Cerity Partners LLC Cuts Position in Sibanye Stillwater Limited (NYSE:SBSW)

Cerity Partners LLC reduced its stake in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 5.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,919 shares of the company’s stock after selling 2,880 shares during the quarter. Cerity Partners LLC’s holdings in Sibanye Stillwater were worth $162,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Aire Advisors LLC grew its holdings in Sibanye Stillwater by 5.3% in the fourth 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 last quarter. Rhumbline Advisers increased its holdings in 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 acquiring an additional 3,120 shares in the last quarter. Banco Santander S.A. lifted its holdings in shares of 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 purchasing an additional 4,344 shares in the last quarter. Cadence Wealth Management LLC grew its position in shares of Sibanye Stillwater by 5.2% in the fourth quarter. Cadence Wealth Management LLC now owns 97,466 shares of the company’s stock valued at $322,000 after purchasing an additional 4,815 shares during the last quarter. Finally, Blankinship & Foster LLC purchased a new position in shares of Sibanye Stillwater during the 3rd quarter worth approximately $41,000. 34.93% of the stock is owned by hedge funds and other institutional investors.

Sibanye Stillwater Trading Down 3.6 %

Shares of NYSE:SBSW opened at $4.53 on Friday. The company has a 50 day moving average of $4.06 and a 200-day moving average of $4.01. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. The firm has a market cap of $3.21 billion, a P/E ratio of 8.71 and a beta of 1.08. Sibanye Stillwater Limited has a twelve month low of $3.05 and a twelve month high of $5.91.

Analyst Ratings Changes

Separately, Royal Bank of Canada raised shares of Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.05.

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.