Virtu KCG Holdings LLC trimmed its stake in shares of Gold Fields Limited (NYSE:GFI) by 24.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 45,041 shares of the company’s stock after selling 14,425 shares during the period. Virtu KCG Holdings LLC’s holdings in Gold Fields Limited were worth $157,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Global X Management Co. LLC grew its stake in Gold Fields Limited by 1.5% during the second quarter. Global X Management Co. LLC now owns 36,933 shares of the company’s stock valued at $129,000 after acquiring an additional 542 shares in the last quarter. Virtu Financial LLC purchased a new position in Gold Fields Limited during the second quarter valued at $136,000. Trust Co. of Vermont grew its stake in Gold Fields Limited by 209.0% during the second quarter. Trust Co. of Vermont now owns 41,400 shares of the company’s stock valued at $144,000 after acquiring an additional 28,000 shares in the last quarter. Sumitomo Mitsui Asset Management Company LTD purchased a new position in Gold Fields Limited during the second quarter valued at $352,000. Finally, Lazard Asset Management LLC purchased a new position in Gold Fields Limited during the second quarter valued at $393,000. 34.20% of the stock is owned by institutional investors.
Several research firms have commented on GFI. Morgan Stanley lowered shares of Gold Fields Limited from an “equal weight” rating to an “underweight” rating in a research report on Monday, October 9th. Zacks Investment Research upgraded shares of Gold Fields Limited from a “sell” rating to a “hold” rating in a research report on Wednesday, August 30th. Finally, BidaskClub upgraded shares of Gold Fields Limited from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Three analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $3.41.
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Gold Fields Limited (NYSE:GFI) opened at 4.01 on Tuesday. Gold Fields Limited has a 52-week low of $2.60 and a 52-week high of $4.70. The firm’s 50-day moving average is $4.19 and its 200 day moving average is $3.90. The company has a market cap of $3.29 billion, a price-to-earnings ratio of 32.87 and a beta of -1.07.
Gold Fields Limited Profile
Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.
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