BNP Paribas Financial Markets Has $32.14 Million Holdings in Sibanye Gold Limited $SBSW

BNP Paribas Financial Markets grew its stake in Sibanye Gold Limited (NYSE:SBSWFree Report) by 28.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,255,549 shares of the company’s stock after buying an additional 503,180 shares during the quarter. BNP Paribas Financial Markets’ holdings in Sibanye Gold were worth $32,142,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Moors & Cabot Inc. boosted its holdings in shares of Sibanye Gold by 4.8% in the fourth quarter. Moors & Cabot Inc. now owns 14,250 shares of the company’s stock valued at $203,000 after buying an additional 650 shares during the period. EverSource Wealth Advisors LLC boosted its holdings in shares of Sibanye Gold by 6.6% in the fourth quarter. EverSource Wealth Advisors LLC now owns 10,591 shares of the company’s stock valued at $151,000 after buying an additional 656 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Sibanye Gold by 40.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 3,481 shares of the company’s stock valued at $39,000 after buying an additional 1,000 shares during the period. Blue Trust Inc. boosted its holdings in shares of Sibanye Gold by 84.1% in the fourth quarter. Blue Trust Inc. now owns 2,193 shares of the company’s stock valued at $31,000 after buying an additional 1,002 shares during the period. Finally, Linden Thomas Advisory Services LLC boosted its holdings in shares of Sibanye Gold by 4.2% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 25,438 shares of the company’s stock valued at $362,000 after buying an additional 1,019 shares during the period. Institutional investors and hedge funds own 34.93% of the company’s stock.

Sibanye Gold Price Performance

NYSE:SBSW opened at $11.15 on Friday. Sibanye Gold Limited has a 52 week low of $6.49 and a 52 week high of $21.29. The firm’s 50-day simple moving average is $12.40 and its 200 day simple moving average is $14.04. The company has a quick ratio of 0.86, a current ratio of 1.78 and a debt-to-equity ratio of 0.73.

Insider Transactions at Sibanye Gold

In other Sibanye Gold news, Director Thabane Vincent Maphai purchased 12,000 shares of the stock in a transaction that occurred on Monday, March 16th. The shares were acquired at an average cost of $13.34 per share, with a total value of $160,080.00. Following the completion of the transaction, the director owned 140,178 shares in the company, valued at $1,869,974.52. The trade was a 9.36% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard Peter Menell bought 2,500 shares of the firm’s stock in a transaction on Tuesday, March 24th. The stock was purchased at an average cost of $11.43 per share, for a total transaction of $28,575.00. Following the completion of the acquisition, the director owned 2,500 shares in the company, valued at approximately $28,575. This trade represents a ∞ increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.05% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SBSW. Royal Bank Of Canada cut their price objective on shares of Sibanye Gold from $18.00 to $17.00 and set an “outperform” rating on the stock in a research report on Thursday, February 19th. Zacks Research lowered shares of Sibanye Gold from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Sibanye Gold in a research report on Tuesday, April 21st. Finally, Wall Street Zen lowered shares of Sibanye Gold from a “strong-buy” rating to a “buy” rating in a research report on Saturday, February 14th. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $19.93.

Check Out Our Latest Stock Analysis on Sibanye Gold

About Sibanye Gold

(Free Report)

Sibanye Gold (NYSE:SBSW) is a precious metals mining company headquartered in Johannesburg, South Africa. The company’s core operations focus on the extraction, processing and exploration of gold. Through its South African gold mining operations, Sibanye Gold produces doré bars, gold in concentrate and carbon-in-leach product, leveraging both underground and surface mining techniques. The company also generates by-products such as uranium, copper and nickel, reflecting its commitment to maximizing resource recovery.

In addition to its South African footprint, Sibanye Gold has expanded into the platinum‐group metals (PGM) sector through its acquisition of Stillwater Mining Company in 2017.

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

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