According to 2018Q4 SEC filling the Majedie Asset Management Ltd decreased its holdings in Gold Fields Ltd (GFI) by 5.2%. The company’s stock rose 25.65% with the market as Majedie Asset Management Ltd sold 1.31M shares. At the end of 2018Q4, the institutional investor held 23.97 million shares of the precious metals company, priced at $86.26 million, down from 25.28 million at the end of the previous reported quarter. $2.98 billion is the MC of Gold Fields Ltd. The stock decreased 2.06% or $0.08 during the last trading session, reaching $3.81.Currently Gold Fields Limited is downtrending after 2.76% change in last April 13, 2018. GFI has also 3.56 million shares volume. The stock underperformed the S&P 500 by 7.13%.
About $1.34B US Long portfolio Majedie Asset Management Ltd manages. According to a filing the fund rose its stake in Exxon Mobil Corp (NYSE:XOM) by 145,150 shares to 694,700 shares, valued at $48.44M in 2018Q4. For a total of 937,704 shares it increased its holding in Viacom Inc (NASDAQ:VIAB) by 397,937 shares in the quarter, and has risen its stake in Guess Inc (NYSE:GES).
For more Gold Fields Limited (NYSE:GFI) news published recently go to: Seekingalpha.com, Nasdaq.com, Fool.com, Seekingalpha.com or Seekingalpha.com. The titles are as follows: “Gold Fields Ltd.: Declining Gold Prices Add To The Woes Of South Deep Operations – Seeking Alpha” published on October 02, 2018, “Asanko Gold Announces Q1 2019 Production Results – Nasdaq” on April 04, 2019, “Why Gold Fields, Vipshop Holdings, and Covia Holdings Slumped Today – The Motley Fool” with a publish date: August 14, 2018, “Gold Fields: Positive Short-Term Momentum, Long-Term Challenges – Seeking Alpha” and the last “Gold Fields may seek merger deal with AngloGold – Bloomberg – Seeking Alpha” with publication date: January 22, 2019.
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. In Thursday, February 21 report J.P. Morgan downgraded it to “Hold” rating and $4 target. On Thursday, February 21 the firm has “Neutral” rating by JP Morgan given.
Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with our FREE daily email newsletter.