Gold Fields LTD (GFI) Shares Rose While Majedie Asset Management LTD Decreased Stake

The stake In Gold Fields Ltd (GFI) was reduced held by Majedie Asset Management Ltd. According to 2018Q4 Securities and Exchange form the reduction is 5.2%. The company’s stock popped up 25.65% while Majedie Asset Management Ltd sold 1.31 million shares. The precious metals company at the end of 2018Q4 was valued at $86.26M. It’s down from 25.28M at the end of the previous reported quarter. Now it had 23.97M shares held by the institutional investor . $2.98 billion is Gold Fields Ltd’s MC. Ticker’s shares touched $3.81 during the last trading session after 2.06% change.Gold Fields Limited has volume of 3.56 million shares. Since April 13, 2018 GFI has declined 2.76% and is downtrending. GFI underperformed by 7.13% the S&P 500.

Majedie Asset Management Ltd manages about $1.34B US Long portfolio. It increased its stake in Viacom Inc (NASDAQ:VIAB) by 397,937 shares to 937,704 shares, valued at $24.64M in 2018Q4, according to the filing. Majedie Asset Management Ltd has risen its stake in Frontdoor Inc and also increased its holding in Exxon Mobil Corp (NYSE:XOM) by 145,150 shares in the quarter, for a total of 694,700 shares.

For more Gold Fields Limited (NYSE:GFI) news posted recently go to: Fool.com, Benzinga.com, Seekingalpha.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Why Gold Fields, Vipshop Holdings, and Covia Holdings Slumped Today – The Motley Fool” posted on August 14, 2018, “31 Stocks Moving In Friday’s Pre-Market Session – Benzinga” on February 15, 2019, “Gold Fields Ltd.: Declining Gold Prices Add To The Woes Of South Deep Operations – Seeking Alpha” with a publish date: October 02, 2018, “Gold Fields: Positive Short-Term Momentum, Long-Term Challenges – Seeking Alpha” and the last “Gold Fields Will Play Smart In 2019 And Beyond – Seeking Alpha” with publication date: June 07, 2018.

Gold Fields Limited (NYSE:GFI) Ratings Coverage

A total of 3 analysts rate Gold Fields (NYSE:GFI) as follows: 0 “Buy”, 2 “Hold” and 1 “Sell”. Тherefore 0 are bullish. (NYSE:GFI) has 3 ratings reports on Apr 13, 2019 according to StockzIntelligence. On Thursday, February 21 JP Morgan downgraded Gold Fields Limited (NYSE:GFI) rating. JP Morgan has “Neutral” rating and $4 target. On Thursday, February 21 J.P. Morgan downgraded the shares of GFI in report to “Hold” rating.

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