Vontobel Holding Ltd. Has $8.89 Million Position in Gold Fields Limited (NYSE:GFI)

Vontobel Holding Ltd. lifted its stake in shares of Gold Fields Limited (NYSE:GFI) by 1.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 614,660 shares of the company’s stock after acquiring an additional 5,851 shares during the period. Vontobel Holding Ltd. owned 0.07% of Gold Fields worth $8,888,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC lifted its position in shares of Gold Fields by 136.9% during the 4th quarter. SG Americas Securities LLC now owns 221,921 shares of the company’s stock valued at $3,209,000 after acquiring an additional 128,262 shares during the period. Wellington Management Group LLP acquired a new position in shares of Gold Fields during the 3rd quarter valued at $2,046,000. Capricorn Fund Managers Ltd acquired a new position in shares of Gold Fields during the 4th quarter valued at $3,897,000. Seven Eight Capital LP bought a new stake in Gold Fields during the 3rd quarter valued at $165,000. Finally, Advisors Asset Management Inc. increased its stake in Gold Fields by 36.3% during the 3rd quarter. Advisors Asset Management Inc. now owns 71,868 shares of the company’s stock valued at $780,000 after purchasing an additional 19,149 shares in the last quarter. Institutional investors and hedge funds own 26.02% of the company’s stock.

Wall Street Analysts Forecast Growth

GFI has been the subject of a number of recent research reports. BMO Capital Markets lowered shares of Gold Fields from a “market perform” rating to an “underperform” rating and decreased their price target for the company from $14.00 to $12.00 in a research note on Friday, February 2nd. StockNews.com upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a research note on Thursday, March 28th. Scotiabank decreased their price target on shares of Gold Fields from $15.50 to $15.00 and set a “sector perform” rating for the company in a research note on Monday, February 26th. Finally, UBS Group lowered shares of Gold Fields from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 10th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. According to data from MarketBeat, Gold Fields presently has an average rating of “Hold” and a consensus price target of $13.67.

Gold Fields Trading Down 1.0 %

NYSE GFI opened at $17.42 on Wednesday. Gold Fields Limited has a 1 year low of $10.31 and a 1 year high of $18.97. The company has a current ratio of 1.25, a quick ratio of 0.70 and a debt-to-equity ratio of 0.22. The company has a fifty day moving average price of $14.97 and a 200-day moving average price of $14.18.

Gold Fields (NYSE:GFI) last posted its earnings results on Thursday, February 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.15 by $0.10. As a group, sell-side analysts anticipate that Gold Fields Limited will post 1.15 earnings per share for the current year.

Gold Fields Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a dividend of $0.1717 per share. The ex-dividend date of this dividend was Thursday, March 14th. This represents a yield of 2.5%. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.17.

Gold Fields Profile

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.