Sibanye Stillwater Limited (NYSE:SBSW) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC cut its holdings in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 38.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 127,941 shares of the company’s stock after selling 80,087 shares during the quarter. Sanctuary Advisors LLC’s holdings in Sibanye Stillwater were worth $540,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Creative Financial Designs Inc. ADV increased its stake in shares of Sibanye Stillwater by 40.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,600 shares of the company’s stock worth $31,000 after acquiring an additional 2,200 shares during the last quarter. Blue Trust Inc. increased its holdings 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 worth $41,000 after buying an additional 8,885 shares during the last quarter. Sivia Capital Partners LLC purchased a new stake in shares of Sibanye Stillwater during the 3rd quarter valued at approximately $46,000. Signaturefd LLC lifted its holdings in Sibanye Stillwater by 24.9% in the third quarter. Signaturefd LLC now owns 11,236 shares of the company’s stock valued at $46,000 after acquiring an additional 2,241 shares during the last quarter. Finally, Pine Valley Investments Ltd Liability Co purchased a new stake in Sibanye Stillwater in the second quarter valued at $64,000. Hedge funds and other institutional investors own 34.93% of the company’s stock.

Sibanye Stillwater Stock Performance

Shares of SBSW stock opened at $3.50 on Thursday. Sibanye Stillwater Limited has a 52 week low of $3.08 and a 52 week high of $5.93. The firm has a 50 day moving average of $4.24 and a two-hundred day moving average of $4.28. 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 stock has a market capitalization of $2.48 billion, a PE ratio of 5.65 and a beta of 1.56.

Wall Street Analyst Weigh In

SBSW has been the topic of several research analyst reports. Investec lowered shares of Sibanye Stillwater from a “buy” rating to a “hold” rating in a report on Friday, October 18th. HSBC lowered shares of Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price objective on the stock. in a report on Monday, November 4th. BMO Capital Markets dropped their target price on shares of Sibanye Stillwater from $5.00 to $4.50 and set a “market perform” rating for the company in a report on Friday, September 13th. Finally, Hsbc Global Res cut Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the stock. Based on data from MarketBeat.com, Sibanye Stillwater currently has a consensus rating of “Hold” and a consensus target price of $4.98.

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.