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Sibanye Stillwater Limited (NYSE: SBSW) Smart Money Chronicles 2023: How Perpetual Ltd’s Bold Move is Shaking Up

Winning Strategies: The Inside Scoop on Perpetual Ltd’s Game-Changing Investment in Sibanye Stillwater Limited (NYSE: SBSW)

In its most recent Form 13F filing with the Securities and Exchange Commission (SEC), Perpetual Ltd. stated that during the first quarter, it acquired a new position in Sibanye Stillwater Limited (NYSE: SBSW) shares. A total of 34,000 shares of the company’s stock, worth roughly $70,000, were purchased by the fund.

Several other institutional investors have also modified their SBSW holdings. Goldman Sachs Group Inc.’s second quarter ended on June 30 boosted its holding in Sibanye Stillwater by 71.8%. After acquiring an additional 1,662,361 shares over the last three months, Goldman Sachs Group Inc. now directly owns 3,977,726 shares of the business’s stock, valued at $39,658,000.

During the fourth quarter, Arrowstreet Capital Limited Partnership acquired a new stake in Sibanye Stillwater at around $37,086,000. During the fourth quarter, AQR Capital Management LLC increased its holdings in Sibanye Stillwater by 53.0%.

After purchasing an additional 1,192,590 shares over the last three months, AQR Capital Management LLC now owns 3,441,840 shares of the company’s stock, valued at $36,690,000. During the first quarter, Dimensional Fund Advisors LP increased its holdings in Sibanye Stillwater by 19.3%.

Dimensional Fund Advisors LP now owns 512,967 more shares of the business’s stock than it did three months ago, for a total of 3,167,466 shares, valued at $51,441,000.

And last, during the first quarter, Invesco Ltd. its stake in Sibanye Stillwater rose by 53.2%. Invesco Ltd. has increased its share count by 552,900 since the end of the previous quarter, giving it 1,591,259 shares of the company’s stock, valued at $25,827,000. Hedge funds and institutional investors hold 7.49% of the stock.

Stillwater Sibanye Stock is Right up 0.2%

On Thursday, Sibanye Stillwater stock began trading at $6.55. The company’s 50-day and 200-day simple moving averages are $6.93 and $8.14, respectively. The debt-to-equity to equity for the company is 0.25, the quick ratio is 1.70, and the current ratio is 3.01. Sibanye Stillwater Limited’s one-year high is $12.44, and its one-year low is $5.96.

Profile of the Company Sibanye Stillwater

In South Africa, the US, Europe, and Australia, Sibanye Stillwater Limited and its subsidiaries operate as a precious metals mining corporation. The company makes chrome, nickel, silver, cobalt, and copper in addition to gold, and platinum group metals (PGMs), such as palladium, platinum, rhodium, iridium, and ruthenium.

Should you make a $1,000 investment in Sibanye Stillwater at this time?

You should know this before you consider Sibanye Stillwater.

The stocks that Wall Street’s top-rated and most successful research analysts advise their customers to buy Sibanye Stillwater wasn’t included in the list of the five stocks that top analysts are urging their customers to buy right away before the rest of the market catches on.

Analysts have given these five stocks a “Better Buy” rating, even though Sibanye Stillwater now has a “Moderate Buy” rating.

Sibanye Stillwater Limited (SBSW) Probe: Bronstein, Gewirtz & Grossman, LLC Urges Investors to Pursue Remedy for Alleged Misconduct

NEW YORK– Potential claims are being looked at by Bronstein, Gewirtz, & Grossman, LLC, on behalf of buyers of Sibanye Stillwater Limited (also known as “Sibanye Stillwater” or “the Company”) (NYSE: SBSW). Investors who bought securities from Sibanye Stillwater are urged to get further information.

Whether Sibanye Stillwater broke any federal securities laws is the subject of the investigation.

Investigation Specifics

Sibanye Stillwater shut off mining at its South African Kloof 4 shaft, which accounts for 14% of the company’s gold output, on August 1, 2023, because of infrastructural damage. On August 1, 2023, during intraday trading, Sibanye Stillwater’s American depositary receipt price dropped precipitously as a result of this news, harming investors.

Exactly why Bronstein, Gewirtz, and Grossman?

A reputable company that represents investors in securities fraud class actions and shareholder derivative lawsuits is Bronstein, Gewirtz & Grossman, LLC. For investors countrywide, our company has successfully recovered hundreds of millions of dollars.

Continue Reading: US Inflation Trends 2023: Navigating the Rollercoaster Ride of US Inflation

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