Sibanye Gold Limited (SBGL) Shares Sold by AQR Capital Management LLC

AQR Capital Management LLC reduced its position in Sibanye Gold Limited (NYSE:SBGL) by 30.9% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 413,198 shares of the basic materials company’s stock after selling 184,736 shares during the period. AQR Capital Management LLC owned about 0.18% of Sibanye Gold Limited worth $3,640,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in SBGL. DekaBank Deutsche Girozentrale bought a new position in shares of Sibanye Gold Limited during the first quarter worth approximately $176,000. ING Groep NV purchased a new stake in Sibanye Gold Limited during the first quarter valued at $150,000. Hussman Strategic Advisors Inc. raised its stake in Sibanye Gold Limited by 200.0% in the first quarter. Hussman Strategic Advisors Inc. now owns 75,000 shares of the basic materials company’s stock valued at $661,000 after buying an additional 50,000 shares in the last quarter. Commerzbank Aktiengesellschaft FI raised its stake in Sibanye Gold Limited by 46.9% in the first quarter. Commerzbank Aktiengesellschaft FI now owns 81,978 shares of the basic materials company’s stock valued at $722,000 after buying an additional 26,162 shares in the last quarter. Finally, Tocqueville Asset Management L.P. raised its stake in Sibanye Gold Limited by 113.5% in the first quarter. Tocqueville Asset Management L.P. now owns 564,420 shares of the basic materials company’s stock valued at $4,973,000 after buying an additional 300,000 shares in the last quarter. 14.13% of the stock is currently owned by institutional investors and hedge funds.

Sibanye Gold Limited (NYSE SBGL) opened at 5.53 on Wednesday. The company’s 50-day moving average price is $4.88 and its 200-day moving average price is $7.22. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 4.50 and a beta of -0.13. Sibanye Gold Limited has a 52 week low of $4.43 and a 52 week high of $20.97.

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A number of research analysts have issued reports on the company. BidaskClub upgraded Sibanye Gold Limited from a “sell” rating to a “hold” rating in a research note on Sunday, July 16th. ValuEngine lowered Sibanye Gold Limited from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $10.00.

Sibanye Gold Limited Company Profile

Sibanye Gold Limited (Sibanye) is a South Africa-based mining company. The Company owns and operates gold and uranium operations, and projects throughout the Witwatersrand Basin. Its segments include Driefontein, Kloof, Beatrix, Cooke and Corporate. The Company owns and operates four underground and surface gold operations: the Cooke, Driefontein and Kloof operations in the West Witwatersrand region, and the Beatrix operation in the southern Free State province.