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

SG Americas Securities LLC grew its stake in shares of Sibanye Gold Limited (NYSE:SBSW) by 397.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 410,626 shares of the company’s stock after purchasing an additional 328,154 shares during the quarter. SG Americas Securities LLC’s holdings in Sibanye Gold were worth $2,965,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. GAMMA Investing LLC lifted its holdings in shares of Sibanye Gold by 112.2% in the 2nd quarter. GAMMA Investing LLC now owns 4,213 shares of the company’s stock worth $30,000 after purchasing an additional 2,228 shares during the last quarter. Strategic Investment Solutions Inc. IL acquired a new stake in Sibanye Gold in the second quarter worth $36,000. Farther Finance Advisors LLC increased its position in Sibanye Gold by 745.3% in the second quarter. Farther Finance Advisors LLC now owns 6,805 shares of the company’s stock worth $49,000 after buying an additional 6,000 shares during the period. Ascent Group LLC bought a new stake in Sibanye Gold in the second quarter valued at $74,000. Finally, SwitchPoint Financial Planning LLC acquired a new position in shares of Sibanye Gold during the second quarter valued at $79,000. 34.93% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Sibanye Gold Stock Performance

Sibanye Gold stock opened at $11.01 on Wednesday. The company’s 50-day moving average price is $10.70 and its two-hundred day moving average price is $8.55. Sibanye Gold Limited has a 52 week low of $3.05 and a 52 week high of $13.11. 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 Company 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.