DJE Kapital AG Takes $2.65 Million Position in Sibanye Gold Limited $SBSW

DJE Kapital AG acquired a new position in shares of Sibanye Gold Limited (NYSE:SBSW) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 364,800 shares of the company’s stock, valued at approximately $2,645,000. DJE Kapital AG owned 0.05% of Sibanye Gold as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Avantax Advisory Services Inc. lifted its stake in Sibanye Gold by 13.1% during the first quarter. Avantax Advisory Services Inc. now owns 17,659 shares of the company’s stock worth $81,000 after purchasing an additional 2,050 shares during the period. GAMMA Investing LLC lifted its position in shares of Sibanye Gold by 112.2% during the 2nd quarter. GAMMA Investing LLC now owns 4,213 shares of the company’s stock worth $30,000 after buying an additional 2,228 shares during the period. Petra Financial Advisors Inc. boosted its stake in Sibanye Gold by 4.8% in the 2nd quarter. Petra Financial Advisors Inc. now owns 56,445 shares of the company’s stock valued at $408,000 after buying an additional 2,604 shares in the last quarter. Banco Santander S.A. grew its position in Sibanye Gold by 9.8% in the first quarter. Banco Santander S.A. now owns 32,926 shares of the company’s stock valued at $151,000 after acquiring an additional 2,952 shares during the period. Finally, Strategic Investment Solutions Inc. IL acquired a new position in Sibanye Gold during the second quarter worth $36,000. Institutional investors own 34.93% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SBSW. Zacks Research upgraded shares of Sibanye Gold to a “hold” rating in a research note on Monday, October 20th. Weiss Ratings reissued a “sell (d-)” rating on shares of Sibanye Gold in a report on Wednesday, October 8th. BMO Capital Markets upped their price objective 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. Finally, Wall Street Zen lowered shares of Sibanye Gold from a “strong-buy” rating to a “buy” rating in a report on Saturday. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $6.90.

Sibanye Gold Stock Performance

Shares of NYSE SBSW opened at $10.64 on Friday. Sibanye Gold Limited has a 12-month low of $3.05 and a 12-month high of $13.11. The firm’s 50-day simple moving average is $10.29 and its 200 day simple moving average is $8.20. The company has a current ratio of 2.89, a quick ratio of 1.53 and a debt-to-equity ratio of 0.96.

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.