4,479 Shares in Wheaton Precious Metals Corp. (NYSE:WPM) Bought by Fiduciary Family Office LLC

Fiduciary Family Office LLC bought a new position in Wheaton Precious Metals Corp. (NYSE:WPM - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor bought 4,479 shares of the company's stock, valued at approximately $252,000.

Other hedge funds also recently bought and sold shares of the company. Envestnet Asset Management Inc. boosted its position in shares of Wheaton Precious Metals by 7.8% during the 2nd quarter. Envestnet Asset Management Inc. now owns 56,849 shares of the company's stock valued at $2,980,000 after acquiring an additional 4,098 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Wheaton Precious Metals by 4.5% during the second quarter. Dimensional Fund Advisors LP now owns 569,011 shares of the company's stock valued at $29,829,000 after purchasing an additional 24,428 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its stake in shares of Wheaton Precious Metals by 9.7% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 15,374 shares of the company's stock worth $792,000 after buying an additional 1,358 shares in the last quarter. Intech Investment Management LLC purchased a new position in shares of Wheaton Precious Metals in the 2nd quarter worth $214,000. Finally, AE Wealth Management LLC bought a new stake in shares of Wheaton Precious Metals in the 2nd quarter worth about $907,000. Institutional investors own 70.34% of the company's stock.

Wheaton Precious Metals Trading Down 0.1 %

Shares of NYSE WPM traded down $0.04 during mid-day trading on Thursday, reaching $58.94. The company had a trading volume of 1,137,068 shares, compared to its average volume of 1,388,505. Wheaton Precious Metals Corp. has a 52 week low of $38.57 and a 52 week high of $68.64. The business's 50-day moving average is $59.45 and its 200-day moving average is $60.54. The stock has a market cap of $26.74 billion, a price-to-earnings ratio of 43.98, a price-to-earnings-growth ratio of 1.30 and a beta of 0.76.

Wheaton Precious Metals (NYSE:WPM - Get Free Report) last issued its earnings results on Friday, November 8th. The company reported $0.34 EPS for the quarter, hitting analysts' consensus estimates of $0.34. The business had revenue of $308.25 million for the quarter, compared to analyst estimates of $324.57 million. Wheaton Precious Metals had a net margin of 50.05% and a return on equity of 8.85%. During the same period last year, the company posted $0.27 earnings per share. As a group, equities research analysts forecast that Wheaton Precious Metals Corp. will post 1.45 earnings per share for the current year.

Wheaton Precious Metals Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 6th. Shareholders of record on Thursday, November 21st were given a dividend of $0.155 per share. This represents a $0.62 dividend on an annualized basis and a yield of 1.05%. The ex-dividend date was Thursday, November 21st. Wheaton Precious Metals's dividend payout ratio (DPR) is presently 46.27%.

Analysts Set New Price Targets

WPM has been the subject of several recent research reports. National Bank Financial upgraded Wheaton Precious Metals from a "sector perform" rating to an "outperform" rating in a research report on Thursday, October 10th. UBS Group assumed coverage on Wheaton Precious Metals in a report on Monday, November 18th. They issued a "buy" rating and a $78.00 target price for the company. TD Securities boosted their target price on Wheaton Precious Metals from $74.00 to $75.00 and gave the company a "buy" rating in a research report on Friday, November 8th. Raymond James raised their price target on Wheaton Precious Metals from $74.00 to $75.00 and gave the stock an "outperform" rating in a research report on Friday, October 25th. Finally, Stifel Canada cut shares of Wheaton Precious Metals from a "strong-buy" rating to a "hold" rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $71.67.

Wheaton Precious Metals Company Profile

Wheaton Precious Metals Corp. primarily sells precious metals in North America, Europe, and South America. It produces and sells gold, silver, palladium, and cobalt deposits. The company was formerly known as Silver Wheaton Corp. and changed its name to Wheaton Precious Metals Corp. in May 2017. Wheaton Precious Metals Corp.