Signaturefd LLC Has $39,000 Holdings in Sibanye Gold Limited $SBSW

Signaturefd LLC reduced its position in shares of Sibanye Gold Limited (NYSE:SBSW) by 32.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,396 shares of the company’s stock after selling 2,642 shares during the quarter. Signaturefd LLC’s holdings in Sibanye Gold were worth $39,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. GAMMA Investing LLC raised its stake 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 purchasing an additional 2,228 shares in the last quarter. Strategic Investment Solutions Inc. IL acquired a new position in shares of Sibanye Gold during the second quarter worth approximately $36,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Sibanye Gold by 35.8% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company’s stock worth $42,000 after purchasing an additional 2,400 shares during the period. Farther Finance Advisors LLC grew its holdings in shares of Sibanye Gold by 745.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 6,805 shares of the company’s stock worth $49,000 after purchasing an additional 6,000 shares in the last quarter. Finally, Resolute Wealth Strategies LLC bought a new position in shares of Sibanye Gold during the 1st quarter worth about $51,000. Institutional investors and hedge funds own 34.93% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. BMO Capital Markets lifted their price objective on Sibanye Gold from $7.00 to $8.50 and gave the company a “market perform” rating in a report on Tuesday, September 2nd. Weiss Ratings restated a “sell (d-)” rating on shares of Sibanye Gold in a report on Saturday, September 27th. Finally, Wall Street Zen raised shares of Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research note on Friday. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $6.07.

Sibanye Gold Stock Up 1.3%

Shares of SBSW stock opened at $11.31 on Tuesday. The company has a quick ratio of 1.53, a current ratio of 2.89 and a debt-to-equity ratio of 0.96. Sibanye Gold Limited has a 52-week low of $3.05 and a 52-week high of $12.05. The firm’s 50-day moving average is $9.00 and its 200-day moving average is $7.06.

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.