Sibanye Stillwater Limited (NYSE:SBSW) Shares Purchased by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. grew its position in Sibanye Stillwater Limited (NYSE:SBSW) by 289.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 164,432 shares of the company’s stock after purchasing an additional 122,260 shares during the period. Atria Wealth Solutions Inc.’s holdings in Sibanye Stillwater were worth $893,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. GAMMA Investing LLC acquired a new stake in Sibanye Stillwater in the fourth quarter worth about $30,000. Gunderson Capital Management Inc. acquired a new stake in shares of Sibanye Stillwater in the 4th quarter worth approximately $54,000. Raymond James Financial Services Advisors Inc. bought a new position in shares of Sibanye Stillwater in the fourth quarter valued at approximately $69,000. Sigma Planning Corp acquired a new position in shares of Sibanye Stillwater during the third quarter valued at approximately $79,000. Finally, SFG Wealth Management LLC. bought a new stake in Sibanye Stillwater during the fourth quarter worth approximately $92,000. Institutional investors and hedge funds own 34.93% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Jefferies Financial Group lowered Sibanye Stillwater from a “buy” rating to a “sell” rating in a research note on Wednesday, March 13th. Royal Bank of Canada lowered their target price on Sibanye Stillwater from $6.00 to $5.00 and set a “sector perform” rating on the stock in a report on Friday, March 1st. Three analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $6.00.

Sibanye Stillwater Stock Performance

Shares of NYSE:SBSW opened at $4.70 on Friday. The company has a current ratio of 1.70, a quick ratio of 0.97 and a debt-to-equity ratio of 0.49. The stock has a fifty day moving average of $4.74 and a 200-day moving average of $4.87. Sibanye Stillwater Limited has a one year low of $3.85 and a one year high of $9.88.

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.