Personal CFO Solutions LLC Invests $442,000 in Gold Fields Limited $GFI

Personal CFO Solutions LLC bought a new position in shares of Gold Fields Limited (NYSE:GFI) during the 3rd quarter, HoldingsChannel reports. The firm bought 10,536 shares of the company’s stock, valued at approximately $442,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GFI. Thrivent Financial for Lutherans purchased a new position in shares of Gold Fields in the third quarter worth about $4,314,000. Summit Global Investments boosted its position in Gold Fields by 91.9% in the third quarter. Summit Global Investments now owns 46,205 shares of the company’s stock valued at $1,939,000 after buying an additional 22,133 shares during the last quarter. AdvisorShares Investments LLC acquired a new position in Gold Fields in the 3rd quarter worth approximately $1,889,000. DJE Kapital AG increased its holdings in Gold Fields by 19.7% in the 2nd quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock worth $105,260,000 after buying an additional 742,174 shares during the period. Finally, Cibc World Market Inc. raised its position in Gold Fields by 1,180.0% during the 3rd quarter. Cibc World Market Inc. now owns 159,101 shares of the company’s stock worth $6,676,000 after buying an additional 146,671 shares during the last quarter. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on GFI. Royal Bank Of Canada dropped their price objective on shares of Gold Fields to $45.00 and set an “outperform” rating on the stock in a report on Monday, November 24th. Scotiabank upped their price target on shares of Gold Fields from $47.00 to $61.00 and gave the company a “sector perform” rating in a report on Monday, January 26th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a research report on Thursday, January 22nd. Citigroup boosted their price objective on Gold Fields from $50.00 to $57.00 and gave the company a “buy” rating in a report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. upped 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. 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. Based on data from MarketBeat.com, Gold Fields currently has a consensus rating of “Hold” and a consensus target price of $44.00.

Gold Fields Stock Up 2.5%

GFI opened at $54.16 on Friday. The company has a fifty day moving average of $49.77 and a two-hundred day moving average of $42.42. Gold Fields Limited has a fifty-two week low of $17.64 and a fifty-two week high of $61.64.

Gold Fields Company 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.