Banque Cantonale Vaudoise Sells 8,884 Shares of Gold Fields Limited (NYSE:GFI)

Posted by on Jul 6th, 2023

Banque Cantonale Vaudoise lowered its stake in Gold Fields Limited (NYSE:GFI – Free Report) by 31.6% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 19,250 shares of the company’s stock after selling 8,884 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Gold Fields were worth $256,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ronald Blue Trust Inc. raised its holdings in shares of Gold Fields by 2.6% during the fourth quarter. Ronald Blue Trust Inc. now owns 51,651 shares of the company’s stock valued at $418,000 after acquiring an additional 1,325 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of Gold Fields by 100.8% during the second quarter. Captrust Financial Advisors now owns 2,741 shares of the company’s stock valued at $25,000 after acquiring an additional 1,376 shares in the last quarter. Ethic Inc. raised its holdings in shares of Gold Fields by 5.3% during the third quarter. Ethic Inc. now owns 28,671 shares of the company’s stock valued at $232,000 after acquiring an additional 1,453 shares in the last quarter. Profund Advisors LLC grew its stake in Gold Fields by 1.9% in the fourth quarter. Profund Advisors LLC now owns 80,693 shares of the company’s stock worth $835,000 after purchasing an additional 1,523 shares during the period. Finally, Signaturefd LLC grew its stake in Gold Fields by 21.6% in the fourth quarter. Signaturefd LLC now owns 8,697 shares of the company’s stock worth $90,000 after purchasing an additional 1,542 shares during the period. Institutional investors own 23.58% of the company’s stock.

Gold Fields Price Performance

NYSE GFI opened at $13.64 on Thursday. Gold Fields Limited has a 12 month low of $7.03 and a 12 month high of $17.78. The stock’s fifty day moving average price is $15.17 and its 200-day moving average price is $12.98. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.29 and a quick ratio of 1.33.

Analysts Set New Price Targets

Several brokerages recently weighed in on GFI. StockNews.com raised Gold Fields from a “hold” rating to a “buy” rating in a research note on Friday, June 30th. JPMorgan Chase & Co. cut Gold Fields from a “neutral” rating to an “underweight” rating in a research note on Friday, May 5th. HSBC cut Gold Fields from a “hold” rating to a “reduce” rating in a research note on Wednesday, May 3rd. Finally, Investec cut Gold Fields from a “buy” rating to a “hold” rating in a research note on Monday, April 17th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.50.

Gold Fields Profile

(Free Report)

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in nine operating mines, as well as gold mineral reserves and mineral resources. The company was founded in 1887 and is based in Sandton, South Africa.

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Institutional Ownership by Quarter for Gold Fields (NYSE:GFI)

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