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40.1% of Gold Fields Limited (GFI) is owned by Hedge funds - Post Analyst

Monday, 19 March 2018

Gold Fields Limited (NYSE:GFI) recovered 21.9% of its value since hitting low of $3.06. The recent move of 0% drop pushed the stock to close at $3.73 when trading ended on 03/16/2018. At recent session, the prices were hovering between $3.68 and $3.765. This company shares are 20.38% off its target price of $4.49 and the current market capitalization stands at $3.07B. The recent change has given its price a -8.86% deficit over SMA 50 and -20.64% deficit over its 52-week high. The stock witnessed -9.47% declines, -2.61% declines and -15.61% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GFI’s volatility during a week at 2.59% and during a month it has been found around 3.1%.

Gold Fields Limited (GFI) Top Holders

Institutional investors currently hold around $1.04 billion or 40.1% in GFI stock. Look at its top three institutional owners. Van Eck Associates Corp owns $323.52 million in Gold Fields Limited, which represents roughly 10.54% of the company’s market cap and approximately 31.2% of the institutional ownership. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 36,823,103 shares of the stock are valued at $137.35 million. The third largest holder is Majedie Asset Management Ltd, which currently holds $75.01 million worth of this stock and that ownership represents nearly 2.44% of its market capitalization.

Gold Fields Limited 13F Filings

At the end of 12/31/2017 reporting period, 57 institutional holders increased their position in Gold Fields Limited (NYSE:GFI) by some 44,422,897 shares, 75 decreased positions by 43,857,937 and 28 held positions by 189,844,687. That puts total institutional holdings at 278,125,521 shares, according to SEC filings. The stock grabbed 22 new institutional investments totaling 18,889,209 shares while 19 institutional investors sold out their entire positions totaling 2,418,224 shares.

Gold Fields Limited (GFI) Analyst Guide

Several analysts have released their opinion on Gold Fields Limited (NYSE:GFI), with 1 analysts believing it is a strong buy. Whereas 0 of them predict the stock is a hold. Also, there are 0 buy, 1 sell and 1 strong sell ratings, collectively assigning a 3.33 average brokerage recommendation.


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