Hantz Financial Services Inc. Buys 10,309 Shares of Gold Fields Limited $GFI

Hantz Financial Services Inc. grew its stake in shares of Gold Fields Limited (NYSE:GFI) by 265.4% during the third quarter, Holdings Channel.com reports. The institutional investor owned 14,194 shares of the company’s stock after acquiring an additional 10,309 shares during the quarter. Hantz Financial Services Inc.’s holdings in Gold Fields were worth $596,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Arrowstreet Capital Limited Partnership raised its position in shares of Gold Fields by 84.7% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 5,549,220 shares of the company’s stock valued at $131,350,000 after acquiring an additional 2,545,579 shares during the period. Invesco Ltd. increased its stake in Gold Fields by 32.9% in the second quarter. Invesco Ltd. now owns 4,919,432 shares of the company’s stock valued at $116,443,000 after purchasing an additional 1,217,594 shares in the last quarter. DJE Kapital AG increased its stake in Gold Fields by 19.7% in the second quarter. DJE Kapital AG now owns 4,511,125 shares of the company’s stock valued at $105,260,000 after purchasing an additional 742,174 shares in the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in Gold Fields by 32.1% in the third quarter. Robeco Institutional Asset Management B.V. now owns 4,371,211 shares of the company’s stock worth $183,416,000 after purchasing an additional 1,062,242 shares during the period. Finally, American Century Companies Inc. boosted its position in shares of Gold Fields by 5.5% during the second quarter. American Century Companies Inc. now owns 3,327,085 shares of the company’s stock worth $78,752,000 after purchasing an additional 172,239 shares in the last quarter. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Gold Fields Price Performance

Shares of Gold Fields stock opened at $53.49 on Friday. The business’s 50 day simple moving average is $47.44 and its 200 day simple moving average is $40.43. Gold Fields Limited has a 52-week low of $17.64 and a 52-week high of $61.64.

Analysts Set New Price Targets

A number of analysts recently commented on GFI shares. Royal Bank Of Canada lowered their price objective on shares of Gold Fields to $45.00 and set an “outperform” rating for the company in a research report on Monday, November 24th. JPMorgan Chase & Co. boosted their target price on Gold Fields from $64.00 to $65.00 and gave the company an “overweight” rating in a research note on Tuesday, January 20th. Morgan Stanley downgraded Gold Fields from an “equal weight” rating to an “underweight” rating in a report on Friday, January 23rd. Zacks Research upgraded Gold Fields from a “hold” rating to a “strong-buy” rating in a report on Monday, February 2nd. Finally, Wall Street Zen lowered Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Saturday, January 31st. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $44.00.

About Gold Fields

Gold Fields (NYSE: GFI) is a Johannesburg‑based gold mining company that operates as an international producer of gold. Listed on multiple exchanges and traded in the United States via American Depositary Receipts under the ticker GFI, the company focuses on the exploration, development, extraction and processing of gold-bearing ore and the sale of refined gold products. Its operations span several regions, serving global bullion markets and supplying gold for both investment and industrial uses.

The company’s core activities include mine development and underground and open‑pit mining, ore treatment and refining, and ongoing exploration to replace reserves.