Dimensional Fund Advisors LP Boosts Stock Holdings in Sibanye Stillwater Limited (NYSE:SBSW)

Dimensional Fund Advisors LP boosted its position in shares of Sibanye Stillwater Limited (NYSE:SBSW) by 8.0% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,971,911 shares of the company’s stock after acquiring an additional 221,266 shares during the period. Dimensional Fund Advisors LP owned about 0.42% of Sibanye Stillwater worth $9,803,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Lingotto Investment Management LLP increased its position in shares of Sibanye Stillwater by 1.0% during the fourth quarter. Lingotto Investment Management LLP now owns 27,798,014 shares of the company’s stock worth $91,733,000 after purchasing an additional 286,195 shares in the last quarter. Invesco Ltd. lifted its holdings in shares of Sibanye Stillwater by 0.6% in the 4th quarter. Invesco Ltd. now owns 4,582,354 shares of the company’s stock valued at $15,122,000 after buying an additional 26,400 shares during the period. Goehring & Rozencwajg Associates LLC purchased a new stake in shares of Sibanye Stillwater during the 4th quarter worth $9,446,000. Raymond James Financial Inc. acquired a new position in Sibanye Stillwater during the fourth quarter worth about $5,814,000. Finally, American Century Companies Inc. increased its stake in Sibanye Stillwater by 5.5% in the 4th quarter. American Century Companies Inc. now owns 1,410,961 shares of the company’s stock valued at $4,656,000 after purchasing an additional 73,368 shares in the last quarter. 34.93% of the stock is currently owned by institutional investors and hedge funds.

Sibanye Stillwater Stock Up 2.6 %

SBSW stock opened at $5.11 on Friday. The firm has a market cap of $3.62 billion, a price-to-earnings ratio of 9.83 and a beta of 0.59. Sibanye Stillwater Limited has a 1-year low of $3.05 and a 1-year high of $5.91. The firm has a fifty day moving average price of $4.33 and a two-hundred day moving average price of $4.05. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04.

Analyst Ratings Changes

Separately, Royal Bank of Canada upgraded Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and increased their target price for the company from $4.70 to $5.30 in a report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, Sibanye Stillwater has a consensus rating of “Hold” and a consensus 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.