Alps Advisors Inc. Grows Position in Sibanye Gold Limited (SBGL)

Alps Advisors Inc. lifted its position in shares of Sibanye Gold Limited (NYSE:SBGL) by 7.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 428,596 shares of the basic materials company’s stock after purchasing an additional 29,287 shares during the quarter. Alps Advisors Inc. owned about 0.18% of Sibanye Gold Limited worth $1,912,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Van ECK Associates Corp boosted its holdings in Sibanye Gold Limited by 217.0% in the second quarter. Van ECK Associates Corp now owns 51,562,596 shares of the basic materials company’s stock worth $238,735,000 after acquiring an additional 35,298,306 shares in the last quarter. Dimensional Fund Advisors LP boosted its holdings in Sibanye Gold Limited by 95.0% in the second quarter. Dimensional Fund Advisors LP now owns 6,002,276 shares of the basic materials company’s stock worth $27,795,000 after acquiring an additional 2,923,704 shares in the last quarter. Wells Fargo & Company MN boosted its holdings in Sibanye Gold Limited by 145.3% in the second quarter. Wells Fargo & Company MN now owns 1,210,607 shares of the basic materials company’s stock worth $5,605,000 after acquiring an additional 717,013 shares in the last quarter. Tocqueville Asset Management L.P. boosted its holdings in Sibanye Gold Limited by 74.4% in the second quarter. Tocqueville Asset Management L.P. now owns 984,446 shares of the basic materials company’s stock worth $4,558,000 after acquiring an additional 420,026 shares in the last quarter. Finally, Thomas White International Ltd. boosted its holdings in Sibanye Gold Limited by 21.9% in the second quarter. Thomas White International Ltd. now owns 750,862 shares of the basic materials company’s stock worth $3,476,000 after acquiring an additional 135,113 shares in the last quarter. Institutional investors own 35.01% of the company’s stock.

Several equities research analysts have commented on SBGL shares. Morgan Stanley raised Sibanye Gold Limited from an “equal weight” rating to an “overweight” rating in a report on Monday, October 9th. BidaskClub downgraded Sibanye Gold Limited from a “strong-buy” rating to a “buy” rating in a report on Saturday, September 9th. Deutsche Bank AG raised Sibanye Gold Limited from a “sell” rating to a “hold” rating in a report on Friday, October 13th. Zacks Investment Research raised Sibanye Gold Limited from a “hold” rating to a “buy” rating and set a $5.25 target price on the stock in a report on Friday, October 13th. Finally, ValuEngine raised Sibanye Gold Limited from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $5.25.

Sibanye Gold Limited (NYSE SBGL) traded up $0.03 during mid-day trading on Monday, hitting $5.58. The stock had a trading volume of 1,488,700 shares, compared to its average volume of 3,514,645. Sibanye Gold Limited has a 52-week low of $4.36 and a 52-week high of $10.81. The company has a debt-to-equity ratio of 0.93, a current ratio of 1.03 and a quick ratio of 0.83.

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Sibanye Gold Limited Company Profile

Sibanye Gold Limited is an independent, global precious metal mining company. The Company is engaged in producing a mix of metals that includes gold and the platinum group metals (PGMs). Its projects are grouped by two regions: the Southern Africa region and the Americas region. Its products include gold, platinum group metals and by-products.

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

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