XTX Topco Ltd Has $1.63 Million Stock Holdings in First Majestic Silver Corp. (NYSE:AG)

XTX Topco Ltd increased its position in First Majestic Silver Corp. (NYSE:AG - Free Report) TSE: FR by 1,510.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 271,748 shares of the mining company's stock after acquiring an additional 254,870 shares during the quarter. XTX Topco Ltd owned about 0.09% of First Majestic Silver worth $1,630,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Cetera Advisors LLC grew its position in First Majestic Silver by 3.1% in the 1st quarter. Cetera Advisors LLC now owns 53,577 shares of the mining company's stock worth $315,000 after purchasing an additional 1,601 shares during the last quarter. Blue Trust Inc. boosted its position in shares of First Majestic Silver by 77.3% during the 3rd quarter. Blue Trust Inc. now owns 5,166 shares of the mining company's stock valued at $31,000 after acquiring an additional 2,253 shares in the last quarter. Veracity Capital LLC boosted its position in shares of First Majestic Silver by 18.5% during the 3rd quarter. Veracity Capital LLC now owns 17,344 shares of the mining company's stock valued at $104,000 after acquiring an additional 2,710 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of First Majestic Silver by 39.5% during the 2nd quarter. International Assets Investment Management LLC now owns 13,995 shares of the mining company's stock valued at $83,000 after acquiring an additional 3,960 shares in the last quarter. Finally, The Manufacturers Life Insurance Company boosted its position in shares of First Majestic Silver by 1.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 238,618 shares of the mining company's stock valued at $1,411,000 after acquiring an additional 3,980 shares in the last quarter. 27.16% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have commented on AG shares. HC Wainwright restated a "buy" rating and issued a $8.50 price target on shares of First Majestic Silver in a research report on Friday, October 18th. Cormark upgraded shares of First Majestic Silver from a "hold" rating to a "moderate buy" rating in a research report on Friday, September 6th.

First Majestic Silver Trading Down 1.8 %

NYSE AG traded down $0.11 during trading on Friday, reaching $6.09. 7,470,993 shares of the stock traded hands, compared to its average volume of 9,678,457. The firm has a market cap of $1.84 billion, a price-to-earnings ratio of -22.56 and a beta of 1.25. The stock's 50-day moving average price is $6.64 and its 200 day moving average price is $6.23. The company has a quick ratio of 2.45, a current ratio of 3.03 and a debt-to-equity ratio of 0.16. First Majestic Silver Corp. has a fifty-two week low of $4.17 and a fifty-two week high of $8.44.

First Majestic Silver (NYSE:AG - Get Free Report) TSE: FR last released its quarterly earnings results on Thursday, November 7th. The mining company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.09 by ($0.12). The company had revenue of $146.09 million during the quarter. First Majestic Silver had a negative net margin of 14.89% and a negative return on equity of 4.19%. Analysts predict that First Majestic Silver Corp. will post -0.17 EPS for the current year.

First Majestic Silver Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, November 29th. Investors of record on Friday, November 15th were given a $0.0048 dividend. The ex-dividend date of this dividend was Friday, November 15th. This represents a $0.02 dividend on an annualized basis and a yield of 0.32%. This is an increase from First Majestic Silver's previous quarterly dividend of $0.00. First Majestic Silver's dividend payout ratio (DPR) is -3.70%.

First Majestic Silver Company Profile

First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver and gold production in North America. Its projects include the San Dimas mine covering an area of approximately 71,867 hectares located in Durango State, Mexico; the Santa Elena that covers an area of approximately 102,244 hectares located in Sonora State, México; and the La Encantada covering an area of approximately 4,076 hectares located in Coahuila State, México.