Livingston Group Asset Management CO operating as Southport Capital Management purchased a new position in shares of Gold Fields Limited (NYSE:GFI – Get Rating) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 79,433 shares of the company’s stock, valued at approximately $1,228,000.
Several other hedge funds also recently made changes to their positions in the company. Optimum Investment Advisors acquired a new position in shares of Gold Fields during the 4th quarter valued at $44,000. Atlas Capital Advisors LLC raised its stake in Gold Fields by 130.1% during the 4th quarter. Atlas Capital Advisors LLC now owns 5,578 shares of the company’s stock worth $61,000 after buying an additional 3,154 shares during the period. Quadrant Capital Group LLC boosted its holdings in Gold Fields by 34.3% in the fourth quarter. Quadrant Capital Group LLC now owns 8,543 shares of the company’s stock worth $94,000 after acquiring an additional 2,182 shares in the last quarter. Envestnet Asset Management Inc. acquired a new stake in Gold Fields in the fourth quarter valued at approximately $111,000. Finally, Raymond James & Associates bought a new stake in shares of Gold Fields during the fourth quarter valued at approximately $138,000. 32.16% of the stock is owned by institutional investors.
Shares of Gold Fields stock traded down $0.51 during mid-day trading on Tuesday, hitting $8.86. 238,986 shares of the stock were exchanged, compared to its average volume of 10,311,275. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.73 and a quick ratio of 0.96. The company has a 50-day simple moving average of $10.87 and a 200 day simple moving average of $12.25. Gold Fields Limited has a 12 month low of $7.75 and a 12 month high of $17.20.
Gold Fields Profile (Get Rating)
Gold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, West Africa, Australia, and Peru. The company also explores for copper deposits. It holds interests in 9 operating mines with an annual gold-equivalent production of approximately 2.34 million ounces, as well as gold mineral reserves of approximately 48.6 million ounces and mineral resources of approximately 111.8 million ounces.
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