Bridgewater Associates LP trimmed its position in Sibanye Gold Limited (NYSE:SBGL) by 51.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 110,217 shares of the basic materials company’s stock after selling 118,487 shares during the period. Bridgewater Associates LP’s holdings in Sibanye Gold Limited were worth $510,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of Montreal Can lifted its position in shares of Sibanye Gold Limited by 22.0% during the 1st quarter. Bank of Montreal Can now owns 66,767 shares of the basic materials company’s stock valued at $589,000 after acquiring an additional 12,055 shares during the last quarter. Profund Advisors LLC lifted its position in shares of Sibanye Gold Limited by 0.4% during the 1st quarter. Profund Advisors LLC now owns 28,472 shares of the basic materials company’s stock valued at $251,000 after acquiring an additional 125 shares during the last quarter. Wells Fargo & Company MN lifted its position in shares of Sibanye Gold Limited by 6,487.4% during the 1st quarter. Wells Fargo & Company MN now owns 493,594 shares of the basic materials company’s stock valued at $4,348,000 after acquiring an additional 486,101 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new stake in shares of Sibanye Gold Limited during the 1st quarter valued at $176,000. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Sibanye Gold Limited by 0.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 23,319 shares of the basic materials company’s stock valued at $205,000 after acquiring an additional 120 shares during the last quarter. Hedge funds and other institutional investors own 35.75% of the company’s stock.

Shares of Sibanye Gold Limited (SBGL) opened at 5.52 on Friday. Sibanye Gold Limited has a 52 week low of $4.43 and a 52 week high of $14.98. The firm’s market capitalization is $2.93 billion. The firm’s 50-day moving average is $5.82 and its 200 day moving average is $6.66.

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A number of equities research analysts have recently commented on SBGL shares. ValuEngine downgraded Sibanye Gold Limited from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub downgraded Sibanye Gold Limited from a “strong-buy” rating to a “buy” rating in a research report on Saturday, September 9th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $10.00.

About Sibanye Gold Limited

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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