On April 5, 2023 at 10:03:28 ET an unusually large
$570.00K block of Call contracts in Gold Fields
(GFI) was bought,
with a strike price of $25.00 / share, expiring in 289 days (on January 19, 2024).
Fintel tracks all large options trades, and the premium spent on this trade was 3.36 sigmas above the mean, placing it in the 100.00 percentile of all recent large trades made in GFI options.
This trade was first picked up on Fintel’s real time Unusual Option Trades
tool, where unusual option trades are highlighted.
Analyst Price Forecast Suggests 17.89% Downside
As of March 30, 2023,
the average one-year price target for Gold Fields is $11.48.
The forecasts range from a low of $8.42 to a high of $14.40.
The average price target represents a decrease of 17.89% from its latest reported closing price of $13.98.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Gold Fields
is $4,402MM, an increase of 2.69%.
The projected annual non-GAAP EPS
is $1.02.
What is the Fund Sentiment?
There are 453 funds or institutions reporting positions in Gold Fields.
This is a decrease
of
19
owner(s) or 4.03% in the last quarter.
Average portfolio weight of all funds dedicated to GFI is 0.35%,
an increase
of 0.26%.
Total shares owned by institutions decreased
in the last three months by 12.51% to 325,809K shares.
The put/call ratio of GFI is 0.44, indicating a
bullish
outlook.
What are Large Shareholders Doing?
Van Eck Associates
holds 50,231K shares
representing 5.62% ownership of the company.
In it’s prior filing, the firm reported owning 51,095K shares, representing
a decrease
of 1.72%.
The firm
increased
its portfolio allocation in GFI by 9.20% over the last quarter.
GDX – VanEck Vectors Gold Miners ETF
holds 46,199K shares
representing 5.17% ownership of the company.
In it’s prior filing, the firm reported owning 45,738K shares, representing
an increase
of 1.00%.
The firm
increased
its portfolio allocation in GFI by 1.28% over the last quarter.
Orbis Allan Gray
holds 14,348K shares
representing 1.61% ownership of the company.
In it’s prior filing, the firm reported owning 13,950K shares, representing
an increase
of 2.78%.
The firm
increased
its portfolio allocation in GFI by 27.42% over the last quarter.
Rwc Asset Advisors
holds 13,466K shares
representing 1.51% ownership of the company.
In it’s prior filing, the firm reported owning 15,465K shares, representing
a decrease
of 14.84%.
The firm
decreased
its portfolio allocation in GFI by 2.59% over the last quarter.
VEIEX – Vanguard Emerging Markets Stock Index Fund Investor Shares
holds 12,221K shares
representing 1.37% ownership of the company.
In it’s prior filing, the firm reported owning 12,108K shares, representing
an increase
of 0.92%.
The firm
increased
its portfolio allocation in GFI by 17.87% over the last quarter.
Gold Fields Background Information
(This description is provided by the company.)
Gold Fields Limited is one of the worlds largest gold mining firms. Headquartered in Johannesburg, South Africa, the company is listed on both the Johannesburg Stock Exchange and the New York Stock Exchange.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
