SBI Securities Co. Ltd. Acquires Shares of 40,098 Sibanye Stillwater Limited (NYSE:SBSW)

SBI Securities Co. Ltd. bought a new stake in shares of Sibanye Stillwater Limited (NYSE:SBSW) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 40,098 shares of the company’s stock, valued at approximately $132,000.

Other large investors have also recently modified their holdings of the company. Blankinship & Foster LLC bought a new stake in shares of Sibanye Stillwater during the 3rd quarter valued at about $41,000. Rhumbline Advisers boosted its stake in shares of Sibanye Stillwater by 32.3% during the 4th quarter. Rhumbline Advisers now owns 12,790 shares of the company’s stock valued at $42,000 after purchasing an additional 3,120 shares in the last quarter. Atomi Financial Group Inc. bought a new stake in Sibanye Stillwater during the fourth quarter worth about $43,000. Sprott Inc. bought a new stake in Sibanye Stillwater during the fourth quarter worth about $52,000. Finally, FNY Investment Advisers LLC boosted its stake in Sibanye Stillwater by 1,572.2% during the fourth quarter. FNY Investment Advisers LLC now owns 20,000 shares of the company’s stock worth $66,000 after acquiring an additional 18,804 shares in the last quarter. Institutional investors own 34.93% of the company’s stock.

Analysts Set New Price Targets

Separately, Royal Bank of Canada dropped their price objective on shares of Sibanye Stillwater from $6.00 to $4.25 and set a “sector perform” rating on the stock in a research note on Thursday, February 13th. One investment analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $4.79.

Sibanye Stillwater Trading Up 3.6 %

NYSE:SBSW opened at $3.88 on Friday. Sibanye Stillwater Limited has a one year low of $3.05 and a one year high of $5.93. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04. The company’s 50-day simple moving average is $3.61 and its 200 day simple moving average is $3.98. The firm has a market capitalization of $2.74 billion, a P/E ratio of 7.45 and a beta of 1.59.

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.