Fermata Advisors LLC Sells 6,799 Shares of Sibanye Stillwater Limited (NYSE:SBSW)

Fermata Advisors LLC reduced its stake in Sibanye Stillwater Limited (NYSE:SBSW) by 29.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,169 shares of the company’s stock after selling 6,799 shares during the period. Fermata Advisors LLC’s holdings in Sibanye Stillwater were worth $53,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. American Century Companies Inc. increased its holdings in Sibanye Stillwater by 8.7% during the second quarter. American Century Companies Inc. now owns 1,123,276 shares of the company’s stock worth $4,886,000 after buying an additional 90,063 shares during the last quarter. Renaissance Technologies LLC increased its holdings in Sibanye Stillwater by 125.0% during the 2nd quarter. Renaissance Technologies LLC now owns 436,935 shares of the company’s stock worth $1,901,000 after acquiring an additional 242,735 shares during the period. Seven Eight Capital LP purchased a new stake in shares of Sibanye Stillwater in the second quarter worth $135,000. XTX Topco Ltd purchased a new stake in shares of Sibanye Stillwater in the 2nd quarter valued at about $419,000. Finally, EverSource Wealth Advisors LLC lifted its position in Sibanye Stillwater by 130.1% during the second quarter. EverSource Wealth Advisors LLC now owns 15,223 shares of the company’s stock valued at $69,000 after purchasing an additional 8,607 shares during the last quarter. 34.93% of the stock is owned by institutional investors and hedge funds.

Sibanye Stillwater Price Performance

SBSW opened at $3.50 on Friday. The company has a 50 day simple moving average of $3.84 and a two-hundred day simple moving average of $4.16. Sibanye Stillwater Limited has a 1-year low of $3.08 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

A number of research analysts have commented on the stock. HSBC cut shares of Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price target on the stock. in a research report on Monday, November 4th. Hsbc Global Res lowered Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. Finally, Investec lowered shares of Sibanye Stillwater from a “buy” rating to a “hold” rating in a research note on Friday, October 18th. One equities research analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $4.98.

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.