Headlands Technologies LLC Acquires 52,829 Shares of Gold Fields Limited (NYSE:GFI)

Headlands Technologies LLC increased its holdings in shares of Gold Fields Limited (NYSE:GFI) by 572.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 62,063 shares of the company’s stock after buying an additional 52,829 shares during the period. Headlands Technologies LLC’s holdings in Gold Fields were worth $897,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of GFI. Ballentine Partners LLC boosted its position in Gold Fields by 7.6% during the third quarter. Ballentine Partners LLC now owns 11,675 shares of the company’s stock valued at $127,000 after purchasing an additional 821 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Gold Fields by 8.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 771,197 shares of the company’s stock valued at $8,375,000 after buying an additional 63,191 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Gold Fields by 2.7% in the third quarter. Bank of New York Mellon Corp now owns 92,309 shares of the company’s stock valued at $1,002,000 after acquiring an additional 2,459 shares in the last quarter. Mackenzie Financial Corp boosted its stake in Gold Fields by 0.9% in the third quarter. Mackenzie Financial Corp now owns 5,015,942 shares of the company’s stock valued at $53,921,000 after acquiring an additional 43,666 shares in the last quarter. Finally, RWC Asset Advisors US LLC boosted its stake in Gold Fields by 3.1% in the third quarter. RWC Asset Advisors US LLC now owns 10,740,272 shares of the company’s stock valued at $116,639,000 after acquiring an additional 320,066 shares in the last quarter. Institutional investors own 26.02% of the company’s stock.

Analyst Upgrades and Downgrades

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

Gold Fields Trading Up 0.7 %

Shares of Gold Fields stock traded up $0.13 on Friday, reaching $17.53. 3,279,854 shares of the stock were exchanged, compared to its average volume of 4,819,557. The company has a current ratio of 1.25, a quick ratio of 0.70 and a debt-to-equity ratio of 0.22. Gold Fields Limited has a twelve month low of $10.31 and a twelve month high of $18.97. The business has a 50 day moving average price of $15.58 and a two-hundred day moving average price of $14.49.

Gold Fields (NYSE:GFI) last announced its quarterly earnings data on Thursday, February 22nd. The company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.15 by $0.10. As a group, analysts predict that Gold Fields Limited will post 1.53 earnings per share for the current fiscal year.

Gold Fields Increases Dividend

The firm also recently announced 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 is an increase from Gold Fields’s previous semi-annual dividend of $0.17. This represents a yield of 2.5%.

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.