Point72 Asset Management L.P. Has $809,000 Stock Holdings in Sibanye Stillwater Limited (NYSE:SBSW)

Point72 Asset Management L.P. lowered its position in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 57.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 245,100 shares of the company's stock after selling 330,800 shares during the quarter. Point72 Asset Management L.P.'s holdings in Sibanye Stillwater were worth $809,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aire Advisors LLC boosted its position in shares of Sibanye Stillwater by 5.3% during 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 in the last quarter. 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 valued at $99,000 after buying an additional 4,344 shares in the last quarter. United Capital Financial Advisors LLC lifted its stake 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 worth $65,000 after acquiring an additional 4,768 shares in the last quarter. Finally, Cadence Wealth Management LLC raised its stake in shares of Sibanye Stillwater by 5.2% during the 4th quarter. Cadence Wealth Management LLC now owns 97,466 shares of the company's stock worth $322,000 after purchasing an additional 4,815 shares in the last quarter. 34.93% of the stock is currently owned by institutional investors and hedge funds.

Sibanye Stillwater Stock Performance

Shares of NYSE SBSW traded down $0.01 during trading hours on Wednesday, hitting $6.07. 2,861,864 shares of the company's stock were exchanged, compared to its average volume of 7,346,419. The company's 50-day moving average price is $4.65 and its 200-day moving average price is $4.09. Sibanye Stillwater Limited has a 1-year low of $3.05 and a 1-year high of $6.20. The stock has a market capitalization of $4.29 billion, a price-to-earnings ratio of 11.66 and a beta of 0.59. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04.

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada raised shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and lifted their price objective for the company from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five 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 a consensus price target 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.