20,529 Shares in Sibanye Stillwater Limited (NYSE:SBSW) Purchased by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. purchased a new position in Sibanye Stillwater Limited (NYSE:SBSW) in the fourth quarter, HoldingsChannel reports. The fund purchased 20,529 shares of the company’s stock, valued at approximately $68,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Creative Financial Designs Inc. ADV increased its stake in shares of Sibanye Stillwater by 40.7% during the third quarter. Creative Financial Designs Inc. ADV now owns 7,600 shares of the company’s stock valued at $31,000 after purchasing an additional 2,200 shares in the last quarter. Blue Trust Inc. increased its stake in shares of Sibanye Stillwater by 1,931.5% during the third quarter. Blue Trust Inc. now owns 9,345 shares of the company’s stock valued at $41,000 after purchasing an additional 8,885 shares in the last quarter. Blankinship & Foster LLC bought a new position in shares of Sibanye Stillwater during the third quarter valued at approximately $41,000. Signaturefd LLC increased its stake in shares of Sibanye Stillwater by 24.9% during the third quarter. Signaturefd LLC now owns 11,236 shares of the company’s stock valued at $46,000 after purchasing an additional 2,241 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Sibanye Stillwater by 32.3% during the fourth 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. Institutional investors own 34.93% of the company’s stock.

Sibanye Stillwater Trading Down 5.8 %

Shares of SBSW stock opened at $3.52 on Friday. Sibanye Stillwater Limited has a 12-month low of $3.08 and a 12-month high of $5.93. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 2.09. The firm’s 50 day moving average is $3.64 and its 200 day moving average is $4.02.

Analysts Set New Price Targets

Several brokerages recently weighed in on SBSW. HSBC downgraded shares of Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price target for the company. in a research report on Monday, November 4th. Hsbc Global Res downgraded shares of Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Finally, Royal Bank of Canada reduced their price target on shares of Sibanye Stillwater from $6.00 to $4.25 and set a “sector perform” rating for the company in a research report on Thursday, February 13th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $4.79.

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.