UBS Asset Management Americas Inc. Boosts Position in Sibanye Gold Limited (NYSE:SBGL)

UBS Asset Management Americas Inc. grew its position in shares of Sibanye Gold Limited (NYSE:SBGL) by 49.8% during the second quarter, according to its most recent filing with the SEC. The firm owned 346,702 shares of the basic materials company’s stock after acquiring an additional 115,251 shares during the period. UBS Asset Management Americas Inc. owned about 0.15% of Sibanye Gold Limited worth $1,605,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SBGL. Wells Fargo & Company MN grew its holdings in shares of Sibanye Gold Limited by 145.3% during the 2nd 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 during the period. Tocqueville Asset Management L.P. grew its holdings in shares of Sibanye Gold Limited by 74.4% during the 2nd 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 during the period. Airain ltd grew its holdings in shares of Sibanye Gold Limited by 2,161.2% during the 2nd quarter. Airain ltd now owns 413,465 shares of the basic materials company’s stock worth $1,914,000 after acquiring an additional 395,180 shares during the period. Lazard Asset Management LLC purchased a new position in shares of Sibanye Gold Limited during the 2nd quarter worth approximately $930,000. Finally, Thomas White International Ltd. grew its holdings in shares of Sibanye Gold Limited by 21.9% during the 2nd 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 during the period. Hedge funds and other institutional investors own 34.85% of the company’s stock.

A number of analysts have recently commented on the company. Deutsche Bank AG raised Sibanye Gold Limited from a “sell” rating to a “hold” rating in a research report on Friday, October 13th. ValuEngine raised Sibanye Gold Limited from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub raised Sibanye Gold Limited from a “hold” rating to a “buy” rating in a research report on Friday, August 11th. Morgan Stanley raised Sibanye Gold Limited from an “equal weight” rating to an “overweight” rating in a research report on Monday, October 9th. Finally, Zacks Investment Research raised Sibanye Gold Limited from a “hold” rating to a “buy” rating and set a $5.25 price objective on the stock in a research report on Friday, October 13th. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $5.25.

Sibanye Gold Limited (NYSE:SBGL) opened at 4.92 on Friday. The company has a 50-day moving average price of $4.89 and a 200 day moving average price of $5.77. The company’s market capitalization is $2.67 billion. Sibanye Gold Limited has a 52-week low of $4.27 and a 52-week high of $11.76.

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Sibanye Gold Limited 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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