Private Advisor Group LLC Has $292,000 Position in Sibanye Stillwater Limited (NYSE:SBSW)

Private Advisor Group LLC lessened its stake in Sibanye Stillwater Limited (NYSE:SBSW - Free Report) by 97.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 54,352 shares of the company's stock after selling 2,414,928 shares during the period. Private Advisor Group LLC's holdings in Sibanye Stillwater were worth $292,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SBSW. AQR Capital Management LLC increased its holdings in shares of Sibanye Stillwater by 32.9% during the third quarter. AQR Capital Management LLC now owns 5,031,600 shares of the company's stock worth $31,045,000 after purchasing an additional 1,244,715 shares during the period. Invesco Ltd. increased its position in shares of Sibanye Stillwater by 14.8% during the third quarter. Invesco Ltd. now owns 4,240,509 shares of the company's stock worth $26,164,000 after acquiring an additional 547,117 shares in the last quarter. Raymond James & Associates increased its position in shares of Sibanye Stillwater by 1.4% during the fourth quarter. Raymond James & Associates now owns 1,970,811 shares of the company's stock worth $10,702,000 after acquiring an additional 27,261 shares in the last quarter. Tocqueville Asset Management L.P. boosted its holdings in Sibanye Stillwater by 0.8% during the third quarter. Tocqueville Asset Management L.P. now owns 1,249,000 shares of the company's stock worth $7,706,000 after purchasing an additional 10,000 shares during the last quarter. Finally, CI Investments Inc. boosted its holdings in Sibanye Stillwater by 4.6% during the third quarter. CI Investments Inc. now owns 974,370 shares of the company's stock worth $6,012,000 after purchasing an additional 43,268 shares during the last quarter. Institutional investors own 34.93% of the company's stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Jefferies Financial Group lowered shares of Sibanye Stillwater from a "buy" rating to a "sell" rating in a report on Wednesday, March 13th. Royal Bank of Canada dropped their target price on shares of Sibanye Stillwater from $6.00 to $5.00 and set a "sector perform" rating for the company in a research report on Friday, March 1st. Three research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Sibanye Stillwater presently has a consensus rating of "Hold" and a consensus target price of $6.00.

Sibanye Stillwater Stock Up 2.7 %

NYSE SBSW traded up $0.13 during trading hours on Friday, hitting $5.23. 4,183,255 shares of the company's stock traded hands, compared to its average volume of 6,211,232. The business's fifty day moving average price is $5.00 and its two-hundred day moving average price is $4.85. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.97 and a current ratio of 1.70. Sibanye Stillwater Limited has a 52 week low of $3.85 and a 52 week high of $7.78.

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.