Segall Bryant & Hamill LLC Purchases Shares of 13,900 Gold Fields Limited $GFI

Segall Bryant & Hamill LLC acquired a new stake in shares of Gold Fields Limited (NYSE:GFI) in the third quarter, HoldingsChannel.com reports. The fund acquired 13,900 shares of the company’s stock, valued at approximately $583,000.

A number of other large investors have also added to or reduced their stakes in GFI. Millennium Management LLC raised its position in shares of Gold Fields by 20.3% during the 1st quarter. Millennium Management LLC now owns 191,482 shares of the company’s stock valued at $4,230,000 after buying an additional 32,343 shares in the last quarter. NewEdge Advisors LLC grew its holdings in shares of Gold Fields by 2,152.0% in the first quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock worth $50,000 after purchasing an additional 2,152 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of Gold Fields in the first quarter worth about $236,000. Jones Financial Companies Lllp purchased a new position in Gold Fields in the 1st quarter worth about $268,000. Finally, Envestnet Asset Management Inc. increased its holdings in Gold Fields by 17.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 428,929 shares of the company’s stock worth $10,152,000 after purchasing an additional 63,371 shares during the period. Institutional investors own 24.81% of the company’s stock.

Gold Fields Trading Up 0.5%

Shares of GFI opened at $50.35 on Friday. Gold Fields Limited has a one year low of $19.35 and a one year high of $61.64. The stock has a 50 day moving average price of $51.69 and a 200 day moving average price of $44.02.

Wall Street Analyst Weigh In

A number of brokerages recently commented on GFI. Royal Bank Of Canada reduced their price objective on shares of Gold Fields to $45.00 and set an “outperform” rating for the company in a research note on Monday, November 24th. Zacks Research upgraded shares of Gold Fields from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. Wall Street Zen upgraded shares of Gold Fields from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 21st. JPMorgan Chase & Co. boosted their target price on Gold Fields from $64.00 to $65.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 20th. Finally, Morgan Stanley downgraded Gold Fields from an “equal weight” rating to an “underweight” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $44.00.

Gold Fields Profile

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.