Bridgewater Associates LP decreased its position in shares of Sibanye Gold Ltd (NYSE:SBGL) by 22.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,026 shares of the basic materials company’s stock after selling 25,783 shares during the period. Bridgewater Associates LP’s holdings in Sibanye Gold were worth $227,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SBGL. Jane Street Group LLC boosted its position in Sibanye Gold by 148.9% in the second quarter. Jane Street Group LLC now owns 2,056,714 shares of the basic materials company’s stock valued at $4,977,000 after buying an additional 1,230,392 shares in the last quarter. Exor Investments UK LLP boosted its position in Sibanye Gold by 8.1% in the third quarter. Exor Investments UK LLP now owns 45,970,311 shares of the basic materials company’s stock valued at $114,466,000 after buying an additional 3,439,121 shares in the last quarter. Investec Asset Management LTD acquired a new stake in Sibanye Gold in the second quarter valued at approximately $2,834,000. Bank of Montreal Can boosted its position in Sibanye Gold by 106.3% in the third quarter. Bank of Montreal Can now owns 643,355 shares of the basic materials company’s stock valued at $1,602,000 after buying an additional 331,482 shares in the last quarter. Finally, Commerzbank Aktiengesellschaft FI boosted its position in Sibanye Gold by 115.1% in the second quarter. Commerzbank Aktiengesellschaft FI now owns 408,794 shares of the basic materials company’s stock valued at $989,000 after buying an additional 218,760 shares in the last quarter. Institutional investors and hedge funds own 56.07% of the company’s stock.

A number of brokerages have weighed in on SBGL. Citigroup lowered shares of Sibanye Gold from a “neutral” rating to a “sell” rating in a research report on Tuesday, November 6th. Zacks Investment Research upgraded shares of Sibanye Gold from a “sell” rating to a “hold” rating and set a $2.75 target price on the stock in a research report on Friday, November 2nd. ValuEngine upgraded shares of Sibanye Gold from a “strong sell” rating to a “sell” rating in a research report on Friday, October 12th. Finally, Macquarie lowered shares of Sibanye Gold from a “neutral” rating to an “underperform” rating in a research report on Tuesday, August 28th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and one has assigned a buy rating to the company. Sibanye Gold has an average rating of “Hold” and a consensus target price of $2.75.

Shares of NYSE:SBGL opened at $2.79 on Friday. The firm has a market cap of $638.10 million, a PE ratio of -69.75 and a beta of -0.24. The company has a current ratio of 1.85, a quick ratio of 1.30 and a debt-to-equity ratio of 1.11. Sibanye Gold Ltd has a 52 week low of $2.02 and a 52 week high of $5.50.

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About Sibanye Gold

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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