XTX Topco Ltd Acquires Shares of 121,700 Gold Fields Limited $GFI

XTX Topco Ltd acquired a new stake in Gold Fields Limited (NYSE:GFI) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 121,700 shares of the company’s stock, valued at approximately $2,881,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Penserra Capital Management LLC purchased a new position in Gold Fields during the second quarter valued at approximately $26,000. IFP Advisors Inc boosted its position in Gold Fields by 672.1% in the 2nd quarter. IFP Advisors Inc now owns 1,552 shares of the company’s stock worth $37,000 after purchasing an additional 1,351 shares in the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Gold Fields during the 1st quarter worth approximately $44,000. FNY Investment Advisers LLC purchased a new position in shares of Gold Fields during the 2nd quarter valued at approximately $47,000. Finally, SVB Wealth LLC acquired a new position in shares of Gold Fields in the 1st quarter valued at $48,000. 24.81% of the stock is owned by institutional investors and hedge funds.

Gold Fields Trading Up 0.4%

GFI stock opened at $40.74 on Wednesday. Gold Fields Limited has a 12-month low of $12.98 and a 12-month high of $47.18. The business’s 50-day moving average is $40.60 and its 200 day moving average is $31.76.

Analysts Set New Price Targets

Several analysts recently commented on GFI shares. Weiss Ratings restated a “buy (b)” rating on shares of Gold Fields in a research report on Wednesday, October 8th. Capital One Financial set a $32.00 target price on Gold Fields in a research report on Friday, August 22nd. HSBC restated a “hold” rating on shares of Gold Fields in a research note on Thursday, October 9th. Royal Bank Of Canada dropped their price objective on Gold Fields to $45.00 and set an “outperform” rating on the stock in a report on Monday. Finally, Scotiabank boosted their price objective on Gold Fields from $30.00 to $47.00 and gave the company a “sector perform” rating in a research report on Thursday, October 23rd. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $41.00.

About Gold Fields

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.