American Century Companies Inc. Has $28.17 Million Stock Holdings in Pan American Silver Corp. (NYSE:PAAS)

American Century Companies Inc. increased its holdings in Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,392,853 shares of the basic materials company's stock after purchasing an additional 52,777 shares during the period. American Century Companies Inc. owned approximately 0.38% of Pan American Silver worth $28,168,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of Pan American Silver in the fourth quarter worth $27,000. Laurel Wealth Advisors LLC acquired a new stake in Pan American Silver in the 4th quarter valued at approximately $30,000. Wilmington Savings Fund Society FSB bought a new position in Pan American Silver in the 3rd quarter worth approximately $32,000. Decker Retirement Planning Inc. acquired a new position in shares of Pan American Silver during the fourth quarter worth approximately $32,000. Finally, Bank Julius Baer & Co. Ltd Zurich bought a new stake in shares of Pan American Silver in the fourth quarter valued at approximately $32,000. 55.43% of the stock is owned by institutional investors and hedge funds.

Pan American Silver Price Performance

NYSE:PAAS traded up $0.36 on Wednesday, reaching $25.96. The stock had a trading volume of 3,033,481 shares, compared to its average volume of 3,845,762. The company has a quick ratio of 0.96, a current ratio of 2.50 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $9.40 billion, a P/E ratio of 81.13 and a beta of 1.25. Pan American Silver Corp. has a 1-year low of $15.86 and a 1-year high of $27.47. The stock has a fifty day moving average price of $24.69 and a 200-day moving average price of $22.96.

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Pan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last announced its earnings results on Wednesday, February 19th. The basic materials company reported $0.35 EPS for the quarter, hitting the consensus estimate of $0.35. Pan American Silver had a return on equity of 6.14% and a net margin of 3.98%. The company had revenue of $815.10 million for the quarter, compared to analysts' expectations of $805.20 million. Research analysts forecast that Pan American Silver Corp. will post 1.26 EPS for the current year.

Pan American Silver Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were issued a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date was Monday, March 3rd. Pan American Silver's dividend payout ratio is currently 125.00%.

Wall Street Analyst Weigh In

PAAS has been the topic of several research 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. Scotiabank upped their price target on Pan American Silver from $28.00 to $28.50 and gave the company a "sector outperform" rating in a report on Tuesday, February 25th. StockNews.com downgraded shares of Pan American Silver from a "buy" rating to a "hold" rating in a research note on Wednesday. Finally, TD Securities cut shares of Pan American Silver from a "buy" rating to a "hold" rating and dropped their price objective for the company from $28.00 to $27.00 in a research note on Tuesday, March 11th. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $27.92.

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.