Sibanye Stillwater Limited (NYSE:SBSW) Shares Acquired by BCGM Wealth Management LLC

BCGM Wealth Management LLC boosted its holdings in shares of Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 60.3% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 620,252 shares of the company's stock after purchasing an additional 233,217 shares during the period. BCGM Wealth Management LLC owned approximately 0.09% of Sibanye Stillwater worth $2,549,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Financial Designs Inc. ADV lifted its position in shares of Sibanye Stillwater by 40.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 7,600 shares of the company's stock worth $31,000 after purchasing an additional 2,200 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Sibanye Stillwater by 1,931.5% during the 3rd quarter. Blue Trust Inc. now owns 9,345 shares of the company's stock valued at $41,000 after purchasing an additional 8,885 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Sibanye Stillwater during the 3rd quarter valued at about $46,000. Signaturefd LLC lifted its stake in Sibanye Stillwater by 24.9% during the third quarter. Signaturefd LLC now owns 11,236 shares of the company's stock valued at $46,000 after buying an additional 2,241 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in shares of Sibanye Stillwater in the second quarter worth approximately $64,000. Hedge funds and other institutional investors own 34.93% of the company's stock.

Wall Street Analysts Forecast Growth

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

Sibanye Stillwater Price Performance

NYSE SBSW traded down $0.08 on Friday, reaching $3.98. The company had a trading volume of 5,349,695 shares, compared to its average volume of 8,172,987. Sibanye Stillwater Limited has a 52-week low of $3.08 and a 52-week high of $5.93. The company's fifty day moving average is $4.33 and its 200 day moving average is $4.48. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71.

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.