United Capital Financial Advisors LLC Has $65,000 Holdings in Sibanye Stillwater Limited (NYSE:SBSW)

United Capital Financial Advisors LLC grew its holdings in Sibanye Stillwater Limited (NYSE:SBSW) by 32.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 19,640 shares of the company’s stock after buying an additional 4,768 shares during the period. United Capital Financial Advisors LLC’s holdings in Sibanye Stillwater were worth $65,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Goehring & Rozencwajg Associates LLC acquired a new stake in Sibanye Stillwater during the fourth quarter worth approximately $9,446,000. Raymond James Financial Inc. acquired a new stake in Sibanye Stillwater during the 4th quarter worth approximately $5,814,000. Trek Financial LLC bought a new stake in Sibanye Stillwater in the 4th quarter valued at $2,803,000. ABC Arbitrage SA acquired a new position in Sibanye Stillwater in the 4th quarter valued at $1,332,000. Finally, Lingotto Investment Management LLP increased its position 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 buying an additional 286,195 shares during the period. 34.93% of the stock is currently owned by institutional investors.

Sibanye Stillwater Price Performance

Shares of NYSE SBSW opened at $5.02 on Wednesday. The business has a fifty day moving average price of $4.01 and a two-hundred day moving average price of $4.00. The stock has a market capitalization of $3.55 billion, a PE ratio of 9.65 and a beta of 1.08. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04. Sibanye Stillwater Limited has a fifty-two week low of $3.05 and a fifty-two week high of $5.91.

Analysts Set New Price Targets

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

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.