Dynamic Technology Lab Private Ltd Has $418,000 Stock Holdings in Pan American Silver Corp. (NYSE:PAAS)

Dynamic Technology Lab Private Ltd cut its stake in Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 64.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,689 shares of the basic materials company's stock after selling 37,585 shares during the period. Dynamic Technology Lab Private Ltd's holdings in Pan American Silver were worth $418,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of PAAS. Signaturefd LLC lifted its holdings in shares of Pan American Silver by 6.0% during the fourth quarter. Signaturefd LLC now owns 7,924 shares of the basic materials company's stock valued at $160,000 after acquiring an additional 451 shares during the period. US Bancorp DE increased its holdings in shares of Pan American Silver by 9.6% during the fourth quarter. US Bancorp DE now owns 6,139 shares of the basic materials company's stock worth $124,000 after buying an additional 539 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Pan American Silver by 23.4% in the 4th quarter. Jones Financial Companies Lllp now owns 2,892 shares of the basic materials company's stock worth $58,000 after acquiring an additional 549 shares in the last quarter. Principal Securities Inc. grew its position 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 acquiring an additional 664 shares during the last quarter. Finally, Northwest & Ethical Investments L.P. raised its position in Pan American Silver by 1.4% in the 4th quarter. Northwest & Ethical Investments L.P. now owns 70,451 shares of the basic materials company's stock valued at $1,423,000 after purchasing an additional 972 shares during the last quarter. Institutional investors own 55.43% of the company's stock.

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Pan American Silver Trading Down 0.0 %

NYSE:PAAS traded down $0.01 during mid-day trading on Tuesday, hitting $27.18. The company had a trading volume of 1,173,831 shares, compared to its average volume of 3,722,780. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.96 and a current ratio of 2.50. Pan American Silver Corp. has a fifty-two week low of $17.86 and a fifty-two week high of $27.63. The firm has a market cap of $9.84 billion, a P/E ratio of 85.02 and a beta of 1.06. The business's fifty day moving average is $24.83 and its two-hundred day moving average is $23.13.

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

Pan American Silver Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 14th. Stockholders of record on Monday, March 3rd were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 1.47%. The ex-dividend date of this dividend was Monday, March 3rd. Pan American Silver's dividend payout ratio (DPR) is 125.00%.

Analyst Ratings Changes

Several research analysts recently issued reports on PAAS shares. National Bankshares reiterated an "outperform" rating on shares of Pan American Silver in a research report on Wednesday, April 2nd. StockNews.com cut shares of Pan American Silver from a "buy" rating to a "hold" rating in a research report on Wednesday, April 2nd. Royal Bank of Canada lifted 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. Scotiabank raised their price target on Pan American Silver from $28.50 to $32.00 and gave the company a "sector outperform" rating in a report on Monday. Finally, TD Securities cut Pan American Silver from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $28.00 to $27.00 in a report on Tuesday, March 11th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $28.50.

About Pan American Silver

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.