Banco Santander S.A. Raises Stock Position in Sibanye Stillwater Limited (NYSE:SBSW)

Banco Santander S.A. grew its position in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 16.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 29,974 shares of the company’s stock after buying an additional 4,344 shares during the quarter. Banco Santander S.A.’s holdings in Sibanye Stillwater were worth $99,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently modified their holdings of the company. Goehring & Rozencwajg Associates LLC purchased a new position in shares of Sibanye Stillwater in the fourth quarter worth approximately $9,446,000. Raymond James Financial Inc. purchased a new stake in Sibanye Stillwater in the fourth quarter worth about $5,814,000. Two Sigma Advisers LP lifted its position in shares of Sibanye Stillwater by 30.8% during the 3rd quarter. Two Sigma Advisers LP now owns 2,975,100 shares of the company’s stock valued at $12,228,000 after buying an additional 699,900 shares in the last quarter. Point72 Asset Management L.P. bought a new stake in Sibanye Stillwater during the 3rd quarter worth approximately $2,367,000. Finally, ABC Arbitrage SA bought a new position in shares of Sibanye Stillwater in the fourth quarter worth approximately $1,332,000. Institutional investors own 34.93% of the company’s stock.

Analysts Set New Price Targets

Separately, Royal Bank of Canada decreased their price target on Sibanye Stillwater from $6.00 to $4.25 and set a “sector perform” rating on the stock in a report on Thursday, February 13th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. According to MarketBeat, Sibanye Stillwater presently has a consensus rating of “Hold” and a consensus price target of $4.79.

Sibanye Stillwater Trading Down 3.7 %

SBSW opened at $3.74 on Tuesday. Sibanye Stillwater Limited has a 12 month low of $3.05 and a 12 month high of $5.93. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71. The stock has a 50-day moving average of $3.62 and a 200 day moving average of $3.97. The firm has a market cap of $2.64 billion, a P/E ratio of 7.18 and a beta of 1.59.

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.