Barclays PLC Takes $329,000 Position in Sibanye Stillwater Limited (NYSE:SBSW)

Barclays PLC acquired a new position in shares of Sibanye Stillwater Limited (NYSE:SBSW - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 80,000 shares of the company's stock, valued at approximately $329,000.

Several other large investors also recently modified their holdings of SBSW. American Century Companies Inc. grew its position in shares of Sibanye Stillwater by 8.7% during the 2nd quarter. American Century Companies Inc. now owns 1,123,276 shares of the company's stock worth $4,886,000 after buying an additional 90,063 shares during the period. Renaissance Technologies LLC lifted its holdings in shares of Sibanye Stillwater by 125.0% in the 2nd quarter. Renaissance Technologies LLC now owns 436,935 shares of the company's stock worth $1,901,000 after purchasing an additional 242,735 shares in the last quarter. Seven Eight Capital LP bought a new position in shares of Sibanye Stillwater in the 2nd quarter worth $135,000. XTX Topco Ltd bought a new position in shares of Sibanye Stillwater in the 2nd quarter worth $419,000. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of Sibanye Stillwater by 130.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 15,223 shares of the company's stock worth $69,000 after purchasing an additional 8,607 shares in the last quarter. Institutional investors and hedge funds own 34.93% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on SBSW shares. Hsbc Global Res cut Sibanye Stillwater from a "strong-buy" rating to a "hold" rating in a report on Monday, November 4th. HSBC cut Sibanye Stillwater from a "buy" rating to a "hold" rating and set a $4.40 target price on the stock. in a report on Monday, November 4th. Finally, Investec cut Sibanye Stillwater from a "buy" rating to a "hold" rating in a report on Friday, October 18th. One analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $4.98.

Sibanye Stillwater Stock Performance

NYSE:SBSW traded up $0.10 during trading hours on Monday, hitting $3.50. 6,644,296 shares of the company traded hands, compared to its average volume of 4,883,351. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04. The firm's 50-day simple moving average is $3.81 and its 200-day simple moving average is $4.15. Sibanye Stillwater Limited has a one year low of $3.08 and a one year high of $5.93.

Sibanye Stillwater 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.