XTX Topco Ltd Increases Holdings in Pan American Silver Corp. (NYSE:PAAS)

XTX Topco Ltd grew its holdings in Pan American Silver Corp. (NYSE:PAAS - Free Report) TSE: PAAS by 26.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,492 shares of the basic materials company's stock after purchasing an additional 15,491 shares during the quarter. XTX Topco Ltd's holdings in Pan American Silver were worth $1,506,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of Pan American Silver by 1.6% during the fourth quarter. Vanguard Group Inc. now owns 14,008,185 shares of the basic materials company's stock valued at $283,385,000 after purchasing an additional 221,561 shares during the period. FIL Ltd raised its stake in Pan American Silver by 4.6% during the 4th quarter. FIL Ltd now owns 13,388,644 shares of the basic materials company's stock worth $270,848,000 after buying an additional 584,017 shares during the period. Norges Bank bought a new position in Pan American Silver in the fourth quarter worth approximately $91,916,000. Geode Capital Management LLC grew its stake in Pan American Silver by 32.2% in the fourth quarter. Geode Capital Management LLC now owns 2,027,461 shares of the basic materials company's stock valued at $40,776,000 after acquiring an additional 494,133 shares during the period. Finally, Ingalls & Snyder LLC increased its holdings in shares of Pan American Silver by 5.4% during the fourth quarter. Ingalls & Snyder LLC now owns 1,726,999 shares of the basic materials company's stock valued at $34,920,000 after acquiring an additional 89,011 shares in the last quarter. Institutional investors own 55.43% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Scotiabank reiterated a "sector perform" rating on shares of Pan American Silver in a report on Monday. StockNews.com lowered shares of Pan American Silver from a "buy" rating to a "hold" rating in a research note on Wednesday, April 2nd. National Bankshares reissued an "outperform" rating on shares of Pan American Silver in a research report on Wednesday, April 2nd. BMO Capital Markets assumed coverage on shares of Pan American Silver in a research report on Wednesday. They issued a "market perform" rating on the stock. Finally, Royal Bank of Canada lifted their price objective on shares of Pan American Silver from $28.00 to $30.00 and gave the stock an "outperform" rating in a report on Tuesday, February 11th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $28.50.

Pan American Silver Stock Performance

Shares of Pan American Silver stock traded down $0.82 on Friday, reaching $27.20. 3,654,412 shares of the company traded hands, compared to its average volume of 3,698,337. The company has a 50 day moving average of $25.05 and a 200 day moving average of $23.27. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.50 and a quick ratio of 0.96. Pan American Silver Corp. has a 52 week low of $17.86 and a 52 week high of $28.60. The firm has a market capitalization of $9.85 billion, a PE ratio of 85.00 and a beta of 1.06.

Pan American Silver (NYSE:PAAS - Get Free Report) TSE: PAAS last released its 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 during 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%. Equities analysts forecast that Pan American Silver Corp. will post 1.26 earnings per share for the current year.

Pan American Silver Dividend Announcement

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

Pan American Silver Company 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.