Fox Run Management L.L.C. Makes New $966,000 Investment in Pan American Silver Corp. (NYSE:PAAS)

Fox Run Management L.L.C. bought a new stake in shares of Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 47,769 shares of the basic materials company's stock, valued at approximately $966,000.

Several other large investors have also modified their holdings of PAAS. Signaturefd LLC lifted its stake in shares of Pan American Silver by 6.0% during 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 during the last quarter. US Bancorp DE lifted its position 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 purchasing an additional 539 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in shares of 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 during the last quarter. Principal Securities Inc. increased its stake in Pan American Silver by 12.5% in the 4th quarter. Principal Securities Inc. now owns 5,977 shares of the basic materials company's stock worth $121,000 after buying an additional 664 shares during the period. Finally, Advisors Asset Management Inc. increased its stake in Pan American Silver by 3.7% in the 3rd quarter. Advisors Asset Management Inc. now owns 26,751 shares of the basic materials company's stock worth $558,000 after buying an additional 951 shares during the period. Hedge funds and other institutional investors own 55.43% of the company's stock.

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Pan American Silver Stock Up 0.4 %

Pan American Silver stock traded up $0.11 during trading hours on Tuesday, reaching $25.98. The stock had a trading volume of 2,401,473 shares, compared to its average volume of 3,807,763. Pan American Silver Corp. has a 52 week low of $13.91 and a 52 week high of $27.47. The company has a market cap of $9.41 billion, a price-to-earnings ratio of 81.19 and a beta of 1.25. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.50 and a quick ratio of 0.96. The business's 50 day moving average price is $24.08 and its 200-day moving average price is $22.67.

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

Pan American Silver Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Monday, March 3rd were paid a dividend of $0.10 per share. The ex-dividend date was Monday, March 3rd. This represents a $0.40 annualized dividend and a yield of 1.54%. Pan American Silver's dividend payout ratio (DPR) is 125.00%.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on PAAS shares. Royal Bank of Canada upped their target price on shares of Pan American Silver from $28.00 to $30.00 and gave the stock an "outperform" rating in a research note on Tuesday, February 11th. StockNews.com downgraded Pan American Silver from a "buy" rating to a "hold" rating in a report on Sunday, December 1st. TD Securities cut shares of Pan American Silver from a "buy" rating to a "hold" rating and dropped their target price for the stock from $28.00 to $27.00 in a report on Tuesday, March 11th. Finally, Scotiabank boosted their price target on shares of Pan American Silver from $28.00 to $28.50 and gave the company a "sector outperform" rating in a report on Tuesday, February 25th. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus 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.