Pekin Hardy Strauss Inc. reduced its position in shares of Sibanye Stillwater Limited (NYSE:SBSW – Free Report) by 59.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,045 shares of the company’s stock after selling 16,145 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Sibanye Stillwater were worth $60,000 as of its most recent SEC filing.
A number of other hedge funds have also recently added to or reduced their stakes in SBSW. GAMMA Investing LLC purchased a new position in shares of Sibanye Stillwater during the 4th quarter worth $30,000. Gunderson Capital Management Inc. purchased a new position in Sibanye Stillwater during the fourth quarter worth about $54,000. Raymond James Financial Services Advisors Inc. purchased a new stake in Sibanye Stillwater in the 4th quarter valued at about $69,000. Sigma Planning Corp acquired a new position in shares of Sibanye Stillwater during the 3rd quarter valued at about $79,000. Finally, West Family Investments Inc. purchased a new position in shares of Sibanye Stillwater during the 3rd quarter worth about $94,000. Institutional investors and hedge funds own 34.93% of the company’s stock.
Sibanye Stillwater Trading Down 1.1 %
SBSW opened at $4.60 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.70 and a quick ratio of 0.97. Sibanye Stillwater Limited has a 1 year low of $3.85 and a 1 year high of $9.88. The firm has a 50 day moving average price of $4.73 and a 200 day moving average price of $4.88.
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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.
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