Gold Fields Limited (NYSE:GFI) shares reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $2.26 and last traded at $2.28, with a volume of 279339 shares changing hands. The stock had previously closed at $2.32.

Several research firms have issued reports on GFI. HSBC raised Gold Fields from a “hold” rating to a “buy” rating in a report on Friday, August 17th. Scotiabank set a $4.00 price target on Gold Fields and gave the company a “hold” rating in a report on Tuesday, August 14th. Zacks Investment Research raised Gold Fields from a “sell” rating to a “hold” rating in a report on Wednesday, August 8th. Finally, ValuEngine cut Gold Fields from a “hold” rating to a “sell” rating in a report on Friday, August 3rd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $5.02.

The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.84 and a current ratio of 1.09. The stock has a market capitalization of $1.93 billion, a price-to-earnings ratio of 9.54 and a beta of -1.31.

The company also recently disclosed a semiannual dividend, which will be paid on Thursday, September 20th. Shareholders of record on Friday, September 7th will be given a dividend of $0.0141 per share. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, September 6th. Gold Fields’s payout ratio is 8.33%.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Verition Fund Management LLC grew its position in Gold Fields by 139.1% during the 1st quarter. Verition Fund Management LLC now owns 24,810 shares of the company’s stock worth $100,000 after purchasing an additional 14,433 shares in the last quarter. Oxbow Advisors LLC purchased a new position in Gold Fields during the 2nd quarter worth approximately $138,000. First Republic Investment Management Inc. grew its position in Gold Fields by 97.2% during the 1st quarter. First Republic Investment Management Inc. now owns 41,600 shares of the company’s stock worth $167,000 after purchasing an additional 20,500 shares in the last quarter. Tower Research Capital LLC TRC grew its position in Gold Fields by 1,026.6% during the 2nd quarter. Tower Research Capital LLC TRC now owns 82,245 shares of the company’s stock worth $293,000 after purchasing an additional 74,945 shares in the last quarter. Finally, BNP Paribas Arbitrage SA grew its position in Gold Fields by 33.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 139,758 shares of the company’s stock worth $499,000 after purchasing an additional 35,018 shares in the last quarter. Hedge funds and other institutional investors own 34.74% of the company’s stock.

Gold Fields Company Profile (NYSE:GFI)

Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia, and Peru. The company engages in underground and surface gold and surface copper mining and related activities, including exploration, extraction, processing, and smelting. It holds interests in seven operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 49 million ounces and mineral resources of approximately 104 million ounces.

Recommended Story: Exchange-Traded Funds (ETFs)

Receive News & Ratings for Gold Fields Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gold Fields and related companies with MarketBeat.com's FREE daily email newsletter.