X Square Capital LLC Trims Position in Sibanye Stillwater Limited (NYSE:SBSW)

X Square Capital LLC trimmed its position in Sibanye Stillwater Limited (NYSE:SBSW) by 34.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 156,970 shares of the company’s stock after selling 83,000 shares during the quarter. X Square Capital LLC’s holdings in Sibanye Stillwater were worth $518,000 at the end of the most recent quarter.

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

Sibanye Stillwater Stock Up 0.1 %

SBSW opened at $4.36 on Friday. Sibanye Stillwater Limited has a 12 month low of $3.05 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 business’s 50-day moving average price is $3.82 and its 200-day moving average price is $3.99. The company has a market cap of $3.08 billion, a P/E ratio of 8.38 and a beta of 1.59.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised shares of Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, Sibanye Stillwater has a consensus rating of “Hold” and a consensus target price of $5.05.

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.