D. E. Shaw & Co. Inc. Has $21.59 Million Position in Sibanye Stillwater Limited (NYSE:SBSW)

D. E. Shaw & Co. Inc. grew its holdings in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 28.2% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,541,857 shares of the company's stock after acquiring an additional 1,439,882 shares during the period. D. E. Shaw & Co. Inc. owned 0.92% of Sibanye Stillwater worth $21,588,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Itau Unibanco Holding S.A. acquired a new position in Sibanye Stillwater during the fourth quarter valued at approximately $25,000. Ameriprise Financial Inc. bought a new stake in shares of Sibanye Stillwater during the 4th quarter worth $35,000. Peapack Gladstone Financial Corp acquired a new position in Sibanye Stillwater in the 4th quarter valued at $41,000. Rhumbline Advisers grew its stake in Sibanye Stillwater by 32.3% in the 4th 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 last quarter. Finally, Atomi Financial Group Inc. bought a new position in Sibanye Stillwater in the 4th quarter worth $43,000. Institutional investors and hedge funds own 34.93% of the company's stock.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada upgraded shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and upped their price target for the company from $4.70 to $5.30 in a report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average price target of $5.05.

Sibanye Stillwater Stock Up 2.6%

Shares of SBSW stock opened at $5.11 on Monday. Sibanye Stillwater Limited has a 12 month low of $3.05 and a 12 month high of $5.91. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. The firm has a market cap of $3.62 billion, a PE ratio of 9.83 and a beta of 0.59. The stock has a 50 day moving average of $4.33 and a 200-day moving average of $4.04.

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.

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