RFG Advisory LLC Buys Shares of 44,488 Gold Fields Limited $GFI

RFG Advisory LLC bought a new stake in shares of Gold Fields Limited (NYSE:GFI) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 44,488 shares of the company’s stock, valued at approximately $1,867,000.

A number of other institutional investors also recently bought and sold shares of the stock. Bridgewater Advisors Inc. boosted its stake in shares of Gold Fields by 1.8% in the second quarter. Bridgewater Advisors Inc. now owns 20,375 shares of the company’s stock worth $516,000 after acquiring an additional 354 shares during the period. CWM LLC raised its holdings in shares of Gold Fields by 24.7% during the 3rd quarter. CWM LLC now owns 2,086 shares of the company’s stock worth $88,000 after acquiring an additional 413 shares in the last quarter. Allworth Financial LP boosted its position in shares of Gold Fields by 31.8% during the 2nd quarter. Allworth Financial LP now owns 2,007 shares of the company’s stock valued at $48,000 after acquiring an additional 484 shares during the last quarter. Park Avenue Securities LLC grew its holdings in shares of Gold Fields by 0.9% in the third quarter. Park Avenue Securities LLC now owns 58,568 shares of the company’s stock valued at $2,458,000 after purchasing an additional 495 shares in the last quarter. Finally, Assetmark Inc. grew its stake in shares of Gold Fields by 34.2% in the 2nd quarter. Assetmark Inc. now owns 2,189 shares of the company’s stock worth $52,000 after buying an additional 558 shares in the last quarter. 24.81% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Zacks Research raised shares of Gold Fields from a “hold” rating to a “strong-buy” rating in a research note on Monday, February 2nd. Morgan Stanley cut shares of Gold Fields from an “equal weight” rating to an “underweight” rating in a report on Friday, January 23rd. Citigroup increased their price objective on Gold Fields from $50.00 to $57.00 and gave the stock a “buy” rating in a research note on Wednesday, November 26th. Wall Street Zen downgraded shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. Finally, Scotiabank lifted their price target on Gold Fields from $47.00 to $61.00 and gave the company a “sector perform” rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Gold Fields has an average rating of “Hold” and a consensus price target of $44.00.

Gold Fields Trading Down 0.3%

Shares of NYSE GFI opened at $55.81 on Wednesday. Gold Fields Limited has a 52 week low of $17.64 and a 52 week high of $61.64. The business’s 50 day moving average price is $47.99 and its 200 day moving average price is $40.98.

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.