Leonteq Securities AG Makes New $893,000 Investment in Gold Fields Limited $GFI

Leonteq Securities AG bought a new position in shares of Gold Fields Limited (NYSE:GFI) during the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 20,464 shares of the company’s stock, valued at approximately $893,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. ABN Amro Investment Solutions boosted its stake in Gold Fields by 23.5% during the 4th quarter. ABN Amro Investment Solutions now owns 41,629 shares of the company’s stock worth $1,818,000 after purchasing an additional 7,909 shares during the last quarter. IFP Advisors Inc boosted its stake in Gold Fields by 7,457.4% during the 4th quarter. IFP Advisors Inc now owns 492,365 shares of the company’s stock worth $21,497,000 after purchasing an additional 485,850 shares during the last quarter. Fairtree Asset Management Pty Ltd boosted its stake in Gold Fields by 30.3% during the 4th quarter. Fairtree Asset Management Pty Ltd now owns 53,704 shares of the company’s stock worth $2,345,000 after purchasing an additional 12,496 shares during the last quarter. PNC Financial Services Group Inc. boosted its stake in Gold Fields by 13.6% during the 4th quarter. PNC Financial Services Group Inc. now owns 12,517 shares of the company’s stock worth $546,000 after purchasing an additional 1,503 shares during the last quarter. Finally, Gamco Investors INC. ET AL boosted its stake in Gold Fields by 0.6% during the 4th quarter. Gamco Investors INC. ET AL now owns 55,520 shares of the company’s stock worth $2,424,000 after purchasing an additional 320 shares during the last quarter. Institutional investors and hedge funds own 24.81% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on GFI shares. Wall Street Zen cut shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 27th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Gold Fields in a research note on Thursday, January 22nd. Zacks Research cut shares of Gold Fields from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Canaccord Genuity Group raised shares of Gold Fields from a “hold” rating to a “buy” rating and boosted their price target for the company from $40.25 to $57.25 in a research report on Friday, April 24th. Finally, Scotiabank lowered their price target on shares of Gold Fields from $61.00 to $60.00 and set a “sector perform” rating on the stock in a research report on Friday, March 20th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $49.75.

Gold Fields Trading Down 1.4%

Shares of GFI stock opened at $40.10 on Friday. The company’s 50-day moving average price is $44.89 and its 200-day moving average price is $46.60. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.79 and a quick ratio of 1.33. Gold Fields Limited has a twelve month low of $21.57 and a twelve month high of $61.64.

Gold Fields Announces Dividend

The company also recently declared a special dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 13th were given a dividend of $1.4419 per share. The ex-dividend date of this dividend was Friday, March 13th. This represents a dividend yield of 633.0%.

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.