Barclays PLC Invests $329,000 in Sibanye Stillwater Limited (NYSE:SBSW)

Barclays PLC purchased a new stake in shares of Sibanye Stillwater Limited (NYSE:SBSW) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 80,000 shares of the company’s stock, valued at approximately $329,000.

A number of other large investors have also added to or reduced their stakes in SBSW. Creative Financial Designs Inc. ADV boosted its position in Sibanye Stillwater by 40.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,600 shares of the company’s stock valued at $31,000 after buying an additional 2,200 shares during the last quarter. Blue Trust Inc. lifted its stake 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 worth $41,000 after acquiring an additional 8,885 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Sibanye Stillwater in the third quarter valued at about $46,000. Signaturefd LLC grew its stake in Sibanye Stillwater by 24.9% during the 3rd quarter. Signaturefd LLC now owns 11,236 shares of the company’s stock valued at $46,000 after purchasing an additional 2,241 shares in the last quarter. Finally, EverSource Wealth Advisors LLC increased its holdings in Sibanye Stillwater by 130.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 15,223 shares of the company’s stock worth $69,000 after purchasing an additional 8,607 shares during the last quarter. 34.93% of the stock is owned by institutional investors and hedge funds.

Sibanye Stillwater Stock Performance

Sibanye Stillwater stock opened at $3.50 on Monday. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. Sibanye Stillwater Limited has a 12 month low of $3.08 and a 12 month high of $5.93. The company has a fifty day moving average price of $3.81 and a two-hundred day moving average price of $4.15.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SBSW. Hsbc Global Res cut Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. HSBC downgraded shares of Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price objective on the stock. in a research note on Monday, November 4th. Finally, Investec lowered shares of Sibanye Stillwater from a “buy” rating to a “hold” rating in a research note on Friday, October 18th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $4.98.

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.