Walser Wealth Management Company A Ltd Liability Co Buys Shares of 19,100 Gold Fields Limited $GFI

Walser Wealth Management Company A Ltd Liability Co bought a new stake in Gold Fields Limited (NYSE:GFI) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 19,100 shares of the company’s stock, valued at approximately $834,000.

Other large investors also recently added to or reduced their stakes in the company. Dorsey Wright & Associates boosted its position in shares of Gold Fields by 3.7% during the fourth quarter. Dorsey Wright & Associates now owns 68,136 shares of the company’s stock worth $2,975,000 after buying an additional 2,407 shares during the period. Compound Planning Inc. raised its holdings in shares of Gold Fields by 4.3% in the 4th quarter. Compound Planning Inc. now owns 32,561 shares of the company’s stock valued at $1,422,000 after buying an additional 1,349 shares during the period. Corient Private Wealth LLC lifted its stake in Gold Fields by 3.5% during the 4th quarter. Corient Private Wealth LLC now owns 49,145 shares of the company’s stock worth $2,083,000 after acquiring an additional 1,665 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Gold Fields by 3.6% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 7,751 shares of the company’s stock worth $338,000 after acquiring an additional 269 shares in the last quarter. Finally, Vident Advisory LLC boosted its holdings in Gold Fields by 35.4% during the 4th quarter. Vident Advisory LLC now owns 133,119 shares of the company’s stock valued at $5,812,000 after acquiring an additional 34,831 shares during the period. 24.81% of the stock is currently owned by institutional investors and hedge funds.

Gold Fields Stock Performance

Gold Fields stock opened at $38.57 on Friday. The company has a quick ratio of 1.33, a current ratio of 1.79 and a debt-to-equity ratio of 0.34. Gold Fields Limited has a twelve month low of $22.40 and a twelve month high of $61.64. The stock’s fifty day simple moving average is $42.29 and its 200-day simple moving average is $46.31.

Wall Street Analyst Weigh In

GFI has been the subject of several research reports. Zacks Research raised Gold Fields from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 28th. Weiss Ratings cut shares of Gold Fields from a “buy (b)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Wall Street Zen lowered shares of Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Monday, April 27th. Canaccord Genuity Group raised shares of Gold Fields from a “hold” rating to a “buy” rating and raised their price objective for the company from $40.25 to $57.25 in a research note on Friday, April 24th. Finally, Scotiabank dropped their price objective on shares of Gold Fields from $61.00 to $60.00 and set a “sector perform” rating for the company in a report on Friday, March 20th. Five investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $49.75.

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.