Dauntless Investment Group LLC Makes New $514,000 Investment in Sibanye Stillwater Limited (NYSE:SBSW)

Dauntless Investment Group LLC purchased a new position in shares of Sibanye Stillwater Limited (NYSE:SBSW - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 155,625 shares of the company's stock, valued at approximately $514,000. Sibanye Stillwater makes up about 0.5% of Dauntless Investment Group LLC's investment portfolio, making the stock its 19th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in SBSW. HighTower Advisors LLC increased its position in shares of Sibanye Stillwater by 6.7% during the third quarter. HighTower Advisors LLC now owns 48,632 shares of the company's stock worth $199,000 after acquiring an additional 3,045 shares in the last quarter. Aire Advisors LLC raised its stake in shares of Sibanye Stillwater by 5.3% in the 4th quarter. Aire Advisors LLC now owns 61,060 shares of the company's stock valued at $201,000 after purchasing an additional 3,060 shares during the period. Rhumbline Advisers lifted its holdings in shares of Sibanye Stillwater by 32.3% in the fourth 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. Banco Santander S.A. grew its holdings in shares of Sibanye Stillwater by 16.9% during the fourth quarter. Banco Santander S.A. now owns 29,974 shares of the company's stock worth $99,000 after buying an additional 4,344 shares in the last quarter. Finally, United Capital Financial Advisors LLC raised its position in Sibanye Stillwater by 32.1% in the 4th quarter. United Capital Financial Advisors LLC now owns 19,640 shares of the company's stock valued at $65,000 after buying an additional 4,768 shares during the last quarter. Institutional investors and hedge funds own 34.93% of the company's stock.

Analyst Ratings Changes

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

Sibanye Stillwater Stock Down 1.0 %

Shares of Sibanye Stillwater stock traded down $0.05 on Tuesday, reaching $4.55. 4,182,306 shares of the company were exchanged, compared to its average volume of 7,143,339. The company has a market capitalization of $3.22 billion, a price-to-earnings ratio of 8.72 and a beta of 1.08. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. Sibanye Stillwater Limited has a one year low of $3.05 and a one year high of $5.91. The company has a 50-day moving average of $4.08 and a 200 day moving average of $4.01.

Sibanye Stillwater 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.