Robeco Institutional Asset Management B.V. Has $5.05 Million Stake in Gold Fields Limited (NYSE:GFI)

Robeco Institutional Asset Management B.V. decreased its position in shares of Gold Fields Limited (NYSE:GFI) by 12.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 328,882 shares of the company’s stock after selling 47,626 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Gold Fields were worth $5,048,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of GFI. Hennion & Walsh Asset Management Inc. increased its stake in shares of Gold Fields by 10.4% in the second quarter. Hennion & Walsh Asset Management Inc. now owns 11,538 shares of the company’s stock valued at $172,000 after buying an additional 1,090 shares during the period. Sierra Summit Advisors LLC increased its position in Gold Fields by 8.6% in the 2nd quarter. Sierra Summit Advisors LLC now owns 23,380 shares of the company’s stock valued at $348,000 after acquiring an additional 1,857 shares during the period. DekaBank Deutsche Girozentrale raised its stake in shares of Gold Fields by 1.9% during the third quarter. DekaBank Deutsche Girozentrale now owns 121,770 shares of the company’s stock valued at $1,929,000 after acquiring an additional 2,300 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Gold Fields by 13.2% during the second quarter. Vanguard Personalized Indexing Management LLC now owns 21,319 shares of the company’s stock worth $318,000 after purchasing an additional 2,480 shares during the period. Finally, Atomi Financial Group Inc. grew its stake in shares of Gold Fields by 17.0% in the third quarter. Atomi Financial Group Inc. now owns 19,139 shares of the company’s stock worth $294,000 after purchasing an additional 2,779 shares during the last quarter. Institutional investors own 26.02% of the company’s stock.

Gold Fields Trading Down 2.7 %

GFI stock opened at $15.81 on Friday. Gold Fields Limited has a fifty-two week low of $12.19 and a fifty-two week high of $18.97. The stock has a fifty day moving average of $15.66 and a 200-day moving average of $15.79.

Gold Fields Cuts Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, September 26th. Stockholders of record on Friday, September 13th were given a dividend of $0.1692 per share. The ex-dividend date of this dividend was Friday, September 13th. This represents a dividend yield of 2.2%.

Analyst Upgrades and Downgrades

GFI has been the subject of several analyst reports. Bank of America initiated coverage on Gold Fields in a research report on Monday, September 16th. They set a “buy” rating and a $16.00 target price for the company. StockNews.com lowered Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Tuesday. Scotiabank lowered their price target on shares of Gold Fields from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Monday, August 26th. Finally, Investec raised shares of Gold Fields from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, Gold Fields has a consensus rating of “Hold” and an average target price of $15.93.

Gold Fields Profile

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.