Sibanye Stillwater Limited (NYSE:SBSW) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC cut its holdings in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 57.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,208 shares of the company’s stock after selling 21,563 shares during the period. SG Americas Securities LLC’s holdings in Sibanye Stillwater were worth $53,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the business. BCGM Wealth Management LLC lifted its position in shares of Sibanye Stillwater by 60.3% during the third quarter. BCGM Wealth Management LLC now owns 620,252 shares of the company’s stock worth $2,549,000 after purchasing an additional 233,217 shares during the last quarter. Barclays PLC bought a new position in shares of Sibanye Stillwater during the third quarter worth about $329,000. Anthracite Investment Company Inc. lifted its holdings in Sibanye Stillwater by 114.3% in the third quarter. Anthracite Investment Company Inc. now owns 678,228 shares of the company’s stock worth $2,788,000 after acquiring an additional 361,685 shares during the last quarter. Two Sigma Advisers LP lifted its holdings in Sibanye Stillwater by 30.8% in the third quarter. Two Sigma Advisers LP now owns 2,975,100 shares of the company’s stock worth $12,228,000 after acquiring an additional 699,900 shares during the last quarter. Finally, Raymond James & Associates lifted its holdings in Sibanye Stillwater by 8.5% in the third quarter. Raymond James & Associates now owns 1,676,719 shares of the company’s stock worth $6,891,000 after acquiring an additional 131,990 shares during the last quarter. 34.93% of the stock is currently owned by institutional investors and hedge funds.

Sibanye Stillwater Trading Down 0.9 %

NYSE SBSW opened at $3.95 on Friday. Sibanye Stillwater Limited has a 12 month low of $3.08 and a 12 month 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 company’s 50 day simple moving average is $3.69 and its 200 day simple moving average is $4.04.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on SBSW shares. Hsbc Global Res cut shares of Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a report on Monday, November 4th. Investec cut Sibanye Stillwater from a “buy” rating to a “hold” rating in a report on Friday, October 18th. HSBC cut Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price target on the stock. in a report on Monday, November 4th. Finally, Royal Bank of Canada cut their price target on Sibanye Stillwater from $6.00 to $4.25 and set a “sector perform” rating on the stock in a report on Thursday. One equities research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $4.79.

Sibanye Stillwater Company 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.