Gold Fields Ltd. (NYSE:GFI) traded down 1.7% during trading on Tuesday . The company traded as low as $5.65 and last traded at $5.66, with a volume of 3,228,797 shares trading hands. The stock had previously closed at $5.76.

A number of research analysts have recently weighed in on the company. JPMorgan Chase & Co. raised Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday. Zacks Investment Research raised Gold Fields from a “sell” rating to a “buy” rating and set a $4.50 price objective on the stock in a report on Tuesday, April 26th. Goldman Sachs Group Inc. raised Gold Fields from a “neutral” rating to a “buy” rating and set a $5.34 price objective on the stock in a report on Friday. Royal Bank Of Canada raised Gold Fields from a “sector perform” rating to an “outperform” rating and increased their price objective for the company from $4.08 to $4.39 in a report on Wednesday, June 22nd. They noted that the move was a valuation call. Finally, Macquarie lowered Gold Fields from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 15th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of C$4.10.

The company’s market cap is $4.38 billion. The company has a 50 day moving average of $4.40 and a 200-day moving average of $3.99.

Other hedge funds have made changes to their positions in the company. Schroder Investment Management Group increased its stake in shares of Gold Fields by 3,665.1% in the fourth quarter. Schroder Investment Management Group now owns 1,995,500 shares of the company’s stock worth $5,528,000 after buying an additional 1,942,500 shares during the period. Dimensional Fund Advisors LP increased its stake in shares of Gold Fields by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,584,396 shares of the company’s stock worth $95,796,000 after buying an additional 732,574 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. Oxford Asset Management acquired a new stake in shares of Gold Fields during the fourth quarter worth about $1,266,000. 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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