Sibanye Stillwater Limited (NYSE:SBSW) Shares Purchased by TSP Capital Management Group LLC

TSP Capital Management Group LLC increased its position in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 8.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,075,175 shares of the company's stock after acquiring an additional 81,400 shares during the period. Sibanye Stillwater makes up about 1.2% of TSP Capital Management Group LLC's investment portfolio, making the stock its 28th biggest position. TSP Capital Management Group LLC owned approximately 0.15% of Sibanye Stillwater worth $3,548,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of SBSW. Creative Financial Designs Inc. ADV increased its holdings in Sibanye Stillwater by 40.7% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,600 shares of the company's stock valued at $31,000 after acquiring an additional 2,200 shares in the last quarter. Blue Trust Inc. grew its position in shares of Sibanye Stillwater by 1,931.5% in the third 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 during the last quarter. Blankinship & Foster LLC purchased a new position in shares of Sibanye Stillwater during the 3rd quarter worth approximately $41,000. Atomi Financial Group Inc. acquired a new position in shares of Sibanye Stillwater during the 4th quarter worth approximately $43,000. Finally, Signaturefd LLC lifted its stake in Sibanye Stillwater by 24.9% in the 3rd 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. 34.93% of the stock is owned by hedge funds and other institutional investors.

Sibanye Stillwater Stock Performance

Sibanye Stillwater stock traded down $0.01 during trading on Tuesday, hitting $3.83. The company's stock had a trading volume of 7,109,324 shares, compared to its average volume of 6,680,566. The stock's fifty day moving average is $3.67 and its 200 day moving average is $4.03. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 2.09. Sibanye Stillwater Limited has a 1-year low of $3.08 and a 1-year high of $5.93.

Wall Street Analyst Weigh In

Several research firms have weighed in on SBSW. HSBC downgraded Sibanye Stillwater from a "buy" rating to a "hold" rating and set a $4.40 price target for the company. in a research report on Monday, November 4th. Hsbc Global Res cut Sibanye Stillwater from a "strong-buy" rating to a "hold" rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada reduced their target price on shares of Sibanye Stillwater from $6.00 to $4.25 and set a "sector perform" rating on the stock in a report on Thursday, February 13th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $4.79.

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.