shareholders of record on Friday, September 8th will be paid a $0.0303 dividend. This represents a yield of 1.4%. The ex-dividend date is Thursday, September 7th.

Institutional investors have recently bought and sold shares of the business. U S Global Investors Inc. boosted its stake in Gold Fields Limited by 74.3% in the second quarter. U S Global Investors Inc. now owns 26,148 shares of the company’s stock worth $104,000 after purchasing an additional 11,148 shares in the last quarter. Global X Management Co. LLC boosted its stake in Gold Fields Limited by 1.5% in the second quarter. Global X Management Co. LLC now owns 36,933 shares of the company’s stock worth $129,000 after purchasing an additional 542 shares in the last quarter. Virtu Financial LLC acquired a new position in Gold Fields Limited in the second quarter worth $136,000. Trust Co. of Vermont boosted its stake in Gold Fields Limited by 209.0% in the second quarter. Trust Co. of Vermont now owns 41,400 shares of the company’s stock worth $144,000 after purchasing an additional 28,000 shares in the last quarter. Finally, Two Sigma Securities LLC acquired a new position in Gold Fields Limited in the first quarter worth $148,000. 34.04% of the stock is currently owned by institutional investors.

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About Gold Fields Limited

Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.

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