Gold Fields Limited (NYSE:GFI) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. boosted its stake in shares of Gold Fields Limited (NYSE:GFI) by 6.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,976,004 shares of the company’s stock after acquiring an additional 178,973 shares during the quarter. American Century Companies Inc. owned about 0.33% of Gold Fields worth $39,283,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of GFI. Net Worth Advisory Group acquired a new stake in shares of Gold Fields during the fourth quarter worth $136,000. Signaturefd LLC lifted its stake in shares of Gold Fields by 19.1% in the 4th quarter. Signaturefd LLC now owns 10,304 shares of the company’s stock worth $136,000 after acquiring an additional 1,656 shares during the period. Sequoia Financial Advisors LLC purchased a new stake in shares of Gold Fields in the fourth quarter valued at about $141,000. US Bancorp DE increased its stake in shares of Gold Fields by 18.9% during the fourth quarter. US Bancorp DE now owns 11,484 shares of the company’s stock worth $152,000 after acquiring an additional 1,829 shares during the period. Finally, Rhumbline Advisers raised its holdings in Gold Fields by 4.3% during the fourth quarter. Rhumbline Advisers now owns 17,332 shares of the company’s stock worth $229,000 after purchasing an additional 720 shares in the last quarter. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Gold Fields Price Performance

GFI opened at $20.95 on Friday. Gold Fields Limited has a 1-year low of $12.98 and a 1-year high of $22.18. The stock has a market cap of $18.75 billion, a P/E ratio of 8.91, a P/E/G ratio of 0.30 and a beta of 1.14. The stock’s 50 day simple moving average is $18.83 and its 200 day simple moving average is $16.34.

Gold Fields Increases Dividend

The company also recently declared a semi-annual dividend, which was paid on Thursday, March 27th. Stockholders of record on Friday, March 14th were given a $0.3752 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a dividend yield of 1.6%. This is a boost from Gold Fields’s previous semi-annual dividend of $0.17. Gold Fields’s dividend payout ratio (DPR) is currently 25.96%.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on GFI shares. StockNews.com lowered Gold Fields from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 22nd. JPMorgan Chase & Co. upped their price objective on Gold Fields from $17.10 to $18.80 and gave the stock a “neutral” rating in a report on Wednesday, January 15th. Finally, Scotiabank raised their target price on Gold Fields from $18.00 to $20.00 and gave the company a “sector perform” rating in a report on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $17.20.

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.