Sanctuary Advisors LLC acquired a new stake in shares of Sibanye Stillwater Limited (NYSE:SBSW - Free Report) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 208,028 shares of the company's stock, valued at approximately $905,000.
Other institutional investors and hedge funds also recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in Sibanye Stillwater by 62.6% during the first quarter. GAMMA Investing LLC now owns 8,837 shares of the company's stock valued at $42,000 after purchasing an additional 3,401 shares in the last quarter. Scarborough Advisors LLC purchased a new position in Sibanye Stillwater in the 4th quarter valued at about $28,000. BCGM Wealth Management LLC boosted its stake in shares of Sibanye Stillwater by 2.3% in the first quarter. BCGM Wealth Management LLC now owns 367,388 shares of the company's stock worth $1,730,000 after acquiring an additional 8,246 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in shares of Sibanye Stillwater by 130.1% during the second quarter. EverSource Wealth Advisors LLC now owns 15,223 shares of the company's stock worth $69,000 after buying an additional 8,607 shares in the last quarter. Finally, Cadence Wealth Management LLC grew its position in shares of Sibanye Stillwater by 10.6% in the second quarter. Cadence Wealth Management LLC now owns 92,209 shares of the company's stock valued at $401,000 after purchasing an additional 8,845 shares in the last quarter. 34.93% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
SBSW has been the topic of several research analyst reports. JPMorgan Chase & Co. cut their target price on Sibanye Stillwater from $7.00 to $6.00 and set a "neutral" rating on the stock in a research report on Wednesday, July 3rd. BMO Capital Markets decreased their price objective on shares of Sibanye Stillwater from $5.00 to $4.50 and set a "market perform" rating on the stock in a report on Friday, September 13th. Two research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. Based on data from MarketBeat, Sibanye Stillwater has an average rating of "Hold" and a consensus price target of $5.17.
View Our Latest Stock Analysis on Sibanye Stillwater
Sibanye Stillwater Trading Up 2.0 %
NYSE:SBSW traded up $0.08 during mid-day trading on Friday, reaching $4.17. 4,827,258 shares of the company were exchanged, compared to its average volume of 6,014,166. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. The company has a fifty day moving average of $4.12 and a 200 day moving average of $4.58. Sibanye Stillwater Limited has a 12 month low of $3.08 and a 12 month high of $6.21.
Sibanye Stillwater Company Profile
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Free Report)
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.
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