Comprehensive Money Management Services LLC Has $255,000 Stake in Sibanye Gold Limited $SBSW

Comprehensive Money Management Services LLC lowered its position in Sibanye Gold Limited (NYSE:SBSW) by 12.4% during the second quarter, according to its most recent filing with the SEC. The firm owned 35,301 shares of the company’s stock after selling 5,000 shares during the period. Comprehensive Money Management Services LLC’s holdings in Sibanye Gold were worth $255,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SBSW. Bank of America Corp DE boosted its stake in Sibanye Gold by 16.1% during the fourth quarter. Bank of America Corp DE now owns 85,825 shares of the company’s stock worth $283,000 after acquiring an additional 11,916 shares in the last quarter. GAMMA Investing LLC boosted its stake in Sibanye Gold by 590.8% during the first quarter. GAMMA Investing LLC now owns 9,091 shares of the company’s stock worth $42,000 after acquiring an additional 7,775 shares in the last quarter. SG Americas Securities LLC boosted its stake in Sibanye Gold by 408.8% during the first quarter. SG Americas Securities LLC now owns 82,472 shares of the company’s stock worth $378,000 after acquiring an additional 66,264 shares in the last quarter. Petra Financial Advisors Inc. boosted its stake in Sibanye Gold by 61.1% during the first quarter. Petra Financial Advisors Inc. now owns 53,841 shares of the company’s stock worth $247,000 after acquiring an additional 20,429 shares in the last quarter. Finally, Creative Financial Designs Inc. ADV boosted its stake in Sibanye Gold by 35.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company’s stock worth $42,000 after acquiring an additional 2,400 shares in the last quarter. Institutional investors and hedge funds own 34.93% of the company’s stock.

Sibanye Gold Stock Down 1.9%

NYSE:SBSW opened at $10.98 on Friday. The stock has a 50-day simple moving average of $9.23 and a 200-day simple moving average of $7.22. Sibanye Gold Limited has a 1 year low of $3.05 and a 1 year high of $12.36. The company has a quick ratio of 1.53, a current ratio of 2.89 and a debt-to-equity ratio of 0.96.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Sibanye Gold in a research note on Wednesday. Wall Street Zen raised shares of Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. Finally, BMO Capital Markets increased 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 note on Tuesday, September 2nd. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $6.07.

About Sibanye Gold

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.