Sibanye Stillwater Limited (NYSE:SBSW) Shares Acquired by Lingotto Investment Management LLP

Lingotto Investment Management LLP grew its holdings in Sibanye Stillwater Limited (NYSE:SBSW) by 1.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,801,391 shares of the company’s stock after acquiring an additional 416,399 shares during the period. Sibanye Stillwater comprises approximately 3.3% of Lingotto Investment Management LLP’s portfolio, making the stock its 10th largest position. Lingotto Investment Management LLP owned 3.22% of Sibanye Stillwater worth $99,186,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SBSW. Vanguard Personalized Indexing Management LLC grew its stake in shares of Sibanye Stillwater by 15.2% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 47,304 shares of the company’s stock worth $257,000 after acquiring an additional 6,243 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Sibanye Stillwater by 36.9% in the fourth quarter. Quadrant Capital Group LLC now owns 16,701 shares of the company’s stock worth $91,000 after acquiring an additional 4,500 shares in the last quarter. Dynamic Technology Lab Private Ltd grew its stake in shares of Sibanye Stillwater by 545.5% in the fourth quarter. Dynamic Technology Lab Private Ltd now owns 143,193 shares of the company’s stock worth $778,000 after acquiring an additional 121,009 shares in the last quarter. Trexquant Investment LP grew its stake in shares of Sibanye Stillwater by 12.0% during the fourth quarter. Trexquant Investment LP now owns 565,924 shares of the company’s stock worth $3,073,000 after purchasing an additional 60,555 shares in the last quarter. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Sibanye Stillwater by 832.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 10,956 shares of the company’s stock worth $59,000 after purchasing an additional 9,781 shares in the last quarter. Institutional investors and hedge funds own 34.93% of the company’s stock.

Sibanye Stillwater Stock Performance

NYSE SBSW opened at $4.25 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.97 and a current ratio of 1.70. Sibanye Stillwater Limited has a 1 year low of $3.08 and a 1 year high of $6.99. The company has a fifty day moving average of $4.19 and a two-hundred day moving average of $4.60.

Analyst Upgrades and Downgrades

SBSW has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their target price on shares of Sibanye Stillwater from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, July 3rd. BMO Capital Markets lowered their target price on shares of Sibanye Stillwater from $5.00 to $4.50 and set a “market perform” rating for the company in a research note on Friday, September 13th. Three investment analysts have rated the stock with a sell rating and three have given a hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $5.17.

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.