Sibanye Gold Limited $SBSW Shares Acquired by SG Americas Securities LLC

SG Americas Securities LLC increased its stake in shares of Sibanye Gold Limited (NYSE:SBSW) by 397.9% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 410,626 shares of the company’s stock after acquiring an additional 328,154 shares during the period. SG Americas Securities LLC’s holdings in Sibanye Gold were worth $2,965,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. GAMMA Investing LLC lifted its position in shares of Sibanye Gold by 112.2% during the second quarter. GAMMA Investing LLC now owns 4,213 shares of the company’s stock worth $30,000 after purchasing an additional 2,228 shares in the last quarter. BCGM Wealth Management LLC increased its stake in Sibanye Gold by 3.9% during the 2nd quarter. BCGM Wealth Management LLC now owns 692,934 shares of the company’s stock worth $5,003,000 after buying an additional 26,208 shares during the period. Cubist Systematic Strategies LLC increased its stake in Sibanye Gold by 332.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 2,914,873 shares of the company’s stock worth $13,350,000 after buying an additional 2,241,026 shares during the period. Y Intercept Hong Kong Ltd acquired a new position in Sibanye Gold in the 2nd quarter worth $786,000. Finally, American Century Companies Inc. boosted its position in Sibanye Gold by 7.9% in the 1st quarter. American Century Companies Inc. now owns 1,522,220 shares of the company’s stock valued at $6,972,000 after buying an additional 111,259 shares during the last quarter. Institutional investors and hedge funds own 34.93% of the company’s stock.

Sibanye Gold Stock Up 0.1%

SBSW stock opened at $11.01 on Wednesday. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.89 and a quick ratio of 1.53. Sibanye Gold Limited has a 12-month low of $3.05 and a 12-month high of $13.11. The stock’s 50 day simple moving average is $10.70 and its 200 day simple moving average is $8.55.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sibanye Gold in a research report on Wednesday, October 8th. BMO Capital Markets raised their price objective on Sibanye Gold from $7.00 to $8.50 and gave the company a “market perform” rating in a research note on Tuesday, September 2nd. Wall Street Zen lowered Sibanye Gold from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 8th. Finally, Zacks Research upgraded Sibanye Gold to a “hold” rating in a research note on Monday, October 20th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Sibanye Gold presently has an average rating of “Hold” and an average price target of $6.90.

Sibanye Gold Profile

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.