Aire Advisors LLC Has $201,000 Holdings in Sibanye Stillwater Limited (NYSE:SBSW)

Aire Advisors LLC raised its stake in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 5.3% during the 4th quarter, HoldingsChannel reports. The firm owned 61,060 shares of the company’s stock after purchasing an additional 3,060 shares during the quarter. Aire Advisors LLC’s holdings in Sibanye Stillwater were worth $201,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of SBSW. Blankinship & Foster LLC acquired a new position in Sibanye Stillwater in the third quarter valued at about $41,000. Rhumbline Advisers lifted its holdings in Sibanye Stillwater by 32.3% during the 4th quarter. Rhumbline Advisers now owns 12,790 shares of the company’s stock worth $42,000 after buying an additional 3,120 shares in the last quarter. Atomi Financial Group Inc. bought a new position in Sibanye Stillwater in the fourth quarter valued at about $43,000. Sprott Inc. bought a new position in shares of Sibanye Stillwater in the 4th quarter valued at about $52,000. Finally, FNY Investment Advisers LLC lifted its holdings in Sibanye Stillwater by 1,572.2% in the fourth quarter. FNY Investment Advisers LLC now owns 20,000 shares of the company’s stock valued at $66,000 after buying an additional 18,804 shares during the period. Institutional investors own 34.93% of the company’s stock.

Sibanye Stillwater Trading Down 0.8 %

Shares of SBSW stock opened at $4.34 on Tuesday. The stock has a market cap of $3.07 billion, a P/E ratio of 8.34 and a beta of 1.59. The stock has a 50 day simple moving average of $3.77 and a 200 day simple moving average of $3.98. Sibanye Stillwater Limited has a 1 year low of $3.05 and a 1 year 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.

Wall Street Analyst Weigh In

Separately, Royal Bank of Canada raised 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 analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus 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.