Sanctuary Advisors LLC lowered its stake in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 91.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,425 shares of the company's stock after selling 117,516 shares during the quarter. Sanctuary Advisors LLC's holdings in Sibanye Stillwater were worth $34,000 at the end of the most recent reporting period.
A number of other institutional investors also recently modified their holdings of the stock. Blankinship & Foster LLC bought a new position in Sibanye Stillwater in the 3rd quarter valued at about $41,000. Rhumbline Advisers increased its position in shares of Sibanye Stillwater by 32.3% during the fourth quarter. Rhumbline Advisers now owns 12,790 shares of the company's stock valued at $42,000 after acquiring an additional 3,120 shares during the last quarter. Atomi Financial Group Inc. bought a new stake in Sibanye Stillwater during the fourth quarter worth $43,000. FNY Investment Advisers LLC grew its stake in Sibanye Stillwater by 1,572.2% in the 4th quarter. FNY Investment Advisers LLC now owns 20,000 shares of the company's stock valued at $66,000 after purchasing an additional 18,804 shares during the period. Finally, J.W. Cole Advisors Inc. purchased a new stake in shares of Sibanye Stillwater during the 4th quarter valued at $68,000. Institutional investors and hedge funds own 34.93% of the company's stock.
Sibanye Stillwater Stock Performance
Shares of SBSW stock traded down $0.15 on Monday, hitting $3.74. 11,231,371 shares of the stock were exchanged, compared to its average volume of 6,429,455. The firm's 50 day moving average is $3.61 and its two-hundred day moving average is $3.97. Sibanye Stillwater Limited has a one year low of $3.05 and a one year high of $5.93. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. The firm has a market capitalization of $2.64 billion, a PE ratio of 7.18 and a beta of 1.59.
Analysts Set New Price Targets
Separately, Royal Bank of Canada lowered their price objective on shares of Sibanye Stillwater from $6.00 to $4.25 and set a "sector perform" rating on the stock in a research report on Thursday, February 13th. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the stock. According to MarketBeat.com, Sibanye Stillwater has a consensus rating of "Hold" and an average price target of $4.79.
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About Sibanye Stillwater
(
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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