Comprehensive Money Management Services LLC Has $255,000 Stock Holdings in Sibanye Gold Limited $SBSW

Comprehensive Money Management Services LLC lessened its stake in shares of Sibanye Gold Limited (NYSE:SBSW) by 12.4% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 35,301 shares of the company’s stock after selling 5,000 shares during the quarter. Comprehensive Money Management Services LLC’s holdings in Sibanye Gold were worth $255,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Cubist Systematic Strategies LLC lifted its stake in shares of Sibanye Gold by 332.6% during the 1st quarter. Cubist Systematic Strategies LLC now owns 2,914,873 shares of the company’s stock worth $13,350,000 after buying an additional 2,241,026 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Sibanye Gold by 16.1% during the 4th quarter. Bank of America Corp DE now owns 85,825 shares of the company’s stock worth $283,000 after buying an additional 11,916 shares during the last quarter. American Century Companies Inc. increased its position in Sibanye Gold by 7.9% during the first quarter. American Century Companies Inc. now owns 1,522,220 shares of the company’s stock worth $6,972,000 after acquiring an additional 111,259 shares during the period. Avantax Advisory Services Inc. increased its position in Sibanye Gold by 13.1% during the first quarter. Avantax Advisory Services Inc. now owns 17,659 shares of the company’s stock worth $81,000 after acquiring an additional 2,050 shares during the period. Finally, Linden Advisors LP bought a new position in Sibanye Gold during the first quarter worth about $763,000. Institutional investors and hedge funds own 34.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SBSW. BMO Capital Markets raised their price target on shares of Sibanye Gold from $7.00 to $8.50 and gave the stock a “market perform” rating in a research report on Tuesday, September 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sibanye Gold in a research report on Wednesday. Finally, Wall Street Zen raised shares of Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research report on Friday, October 3rd. One research analyst has rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $6.07.

Sibanye Gold Stock Performance

Shares of NYSE SBSW opened at $10.98 on Friday. Sibanye Gold Limited has a 52-week low of $3.05 and a 52-week high of $12.36. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.53 and a current ratio of 2.89. The company’s 50 day moving average price is $9.23 and its 200-day moving average price is $7.22.

About Sibanye Gold

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.