1 week Ago By ABMN Staff
Wellington Management Group LLP raised its holdings in shares of Pan American Silver Corp. ( NYSE:PAAS – Free Report ) (TSE:PAAS) by 191.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 167,847 shares of the basic materials company’s stock after buying an additional 110,170 shares during the period. Wellington Management Group LLP’s holdings in Pan American Silver were worth $3,394,000 at the end of the most recent reporting period. Other institutional investors and hedge funds have also recently modified their holdings of the company.
Comprehensive Financial Planning Inc. PA purchased a new stake in Pan American Silver during the 4th quarter valued at about $27,000. Laurel Wealth Advisors LLC bought a new stake in Pan American Silver in the fourth quarter valued at approximately $30,000.
Decker Retirement Planning Inc. purchased a new stake in shares of Pan American Silver during the fourth quarter valued at approximately $32,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Pan American Silver in the third quarter worth $32,000.
Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in Pan American Silver during the 4th quarter valued at $32,000. 55.
43% of the stock is owned by institutional investors. Pan American Silver Stock Up 4.1 % Shares of NYSE:PAAS opened at $25.
87 on Friday. The firm has a market capitalization of $9.37 billion, a P/E ratio of 80.
85 and a beta of 1.06. The company has a debt-to-equity ratio of 0.
16, a quick ratio of 0.96 and a current ratio of 2.50.
The stock has a 50 day moving average price of $24.79 and a 200-day moving average price of $23.08.
Pan American Silver Corp. has a 52-week low of $17.86 and a 52-week high of $27.
47. Pan American Silver Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were given a dividend of $0.
10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 1.
55%. The ex-dividend date was Monday, March 3rd. Pan American Silver’s dividend payout ratio (DPR) is presently 125.
00%. Analyst Ratings Changes PAAS has been the topic of a number of recent analyst reports. Scotiabank raised their price target on shares of Pan American Silver from $28.
00 to $28.50 and gave the stock a “sector outperform” rating in a report on Tuesday, February 25th. StockNews.
com cut Pan American Silver from a “buy” rating to a “hold” rating in a research note on Wednesday, April 2nd. TD Securities lowered Pan American Silver from a “buy” rating to a “hold” rating and lowered their price target for the company from $28.00 to $27.
00 in a research report on Tuesday, March 11th. National Bankshares reiterated an “outperform” rating on shares of Pan American Silver in a report on Wednesday, April 2nd. Finally, Royal Bank of Canada boosted their target price on Pan American Silver from $28.
00 to $30.00 and gave the company an “outperform” rating in a research note on Tuesday, February 11th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock.
Based on data from MarketBeat, Pan American Silver presently has a consensus rating of “Moderate Buy” and an average price target of $27.92. Get Our Latest Stock Report on PAAS Pan American Silver Company Profile ( Free Report ) Pan American Silver Corp.
engages in the exploration, mine development, extraction, processing, refining, and reclamation of silver, gold, zinc, lead, and copper mines in Canada, Mexico, Peru, Bolivia, Argentina, Chile, and Brazil. The company was formerly known as Pan American Minerals Corp. and changed its name to Pan American Silver Corp.
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