Gold Fields Limited (NYSE:GFI) Shares Purchased by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC grew its position in shares of Gold Fields Limited (NYSE:GFI) by 8.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,507,457 shares of the company’s stock after purchasing an additional 122,247 shares during the period. Allspring Global Investments Holdings LLC owned 0.17% of Gold Fields worth $21,194,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. QRG Capital Management Inc. acquired a new stake in Gold Fields during the third quarter worth approximately $160,000. Concurrent Investment Advisors LLC boosted its holdings in shares of 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 purchasing an additional 850 shares during the last quarter. B. Metzler seel. Sohn & Co. Holding AG purchased a new stake in shares of Gold Fields in the third quarter valued at $209,000. Rakuten Securities Inc. increased its stake in Gold Fields by 90.7% in the third quarter. Rakuten Securities Inc. now owns 16,562 shares of the company’s stock valued at $254,000 after purchasing an additional 7,879 shares during the last quarter. Finally, Atomi Financial Group Inc. lifted its position in Gold Fields by 10.5% during the fourth quarter. Atomi Financial Group Inc. now owns 21,153 shares of the company’s stock worth $279,000 after buying an additional 2,014 shares during the period. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Gold Fields Stock Down 2.7 %

NYSE GFI opened at $18.86 on Friday. The business’s 50-day simple moving average is $15.48 and its 200-day simple moving average is $15.43. Gold Fields Limited has a 1-year low of $12.28 and a 1-year high of $19.71.

Analysts Set New Price Targets

Several analysts have commented on the company. JPMorgan Chase & Co. lifted their price target on Gold Fields from $17.10 to $18.80 and gave the company a “neutral” rating in a report on Wednesday, January 15th. StockNews.com lowered shares of 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 given a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price 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.