Sibanye Stillwater Limited (NYSE:SBSW) Shares Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP boosted its stake in Sibanye Stillwater Limited (NYSE:SBSW) by 13.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,375,200 shares of the company’s stock after acquiring an additional 400,100 shares during the quarter. Two Sigma Advisers LP owned 0.48% of Sibanye Stillwater worth $11,138,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Trek Financial LLC acquired a new stake in Sibanye Stillwater in the 4th quarter valued at $2,803,000. Goehring & Rozencwajg Associates LLC acquired a new stake in Sibanye Stillwater during the 4th quarter worth $9,446,000. Lingotto Investment Management LLP boosted its stake in Sibanye Stillwater by 1.0% during the 4th 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 last quarter. CenterBook Partners LP acquired a new stake in Sibanye Stillwater during the 4th quarter worth $903,000. Finally, ABC Arbitrage SA acquired a new stake in Sibanye Stillwater during the 4th quarter worth $1,332,000. Institutional investors and hedge funds own 34.93% of the company’s stock.

Sibanye Stillwater Trading Up 4.8%

Shares of SBSW opened at $6.00 on Friday. Sibanye Stillwater Limited has a 52-week low of $3.05 and a 52-week high of $6.39. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. The firm’s fifty day moving average is $4.54 and its two-hundred day moving average is $4.06. The stock has a market cap of $4.24 billion, a PE ratio of 11.53 and a beta of 0.59.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised shares of Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $4.70 to $5.30 in a research note on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $5.05.

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.