Gold Fields (NYSE:GFI) Director Jacqueline Elizabeth Mcgill Purchases 500 Shares of Stock

Gold Fields Limited (NYSE:GFI) Director Jacqueline Elizabeth Mcgill acquired 500 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was bought at an average price of $37.70 per share, with a total value of $18,850.00. Following the acquisition, the director directly owned 500 shares of the company’s stock, valued at $18,850. The trade was a ? increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gold Fields Trading Down 1.8%

NYSE GFI opened at $37.88 on Thursday. The stock has a 50-day simple moving average of $43.88 and a 200 day simple moving average of $46.58. The company has a current ratio of 1.79, a quick ratio of 1.33 and a debt-to-equity ratio of 0.34. Gold Fields Limited has a 12 month low of $22.40 and a 12 month high of $61.64.

Institutional Investors Weigh In On Gold Fields

Large investors have recently modified their holdings of the business. Thrivent Financial for Lutherans bought a new stake in shares of Gold Fields in the third quarter worth about $4,314,000. Cibc World Market Inc. increased its holdings in shares of Gold Fields by 1,180.0% in the third quarter. Cibc World Market Inc. now owns 159,101 shares of the company’s stock worth $6,676,000 after acquiring an additional 146,671 shares in the last quarter. AdvisorShares Investments LLC bought a new stake in shares of Gold Fields in the third quarter worth about $1,889,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in shares of Gold Fields by 43.7% in the fourth quarter. Mitsubishi UFJ Trust & Banking Corp now owns 245,035 shares of the company’s stock worth $10,698,000 after acquiring an additional 74,539 shares in the last quarter. Finally, Dorsey Wright & Associates bought a new stake in shares of Gold Fields in the third quarter worth about $2,758,000. 24.81% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

GFI has been the subject of a number of analyst reports. Wall Street Zen cut shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Monday, April 27th. Zacks Research upgraded shares of Gold Fields from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Scotiabank decreased their price objective on shares of Gold Fields from $61.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, March 20th. Finally, Canaccord Genuity Group upgraded shares of Gold Fields from a “hold” rating to a “buy” rating and boosted their price objective for the company from $40.25 to $57.25 in a report on Friday, April 24th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $49.75.

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.