Patriot Financial Group Insurance Agency LLC Buys New Stake in Sibanye Stillwater Limited (NYSE:SBSW)

Patriot Financial Group Insurance Agency LLC purchased a new position in shares of Sibanye Stillwater Limited (NYSE:SBSW) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 26,047 shares of the company’s stock, valued at approximately $86,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Creative Financial Designs Inc. ADV increased its position 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 worth $31,000 after purchasing an additional 2,200 shares in the last quarter. Blue Trust Inc. increased its position in Sibanye Stillwater by 1,931.5% during the third quarter. Blue Trust Inc. now owns 9,345 shares of the company’s stock worth $41,000 after buying an additional 8,885 shares during the period. Blankinship & Foster LLC purchased a new stake in Sibanye Stillwater in the third quarter valued at approximately $41,000. Atomi Financial Group Inc. acquired a new stake in shares of Sibanye Stillwater in the fourth quarter valued at approximately $43,000. Finally, Sivia Capital Partners LLC purchased a new position in shares of Sibanye Stillwater during the third quarter worth approximately $46,000. 34.93% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on SBSW. Hsbc Global Res cut shares of Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research note on Monday, November 4th. Investec lowered Sibanye Stillwater from a “buy” rating to a “hold” rating in a report on Friday, October 18th. Finally, HSBC downgraded Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price objective for the company. in a research note on Monday, November 4th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. Based on data from MarketBeat.com, Sibanye Stillwater currently has an average rating of “Hold” and a consensus price target of $4.98.

Sibanye Stillwater Stock Up 0.7 %

Shares of Sibanye Stillwater stock opened at $3.53 on Thursday. Sibanye Stillwater Limited has a 52-week low of $3.08 and a 52-week high of $5.93. The company’s 50-day simple moving average is $3.72 and its 200-day simple moving average is $4.09. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71.

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.