Capital Fund Management S.A. trimmed its holdings in shares of Sibanye Gold Limited (NYSE:SBGL) by 59.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,568 shares of the basic materials company’s stock after selling 129,095 shares during the quarter. Capital Fund Management S.A.’s holdings in Sibanye Gold Limited were worth $410,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in the stock. Wells Fargo & Company MN grew its stake in 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 buying an additional 717,013 shares during the last quarter. Freestone Capital Holdings LLC grew its stake in Sibanye Gold Limited by 30.1% during the 2nd quarter. Freestone Capital Holdings LLC now owns 487,714 shares of the basic materials company’s stock worth $2,258,000 after buying an additional 112,917 shares during the last quarter. Commerzbank Aktiengesellschaft FI grew its stake in Sibanye Gold Limited by 106.4% during the 2nd quarter. Commerzbank Aktiengesellschaft FI now owns 169,219 shares of the basic materials company’s stock worth $783,000 after buying an additional 87,241 shares during the last quarter. Thomas White International Ltd. grew its stake in 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 buying an additional 135,113 shares during the last quarter. Finally, Airain ltd grew its stake in 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 buying an additional 395,180 shares during the last quarter. Hedge funds and other institutional investors own 35.75% of the company’s stock.

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Shares of Sibanye Gold Limited (SBGL) opened at 5.29 on Tuesday. The firm’s market cap is $2.81 billion. The firm’s 50-day moving average price is $5.82 and its 200-day moving average price is $6.62. Sibanye Gold Limited has a 12 month low of $4.43 and a 12 month high of $14.98.

SBGL has been the topic of several research analyst reports. ValuEngine downgraded Sibanye Gold Limited from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub downgraded Sibanye Gold Limited from a “hold” rating to a “sell” rating in a research note on Thursday, July 6th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus target price of $10.00.

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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