12,023 Shares in Gold Fields Limited $GFI Purchased by Outlook Wealth Advisors LLC

Outlook Wealth Advisors LLC purchased a new position in Gold Fields Limited (NYSE:GFI) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 12,023 shares of the company’s stock, valued at approximately $505,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Arrowstreet Capital Limited Partnership lifted its holdings in shares of Gold Fields by 84.7% during the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,549,220 shares of the company’s stock worth $131,350,000 after acquiring an additional 2,545,579 shares during the period. Robeco Institutional Asset Management B.V. increased its position in Gold Fields by 122.6% during the second quarter. Robeco Institutional Asset Management B.V. now owns 3,308,969 shares of the company’s stock worth $78,323,000 after purchasing an additional 1,822,689 shares during the last quarter. Invesco Ltd. increased its position in Gold Fields by 32.9% during the second quarter. Invesco Ltd. now owns 4,919,432 shares of the company’s stock worth $116,443,000 after purchasing an additional 1,217,594 shares during the last quarter. DJE Kapital AG raised its stake in Gold Fields by 19.7% during the second quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock worth $105,260,000 after purchasing an additional 742,174 shares during the period. Finally, Man Group plc boosted its holdings in shares of Gold Fields by 68.4% in the 2nd quarter. Man Group plc now owns 1,394,097 shares of the company’s stock valued at $32,998,000 after purchasing an additional 566,386 shares during the last quarter. Hedge funds and other institutional investors own 24.81% of the company’s stock.

Gold Fields Trading Down 3.0%

NYSE:GFI opened at $51.29 on Thursday. Gold Fields Limited has a one year low of $15.97 and a one year high of $55.39. The business’s 50-day simple moving average is $44.31 and its 200 day simple moving average is $37.96.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. HSBC restated a “hold” rating on shares of Gold Fields in a report on Thursday, October 9th. Zacks Research lowered Gold Fields from a “strong-buy” rating to a “hold” rating in a research note on Monday, December 29th. Wall Street Zen raised Gold Fields from a “buy” rating to a “strong-buy” rating in a research note on Sunday. Weiss Ratings reiterated a “buy (b)” rating on shares of Gold Fields in a report on Wednesday, October 8th. Finally, Scotiabank raised their price target on shares of Gold Fields from $30.00 to $47.00 and gave the company a “sector perform” rating in a report on Thursday, October 23rd. Four investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $42.25.

About Gold Fields

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.