163,005 Shares in Sibanye Stillwater Limited (NYSE:SBSW) Bought by OLD Mission Capital LLC

OLD Mission Capital LLC purchased a new position in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 163,005 shares of the company's stock, valued at approximately $538,000.

A number of other institutional investors have also recently made changes to their positions in SBSW. HighTower Advisors LLC boosted its holdings in shares of Sibanye Stillwater by 6.7% in the 3rd quarter. HighTower Advisors LLC now owns 48,632 shares of the company's stock worth $199,000 after purchasing an additional 3,045 shares in the last quarter. Aire Advisors LLC grew its position in Sibanye Stillwater by 5.3% during the fourth quarter. Aire Advisors LLC now owns 61,060 shares of the company's stock valued at $201,000 after acquiring an additional 3,060 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Sibanye Stillwater by 32.3% during the fourth quarter. Rhumbline Advisers now owns 12,790 shares of the company's stock worth $42,000 after acquiring an additional 3,120 shares in the last quarter. Banco Santander S.A. lifted its holdings in shares of Sibanye Stillwater by 16.9% in the 4th quarter. Banco Santander S.A. now owns 29,974 shares of the company's stock worth $99,000 after acquiring an additional 4,344 shares during the last quarter. Finally, Cadence Wealth Management LLC boosted its stake in shares of Sibanye Stillwater by 5.2% in the 4th quarter. Cadence Wealth Management LLC now owns 97,466 shares of the company's stock valued at $322,000 after purchasing an additional 4,815 shares in the last quarter. Institutional investors own 34.93% of the company's stock.

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Sibanye Stillwater Trading Up 1.0 %

SBSW traded up $0.04 during trading on Thursday, hitting $3.86. 8,633,430 shares of the stock traded hands, compared to its average volume of 8,798,002. The firm has a market capitalization of $2.73 billion, a P/E ratio of 7.44 and a beta of 1.08. Sibanye Stillwater Limited has a 12-month low of $3.05 and a 12-month high of $5.91. 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 has a 50-day moving average of $3.88 and a 200 day moving average of $3.99.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and boosted their price target for the stock from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $5.05.

About Sibanye Stillwater

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.