Gold Fields Ltd. (NYSE:GFI) gapped down before the market opened on Wednesday . The stock had previously closed at $5.23, but opened at $5.27. Gold Fields shares last traded at $5.43, with a volume of 3,908,156 shares trading hands.

Several equities research analysts recently issued reports on the company. Zacks Investment Research lowered Gold Fields from a “hold” rating to a “sell” rating in a research note on Tuesday. Goldman Sachs Group Inc. raised Gold Fields from a “sell” rating to a “neutral” rating in a research note on Monday, June 27th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Gold Fields in a research note on Friday, March 11th. Finally, Macquarie lowered Gold Fields from an “outperform” rating to a “neutral” rating in a research note on Tuesday, March 15th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of C$3.79.

The firm’s 50-day moving average price is $4.26 and its 200 day moving average price is $3.92. The stock’s market cap is $4.26 billion.

A number of large investors recently modified their holdings of the stock. Oxford Asset Management bought a new stake in shares of Gold Fields during the fourth quarter worth about $1,266,000. Commerzbank Aktiengesellschaft FI increased its stake in shares of Gold Fields by 12.7% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 2,276,586 shares of the company’s stock worth $6,306,000 after buying an additional 256,791 shares during the period. Alps Advisors Inc. increased its stake in shares of Gold Fields by 33.1% in the fourth quarter. Alps Advisors Inc. now owns 1,410,465 shares of the company’s stock worth $3,907,000 after buying an additional 350,466 shares during the period. Gabelli Funds LLC increased its stake in shares of Gold Fields by 620.0% in the fourth quarter. Gabelli Funds LLC now owns 720,000 shares of the company’s stock worth $1,994,000 after buying an additional 620,000 shares during the period. Finally, GAM Holding AG increased its stake in shares of Gold Fields by 23.5% in the fourth quarter. GAM Holding AG now owns 2,301,555 shares of the company’s stock worth $6,374,000 after buying an additional 438,010 shares during the period.

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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