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

Sanctuary Advisors LLC lessened its position in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 38.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 127,941 shares of the company’s stock after selling 80,087 shares during the period. Sanctuary Advisors LLC’s holdings in Sibanye Stillwater were worth $540,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV raised its position in shares of Sibanye Stillwater by 40.7% during 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 in the last quarter. Blue Trust Inc. raised its holdings in Sibanye Stillwater by 1,931.5% during the third quarter. Blue Trust Inc. now owns 9,345 shares of the company’s stock worth $41,000 after purchasing an additional 8,885 shares in the last quarter. Signaturefd LLC lifted its position in shares of Sibanye Stillwater by 24.9% during the 3rd quarter. Signaturefd LLC now owns 11,236 shares of the company’s stock worth $46,000 after buying an additional 2,241 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Sibanye Stillwater in the 3rd quarter valued at $46,000. Finally, Pine Valley Investments Ltd Liability Co purchased a new position in shares of Sibanye Stillwater in the 2nd quarter valued at $64,000. 34.93% of the stock is owned by hedge funds and other institutional investors.

Sibanye Stillwater Trading Down 2.0 %

Shares of SBSW stock opened at $3.50 on Thursday. The company has a market capitalization of $2.48 billion, a P/E ratio of 5.65 and a beta of 1.56. 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 is $4.24 and its two-hundred day moving average is $4.28. Sibanye Stillwater Limited has a twelve month low of $3.08 and a twelve month high of $5.93.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on SBSW shares. Hsbc Global Res downgraded shares of Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. BMO Capital Markets dropped their price target on Sibanye Stillwater from $5.00 to $4.50 and set a “market perform” rating on the stock in a research note on Friday, September 13th. HSBC cut Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price objective for the company. 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 report on Friday, October 18th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat, Sibanye Stillwater currently has an average rating of “Hold” and an average price target of $4.98.

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.