GTS Securities LLC Sells 49,451 Shares of Sibanye Stillwater Limited (NYSE:SBSW)

GTS Securities LLC lowered its position in shares of Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 50.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,505 shares of the company's stock after selling 49,451 shares during the period. GTS Securities LLC's holdings in Sibanye Stillwater were worth $163,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the company. Goehring & Rozencwajg Associates LLC bought a new position in shares of Sibanye Stillwater in the fourth quarter worth approximately $9,446,000. Van ECK Associates Corp grew its stake in Sibanye Stillwater by 45.3% in the 4th quarter. Van ECK Associates Corp now owns 109,674 shares of the company's stock worth $362,000 after buying an additional 34,206 shares in the last quarter. TSP Capital Management Group LLC increased its holdings in shares of Sibanye Stillwater by 8.2% in the 4th quarter. TSP Capital Management Group LLC now owns 1,075,175 shares of the company's stock worth $3,548,000 after buying an additional 81,400 shares during the last quarter. ABC Arbitrage SA purchased a new stake in shares of Sibanye Stillwater during the 4th quarter valued at $1,332,000. Finally, Rhumbline Advisers raised its position 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 buying an additional 3,120 shares in the last quarter. Hedge funds and other institutional investors own 34.93% of the company's stock.

Sibanye Stillwater Trading Down 2.1%

Shares of Sibanye Stillwater stock traded down $0.13 during trading on Tuesday, reaching $6.19. The company's stock had a trading volume of 6,655,080 shares, compared to its average volume of 7,464,867. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. Sibanye Stillwater Limited has a 52-week low of $3.05 and a 52-week high of $6.40. The firm's 50-day moving average is $4.79 and its two-hundred day moving average is $4.15. The company has a market cap of $4.38 billion, a price-to-earnings ratio of 11.90 and a beta of 0.59.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Royal Bank of Canada upgraded shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and upped their target price for the stock from $4.70 to $5.30 in a research report on Tuesday, March 18th. Wall Street Zen lowered Sibanye Stillwater from a "buy" rating to a "hold" rating in a research note on Friday. Six research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $5.05.

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.