Dynamic Technology Lab Private Ltd increased its holdings in Sibanye Gold Ltd (NYSE:SBGL) by 239.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 172,054 shares of the basic materials company’s stock after purchasing an additional 121,415 shares during the period. Dynamic Technology Lab Private Ltd owned approximately 0.07% of Sibanye Gold worth $417,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. OppenheimerFunds Inc. boosted its stake in shares of Sibanye Gold by 6.0% in the 2nd quarter. OppenheimerFunds Inc. now owns 1,579,600 shares of the basic materials company’s stock valued at $3,823,000 after purchasing an additional 89,600 shares in the last quarter. Commerzbank Aktiengesellschaft FI boosted its stake in shares of Sibanye Gold by 115.1% in the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 408,794 shares of the basic materials company’s stock valued at $989,000 after purchasing an additional 218,760 shares in the last quarter. Investec Asset Management LTD bought a new stake in Sibanye Gold during the 2nd quarter valued at $2,834,000. Dimensional Fund Advisors LP raised its holdings in Sibanye Gold by 4.0% during the 2nd quarter. Dimensional Fund Advisors LP now owns 6,567,499 shares of the basic materials company’s stock valued at $15,893,000 after buying an additional 252,585 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in Sibanye Gold by 39.1% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 142,268 shares of the basic materials company’s stock valued at $344,000 after buying an additional 39,991 shares during the last quarter. 56.24% of the stock is owned by institutional investors.

NYSE:SBGL opened at $2.42 on Wednesday. Sibanye Gold Ltd has a 52 week low of $2.02 and a 52 week high of $5.66. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.85 and a quick ratio of 1.30. The firm has a market cap of $601.15 million, a P/E ratio of -61.00 and a beta of 0.12.

A number of research firms recently commented on SBGL. Zacks Investment Research upgraded shares of Sibanye Gold from a “sell” rating to a “hold” rating in a report on Wednesday, June 20th. ValuEngine lowered shares of Sibanye Gold from a “hold” rating to a “sell” rating in a report on Saturday, June 2nd. Citigroup lowered shares of Sibanye Gold from a “buy” rating to a “neutral” rating in a report on Wednesday, June 27th. Finally, Macquarie lowered shares of Sibanye Gold from a “neutral” rating to an “underperform” rating in a report on Tuesday, August 28th. Three research analysts have rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Sibanye Gold has a consensus rating of “Hold” and a consensus target price of $2.75.

Sibanye Gold Company Profile

Sibanye Gold Limited operates as a precious metals mining company in South Africa, Zimbabwe, and the United States. The company operates through PGM; and Gold and Uranium divisions. It owns and operates gold, and platinum group metals (PGM), including platinum, palladium, and rhodium operations and projects, as well as produces by-products, such as iridium, ruthenium, nickel, copper, and chrome.

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Institutional Ownership by Quarter for Sibanye Gold (NYSE:SBGL)

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