Hara Capital LLC Cuts Stock Holdings in Sibanye Stillwater Limited (NYSE:SBSW)

Hara Capital LLC decreased its holdings in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 23.9% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 116,153 shares of the company’s stock after selling 36,470 shares during the period. Hara Capital LLC’s holdings in Sibanye Stillwater were worth $383,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Creative Financial Designs Inc. ADV increased its position in Sibanye Stillwater by 40.7% during the 3rd 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 during the period. Signaturefd LLC boosted its holdings in shares of Sibanye Stillwater by 24.9% in the 3rd quarter. Signaturefd LLC now owns 11,236 shares of the company’s stock valued at $46,000 after buying an additional 2,241 shares in the last quarter. HighTower Advisors LLC boosted its holdings in shares of Sibanye Stillwater by 6.7% in the 3rd quarter. HighTower Advisors LLC now owns 48,632 shares of the company’s stock valued at $199,000 after buying an additional 3,045 shares in the last quarter. Rhumbline Advisers boosted its holdings in shares of Sibanye Stillwater by 32.3% in the 4th quarter. Rhumbline Advisers now owns 12,790 shares of the company’s stock valued at $42,000 after buying an additional 3,120 shares in the last quarter. Finally, XTX Topco Ltd boosted its stake in Sibanye Stillwater by 5.6% in the 3rd quarter. XTX Topco Ltd now owns 101,656 shares of the company’s stock worth $418,000 after purchasing an additional 5,428 shares in the last quarter. Hedge funds and other institutional investors own 34.93% of the company’s stock.

Sibanye Stillwater Stock Down 3.4 %

SBSW opened at $3.83 on Tuesday. 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 current ratio of 2.09 and a quick ratio of 1.04. The firm has a 50 day moving average of $3.68 and a two-hundred day moving average of $4.03.

Wall Street Analyst Weigh In

A number of research firms recently commented 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. HSBC cut shares of Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 target price for the company. in a research note on Monday, November 4th. Finally, Royal Bank of Canada lowered their target price on shares of Sibanye Stillwater from $6.00 to $4.25 and set a “sector perform” rating for the company in a research note on Thursday, February 13th. One research analyst has rated the stock with a sell rating and six have issued a hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $4.79.

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.