Lingotto Investment Management LL has recently announced that it has increased stake in Sibanye Stillwater Limited ADR (NYSE:SBSW) by 28.45%. After grabbing 21.97 million shares, the institutional investor is now in possession of 4.87 million shares of the Basic Materials Company. The new investment brought the stake of investor firm to 3.10% having worth around $97.97 million. Moreover, AQR Capital Management LLC increased its share by 1.24 million to have a control over 5.03 million shares. And Invesco Advisers, Inc. raised its holdings to 0.43 million shares by acquiring 3.97 million shares or 0.56% of the stake.
Sibanye Stillwater Limited ADR (SBSW) concluded trading on 01/03/24 at a closing price of $5.14, with 4.96 million shares of worth about $25.51 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -19.31% during that period and on Wednesday the price saw a loss of about -3.20%. Currently the company’s common shares owned by public are about 707.59M shares, out of which, 706.80M shares are available for trading.
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Invesco Gold and Special Minerals, Columbia Overseas Value Fund, and DFA Dimensional Emerging Markets are the top 3 mutual funds which are holding stakes in Sibanye Stillwater Limited ADR Invesco Gold and Special Minerals is currently holding 3.96 million shares of worth totaling $17.67 million. The company recently came buying 0.42 million shares which brought its stake up to 0.56% of the company’s outstanding shares. DFA Dimensional Emerging Markets, after buying 1.28 million shares, have now control over 0.18% of the stake in the company. It holds 0.0 shares of worth $5.69 million.
Sibanye Stillwater Limited ADR (NYSE: SBSW) started trading at $5.13, below -$0.18 from concluding price of the previous day. Stock saw a price change of -7.89% in past 5 days and over the past one month there was a price change of 10.30%. Year-to-date (YTD), SBSW shares are showing a performance of -5.34% which decreased to -51.78% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.00 but also hit the highest price of $12.44 during that period. The average intraday trading volume for Sibanye Stillwater Limited ADR shares is 6.10 million. The stock is currently trading 0.54% above its 20-day simple moving average (SMA20), while that difference is up 2.29% for SMA50 and it goes to -22.53% lower than SMA200.
Lingotto Investment Management LL acquired 21.97 million shares of Sibanye Stillwater Limited ADR having value of about $97.97 million. Data submitted at the U.S SEC by Lingotto Investment Management LL revealed that the firm now holds 4.87 million shares in the company valued at close to $25011224.58, or have control over 28.45% stake in the company. Sibanye Stillwater Limited ADR (NYSE: SBSW) currently have 707.59M outstanding shares and institutions hold larger chunk of about 11.68% of that. Holding of mutual funds in the company is about 3.16% while other institutional holders and individual stake holders have control over 8.52% and — of the stake respectively.
The stock has a current market capitalization of $3.64B and its 3Y-monthly beta is at 1.73. PE ratio of stock for trailing 12 months is 4.69, while it has posted earnings per share of $1.10 in the same period. It has Quick Ratio of 1.72 while making debt-to-equity ratio of 0.27. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for SBSW, volatility over the week remained 2.90% while standing at 3.92% over the month.
Analysts are in expectations that Sibanye Stillwater Limited ADR (SBSW) stock would likely to be making an EPS of $0 in the current quarter, while forecast for next quarter EPS is $0 and it is $0.27 for next year. For the current quarter EPS, analysts have given the company a lowest target $0 which is $0 at the higher side of the target for the same. Stock’s fiscal year EPS is expected to drop by -59.28% while it is estimated to increase by 16.31% in next year.
Analysts at 10 brokerage firms have issued recommendations for the Sibanye Stillwater Limited ADR (SBSW)’s stock and average of those rates the stock at a “Hold” and assign it a score of 3.30. Out of those 10 Wall Street analysts, 2 recommended a “Buy” rating, while 4 were in favor recommending the stock as a “Hold” and 3 analyst recommended the stock as “Sell”.
