UBS Asset Management Americas Inc. boosted its position in Stillwater Mining Company (NYSE:SWC) by 27.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,924 shares of the mining company’s stock after buying an additional 13,307 shares during the period. UBS Asset Management Americas Inc.’s holdings in Stillwater Mining were worth $1,052,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently modified their holdings of the company. State of Alaska Department of Revenue raised its position in shares of Stillwater Mining by 2.6% in the first quarter. State of Alaska Department of Revenue now owns 13,440 shares of the mining company’s stock worth $232,000 after buying an additional 340 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of Stillwater Mining during the fourth quarter worth approximately $258,000. Suntrust Banks Inc. raised its position in shares of Stillwater Mining by 0.6% in the first quarter. Suntrust Banks Inc. now owns 19,941 shares of the mining company’s stock worth $344,000 after buying an additional 118 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Stillwater Mining by 25.6% in the first quarter. DekaBank Deutsche Girozentrale now owns 22,157 shares of the mining company’s stock worth $384,000 after buying an additional 4,522 shares in the last quarter. Finally, First Midwest Bank Trust Division raised its position in shares of Stillwater Mining by 3.3% in the first quarter. First Midwest Bank Trust Division now owns 26,180 shares of the mining company’s stock worth $452,000 after buying an additional 847 shares in the last quarter. Hedge funds and other institutional investors own 89.28% of the company’s stock.

Shares of Stillwater Mining Company (NYSE:SWC) opened at 18.00 on Tuesday. The stock has a 50 day moving average of $17.99 and a 200-day moving average of $17.07. Stillwater Mining Company has a 52 week low of $9.40 and a 52 week high of $18.00.

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Separately, Royal Bank Of Canada set a $17.00 price objective on shares of Stillwater Mining and gave the stock a “hold” rating in a report on Monday, April 10th. Three analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $19.00.

About Stillwater Mining

Stillwater Mining Company is engaged in the development, extraction, processing, smelting and refining of palladium, platinum and associated metals (platinum group metals (PGMs)) produced by mining a geological formation in south-central Montana, known as the J-M Reef. The Company operates through five segments: Mine Production, PGM Recycling, Canadian Properties, South American Properties and All Other.

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Institutional Ownership by Quarter for Stillwater Mining (NYSE:SWC)

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