Earthstone Energy (ESTE) Reaches $10.68 After 9.00% Up Move; Bridgewater Associates LP Has Boosted By $607,200 Its Gold Fields LTD New (GFI) Holding

June 5, 2017 - By Linda Rogers

Bridgewater Associates Lp increased Gold Fields Ltd New (GFI) stake by 28.54% reported in 2016Q4 SEC filing. Bridgewater Associates Lp acquired 202,400 shares as Gold Fields Ltd New (GFI)’s stock rose 15.60%. The Bridgewater Associates Lp holds 911,600 shares with $2.74 million value, up from 709,200 last quarter. Gold Fields Ltd New now has $3.12 billion valuation. The stock rose 3.53% or $0.13 reaching $3.81 per share. About 3.33M shares traded. Gold Fields Limited (ADR) (NYSE:GFI) has declined 7.35% since June 5, 2016 and is downtrending. It has underperformed by 24.05% the S&P500.

The stock of Earthstone Energy Inc (NYSE:ESTE) is a huge mover today! About 50,557 shares traded. Earthstone Energy Inc (NYSE:ESTE) has risen 7.48% since June 5, 2016 and is uptrending. It has underperformed by 9.22% the S&P500.The move comes after 8 months positive chart setup for the $233.96 million company. It was reported on Jun, 5 by Barchart.com. We have $11.64 PT which if reached, will make NYSE:ESTE worth $21.06 million more.

Bridgewater Associates Lp decreased Cme Group Inc (NASDAQ:CME) stake by 5,400 shares to 4,500 valued at $519,000 in 2016Q4. It also reduced Kohls Corp (NYSE:KSS) stake by 248,526 shares and now owns 64,610 shares. Eqt Corp (NYSE:EQT) was reduced too.

Among 7 analysts covering Gold Fields Limited (NYSE:GFI), 1 have Buy rating, 2 Sell and 4 Hold. Therefore 14% are positive. Gold Fields Limited had 13 analyst reports since August 31, 2015 according to SRatingsIntel. The rating was downgraded by Macquarie Research to “Neutral” on Tuesday, March 15. The stock of Gold Fields Limited (ADR) (NYSE:GFI) has “Underperform” rating given on Monday, April 24 by RBC Capital Markets. Scotia Capital upgraded Gold Fields Limited (ADR) (NYSE:GFI) rating on Tuesday, September 1. Scotia Capital has “Sector Perform” rating and $3.50 target. The stock of Gold Fields Limited (ADR) (NYSE:GFI) earned “Neutral” rating by JP Morgan on Monday, September 14. HSBC downgraded the stock to “Reduce” rating in Wednesday, April 26 report. Goldman Sachs upgraded the shares of GFI in report on Friday, January 15 to “Neutral” rating. The stock of Gold Fields Limited (ADR) (NYSE:GFI) earned “Sector Perform” rating by Howard Weil on Monday, August 31. The stock of Gold Fields Limited (ADR) (NYSE:GFI) earned “Sector Perform” rating by RBC Capital Markets on Tuesday, December 1. RBC Capital Markets maintained Gold Fields Limited (ADR) (NYSE:GFI) on Thursday, November 19 with “Outperform” rating. The firm has “Buy” rating given on Friday, July 8 by Goldman Sachs.

Earthstone Energy, Inc. is an independent oil and natural gas development and production company. The company has market cap of $233.96 million. The Firm is also engaged in corporate mergers and the acquisition of oil and natural gas properties that have production and future development opportunities. It currently has negative earnings. The Company’s activities are all in the upstream segment of the oil and natural gas industry and all its properties are onshore in the United States.