Andra AP fonden Acquires Shares of 22,700 Pan American Silver Corp. (NYSE:PAAS)

Andra AP fonden acquired a new stake in Pan American Silver Corp. (NYSE:PAAS) (TSE:PAAS) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 22,700 shares of the basic materials company’s stock, valued at approximately $459,000.

Other large investors also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA acquired a new stake in Pan American Silver in the fourth quarter valued at approximately $27,000. Laurel Wealth Advisors LLC acquired a new stake in Pan American Silver in the fourth quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB acquired a new stake in Pan American Silver in the third quarter valued at approximately $32,000. Decker Retirement Planning Inc. acquired a new stake in Pan American Silver in the fourth quarter valued at approximately $32,000. Finally, SBI Securities Co. Ltd. acquired a new stake in Pan American Silver in the fourth quarter valued at approximately $43,000. Institutional investors and hedge funds own 55.43% of the company’s stock.

Pan American Silver Stock Performance

Pan American Silver stock opened at $24.58 on Monday. The company has a market cap of $8.90 billion, a PE ratio of 76.80 and a beta of 1.25. The company has a fifty day moving average price of $23.02 and a two-hundred day moving average price of $22.26. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.50 and a quick ratio of 0.96. Pan American Silver Corp. has a 12 month low of $13.52 and a 12 month high of $26.05.

Pan American Silver (NYSE:PAAS) (TSE:PAAS) last released its quarterly earnings data on Wednesday, February 19th. The basic materials company reported $0.35 EPS for the quarter, hitting analysts’ consensus estimates of $0.35. The firm had revenue of $815.10 million during the quarter, compared to the consensus estimate of $805.20 million. Pan American Silver had a net margin of 3.98% and a return on equity of 6.14%. Research analysts expect that Pan American Silver Corp. will post 1.26 earnings per share for the current year.

Pan American Silver Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Monday, March 3rd will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date of this dividend is Monday, March 3rd. Pan American Silver’s payout ratio is 125.00%.

Analyst Upgrades and Downgrades

PAAS has been the subject of a number of recent analyst reports. Royal Bank of Canada raised their price target on shares of Pan American Silver from $28.00 to $30.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 11th. StockNews.com downgraded shares of Pan American Silver from a “buy” rating to a “hold” rating in a research report on Sunday, December 1st. 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 research report on Tuesday, February 25th. Finally, TD Securities raised their price target on shares of Pan American Silver from $25.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $28.08.

Pan American Silver Profile

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.