27,500 Shares in Sibanye Stillwater Limited (NYSE:SBSW) Bought by HTLF Bank

HTLF Bank purchased a new position in shares of Sibanye Stillwater Limited (NYSE:SBSW) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 27,500 shares of the company’s stock, valued at approximately $149,000.

A number of other large investors have also recently bought and sold shares of the business. Advisory Services Network LLC boosted its stake in Sibanye Stillwater by 4.8% during the 1st quarter. Advisory Services Network LLC now owns 29,356 shares of the company’s stock worth $476,000 after purchasing an additional 1,341 shares during the period. Two Sigma Securities LLC lifted its stake in shares of Sibanye Stillwater by 7.7% in the 1st quarter. Two Sigma Securities LLC now owns 20,677 shares of the company’s stock worth $172,000 after acquiring an additional 1,470 shares during the period. Samalin Investment Counsel LLC lifted its stake in shares of Sibanye Stillwater by 146.0% in the 1st quarter. Samalin Investment Counsel LLC now owns 3,075 shares of the company’s stock worth $50,000 after acquiring an additional 1,825 shares during the period. Compagnie Lombard Odier SCmA lifted its stake in shares of Sibanye Stillwater by 40.0% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 7,000 shares of the company’s stock worth $43,000 after acquiring an additional 2,000 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in shares of Sibanye Stillwater by 17.9% in the 1st quarter. PNC Financial Services Group Inc. now owns 13,582 shares of the company’s stock worth $221,000 after acquiring an additional 2,058 shares during the period. Institutional investors and hedge funds own 34.93% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on SBSW. Jefferies Financial Group cut shares of Sibanye Stillwater from a “buy” rating to a “sell” rating in a research note on Wednesday, March 13th. Royal Bank of Canada reduced their target price on shares of Sibanye Stillwater from $6.00 to $5.00 and set a “sector perform” rating for the company in a research note on Friday, March 1st. Three research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Sibanye Stillwater presently has an average rating of “Hold” and a consensus price target of $6.00.

Sibanye Stillwater Price Performance

NYSE:SBSW opened at $5.12 on Friday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.97 and a current ratio of 1.70. The firm has a 50-day moving average price of $4.67 and a two-hundred day moving average price of $4.92. Sibanye Stillwater Limited has a twelve month low of $3.85 and a twelve month high of $9.88.

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.