Gold Fields Ltd. (NYSE:GFI) shares fell 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 changing hands. The stock had previously closed at $5.76.

Several analysts recently weighed in on the company. Zacks Investment Research downgraded Gold Fields from a “hold” rating to a “sell” rating in a research note on Tuesday, July 5th. Goldman Sachs Group Inc. downgraded Gold Fields from a “neutral” rating to a “sell” rating in a research note on Thursday, March 24th. JPMorgan Chase & Co. upgraded Gold Fields from an “underweight” rating to a “neutral” rating in a research note on Tuesday. Finally, Royal Bank Of Canada upgraded Gold Fields from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $4.08 to $4.39 in a research note on Wednesday, June 22nd. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Gold Fields has an average rating of “Hold” and an average target price of C$4.45.

The company has a 50 day moving average price of $4.52 and a 200 day moving average price of $4.02. The stock’s market capitalization is $4.61 billion.

Other hedge funds have recently modified their holdings of the company. Oxford Asset Management purchased a new stake in shares of Gold Fields during the fourth quarter worth approximately $1,266,000. Schroder Investment Management Group raised its stake in 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 valued at $5,528,000 after buying an additional 1,942,500 shares during the last quarter. Gabelli Funds LLC raised its stake in Gold Fields by 620.0% in the fourth quarter. Gabelli Funds LLC now owns 720,000 shares of the company’s stock valued at $1,994,000 after buying an additional 620,000 shares during the last quarter. GAM Holding AG raised its stake in Gold Fields by 23.5% in the fourth quarter. GAM Holding AG now owns 2,301,555 shares of the company’s stock valued at $6,374,000 after buying an additional 438,010 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Gold Fields by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,584,396 shares of the company’s stock valued at $95,796,000 after buying an additional 732,574 shares during the last quarter.

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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