Laird Norton Wetherby Wealth Management LLC Has $36,000 Stake in Sibanye Stillwater Limited (NYSE:SBSW)

Laird Norton Wetherby Wealth Management LLC trimmed its position in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 56.8% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,849 shares of the company’s stock after selling 14,268 shares during the quarter. Laird Norton Wetherby Wealth Management LLC’s holdings in Sibanye Stillwater were worth $36,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Lingotto Investment Management LLP raised its position in shares of Sibanye Stillwater by 1.0% during the fourth quarter. Lingotto Investment Management LLP now owns 27,798,014 shares of the company’s stock worth $91,733,000 after purchasing an additional 286,195 shares during the period. D. E. Shaw & Co. Inc. raised its position in Sibanye Stillwater by 28.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 6,541,857 shares of the company’s stock valued at $21,588,000 after buying an additional 1,439,882 shares during the last quarter. Invesco Ltd. raised its position in Sibanye Stillwater by 0.6% in the 4th quarter. Invesco Ltd. now owns 4,582,354 shares of the company’s stock valued at $15,122,000 after buying an additional 26,400 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Sibanye Stillwater by 8.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,971,911 shares of the company’s stock valued at $9,803,000 after buying an additional 221,266 shares during the last quarter. Finally, Goehring & Rozencwajg Associates LLC purchased a new stake in Sibanye Stillwater in the 4th quarter valued at $9,446,000. 34.93% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Royal Bank of Canada raised Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and increased their price target for the company from $4.70 to $5.30 in a research report on Tuesday, March 18th. Five research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $5.05.

Sibanye Stillwater Trading Up 0.3%

NYSE SBSW opened at $4.74 on Friday. The firm has a market capitalization of $3.35 billion, a P/E ratio of 9.11 and a beta of 0.59. The business has a fifty day simple moving average of $4.42 and a 200 day simple moving average of $4.03. Sibanye Stillwater Limited has a 12 month low of $3.05 and a 12 month high of $5.91. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71.

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.