Marshall Wace LLP Has $790,000 Stake in Sibanye Stillwater Limited (NYSE:SBSW)

Marshall Wace LLP decreased its holdings in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 91.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 239,519 shares of the company's stock after selling 2,686,357 shares during the quarter. Marshall Wace LLP's holdings in Sibanye Stillwater were worth $790,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Aire Advisors LLC raised its holdings in Sibanye Stillwater by 5.3% during the 4th quarter. Aire Advisors LLC now owns 61,060 shares of the company's stock worth $201,000 after purchasing an additional 3,060 shares during the last quarter. Rhumbline Advisers raised its stake in shares of Sibanye Stillwater by 32.3% during the fourth quarter. Rhumbline Advisers now owns 12,790 shares of the company's stock worth $42,000 after buying an additional 3,120 shares during the last quarter. Banco Santander S.A. lifted its holdings in Sibanye Stillwater by 16.9% in 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 during the period. United Capital Financial Advisors LLC boosted its stake in Sibanye Stillwater by 32.1% in the fourth quarter. United Capital Financial Advisors LLC now owns 19,640 shares of the company's stock valued at $65,000 after acquiring an additional 4,768 shares during the last quarter. Finally, Cadence Wealth Management LLC grew its holdings in 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 acquiring an additional 4,815 shares during the period. Institutional investors and hedge funds own 34.93% of the company's stock.

Analyst Upgrades and Downgrades

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

Sibanye Stillwater Trading Up 2.0 %

Shares of SBSW traded up $0.09 during trading hours on Friday, reaching $4.60. The stock had a trading volume of 7,558,776 shares, compared to its average volume of 7,170,475. The firm has a 50-day moving average of $4.16 and a 200 day moving average of $4.03. 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 company has a market cap of $3.26 billion, a P/E ratio of 8.85 and a beta of 0.59. Sibanye Stillwater Limited has a 52 week low of $3.05 and a 52 week high of $5.91.

About Sibanye Stillwater

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.