Jane Street Group LLC purchased a new stake in shares of Gold Fields Limited (JSE:GFI) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,739,373 shares of the basic materials company’s stock, valued at approximately $16,117,000. Jane Street Group LLC owned approximately 0.46% of Gold Fields as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently made changes to their positions in the company. Anchor Bolt Capital LP boosted its holdings in Gold Fields by 51.0% in the third quarter. Anchor Bolt Capital LP now owns 12,659,944 shares of the basic materials company’s stock worth $54,564,000 after purchasing an additional 4,277,512 shares during the last quarter. AMP Capital Investors Ltd purchased a new stake in Gold Fields in the third quarter worth approximately $1,236,000. Finally, Caisse DE Depot ET Placement DU Quebec purchased a new stake in Gold Fields in the third quarter worth approximately $1,197,000.
Several equities research analysts recently issued reports on GFI shares. BidaskClub upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a report on Wednesday, August 23rd. Zacks Investment Research upgraded shares of Gold Fields from a “sell” rating to a “hold” rating in a report on Wednesday, August 30th. Finally, Morgan Stanley cut shares of Gold Fields from an “equal weight” rating to an “underweight” rating in a report on Monday, October 9th. Three investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $3.88.
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Gold Fields Company 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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