Themes Management Co LLC Invests $1.26 Million in Gold Fields Limited $GFI

Themes Management Co LLC acquired a new position in shares of Gold Fields Limited (NYSE:GFI) during the fourth quarter, Holdings Channel reports. The fund acquired 28,933 shares of the company’s stock, valued at approximately $1,263,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in GFI. CIBC Private Wealth Group LLC boosted its position in shares of Gold Fields by 47.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 853 shares of the company’s stock worth $36,000 after purchasing an additional 273 shares in the last quarter. Archer Investment Corp bought a new position in Gold Fields in the 3rd quarter valued at about $42,000. Cary Street Partners Investment Advisory LLC bought a new position in Gold Fields in the 3rd quarter valued at about $45,000. Bayforest Capital Ltd lifted its position in Gold Fields by 1,106.7% in the 4th quarter. Bayforest Capital Ltd now owns 1,086 shares of the company’s stock valued at $47,000 after acquiring an additional 996 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in Gold Fields by 2,152.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,252 shares of the company’s stock valued at $50,000 after acquiring an additional 2,152 shares in the last quarter. Institutional investors own 24.81% of the company’s stock.

Gold Fields Trading Down 0.1%

Shares of GFI stock opened at $39.47 on Tuesday. The company has a 50 day moving average of $44.43 and a 200-day moving average of $46.64. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.33 and a current ratio of 1.79. Gold Fields Limited has a 12-month low of $21.80 and a 12-month high of $61.64.

Gold Fields Announces Dividend

The business also recently declared a special dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, March 13th were paid a dividend of $1.4419 per share. The ex-dividend date was Friday, March 13th. This represents a dividend yield of 633.0%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen cut shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research report on Monday, April 27th. Scotiabank dropped their price target on shares of Gold Fields from $61.00 to $60.00 and set a “sector perform” rating on the stock in a research report on Friday, March 20th. Zacks Research cut shares of Gold Fields from a “hold” rating to a “strong sell” rating in a research report on Wednesday, April 29th. Finally, Canaccord Genuity Group raised shares of Gold Fields from a “hold” rating to a “buy” rating and raised their price target for the company from $40.25 to $57.25 in a research report on Friday, April 24th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Gold Fields has a consensus rating of “Hold” and an average price target of $49.75.

Gold Fields Company Profile

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.