Headlands Technologies LLC Has $897,000 Stake in Gold Fields Limited (NYSE:GFI)

Headlands Technologies LLC increased its holdings in shares of Gold Fields Limited (NYSE:GFI) by 572.1% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 62,063 shares of the company’s stock after purchasing an additional 52,829 shares during the period. Headlands Technologies LLC’s holdings in Gold Fields were worth $897,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC raised its stake in Gold Fields by 136.9% during the 4th quarter. SG Americas Securities LLC now owns 221,921 shares of the company’s stock valued at $3,209,000 after purchasing an additional 128,262 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Gold Fields during the third quarter valued at about $2,046,000. Capricorn Fund Managers Ltd acquired a new position in Gold Fields in the 4th quarter valued at approximately $3,897,000. Seven Eight Capital LP acquired a new position in Gold Fields in the 3rd quarter valued at approximately $165,000. Finally, Advisors Asset Management Inc. raised its holdings in Gold Fields by 36.3% in the 3rd quarter. Advisors Asset Management Inc. now owns 71,868 shares of the company’s stock valued at $780,000 after acquiring an additional 19,149 shares in the last quarter. Institutional investors and hedge funds own 26.02% of the company’s stock.

Gold Fields Stock Up 0.7 %

Gold Fields stock traded up $0.13 during mid-day trading on Friday, hitting $17.53. The stock had a trading volume of 3,279,854 shares, compared to its average volume of 4,819,557. The stock has a 50-day simple moving average of $15.58 and a two-hundred day simple moving average of $14.49. Gold Fields Limited has a 12 month low of $10.31 and a 12 month high of $18.97. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.25 and a quick ratio of 0.70.

Gold Fields (NYSE:GFI) last issued its earnings results on Thursday, February 22nd. The company reported $0.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.10. On average, research analysts expect that Gold Fields Limited will post 1.53 earnings per share for the current year.

Gold Fields Increases Dividend

The business also recently declared a semi-annual dividend, which was paid on Thursday, March 28th. Stockholders of record on Friday, March 15th were given a $0.1717 dividend. This is a positive change from Gold Fields’s previous semi-annual dividend of $0.17. This represents a dividend yield of 2.5%. The ex-dividend date was Thursday, March 14th.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on GFI shares. StockNews.com upgraded shares of Gold Fields from a “hold” rating to a “buy” rating in a research note on Thursday, March 28th. UBS Group lowered Gold Fields from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 10th. Scotiabank reduced their target price on shares of Gold Fields from $15.50 to $15.00 and set a “sector perform” rating on the stock in a research note on Monday, February 26th. Finally, BMO Capital Markets cut shares of Gold Fields from a “market perform” rating to an “underperform” rating and dropped their target price for the stock from $14.00 to $12.00 in a research report on Friday, February 2nd. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat, Gold Fields has an average rating of “Hold” and an average price target of $13.67.

About Gold Fields

Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.