27,760 Shares in Pan American Silver Corp. (NYSE:PAAS) Bought by Boston Partners

Boston Partners purchased a new position in Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 27,760 shares of the basic materials company's stock, valued at approximately $561,000.

Other institutional investors also recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in Pan American Silver by 6.0% in the 4th quarter. Signaturefd LLC now owns 7,924 shares of the basic materials company's stock worth $160,000 after acquiring an additional 451 shares in the last quarter. US Bancorp DE boosted its holdings in shares of Pan American Silver by 9.6% in the fourth quarter. US Bancorp DE now owns 6,139 shares of the basic materials company's stock valued at $124,000 after purchasing an additional 539 shares during the period. Jones Financial Companies Lllp grew its stake in Pan American Silver by 23.4% in the fourth quarter. Jones Financial Companies Lllp now owns 2,892 shares of the basic materials company's stock worth $58,000 after purchasing an additional 549 shares in the last quarter. Principal Securities Inc. increased its holdings in Pan American Silver by 12.5% during the 4th quarter. Principal Securities Inc. now owns 5,977 shares of the basic materials company's stock worth $121,000 after purchasing an additional 664 shares during the period. Finally, Advisors Asset Management Inc. raised its position in Pan American Silver by 3.7% during the 3rd quarter. Advisors Asset Management Inc. now owns 26,751 shares of the basic materials company's stock valued at $558,000 after purchasing an additional 951 shares in the last quarter. Hedge funds and other institutional investors own 55.43% of the company's stock.

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Analyst Upgrades and Downgrades

Several equities analysts have recently commented on PAAS shares. StockNews.com lowered Pan American Silver from a "buy" rating to a "hold" rating in a research note on Sunday, December 1st. TD Securities downgraded shares of Pan American Silver from a "buy" rating to a "hold" rating and cut their target price for the company from $28.00 to $27.00 in a research report on Tuesday, March 11th. Scotiabank upped 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, Royal Bank of Canada lifted their price objective on shares of Pan American Silver from $28.00 to $30.00 and gave the company an "outperform" rating in a report on Tuesday, February 11th. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Hold" and a consensus price target of $27.92.

Pan American Silver Stock Down 0.9 %

Shares of NYSE PAAS traded down $0.23 during trading hours on Wednesday, hitting $25.75. 2,470,385 shares of the stock were exchanged, compared to its average volume of 3,802,255. Pan American Silver Corp. has a 12 month low of $13.91 and a 12 month high of $27.47. The firm has a fifty day moving average price of $24.17 and a 200-day moving average price of $22.72. 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 cap of $9.32 billion, a PE ratio of 80.46 and a beta of 1.25.

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

Pan American Silver Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.10 per share. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.55%. Pan American Silver's payout ratio is 125.00%.

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.