Total Wealth Planning & Management Inc. Grows Holdings in Sibanye Gold Limited $SBSW

Total Wealth Planning & Management Inc. grew its stake in Sibanye Gold Limited (NYSE:SBSW) by 27.4% in the second quarter, Holdings Channel.com reports. The institutional investor owned 23,601 shares of the company’s stock after buying an additional 5,082 shares during the quarter. Total Wealth Planning & Management Inc.’s holdings in Sibanye Gold were worth $170,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SBSW. Bank of America Corp DE grew its stake in Sibanye Gold by 16.1% in 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 in the last quarter. GAMMA Investing LLC boosted its stake in shares of Sibanye Gold by 590.8% in the 1st quarter. GAMMA Investing LLC now owns 9,091 shares of the company’s stock valued at $42,000 after purchasing an additional 7,775 shares in the last quarter. SG Americas Securities LLC boosted its stake in shares of Sibanye Gold by 408.8% in the 1st quarter. SG Americas Securities LLC now owns 82,472 shares of the company’s stock valued at $378,000 after purchasing an additional 66,264 shares in the last quarter. Petra Financial Advisors Inc. boosted its stake in shares of Sibanye Gold by 61.1% in the 1st quarter. Petra Financial Advisors Inc. now owns 53,841 shares of the company’s stock valued at $247,000 after purchasing an additional 20,429 shares in the last quarter. Finally, Comprehensive Money Management Services LLC boosted its stake in shares of Sibanye Gold by 5.9% in the 1st quarter. Comprehensive Money Management Services LLC now owns 40,301 shares of the company’s stock valued at $185,000 after purchasing an additional 2,250 shares in the last quarter. Hedge funds and other institutional investors own 34.93% of the company’s stock.

Sibanye Gold Price Performance

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

Analyst Ratings Changes

SBSW has been the subject of a number of research reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Sibanye Gold in a research note on Wednesday. BMO Capital Markets upped their price objective on shares of Sibanye Gold from $7.00 to $8.50 and gave the company a “market perform” rating in a research note on Tuesday, September 2nd. Finally, Wall Street Zen raised shares of Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research note on Friday, October 3rd. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $6.07.

Sibanye Gold 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.